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Report: Wal-Mart de Mexico to focus on remodels
Mexico City – Wal-Mart de Mexico reportedly plans to increase business investment 7% during fiscal 2014 as it shifts focus from opening new stores to remodeling existing stores. According to Reuters, Wal-Mart de Mexico will spend about $1.1 billion in fiscal 2014, while increasing total floor space by about 5%.
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CBRE: VERTS expands to Dallas and Houston
Austin, Texas — CBRE has announced three more Austin-area locations for local fast casual restaurant VERTS, bringing its store count to 10. In 2014, VERTS plans to open 13 new locations, including expansions into Dallas and Houston.
The newest locations are in North Austin. Locations in Round Rock and Cedar Park will open in the next two months.