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Kroger divesting Lucky’s Market stake

Kroger has announced that it will divest its stake in Lucky’s Market three years after investing in the company. In that time, Lucky’s Market has grown to 35 locations in 11 states and started selling Kroger private label items in its stores. Read the Progressive

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Boutique hotel slated for Wis. ex-department store

The 80-room boutique hotel planned for the former Zahn’s department store in downtown Racine has several unconventional features. The $27 million proposal by Milwaukee developer Dominion Properties will expand and restore the historic building overlooking Monument Square for the boutique hotel. It could open in

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The Fresh Market sets its focus on center store

The Fresh Market is working to revitalize the center store with more imported, national and private brands, and plans to add more nonfood products to its private label lineup next year. The retailer has joined with venture studio 25madison to predict trends for 2021 in

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Pair of hotel projects proposed for Charlotte, N.C.

A local hospitality developer is evaluating two sites in South End and Dilworth for hotel projects. OmShera Hotel Group recently filed a rezoning petition for a site at South Boulevard and South Caldwell streets, which sits on the edge of Dilworth, and documents filed with

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Fast-casuals, food halls are draws for new developments

The 20 biggest US fast-casual chains averaged sales growth of 24% from 2015 through last year, according to a report from real estate company CBRE. Fast-casual concepts, eatertainment venues and food halls are all proving popular as anchors for real estate projects looking to provide

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Pizza Inn, Pie Five parent to refresh both brands

Rave Restaurant Group is in the midst of overhauling its fast-casual Pie Five pizza chain and refreshing its more successful Pizza Inn brand under new Rave CEO Brandon Solano. Pizza Inn’s 155 locations have booked 10 quarters of same-store sales growth, while Pie Five is

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