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Hospitality

  • McAlister’s Deli to open at Cool Creek Commons

    Carmel, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli has leased 5,454 sq. ft. at Cool Creek Commons, located in Carmel, Ind. 

    Cool Creek Commons is anchored by Fresh Market and Stein Mart with a total GLA of 132,759 sq. ft.

  • Orangetheory Fitness Studio to open on Long Island

    New York City -- Sabre Real Estate Group said it has arranged a lease for the first Orangetheory Fitness Studio on Long Island.

    The lease with landlord Federal Realty Investment Trust is for 3,480 sq. ft. at the Huntington Square Mall, located in East Northport and anchored by Sears and Barnes & Noble. The studio is expected to open in February.

    Orangetheory Fitness has plans to open as many as 30 studios in Nassau and Suffolk Counties. 
     

  • McDonald’s revenue, operating income up in Q4 and full year

    Oak Brook, Ill. -- McDonald’s Corp. reported Tuesday that consolidated revenues for fiscal 2011 rose 12% to a record-high $27 billion. The restaurant chain also said that global same-store sales increased 5.6% for the year ended Dec. 31, with positive comps across all geographic segments for every quarter.

    "During 2011, McDonald's continued momentum drove higher profitability and market share gains as we fortified our leadership position around the world," said McDonald's CEO Jim Skinner.

  • Swim U to open at Plantation Point

    Dallas -- Cypress Equities announced that Swim U has signed a lease to occupy 4,592 sq. ft. at Plantation Point Shopping Center, located in Raleigh, N.C.

    Swim U is a year-round indoor swim school for kids.

  • Starbucks to sell alcohol in some locations

    New York City -- Starbucks Coffee Co. plans to sell beer, wine and more upscale food, including hot flatbreads and small plates, in a small number of its locations in Atlanta and Southern California by the end of this. The company previously announced the same plans for about half a dozen stores in Chicago.

    Currently, five stores in the Seattle area and one in Portland, Oregon, now feature the extended offerings.

  • Want to improve your social media reputation? Better learn to understand it first

    By Jim Singer and Mark Langsfeld, [email protected], [email protected]

    Want to read something scary? Here’s an excerpt of a review on Quiznos posted on a popular restaurant review site:

  • Starbucks moving closer to opening stores in India

    New York City -- Starbucks Corp. is closing in on its retail deal with India’s Tata Coffee Ltd., which makes and exports instant coffee and plantation coffee, Reuters reported.

    Tata Coffee plans to open a Starbucks coffee shop by the end of this year, the report said.

  • NRF welcomes Obama's plans to boost U.S. tourism

    WASHINGTON — The National Retail Federation said it welcomed President Obama’s plans to boost travel and tourism, saying efforts to process visa applications more quickly will help U.S. stores make more sales to foreign tourists and business travelers who want to come here to shop.

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