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.
GameStop has named George Sherman its new CEO and tasked him with leading the company as it revamps its business model to compete with the growing digital gaming industry. The GameStop 2.0 plan centers on the company becoming a “cultural experience” that drives membership for
An application has been filed with the Mississippi Gaming Commission to build the ninth casino in Biloxi, Miss. The nearly $200 million project will seek to transform the empty Margaritaville Casino into a resort featuring an all-suite hotel, more than 1,000 slots, entertainment venues and
Chains are embracing back-of-the-house technology such as Arby’s mobile-app-connected HVAC system and Bluetooth-connected ovens. Stoner’s Pizza has installed Wi-Fi-enabled smokers for roasting meats and smart thermostats that trigger an alert when the freezer is above a safe temperature. Read the Nation’s Restaurant News story here
Starbucks has grown to 30,000 stores worldwide with the opening of its newest Reserve store in Shenzhen, China. The Seattle-based coffee giant opened its first China location 20 years ago and now has 3,700 units in the country. Read the InsideRetail.Asia story here
Discount retailer Shopko said it would close all of its more than 350 physical locations by June after filing for Chapter 11 bankruptcy in January. The Wisconsin-based department store chain opened its doors in 1962. Read the Money magazine story here
The parent company of discount airline Allegiant Air has received a $175 million construction loan for a resort project in Port Charlotte, Fla. The first phase is valued at $470 million, and construction should wrap up in fall 2020. Read the Las Vegas Review-Journal story
Yet another hotel may be coming to the city. A developer has filed for approval to build a 121-room Residence Inn by Marriott along the 2100 block of Fruitville Road in the downtown east area. Read the Sarasota Herald-Tribune story here
J. Crew Group is expanding its casual sibling brand, Madewell, with four new stores that have already opened this year, including a location at Hudson Yards in New York City. Madewell is scheduled to open six more locations by next February, and one or more
It’s out with the old, in with the new in Newport. Crews recently began tearing down a two-story building on America’s Cup Avenue to make way for construction of a new boutique hotel. Read the WPRI-TV story here
Franchising will help to fuel the long-term growth of Potbelly, which already has 478 locations, with 41 franchised. Read the QSR magazine story here
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