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.
Construction spending is up 4.9% for the first eight months of this year from the same period last year, even though spending was down 0.7% in August. Read the TED Magazine story here
Rouses Markets is acquiring nine locations of the LeBlanc’s Food Stores chain, giving it 54 stores across Louisiana. Rouses will rebanner the stores and expand the perishables and seafood departments, and all LeBlanc employees will be offered jobs. Read the Progressive Grocer story here
Whole Foods Market has opened an upscale restaurant and bar called the 2ND at its store in El Segundo, Calif., with a seasonal menu that includes vegetarian takes on crab cakes and nachos. The 2ND also offers 36 beers on tap and 12 wines by
Two upscale hotel openings are planned ahead of the Feb. 5 Super Bowl in the host city of Houston. Aloft Houston-Downtown is a makeover of the historical Stowers Building, while the new-build, 1,000-room Marriott Marquis is the largest of several upcoming properties. Read the Houston
Downtown Minneapolis may see one of the hotels planned by furniture retailer West Elm. The Williams-Sonoma subsidiary announcedit was entering the lodging business, with openings in several cities scheduled for 2018. Read the Star Tribune story here
Construction spending is up 4.9% for the first eight months of this year from the same period last year, even though spending was down 0.7% in August. Read the TED Magazine story here
Outdoor retailer Bass Pro Shops will acquire rival Cabela’s for $5.5 billion or $65.50 per share, in a deal slated to close next year. The combined retail chain will be privately held and headed by Bass Pro founder and CEO Johnny Morris; Bass Pro operates
Friendly’s plans to retrofit existing locations with drive-thrus and make the feature a part of new locations in a move that could boost sales by 25%. The Massachusetts-based chain hopes to open four to six locations in 2017 and anticipates as many as 10 new
Whole Foods Market opened an 18,000-square-foot store in Chicago’s Englewood neighborhood this week, giving one of the city’s poorest neighborhoods a place to buy fresh and organic foods. The retailer has striven to stock local products and hire employees from the neighborhood. Read the MarketWatch
Whole Foods Market opened an 18,000-square-foot store in Chicago’s Englewood neighborhood this week, giving one of the city’s poorest neighborhoods a place to buy fresh and organic foods. The retailer has striven to stock local products and hire employees from the neighborhood. Read the MarketWatch
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