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.
Wegmans Food Markets will open stores in northern New Jersey in July and September as it continues construction of a store in Brooklyn, N.Y., which is expected to open next year and will be Wegmans’ first location in New York City. The new stores are
Red Lobster has turned its attention to global expansion, opening 21 international restaurants since spinning off from Darden Restaurants in 2014. The company, which is growing through franchising, now has 49 restaurants in international markets including eight in Mexico. Read the Orlando Sentinel story here
Marriott International says it will grow by 300,000 rooms worldwide over the next two years. The company wants to expand its Starwood brand in Europe. Read The New York Times story here
While some retailers are streamlining their store counts in the digital age, others are betting bigger on bricks and mortar. Target will open as many as 100 small-format urban stores over the next three years and others including Costco, Ulta and discounters Dollar General and
Florida-based Anthony’s Coal Fired Pizza will expand into the Midwest this year, with eateries planned to open in four Chicago suburbs, says the Chicago Tribune. The chain launched in 2000 and has grown to about 60 East Coast restaurants.
Chef Michael Ehlert is overseeing every aspect of the renovation of the French Room restaurant in the Adolphus hotel in Dallas, from how big to make the tabletops to how to make a meatier eggplant steak. The revamped restaurant will open in late spring as
Amazon will open its fifth brick-and-mortar bookstore in the Lakeview neighborhood of Chicago. The 6,000-square-foot store melds physical and digital features, merchandises popular titles based on their Amazon ratings, and devotes significant space to Kindles and other Amazon devices. Read the Chicago Tribune story here
Wegmans Food Markets will open stores in northern New Jersey in July and September as it continues construction of a store in Brooklyn, N.Y., which is expected to open next year and will be Wegmans’ first NYC location. The new stores are part of a
Marriott, Hilton, Choice Hotels International and Wyndham are all finding growth abroad, underscoring the positive outlook for the hotel sector. Brand expansion and refinement are also contributing to growth for the sector. Read the Nasdaq.com/Zacks.com story here
Oak Hill Capital Partners will acquire Tampa, Fla.-based Checkers Drive-In Restaurants in a $525 million deal that includes equity, debt and a management buy-in, the private-equity The Wall Street Journal reported. Sentinel Capital Partners has owned Checkers since 2014, with about 840 U.S. restaurants under
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