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Apple to open $27M Chicago store in Oct.

Apple will open its new Chicago flagship on Oct. 20 on Michigan Avenue along the north shore of the Chicago River. The $27 million store, which replaces a location that opened in 2003, will feature an outdoor plaza and space featuring a video wall for

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Developer buys Las Vegas’ Fontainebleau for $600M

The unfinished Fontainebleau resort in Las Vegas has changed hands, with a group led by developer Steven Witkoff paying $600 million for the property. The move comes more than seven years after Fontainebleau was acquired out of bankruptcy by billionaire Carl Icahn for $148 million.

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Hilton pursues 100-property mark in LatAm

Hilton has signed some 30 deals in Latin America on its way to pushing its regional portfolio past the 100-property mark. Hilton open 15 new hotels in the region in the 12 months that ended June 30. Read the Hotel Management online story here

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Kroger to test restaurant concept in Ky.

Kroger continues to look for new ways to feed consumers and grow its brand, the latest example being the grocery retailer’s plan to open a restaurant called Kitchen 1883 in Union, Ky. The number is a reference to the year the company was founded. Read

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