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.
Target will invest $7 billion over the next three years to cut prices and speed up initiatives including expanding private-label lines and building more smaller-format stores. Read the Star Tribune story here
Starbucks will make its debut in Italy late next year with a 25,500-square-foot Roastery store in Milan. The US-based coffee chain was originally going to partner with Italian company Percassi to open one of its traditional stores first, but plans changed after the high-end Roastery
The newly opened Aloft Miami Airport features free Wi-Fi, keyless room entry, a pool, fitness center, airport shuttle and more. Read the Tavel Weekly story here
The 98-key Life Hotel is opening in New York City this spring. The property occupies the 1895 building where Life magazine got its start. Read the New York Post story here
Hy-Vee opened a new store in Savage, Minn., Tuesday that includes the retailer’s first Basin cosmetics and beauty department and new grab-and-go foods. The 98,300-square-foot store is an indication of what future stores will look like for the retailer, which will open another store in
With 97% of consumers reporting that customer service is important to their brand choices and loyalty, according to the “2015 Global State of Multichannel Customer Service Report,” it is important for hotels to offer stellar service. Empowering staff helps them to have the confidence to
Department stores are taking different strategic approaches to reducing square footage and keeping brick-and-mortar stores relevant in the digital age. Macy’s and J.C. Penney will close some stores and use the savings to invest in others, while Kohl’s will move many of its stores to
Victoria’s Secret opened its first full-line China store in a 2,500-square-metres, four-story space near Shanghai’s high-end Xintiandi shopping district. The lingerie retailer has operated branded accessories stores in China since 2015, and it will open a second location in Chengdu later this year. Read the
Hersha Hospitality Trust has purchased The Ritz-Carlton, Coconut Grove, in Florida for $36 million and is planning a $10 million renovation. Read the Miami Herald story here
Cracker Barrel will enter the California market with the opening of a restaurant along the 15 Freeway in Victorville, in an area dubbed restaurant row. The Southern cooking chain operates 641 of its combined restaurants and gift shops in 43 states. Read the Inland Valley
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