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.
Texas-based home decor retailer At Home will dip its toes into e-commerce next year with the launch of a click-and-collect program in a handful of markets. The 206-store retailer also said it will grow its brick-and-mortar store base by 10% annually over the next three
The 123-room Karol Hotel will open in Clearwater, Florida, this fall, and it will have a rooftop bar with a view of Tampa Bay. The hotel will be the first Tribute Portfolio hotel in Pinellas County. Read The Business Journals story here
Growth in the U.S. hotel industry is challenged by staffing issues, with more than a million jobs reportedly unfilled in the hospitality sector as a whole. Read The New York Times story here
It’s time to say goodbye to the Thompson hotel—kind of. This fall, the Thompson will begin a yearlong face-lift that will see it transformed into a 1 Hotels property. Read The Hollywood Reporter story here
Ace Hardware has acquired Colorado-based home-repair services franchise Handyman Matters as part of its plan to expand into the “do it for me” segment. Read the Business Insider story here
Neighborhood Goods, a department store concept created to showcase digital natives and emerging brands, has raised $11 million in a new funding round that the retailer will use to grow. The company has one store in Plano, Texas, with plans to open locations in New
Rockford will borrow $23 million to build promised amenities at a downtown site where a former factory is becoming a hotel. Read the Elko Daily Free Press story here
Vraj Nariya was 12 months away from his 20-year pension in 2002 when the Vancouver, Washington, trucking company he worked for as a forklift operator filed for bankruptcy, putting him and 12,000 other people out of a job. Read The Business Journals story here
Colorado has been the launch pad for a slew of fast-casual concepts including Chipotle Mexican Grill, Noodles & Company, Quiznos and Smashburger. This list runs down 15 brands that started in the state and how large they’ve grown since opening. Read The Denver Post story
The U.S. hotel pipeline reached 206,000 rooms in July, its highest level since the 211,000-plus of 2007, with smaller and more upscale properties increasing their share, STR reports. Among other figures, he notes that Hilton Hotels, Marriott International and InterContinental Hotels Group account for 75%
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