Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Old Navy will open a 10,000-square-foot store in Japan, its first brick-and-mortar foray outside North America. Rather than locate on a tony shopping street, Old Navy is setting up shop in a new mall on Odaiba island in Tokyo Bay, alongside several other fashion brands
Rally’s Restaurants, in the middle of a remodeling effort to appeal to a broader customer base, is unveiling its new design in select markets throughout the country. The new look includes stainless steel accents over both drive-thru lanes, a black and white checkered theme and
RKF, the exclusive retail leasing agent in Manhattan for Pret A Manger, has arranged long-term leases for the sandwich on Eighth Ave. in Midtown West, and at the northwest corner of 12th Street in Union Square. With the new stores, Pret A Manger will have
Starwood Hotels & Resorts is continuing its aggressive expansion plan in the Chinese market with the launch of the Sheraton Jiaozhou Hotel in Jiaozhou, China. The 270-room property represents its first Sheraton hotel and the first managed property in the district.
U.S. restaurants have added more than 575,000 new jobs since the economic recovery began in 2010, according to the National Restaurant Association. Eateries boosted their employment 2.7% in the 12-month period ending June 30, more than twice the 1.3% increase in the economy overall, according
Swedish housewares giant IKEA Group said Saturday that it is waiting for the Indian government to approve its application for investing in the country and expects to be able to start retail operations soon. The Indian government has asked for certain clarifications, IKEA spokeswoman Josefin
More hotel firms are managing their carbon footprint in response to growing attention to the issue from the business-travel segment. Hotel chains such as InterContinental Hotels Group, Starwood Hotels & Resorts and Hilton Wolrdwide have launched initiatives to ensure environment friendliness at their properties. In
STR reports that the 12-month moving average for average daily hotel rates in the U.S. has risen to nearly three-fifths of the peak performance numbers reached in 2008 and estimates that it would take 14 to 15 more months before the hotel industry returns to
Ennismore Capital is looking to enlarge its footprint in the global hospitality industry through its boutique Hoxton hotel brand, which was formed after the group’s purchase of the 205-room Hoxton Hotel in London. The new hotel firm is looking to grow through a mix of
Walgreen plans to pay about $438 million for 144 stores from Stephen L. LaFrance Holdings that are operating as names including Super D Drug and USA Drug, according to a story in The Wall Street Journal. The deal includes a distribution center, a private-brand business
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page