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  • Algonquin Commons announces new leases

    Algonquin, Ill. -- Oak Brook, Ill.-based Inland Real Estate Corp. said Wednesday that Niko’s Lodge has leased the space formerly occupied by Barley House at Algonquin Commons in Algonquin, Ill.

    Niko’s Lodge, a wilderness-themed steak and seafood restaurant, will open in the 8,824-sq.-ft. space in late October. This will be the restaurant’s second location.

  • Wingstop to open 15 new locations in Atlanta

    Richardson, Texas -- Restaurant chain Wingstop said it has executed development agreements with franchise operators to open 15 new Wingstops in the Atlanta market.

    Three development agreements, including an 11-store deal with Tomahawk Brands LLC, will allow the Texas restaurant chain to expand its Atlanta presence from two locations to 17. The first unit under the new agreements is slated to open in early 2012.

  • P.F. Chang’s at La Palmera receives LEED Gold certification

    Corpus Christi, Texas -- Shopping mall La Palmera said that one of its major tenants, P.F. Chang’s China Bistro, received a LEED (Leadership in Energy and Environmental Design) gold certification, the restaurant’s first, for its location at the Corpus Christi, Texas, mall.

  • King Pinz completes expansion at Village at Leesburg

    Leesburg, Va. -- Dallas-based Cypress Equities and Kettler announced that luxury bowling alley and sports grill King Pinz has opened a 6,200-sq.-ft. expansion to its facility at Village at Leesburg, in Leesburg, Va.

    The addition features a six-lane luxury bowling suite, plus High Rollers Lounge, a fully enclosed cigar bar and cocktail lounge.

    With now 21,564 total sq. ft., King Pinz’ additional space increases the number of bowling lanes to 18.

  • Starbucks in settlement on overtime pay

    Seattle -- Starbucks Corp. agreed to pay nearly $1.6 million to cafe managers and their lawyers to settle a dispute concerning overtime pay, the Associated Press reported.

    The lawsuit was filed in 2009 in U.S. District Court in South Florida by a former Starbucks employee and covered roughly 550 managers.

  • Cosi teams with WAND for digital menu boards

    Eden Prairie, Minn. -- Restaurant chain Cosi said Monday it has selected WAND Corp. as its exclusive vendor for all digital menu board technology. Cosi said it plans to install the WAND Digital Menu Board system in all new and remodeled corporate restaurants and will encourage its franchisees to follow suit.

  • NPD report: U.S. restaurant count down by 9,450 from last year

    Chicago -- A Tuesday report by NPD Group said that U.S. restaurant unit counts declined by 2%, which translates to a loss of 9,450 restaurants since last year.

    According to the report, most of the total unit declines were independent restaurants. Chain restaurant unit counts remained relatively stable, according to NPD research.

  • PREIT announces new retail leases

    Philadelphia -- Pennsylvania Real Estate Investment Trust announced that almost half-a-million sq. ft. of leasable space was signed or opened across its mall portfolio since the end of April.

    According to PREIT, leases have been executed with J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 at Willow Grove (Pa.) Park, in the reconfigured space formerly occupied by Strawbridge’s.

  • Winn-Dixie to continue rollout of new format

    Apopka, Fla. -- Winn-Dixie said it has opened its fourth new-format grocery store, this one in Central Florida, on Wednesday, as part of its rollout of an enhanced neighborhood market concept.

    The newest store, located in Errol Plaza, is one of 17 planned store remodels. The company expects to invest approximately $5.5 million per store.

  • J.C. Penney, Nordstrom Rack to join Willow Grove Park lineup

    Philadelphia -- Pennsylvania Real Estate Investment Trust announced that J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 will join The Cheesecake Factory in 190,000 sq. ft. of anchor space formerly occupied by Strawbridge’s at Willow Grove Park in suburban Philadelphia.

    The reconfiguration of the former Strawbridge’s store sets the stage for continuing the fashion-oriented merchandising strategy that differentiates the mall and appeals to a wide range of shopping and dining tastes.

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