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.
Whole Foods Market will open a 42,000-square-foot store in the New York City Financial District skyscraper known as One Wall Street on Jan. 11. The store’s art deco-inspired design is meant to mirror the area, as are its product offerings, which will include specially curated
McDonald’s has partnered with its suppliers on a deal to purchase enough renewable energy from Enel North America to power its US supply chain. The restaurant and its North American Logistics Council will buy renewable energy and certificates from Enel’s Blue Jay solar project, which
The historic Cotton Mansion in Duluth, Minnesota has been transformed into a boutique hotel by its new owner, Heirloom Property Management. Heirloom, which owns several other historic properties, bought the old mansion and carriage house for $1.4 million. Duluth News Tribune
Taco Bell is taking inspiration from McDonald’s success as it makes changes aimed at driving more frequent customer visits, including opening more units, committing to breakfast and making other menu changes to boost sales across day parts. Restaurant Business
Dollar General is accelerating plans to expand Popshelf, a discount retail concept with a slightly higher price point that aims to attract more affluent shoppers, as inflation continues to rise. The company plans to grow to 1,000 Popshelf stores over the next three years and
Dallas-based retail property owner Centennial grew its shopping center portfolio by 53% this year, an expansion from 15 million square feet of space in 2021 to 23 million square feet. Acquisitions included Westland Mall in Hialeah, Florida, Fairlane Town Center in Dearborn, Michigan and The
Ulta Beauty has debuted a new store layout that combines prestige and mass brands in a format designed to improve aesthetics and make it easier for shoppers to discover products, which includes a section at the front of the store dedicated to new brands. Retail
Hilton Hotels focused on luxury for its new Embassy Suites Downtown Nashville. The 30-story hotel has a modern style that highlights Music City with a large mural of country greats. Forbes
In addition to being a traditional way for retailers to sell excess inventory, outlet malls are also increasingly offering new shopping experiences and creating spaces for direct-to-consumer brands to break into brick-and-mortar retail. Glossy
Luxury brands like the Ritz Carlton and Four Seasons are taking to the high seas with branded cruise ships and superyachts. The Ritz Carlton‘s Evrima offers luxury suites and private onshore excursions, while Four Seasons is set to launch its superyacht in 2025. Robb Report
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