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  • Best Practices: Safeguarding Against Money Counterfeiters

    According to the United States Secret Service, there are $ 1 trillion bank notes in circulation. Of this, $2.5 billion is fake. In 2013, U.S. authorities recovered $89 million in counterfeit money. Unfortunately, this is not good news for businesses as these statistics affect them in a major way.   

  • King of Prussia Mall opens 155,000-sq.-ft. wing

    Simon has opened the doors on a new 155,000-sq.-ft. wing at its King of Prussia Mall that connects the five-anchor Plaza and two-anchor Court. The Pennsylvania mega-mall’s footprint now encompasses 2.9 million sq. ft.   Longtime tenants Burberry, Hermes, Louis Vuitton, and Tiffany relocated to the new addition. Some 50 new stores will populate the space, led by high-fashion and luxury brands such as Calligaris, David Yurman, Jimmy Choo, CH Caroline Herrera, and Diane von Furstenberg.   

  • MOD Pizza mobs Houston

    It’s the pizza chain on the rise in the U.S. and in Houston, too, apparently.   MOD Pizza will open 11 new locations in H-town this year, bringing its total in the metro to 15, according to Transwestern, which served as the leasing agent. The fast-casual chain is well on its way to 200 locations, with for 50 new shops in 2016.   MOD Pizza’s $65 million in sales represented a 21% increase in 2015, making it the fastest-growing new food chain in the U.S., according to Nation’s Restaurant News.

  • Marine Layer is latest new-to-Kentucky tenant at The Summit

    Bayer Properties’ plan for drawing shoppers to its new $156 million mixed-use development in Lexington, Kentucky, could be one that catches on in other rural regions: Recruit retail tenants that are not new to the universe, but new to the state.   So when it opens next spring, the retail roster at The Summit at Fritz Farm will include Bonobos, Cos Bar, Shake Shack, J. McLaughlin, Brooks Brothers, and — just signed this week — Marine Layer.  

  • PizzaRev makes move into New England

    PizzaRev, the build-your-own pizza shop that has a franchising partnership with Buffalo Wild Wings, made its first foray into New England this week with the opening of a store in CambridgeSide Galleria in Boston.   Since joining forces with Buffalo Wild Wings in 2013, the fast-casual concept has expanded to more than 200 franchise locations. Its coverage had touched nearly all regions of the U.S. except for New England.  

  • JLL brings food theme to Broadway

    When JLL took over retail leasing for 1407 Broadway, just south of Times Square in New York, it decided to break up the four existing retail pads on the ground floor into eight and emphasize food. That plan is now coming into fruition with the signing of Gregory’s Coffee, Juice Generation, Luke’s Lobster, and ‘Witchcraft as the first four tenants.  

  • Papa John’s re-ups with NFL

    Papa John’s is the most recognized brand among fans of the National Football League and the chain intends to keep it that way, announcing it had renewed its multiyear deal as the official pizza sponsor of the NFL and the Super Bowl.   In that regard, Papa John’s is permitted to use NFL logos in its advertising and conduct integrated marketing campaigns involving the NFL Kickoff event and the Pro Bowl in addition to the Super Bowl.   

  • Dunkin’ Donuts to open 17 new stores in Atlanta

    Three current franchisee groups will introduce a total of 17 new Dunkin’ Donuts shops to the Atlanta area following deals signed with Dunkin’ Brands. Four of the units will be co-branded with Baskin-Robbins.  
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