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  • Starbucks getting even more aggressive in China — doubling store count

    Starbucks Corp. announced its most ambitious expansion plans to date for China, and also named its first CEO for the country.   Starbucks said it plans to double its store count in China, growing to 5,000 stores by 2021. Overseeing the expansion will be Belinda Wong, who has promoted from president to CEO of Starbucks China, effective immediately.   

  • Shake Shack tests mobile ordering

    Fast-casual eatery throws its hat into the mobile app arena.   Eager to take advantage of mobility, Shake Shack introduced a mobile app that includes an ordering platform. Designed on Apple’s iOS platform, the Shack App invites guests to place orders through their smart phone, and pick up meals at its “Midtown East Shack” in New York City. This single location test will be ongoing.   

  • Iowa center sells for $3.4 million

    Rubinstein Real Estate Company has sold the Blackhawk Village shopping center in Cedar Falls, Iowa, for $3.4 million to a private investor. Mid-America Real Estate brokered the sale.   The 65,548-sq.-ft. center includes Chuck E. Cheese’s, Famous Footwear, Key West Fitness, and Dollar Tree.   Cedar Falls, a city of about 40,000 people, is the home of the University of Northern Iowa and is situated in Black Hawk County.

  • Commentary on September Sales

    Neil Saunders, CEO of Conlumino, a New York-based retail research agency and consulting firm, offers the following insights on September sales results.  

  • Across from the track, Daytona’s future takes shape

    Driving your car on the beach and the Daytona International Speedway. Those are the things that have long defined Daytona Beach. Those and the legendary Bill France, Sr.   

  • McWhinney names a ‘Mayor’ of Denver’s Dairy Block

    Simon and General Growth Properties veteran Tom Martin has joined McWhinney’s development team as VP of mixed-use operations and general manager of Dairy Block.   A McWhinney press release said that Martin will also hold the title of Mayor of Dairy Block, a mixed-use project the company is building in the Lower Downtown, or LoDo, section of Denver. The neighborhood houses Coors Field, Union Station, boutiques, and galleries.  

  • Wendy’s cuts energy use

    The Wendy’s Company is in the spotlight for dramatically reducing energy usage.    The company received two environmental awards from the 2016 Lighting Energy Efficiency in Parking (LEEP) campaign. Wendy’s was recognized for the largest absolute number of facility upgrades and highest percentage energy savings in a retrofit of a parking lot.   

  • West Elm isn’t the only retailer going into the hotel business

    Hotels may just be the new frontier for retailers.    Shinola, the quirky company best known for its pricey watches, bikes and leather goods, already has its headquarters, manufacturing arm and a flagship in Detroit. Next on the agenda: a 130-room-plus boutique hotel.  
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