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.
IKEA, which has already exceeded its original goal of cutting emissions by 15%, has raised the bar, setting a new goal of reducing greenhouse gas emissions across its operations by 50% by 2030. The company said it expects to hit net-zero emissions, without the use
Construction is set to start this year on a Four Seasons hotel and condo resort in Telluride, Colo., developed by Merrimac Ventures and Fort Partners. The $1 billion venue, slated to open in about two to three years, will include 52 guestrooms with an average
Dave & Buster’s is preparing to debut a new store prototype that incorporates more high-tech features and luxury touches, including high-quality surround sound and a VIP Watch Room that boasts bottle service. The new Dallas location also offers an interactive gaming area that incorporates virtual
Sprouts Farmers Market has set opening dates for seven stores in Florida, California, Maryland and Texas during the first few months of 2024 and also has plans to open additional locations in Pennsylvania and Tennessee this year. The grocer’s store count now includes more than
Marriott International will open three new hotels in Mexico, including the 216-room Sheraton Guadalajara Expo, which will feature a spa, a club lounge and business centers. The other properties are the 154-room Delta Hotels Puebla Mexico, including over 5,000 square feet of event space, a
Shake Shack reported a 20% jump in fourth-quarter revenue as efforts including expanding to the suburbs, adding more drive-thrus and installing self-serve kiosks paid off. The chain aims to grow by 80 new units this year, with a combination of licensed agreements and company-owned restaurants.
Restaurant Brands International, the parent of Burger King, Popeyes, Tim Hortons and Firehouse Subs, is forecasting a 40% jump in global sales between 2023 and 2028, to $60 billion. The company aims to grow to 40,000 units around the world by 2028. BNN Bloomberg
Starbucks debuted a new store design at Union Market in Washington, D.C., that is designed to make the cafe easier for people with disabilities to access and navigate, with an open floor plan, lower counters and other features that will be replicated in new locations
Walmart will open upwards of 150 new large-format Supercenter stores in the US over the next five years, most of them new construction, and a few will be conversions of smaller stores. The retailer currently has about 6,400 US namesake stores and 600 Sam’s Club
Chipotle Mexican Grill has reportedly moved a step closer to opening the first standalone Farmesa Fresh Eatery location after testing the format at a Kitchen United location. That test unit has closed, and Chipotle plans to further refine the concept at its Irvine, California Cultivate
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