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  • Hotel construction begins at One Daytona

    Construction has started on the first hotel at One Daytona, the $120 million-plus project going up next to the Daytona International Speedway in Florida.   The 105-room Fairfield Inn & Suites being erected by Shaner Hotel Group is a short walk from the track. It will be joined by a Marriott Autograph Collection hotel to be called The Daytona.  
  • Lowe’s welcomes new senior VP

    James Han has joined Lowe's Cos. as senior VP of business development.    In this new role, Han is responsible for accelerating the company's business development strategy which involves identifying and implementing growth opportunities through new and emerging businesses, exponential innovation and corporate ventures. He reports to chief development officer Richard Maltsbarger.  
  • Mattress Firm posts Q2 loss

    The nation’s largest specialty bedding retailer posted disappointing results on Friday for its second quarter.

    Mattress Firm Holding Corp. on Friday reported a loss of $2.2 million, after reporting a profit in the same period a year earlier.

    Revenue increased 48.2% of $980 million, which also fell short of Street forecasts, reflecting incremental sales from acquired and new stores.

    Same-store sales fell 1.1%.

  • Mixed-Use project pondered for failed Walmart site in Sarasota

    Officials in Sarasota, Florida, are envisioning building a mixed-use project on the site of the town’s Ringling Shopping Center, the site over which Walmart lost a fight to build a new store.

    The 9.7-acre site could accommodate 222 residential units and 175,000 sq. ft. of office and retail space. Customer traffic at Ringling Shopping Center, Sarasota’s oldest, had fallen off precipitously in recent years.

  • First Look: Lou & Grey, New York

    The more casual sister of Loft and Ann Taylor has opened its first location in New York City.

    The store, in Manhattan’s Flatiron district, reflects the easy-going, laid-back approach of the merchandise on display, with a design that evokes a soft, clean feeling. It features marble tables and fitting rooms that evoke a lounge space – floating curtains in linen with pink velvet stools.
           

  • Home furnishings brand bolsters live customer service

    Digital retailing is on the rise, but sometimes you just need to speak to a human being.

    Online home furnishings retailer Wayfair is making this task even easier for its growing customer base with the opening of a new customer service center in Bangor, Maine. The facility will employ 450 full-time customer service positions, a workforce that will reinforce an already-reputable retail experience among its rapidly growing customer base.

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