Restaurant

Purchase, N.Y. -- National Realty & Development Corp. (NRDC) is leasing 49,480-sq.-ft. of new retail tenancies at Pohatcong Plaza in Phillipsburg, N.J. Marshalls/HomeGoods and Quaker Steak and Lube have joined the 562,000-sq.-ft. center.  

New York  -- The outlook for retail in the Northeast remains quite positive, with demand from national, local and franchise companies across a broad range of categories, according to Levin Management.

Lakewood, Colo. -- Einstein Noah Restaurant Group, whose banners include Einstein Bros., Bagels, Noah's New York Bagels, and Manhattan Bagel brands, has agreed to be acquired by JAB Holding Company for approximately $374 million.

The agreement, unanimously approved by Einstein Noah Restaurant Group’s directors, represents a premium of approximately 47% over Einstein Noah’s 30-day average trading price.

Chicago – Retail is the top industry targeted for data breaches. According to the 2014 Global Security Report from cybersecurity provider Trustwave, retail made up 35% of attacks Trustwave investigated in 2013.

Food and beverage ranked second at 18% and hospitality ranked third at 11%. In addition, POS breaches accounted for 33% of Trustwave’s 2013 investigations, while e-commerce made up 54% of assets targeted and data centers comprised 10% of assets targeted. The median number of days from initial intrusion to detection was 87 days.

Alpharetta, Ga. - McAlister's Deli has signed an agreement with new franchise group MidSouth Hospitality Inc. to open 10 locations in Middle Tennessee. Led by McAlister's veteran Charles Corley, MidSouth Hospitality will be opening its first McAlister's in early 2015.

The newly formed company plans to open a total of 10 new restaurants during the next seven years.

Mixed-use projects have become a consumer home base

The concept of a shopping center as a place where people simply show up to make a few purchases and leave is becoming passé. Increasingly, developers are building mixed-use centers that include residential, office and entertainment components, which turn them more into a consumer home base and less of a functional destination.

Milford, Conn. – Subway Restaurants is partnering with Diet Coke in a new omnichannel promotion with a grand prize of meeting pop singer Taylor Swift in person. The #MeetTaylor contest, which runs Oct. 1 – Nov. 15, includes restaurant, social, online, TV and radio promotions.

Limited-edition Diet Coke cups will feature Swift’s likeness and also will carry specially-marked codes for a chance to win, daily in October, a meet and greet opportunity with Taylor Swift on her 2015 concert tour.