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.
Chicago-based fast-casual chain Portillo’s will open its 50th restaurant next week, one of 12 new locations launched since Berkshire Partners acquired the company from founder Dick Portillo in 2014. The chain uses trends from its online mail-order business as one tool to determine which markets
ALDI will open at least 20 new stores in Southern California’s $45 billion grocery market within the next year, in addition to the 38 stores it currently operates there. Food retailers with a presence in the already-competitive region include Ralphs, Albertsons, Trader Joe’s, Walmart, Sprouts
Cedar Lake Cellars is rolling out the barrel – while having a barrel of fun – as its winery continues to rapidly expand. Cedar Lake Cellars, a year-round winery and event venue, recently opened its new premium event and dining space called The Barrel Room.
MGM Resorts International is planning for an approximately 5,000-seat theater at Monte Carlo Resort and Casino. The new concert venue will amplify the vibrant entertainment district taking shape on the west side of the Las Vegas Strip with a robust calendar featuring special engagements by
Macy’s has unveiled the first Wisconsin edition of Backstage – the off-price venture central to the big retailer’s efforts to increase shopper traffic and boost sagging sales numbers. Read the Milwaukee Journal Sentinel story here
The Big Fish Restaurant Group, which operates the Big Fish Grill chain in Pennsylvania and Delaware, has acquired three restaurants from the estate of long-time restaurateur Darius Mansoory. The deal includes Washington Street Ale House and Mikimotos Asian Grill and Sushi Bar in Wilmington, Del.,
The 12-story Marquette Hotel in downtown Minneapolis’ 57-floor IDS Center has undergone a $25 million renovation aimed at modernizing with a nod to the city’s history. JMI Realty of Austin, Texas, acquired the property last year for $74.5 million with the intent of getting it
Germany-based discount supermarket chain ALDI North will invest about $5.7 billion to improve its global store base, according to a report that cites company sources. The ALDI North division operates more than 4,800 namesake stores in Europe and upwards of 460 Trader Joe’s locations in
Private-equity firm Sycamore Partners expects to divide Staples into separate entities for U.S. retail, Canadian retail and business services, each of which would have its own financing while remaining part of the same corporate parent, according to The Wall Street Journal. Sycamore announced plans to
The creator of Pod Hotels is looking to expand the brand of mini-room properties from its current three locations. Read the Skift story here
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