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.
Firehouse Subs has opened a restaurant at Florida’s Jacksonville International Airport, which will be operated by HMSHost and will be the chain’s first location with a breakfast menu. The 1,084-unit chain is eyeing opportunities to expand into more non-traditional spaces such as stadiums and college
Dollar General is putting its name on former Dollar Express stores in markets across the country, including in Chicago and St. Louis, where it will rebanner 15 and seven stores, respectively, this fall. The locations are part of the group of 323 stores Dollar General
The Dodge Momentum Index took another step forward in June, increasing 1.1% to 141.1 (2000=100) from its revised May reading of 139.6. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown
The famed Stratosphere Casino Hotel and Tower and the Aquarius Casino Resort will join forces with Best Western Hotels and Resorts. Read TravelPulse story here
Landry’s owner Tilman Fertitta has acquired a 50% stake in New York-based EMM Group, parent of restaurant concepts Catch and Lexington Brass, for an undisclosed amount. The deal is expected to bring expansion to new markets including London and Las Vegas, said EMM partner Mark
Ulta Beauty will open its 999th store this month, on Chicago’s Magnificent Mile, with some features designed to fit into the high-profile urban store. The location will boast an expanded salon and one of the chain’s first MAC Cosmetics boutiques. Read the Chicago Tribune story
The team behind The Source — RiNo’s popular artisan market — has announced its next new restaurant concept: Smök. This barbecue eatery will be located inside The Source Hotel — a planned expansion of the market. Set to open in late 2017, The Source Hotel
Red Lion Hotels Corp. has announced 39 deals in the second quarter, up from 34 deals signed in the first three months of 2017. Read the Hotel Management online story here
Sweden-based fast-fashion retailer Hennes & Mauritz booked higher-than-expected second-quarter profits despite slowing sales growth by implementing tighter cost controls. The retailer will implement a new cost-control plan that includes cutting back on new store opening plans and working to boost online sales by 25% or
Walgreens Boots Alliance has dropped its plan to acquire Rite Aid for $9.4 billion and will instead pay $5.18 billion to buy about 2,000 Rite Aid stores, the companies said Thursday. The chains proposed the original merger in 2015 but faced strong opposition from antitrust
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