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.
Japan-based retailer Muji plans to grow to more than 100 US stores over the next six years, according to Women’s Wear Daily. The retailer is also introducing a larger store format that will allow it to add new product categories, including children’s apparel and furniture.
Santana Row’s next major expansion — the first office building in what could become a huge tech campus across the street from the iconic San Jose mixed-use destination — got underway with a formal groundbreaking. Read the San Jose Mercury News story here
The Cheesecake Factory will acquire Phoenix-based Fox Restaurant Concepts in a deal valued at $353 million. The deal includes the 20-unit North Italia chain, which Cheesecake Factory has been investing in since 2016; a catering business and nine other concepts, including Culinary Dropout and The
Los Angeles-based Fatburger has signed operator Croft Ventures to open 25 units in Texas, with initial plans for restaurants in Austin, Dallas, Houston and San Antonio. Rival burger chain In-N-Out Burger is also working to expand its number of units in Texas. Read the Houston
Price Rite Marketplace is opening the first of 17 rebranded stores in Connecticut, Massachusetts, New York and Pennsylvania this week. The grocer plans to rebrand the rest of its stores in 2020 to add self-service checkouts, more fresh foods and an updated look. Read the
Major developments are afoot or in planning stages in Detroit and stand to transform the city, including the Gordie Howe International Bridge, a Ford mobility campus and a megaproject dubbed The Mid that has two skyscrapers. Read the Curbed/Detroit story here
City centers are beginning to see an influx of specialty businesses as more retailers leave malls in search of street-facing locations. Other properties are investing in planned developments that incorporate retail with hotels, offices, parks, residences, restaurants, entertainment options and hospitals. Read the Retail Dive
A recent refresh of rooms and public areas and an upgrade of technology at the Comfort Suites in Gastonia, managed by Meyer Jabara Hotels, is seeing a boost in satisfaction scores with guests saying they are likely to return and recommend the hotel to friends.
Retailers like Kroger, Wal-Mart, Giant Food Stores and Stop & Shop worldwide are investing about $3.6 billion in artificial intelligence technology and are expected to spend $12 billion in the next four years, according to Juniper Research. Read the Forbes story here
Los Angeles-based Elite Restaurant Group confirmed the closure of 11 restaurants in Texas operating under the brand Daphne’s Mediterranean. Read the Restaurant Hospitality story here
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