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.
The Children’s Place Inc. is set to shutter 300 stores for good. During its first-quarter earnings call, the company announced plans to permanently close many of its mall-based outposts over the next 20 months. About 200 locations are scheduled to shut down by the end
The pandemic has forced many restaurants to rev up innovation to stay afloat, according to analysts and industry experts at Cowen‘s virtual Restaurant & Food Technology Summit. Digital sales have grown over the past few months, as have delivery services, contactless payments and pickup windows
Up to 85% of independent restaurants in the US could close by the end of the year, according to a report from the Independent Restaurant Coalition. Independents make up 70% of the total restaurant industry and depend on dine-in business for the majority of sales.
Despite COVID-19, construction of a seven-story boutique hotel continues at Overton Square. The 106-room Memphian hotel owned by Loeb Properties Inc. is slated to open next spring at 21 S. Cooper St. Mississippi-based MMI Hotel Group, a full-suite management company, and LRC2 Properties, are the
Planet Hollywood founder and Earl Enterprises Chairman Robert Earl’s acquisition of the Brio Tuscan Grille and Bravo Cucina Italian chains includes tweaking their names and reviving old menu items. The concepts will be renamed Brio Italian Grille and Bravo Italian Kitchen and, along with Earl-owned
The city is finalizing a few details before moving forward with a road project for the planned pig iron plant in Ashtabula. The city is ironing out issues before putting the project out for bids. The majority of the project is funded via grants, but
Albertsons has kicked off its initial public offering and expects the move to raise more than $1.3 billion. The sale of 65.8 million shares of common stock, priced at $18 to $20 per share, comes three months after Albertsons made its IPO filing and follows
An indoor concert atrium, hotel and casino will grace a $1.2 billion resort planned for the Broadwater in Biloxi, Mississippi. Dakia Entertainment Hospitality announced details of the resort, which will span 266 acres and provide about 1,000 construction jobs before its expected opening in 2023.
Essential retailers that stayed open with new precautions in place during the pandemic are taking steps to return to a bit of normalcy. Costco’s free samples will now be prepackaged for safety, Target has started reopening some in-store Starbucks shops and Kroger has begun returning
Upgraded amenities and heightened experiences for fans and student-athletes are on deck as JE Dunn Construction begins a $9 million renovation of Russ Chandler Stadium, the home of Georgia Tech baseball. The demolition of an existing one-story building paves the way for construction of a
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