Restaurant

Columbus, Ohio-based Nationwide Realty Investors’ $650 million Grandview Yard development has consistently been in the news over the past several years, as prominent components of the mixed-use project continue to fall into place and new buildings come online.  

When it comes to supply chain leadership and best practices, a fast food chain beat out the world’s leading e-commerce and discount retailers.

According to the new Gartner Inc. Supply Chain Top 25 ranking, McDonald’s led all retail chains with the number two ranking. Consumer products giant Unilever ranked first among all companies.

The retail supply chain is one of the most male-dominated areas of the historically male-dominated retail industry, but a growing number of female executives are shifting the paradigm. During the Women in Supply Chain & Technology luncheon held at the recent Manhattan Associates Momentum 2016 conference in Orlando, Florida, three veteran female retail supply chain practitioners discussed the challenges and rewards of their pioneering careers.

Starbucks Corp. has turned to the bond market to fund its sustainable-coffee efforts. The chain issued a $500 million U.S. corporate sustainability bond to fund projtects that will support ethical coffee sourcing. The 10-year, 2.45 percent senior notes, due 2026, will fund programs that ensure coffee is grown and distributed in a way that can be maintained over the long run, such as providing fair pay for workers and protection for wildlife.

The 300,000-sq.-ft. ONE DAYTONA mixed-use project isn’t scheduled to open for another 18 months, but when it does the unique project looks to set a new benchmark for mixed-use retail real estate developments.

Target Corp. has lined up Greek yogurt giant Chobani to open an café in its upcoming store in Manhattan’s Tribeca neighborhood. The 45,000-sq.-ft. store, opening this October, will feature a Chobani Café. The cafe will have a natural theme, offering items made with Chobani’s signature Greek yogurt and hand-selected, artisanal ingredients. Also on the menu: sandwiches, soups, coffee and desserts, all made with only natural ingredients.

A company that achieved global fame for its simple glazed doughnuts has been acquired by the owners of a growing coffee empire. Krispy Kreme Doughnuts has agreed to be acquired by JAB Beech Inc., a unit of German investment firm JAB Holding Company, for about $1.35 billion. The deal, which would take Krispy Kreme private, is the most recent in a string of purchases by JAB Holdings, including its acquisition in late 2015 of single-serve coffee maker Keurig Green Mountain.

Troy Alstead, the longtime Starbucks executive who resigned as COO in February 2016, is ready to take his next professional step.

According to the Puget Sound Business Journal, Alstead is planning to open a 57,000-sq.-ft. “sustainable social hub” in Gig Harbor, Washington. Offerings will include a restaurant, bar and café as well as a 20-lane bowling alley and meeting and party rooms.