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.
Pinstripes, which combines dining and sports such as bowling and bocce, plans to go public as part of a merger deal with special purpose acquisition company Banyan Acquisition that would value the eatertainment chain at $520 million. Pinstripes, which currently has 13 units with six
Preliminary work has begun in New York City’s Times Square on a 400-room, 32-floor hotel that is expected to be finished in the third quarter of 2025. The project, which will be an IHG Hotel & Resorts voco-branded property, is a joint venture between Atlas
ALDI plans to buy about 400 Winn-Dixie and Harveys Supermarket stores in five Southeastern states from Southeastern Grocer for an undisclosed amount. After the deal closes in the first half of next year, the German discount grocer expects to convert some of the locations to
Apparel retailer Primark has grown to 20 US stores, including seven locations that opened over the past year, and the UK-based retailer plans to expand to 60 US stores by 2026. The brand’s approach to site selection and growing digital efforts are planned to be
Hyatt Studios, Hyatt Hotels Corp.’s new upper-midscale extended-stay brand, will be launched in areas not populated by the company’s other brands in an aim to enhance customer loyalty without causing competition among properties. The first two hotels will be located outside of Mobile, Alabama and
A master plan proposed by Bayou Phoenix to redevelop Six Flags in New Orleans East is advancing with approval by the New Orleans Redevelopment Authority. The amusement park has been closed since Hurricane Katrina, but the new plans — which still need to be finalized
When Rouses Markets began considering adding a drive-thru restaurant to its new store build in Houma, Louisiana, executives looked to the successful operations of Chick-fil-A and Raising Cane’s chains as models for success. Winsight Grocery Business
Twin Peaks is expected to go public in a stock offering in 2024 and parent company Fat Brands plans to grow the chain from its current 103 units to about 200 over the next few years. In addition to building new locations, Fat Brands expects
REI is taking the next step in used clothing. The company is opening its second Re/Supply, scheduled to debut late this summer in Clackamas, Oregon. The first Re/Supply store opened in Manhattan Beach, California, in 2020. REI continues to offer a broad selection of used
Krispy Kreme‘s successful test with 160 McDonald’s units in Tennessee could lead to a bigger partnership as the doughnut brand seeks to grow sales via new channels. In addition to the McDonald’s partnership, Krispy Kreme is growing its lineup of retail partners, which includes Walmart,
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