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STORE SPACES

  • Starbucks to expand presence in Latin America; ‘several hundred’ stores planned for Brazil

    Seattle -- Starbucks Coffee Co. details its expansion plans for Latin America, including the opening of its first shop in Costa Rica on June 20. The company also said it plans to open "several hundred stores” in Brazil the next five years. (Starbucks has full ownership of its business in Brazil.)

    Starbucks and joint-venture partner Alsea expect to add more than 300 new stores in Argentina and Mexico by 2015.

  • Report: Starbucks to open Tazo tea store

    New York -- Starbucks Coffee Co. keeps branching out. After opening its first juice store (Evolution Fresh), the company plans to open a tea store under its Tazo brand in Seattle this fall, Bloomberg reported.

    The shop will sell more than 80 varieties of loose-leaf tea, which will be priced by the ounce, the report said. It will also offer pastries, baked goods and packaged chocolates.
     

  • Tanger Factory Outlet Centers to develop center at Foxwoods Resort Casino

    Greensboro, N.C. -- Tanger Factory Outlet Centers and Gordon Group Holdings have entered into an agreement to develop an upscale outlet center at Foxwoods Resort Casino in Mashantucket, Conn., on the Mashantucket Pequot Indian Reservation.

    Foxwoods Resort Casino is the largest casino complex in the United States by gaming square footage. Foxwoods attracts approximately 16 million annual visitors, an average of more than 40,000 people per day. 

  • Walgreens to open Well Experience flagship in Philadelphia

    Philadelphia — Downtown Philadelphia will be the site for Walgreens' next Well Experience flagship store, according to an online report published Friday by CBS/Philly. The new Walgreens will be located at Broad and Chestnut Streets in Center City, filling the space of what was once a Borders bookstore.

    The retail space extends 26,000 sq. ft. across three floors.

    The CBS/Philly report suggested the new store will open its doors this fall, citing the real estate agent who brokered the deal.

  • Lord & Taylor in wind energy agreement with Green Mountain Energy

    Austin, Texas -- Green Mountain Power announced  that Lord & Taylor is purchasing 100% wind energy for seven of its stores in New Jersey. With this purchase, Lord & Taylor becomes the first commercial customer in New Jersey for Green Mountain, which recently began selling to businesses in the Garden State.

  • 7-Eleven acquires 23 Texas c-stores; on target to open 630 stores in 2012

    Dallas -- 7-Eleven said Thursday it has completed its previously announced transaction with convenience store operator Strasburger Enterprises and has acquired 23 c-stores in Texas, mostly under the Quix banner.

    Terms of the deal, which brings 7-Eleven’s Texas store count to 570, weren’t disclosed.

  • Staples and Starbucks join national initiative to reduce energy

    New York -- Staples and Starbucks Coffee Co. have joined a voluntary national initiative to reduce energy consumption. Under the Better Buildings Challenge, companies commit to reducing the energy use in their facilities by at least 20% by 2020, and to post their annual power consumption and information on their conservation projects on a U.S. Department of Energy website.

    Staples, with 43 million sq. ft., joined the Better Buildings Challenge with a commitment to reduce energy intensity by 25% by 2020 and reduce its carbon footprint by 50% by 2025.

  • Target CEO details initiatives at annual meeting; 230 remodels and 20 to 25 new stores on tap

    New York -- Canned peaches, criminal records and political contributions were among the shareholder concerns expressed at Target’s annual meeting on Wednesday afternoon.

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