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.
Golden Corral will unveil a revamped format at a remodeled Greensboro, N.C., location that it hopes will help revive the buffet chain’s declining sales. The new look features elements designed to create a sophisticated yet cozy feel, an open dining room with more space between
Luke Chamblee’s company built the Graduate Hotel in Oxford, which was designed to reflect the unique culture of the town. Now LRC2 Properties has partnered with Loeb Properties to build a 100-room hotel to serve a burgeoning theater district in Memphis. Read the Mississippi Business
Walt Disney has revamped several of its retail stores to test a new prototype that includes more elements of the company’s theme parks, including big screens that show live streams of daily parades at Disney World and Disneyland. The new format is less cluttered and
Walmart will build a modern new headquarters on 350 acres in its hometown of Bentonville, Ark., to replace more than 20 spread-out buildings that were added as the retailer expanded into a company with 1.5 million U.S. employees. Read The New York Times story here
Target launched a test of its new curbside pickup service, dubbed Drive Up, at 50 stores in the Twin Cities area, giving shoppers the option of ordering via the Target app and picking orders up at their convenience. Through the service, shoppers let the stores
Forever 21 will open 10 Riley Rose specialty beauty stores this year, starting with a location in Glendale, Calif., which debuted in September. Read the CosmeticsDesign story here
Ashkenazy Acquisition Corp. is considering increasing its stake in New York’s Plaza Hotel. Its minority stake is part of the low-profile company’s $12 billion portfolio. Read the Bloomberg story here
ASCE’s new publication, “Construction Site Management and Labor Productivity Improvement: How to Improve the Bottom Line and Shorten the Project Schedule” provides straight-forward management practices that are easy to implement to avoid events leading to productivity and schedule degradation. With more than 70 years of
German discount supermarket chain ALDI has grown from a single suburban store to a 10,000-plus location global giant with a simple less-is-more strategy, The Wall Street Journal reports. Plans to grow to 2,500 U.S. locations put the retailer on track to become the country’s third-largest
Global Franchise Group, the parent of Great American Cookies, has acquired the 450-unit Round Table Pizza chain for an undisclosed amount. GFG also owns Pretzelmaker, Hot Dog on a Stick and Marble Slab Creamery/Maggie Moo’s Ice Cream. Read the Nation’s Restaurant News story here
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