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Sprouts Farmers Market to join Strong Station
Huntsville, Alabama - GBT Realty Corp. announced the expansion of Strong Station, a 180,000-sq.-ft. neighborhood center in Huntsville, Alabama, currently tenanted by Academy Sports + Outdoor. Nearly 96% leased, the $16-million Phase II adds 95,000 sq. ft. of retail on nine acres to the east of the existing sporting goods store.
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TechBytes: Three Reasons Retailer Innovation Labs are a Good Idea
With the recent announcement that it will build a new digital innovation lab in Boston, CVS Health has joined the ranks of retailers, including Wal-Mart Stores and Target Corp, who have also launched similar facilities. Not every retailer is in the position to build its own proprietary innovation hot house, but there are many advantages for those with the resources to do so. Following are three key reasons that retail innovation labs are a good idea.