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  • Applebee’s to open NYC’s first LEED Gold restaurant

    New York -- Applebee’s will open New York City’s first LEED (Leadership in Energy & Environmental Design) Gold certified restaurant on Monday, Dec. 10.

  • Wingstop to open 50 Russia locations

    Richardson, Texas -- Chain restaurant Wingstop announced Tuesday it has executed a master development deal that will facilitate about 50 unit openings in Russia, the first opening in Moscow.

    The chicken wing purveyor -- with more than 530 locations throughout the U.S. and Mexico -- signed a master development agreement with Baxtor Limited for 50 Wingstop restaurants to be opened throughout Russia over the next 10 years.

    The first location is expected to open in Moscow by the end of 2013.

     

  • Mrs. Fields to debut new store at Arista Place

    Broomfield, Colo. -- Mrs. Fields Cookies said Tuesday it will open a new location at Arista Place, located in Broomfield, Colo.

    The flagship store, which is slated to launch construction this month, will feature a new store design and branding. It is expected to open in March 2013.

    The new design, said the company, will incorporate more soft seating and a retail area for ordering cookie gifts online. The corporate location will also serve as the company’s training university for new franchisees.

  • Report: Private equity firm increases stake in DSW

    New York -- Multiple reports on Tuesday revealed that private equity firm Leonard Green & Partners disclosed in a regulatory filing that it has upped its stake in shoe retailer DSW Inc. to 1.3 million shares – or 3% of the company.

    The news sent DSW shares upward as much as 6% on Tuesday.

    Leonard Green previously owned 981,196 shares in DSW before raising its stake. It was forced to disclose its new position after a request for confidential treatment expired on Nov. 28.

     

  • It’Sugar to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group announced that It'Sugar has leased 2,027 sq. ft. at Delray Marketplace located in Delray Beach, Fla.

  • Inland Private Capital Corp. announces exec promotions

    Oak Brook, Ill. -- Inland Private Capital Corp. announced three employee promotions and the hiring of one new employee to the company’s senior management team. 

    Effective Nov. 13, the company has promoted Keith Lampi to the position of COO and Rahul Sehgal to chief investment officer. Additionally, Joe Binder has been promoted to senior VP acquisitions; Dione McConnell has been appointed VP operations.

  • DJM Capital Partners to develop retail/hotel project

    Huntington Beach, Calif. -- DJM Capital Partners announced that it has acquired about 11 acres from Crescent Heights for the retail and hotel portion of a planned mixed-use development Pacific City.

    The company said it plans to develop on the original footprint and with almost 6.5 acres for 191,000 sq. ft. of open-air retail, restaurants and entertainment and four acres for an eight-story hotel. 

  • JoS. A. Bank opens 600th store; plans to grow to 800 stores

    Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

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