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Subway opens 600 new locations over three months
Milford, Conn. -- Subway Restaurants said Monday that its franchisees have opened nearly 600 new locations in 48 countries, 42 U.S. states and seven Canadian provinces over the past three months, bringing the total of new Subway restaurants to just over 1,200 for the year so far.
The new restaurants account for 1.4 million sq. ft. of retail space.
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Whole Foods Market signs lease in Virginia Beach
New York City -- Whole Foods Market plans to open a store in Virginia Beach, Va.
The retailer recently signed a lease with S.J. Collins Enterprises for the construction of a 40,000-sq.-ft. store in the Hilltop section of Virginia Beach. It is scheduled to open by yearend 2013.