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Development/Redevelopment

  • No Reservations

    A new research report by The NPD Group unveiled information I already knew:  the restaurant space is growing by leaps and bounds. In fact, the total restaurant count in the U.S. increased by 4,442 units over last year, according to NPD’s recent restaurant census Fall 2012 ReCount.

    That’s no small potatoes.

    Some 616,008 eateries now dot the country, representing a .7% increase over last year, with the biggest growth coming from the quick-serve segment (up 1% over last year, or an added 4,037 units).

  • More jobs, stores ahead at Dollar General in 2013

    GOODLETTSVILLE, Tenn — Dollar General has big plans for growth in 2013 with the creation of 6,000 new jobs and the planned addition of 635 new stores and 550 relocations. With the addition of these jobs in 2013, Dollar General will have created approximately 30,000 jobs in the last six years.

  • Dollar General to open 635 stores in 2013

    New York -- Dollar General Corp. will open 635 new stores in 2013, creating some 6,000 jobs. The chain will also relocate 550 stores this year.

    With the addition of these jobs in 2013, Dollar General said it will have created approximately 30,000 jobs in the last six years.

  • NAHB builds hope for construction industry

    The National Association of Home Builders sees the residential construction industry gaining momentum in a larger economy that includes a few wild cards.

    At the International Builders’ Show here in Las Vegas, the Washington, D.C.-based trade association updated its 2013 housing starts forecast to 949,000 starts in 2013, up 21.5% from the prior year. At the end of January, the group had forecast 932,000.   

  • Hammacher Schlemmer NYC store to get makeover

    New York -- Hammacher Schlemmer iconic midtown Manhattan store will undergo an extensive floor-to-ceiling renovation. It will reopen May 16.

    The renovation of Hammacher Schlemmer's landmark store will include new lighting, more modern display cases, and a new floor consisting of solid stone and hardwoods. The new store layout will provide more square footage for customers to peruse the latest gadgets and problem-solving products.

  • Walmart Canada growth to slow

    Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

  • Walmart announces $450 million expansion in Canada

    New York -- Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada. 

  • Togo's continues West Coast expansion with 11 openings

    San Jose, Calif. -- Sandwich chain Togo's Eateries Inc. announced Monday it is in development on 30 new Togo’s units, as the company executed as many franchise agreements in 2012 in order to add to its West Coast presence.

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