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Hospitality

  • CBRE completes sale Frisco, Texas shopping center

    Dallas — Shayan Holdings has purchased the 29,200-sq.-ft. Lebanon Ohio Center, an unanchored strip retail complex, in Frisco, Texas. The seller was LandPlan Development Corporation. The price was not disclosed.

    The center is currently 90% occupied. Tenants include CrossFit Remedy and Arts and Technology Institute. CBRE’s Dallas office represented the seller in the transaction and conducted the financial analysis.

  • Domino’s accepts Google Wallet payments

    Ann Arbor, Mich. - Domino's Pizza is integrating Google Wallet with its Android ordering app. Domino's customers who have an Android device can now pay for their online orders using Google's digital wallet.

    Domino's customers who place an online order of $10 or more using the Android ordering app and pay by selecting the "Buy with Google" button at checkout will receive a free order of Domino's new specialty chicken, now through June 15.

  • Pizza and frozen yogurt shops to Legends Outlets in Kansas City

    New York -- SweetFrog and Pizza Studio will open shops at Legends Outlets Kansas City in Kansas City, Kan., this spring and summer respectively. The locations will be the first in the Kansas City metropolitan area for both concepts.

    SweetFrog has leased a 1,588-sq.-ft. space. The frozen yogurt franchise invites customers to make their own soft-serve creations, choosing from an array of flavors and toppings.

  • The Melting Pot plans North America expansion

    Tampa, Fla. - The Melting Pot Restaurants  plans to expand its footprint in select markets throughout the U.S., and Canada. Domestically, the company is looking to recruit new franchisees in cities such as Anchorage, Alaska; Little Rock, Ark.; Fresno, Calif.; Hartford, Conn.; Des Moines, Iowa; New York City; Chattanooga, Tenn.; Charleston, S.C.; and Portland, Maine, as well as Houston and El Paso, Texas.

  • Simon plans Phipps Plaza renovation in Atlanta

    Atlanta — Simon Property Group has announced a series of improvements for Phipps Plaza in Atlanta’s fashionable Buckhead district.

    The first improvement will make over the interior with a fresh new look. Plans include upgraded LED lighting, repainting, new warm wood accents, an updated railing system, luxury soft seating and lounging areas with Wi-Fi connectivity and chargers, upgraded restrooms and the installation of a hotel-like concierge service center.

  • Chipotle to raise prices for first time in three years

    Denver -- Chipotle Mexican Grill said it will hike prices for the first time in three years, saying that customer loyalty will insulate the chain from pricing fallout.

    New menu boards reflecting the 3%-5% higher prices will be in place at all restaurants by this summer, said Chipotle.

  • Study: Online video viewers like quick-service restaurants

    New York - Online video viewers, compared to non-online video viewers, are more frequent patrons of quick-service restaurants (QSR). A new study from video marketing platform Videology shows that those who watch video were 60% more likely to visit QSRs after hearing about a promotion or seeing an advertisement, regardless of the medium.

  • Starbucks to move Europe headquarters to London

    Seattle – Starbucks Corp. plans to move its European headquarters to London, from its current base in Amsterdam, Netherlands. The move will both concentrate some executives in the U.K., including some transferred from the Amsterdam office, and also increase the tax Starbucks pays in the U.K.

    Starbucks paid an estimated $16.8 million in U.K. taxes during 2013 and has said it expects to pay the same amount in 2014. The company has received criticism in the U.K. for allegedly using complex accounting procedures to minimize the tax it pays there.

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