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.
Even Pennsylvania’s upscale King of Prussia Mall is grappling with changes in the way people shop. Owner Simon Property Group will turn a former J.C. Penney store and the adjacent parking lot into a 17-acre mixed-use development, the first non-retail use of space at the
Retailers, restaurants and mall developers have opened upwards of 3 million square feet of new space in the Dallas-Fort Worth market in the past year, and retail vacancies have hit a record low. Major retailers including IKEA, Walmart and Target have boosted their investments in
The Independence Bridge in Bay City, Mich., will close for three months, starting in January, so construction crews can replace the bascule span deck grating, span stringers and sidewalks. The repairs will cost $1.45 million. Read the New Haven Register story here
Story, a New York City concept shop where the theme changes every few weeks, is drawing as many as 5,500 Saturday shoppers this time of year. The shop is winning throughout the year with experiences such as classes on cooking and yoga, trunk shows and
Construction of an extended-stay hotel is under way near a prominent corner in Carol Stream. Read the Daily Herald story here
Kroger Co.’s first foray into the strand-alone restaurant business appears to be off to a good start, with positive reviews and reported waits of up to an hour at times for a table at Kitchen 1883 in Union, Ky. Read the Supermarket News story here
A group of private-equity funds led by Apollo Global Management will acquire Qdoba from Jack in the Box for around $305 million in cash, the companies said. Jack in the Box bought Qdoba in 2003 and expanded the Mexican fast-casual concept from 85 units in
Best Buy opened the doors at one of its three stores in Puerto Rico, with deals and financing options on kitchen packages for residents whose homes were damaged by Hurricane Maria in September. The retailer has paid its 300 employees in Puerto Rico since the
Plus-size fashion retailer Ashley Stewart has survived two bankruptcies since 2010 and yet it is growing in-store sales on a square-foot basis and has quadrupled online sales since 2013. The brand’s latest revival is due in part to devotion from overweight black women, who are
Kroger’s first standalone restaurant, Kitchen 1883, has gotten a positive reception since opening in Union, Ky., last month, and the retailer is also readying for the opening of its culinary innovation center. The moves are two examples of how Kroger’s Hospitality Division and Culinary Innovation
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