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Hospitality

  • An Pure Spa to open in Manhattan

    New York City -- Winick Realty Group said that An Pure Spa, an upscale nail and day spa, has leased its first New York City location at 207 Ninth Avenue.
           
    The 1,965-sq.-ft. ground-floor space is accompanied by a 1,965-sq.-ft. basement.

  • Carmike Theatre to open at Foothills Mall

    Maryville, Tenn. -- Chattanooga, Tenn.-based CBL & Associates Properties announced plans for a new Carmike Cinema at Foothills Mall, in Maryville, Tenn.
          
    The new theatre will feature 12 screens with state-of-the-art stadium seating and amenities.
           
    A former Belk building will be redeveloped to accommodate the 45,000-sq.-ft. cinema. The existing theatre at Foothills Plaza will remain open during the new construction that is slated to begin this summer.

  • Panera Bread to open new Manhattan location

    New York City -- SRS Real Estate Partners said that Panera Bread has leased 6,926 sq. ft. on the ground-floor and basement levels at 120 E. 86th Street in Manhattan.
          
    The lease was arranged by way of a termination with the current tenant, Walgreens, and a new lease execution with Panera.

  • Dunkin’ Brands files for IPO

    New York City -- Dunkin’ Brands Group, which operates the Dunkin' Donuts and Baskin-Robbins chains, filed to sell at least $400 million of stock in an initial public offering.

    The Canton, Mass.-based company plans to use the proceeds to repay debt and for working capital and general corporate purposes, according to its filing with the Securities and Exchange Commission.

    Dunkin' Brands was taken private in 2005 by a trio of private-equity firms for $2.4 billion in cash.

  • Einstein Noah Restaurant Group selects Service Management Group to drive sales and increase loyalty

    Kansas City, Mo. -- Einstein Noah Restaurant Group announces partnership with Service Management Group, a leading customer analytics agency focused on loyalty and service improvement, to increase customer loyalty and drive same-store sales.

    Through this partnership Service Management will identify new business opportunities through customer analyses that integrate guest experience metrics with transaction data and Einstein restaurant attributes.

  • Mall of America owner to complete troubled Xanadu Project

    New York City -- Triple Five Worldwide Development Co. LLC, owner of the Mall of America in Minnesota, reached a deal with lenders and New Jersey Governor Chris Christie to complete and expand the stalled Meadowlands Xanadu entertainment complex in East Rutherford, N.J., Bloomberg reported.

  • Darden looks to double size of LongHorn Steakhouse over 10 years

    New York City -- Darden Restaurants plans to roughly double the size of LongHorn Steakhouse during the next 10 years. 

    Speaking at Barclay’s Retail & Restaurants Conference in New York City, Darden president and COO Drew Madsen said LongHorn Steakhouse, Olive Garden and Seasons 52 would help drive the company’s growth going forward. Darden want to expand LongHorn Steakhouse, which currently has some 345 locations, to 600 to 800 units over the next decade.

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