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.
Worldwide travel bookings are looking solid for the start of 2018, though inbound travel to the U.S. remains mostly flat. Inbound and outbound travel in the Asia-Pacific region is seeing double-digit gains. Read the Hotel Management online story here
Restaurant traffic and sales ticked up in November, along with operators’ optimism for the future, according to NRA‘s Restaurant Performance Index. Forty-six percent of operators forecast higher sales in the next six months, up from 44% in the previous month, and 60% plan to invest
Sears will shutter 39 namesake stores and 64 Kmart locations this spring as part of an ongoing effort to eliminate unprofitable stores. The closures are in addition to previously announced plans to close 63 stores by the end of this month. Read the Chicago Tribune
Macy’s has identified 11 of 34 stores it expects to close in the coming years, and clearance sales will begin at some of the locations next week, the retailer said. Macy’s is also testing off-price Macy’s Backstage concepts in more of its stores, as part
Wyndham and Nebula Infraspace have agreed to develop at least 20 Hawthorn Suites by Wyndham properties in India over the next decade. Read the Businessworld story here
After being selected as the developer for the MAPS 3 convention center hotel, we’re getting a first look at what Omni Hotels & Resorts has in store for downtown Oklahoma City. Omni Hotels proposed a conceptual 19-floor hotel with 600 rooms, approximately 50,000 square feet
The last remaining industrial building in downtown Hastings could soon be turned into a riverside hotel and banquet facility. A 67-room hotel, 22 apartments, restaurant and retail space would arise in the former H.D. Hudson Manufacturing Co. building. The estimated $25 million project would bring
A major hotel project is being proposed for a prominent intersection of downtown Cedar Falls. City officials have received building plans for an approximately 120- to 130-room Hampton Inn hotel at the northwest corner of West First and Main streets, on the site of the
Sears will shutter 39 namesake stores and 64 Kmart locations this spring as part of an ongoing effort to eliminate unprofitable stores, the company said Thursday. The closures are in addition to previously announced plans to close 63 stores by the end of this month.
Outdoor gear retailer Gander Outdoors will open scores of new stores in the coming months in Minnesota and several other states. The new stores will trade the big-box feel of the former Gander Mountain stores for spaces split into departments based on different outdoor activities.
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