Hospitality

Dollar General adds foodie and financial experience to its board
GOODLETTSVILLE, Tenn. — Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.

“We are excited to add Sandy to the Dollar General board of directors,” said Rick Dreiling, Dollar General’s chairman and CEO. “Sandy’s extensive experience and perspective will provide us with valuable insights as we continue to grow our business. Her expertise will complement our board as we strive to build shareholder value.”
Starbucks’ cup will runneth over
NEW YORK — If you thought Starbucks was everywhere already, wait a few years, as the company has announced plans to open 3,000 more stores in the Americas alone in the next five years.

Senior executives at the company outlined details of its growth agenda across its global retail, emerging brands and CPG channels at its biennial investor conference this week.

Store Design of the Year deadline looms

Time is running out to submit entries in the 31st annual Chain Store Age Retail Store of the Year Design Competition.
Trademark JV acquires Watters Creek

Fort Worth, Texas -- Trademark Property Group announced that together with Coventry Real Estate Advisors, Southern Land Co. and PCCP, it has recapitalized the Watters Creek at Montgomery Farm mixed-use project near Dallas in a joint-venture arrangement.

The Joint Venture acquired the note on the property from a multi-bank syndicate led by PNC Bank. PCCP provided the capital for the transaction from its opportunistic fund, PCCP Equity VI, L.P.
The Bottom Line Ends Here: Why Queue Management Matters

By Keith Carpentier, [email protected]
Applebee’s to open NYC’s first LEED Gold restaurant

New York -- Applebee’s will open New York City’s first LEED (Leadership in Energy & Environmental Design) Gold certified restaurant on Monday, Dec. 10.
Wingstop to open 50 Russia locations

Richardson, Texas -- Chain restaurant Wingstop announced Tuesday it has executed a master development deal that will facilitate about 50 unit openings in Russia, the first opening in Moscow.

The chicken wing purveyor -- with more than 530 locations throughout the U.S. and Mexico -- signed a master development agreement with Baxtor Limited for 50 Wingstop restaurants to be opened throughout Russia over the next 10 years.

The first location is expected to open in Moscow by the end of 2013.
Dillard’s joins line-up for The Shops at Summerlin

Dallas -- The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley. Dillard’s will build a two-level, 200,000-sq.-ft. foot in the center, with opening scheduled for fall 2014.
DJM Capital Partners to develop retail/hotel project

Huntington Beach, Calif. -- DJM Capital Partners announced that it has acquired about 11 acres from Crescent Heights for the retail and hotel portion of a planned mixed-use development Pacific City.

The company said it plans to develop on the original footprint and with almost 6.5 acres for 191,000 sq. ft. of open-air retail, restaurants and entertainment and four acres for an eight-story hotel.
It’Sugar to open at Delray Marketplace

Delray Beach, Fla. -- Indianapolis-based Kite Realty Group announced that It'Sugar has leased 2,027 sq. ft. at Delray Marketplace located in Delray Beach, Fla.

Dollar General adds foodie and financial experience to its board

Starbucks’ cup will runneth over

Store Design of the Year deadline looms

Trademark JV acquires Watters Creek

The Bottom Line Ends Here: Why Queue Management Matters

Applebee’s to open NYC’s first LEED Gold restaurant

Wingstop to open 50 Russia locations

Dillard’s joins line-up for The Shops at Summerlin

DJM Capital Partners to develop retail/hotel project

It’Sugar to open at Delray Marketplace