Best Buy Co. Inc. said Friday that it’s rolled out health and fitness devices to about 600 Best Buy stores across the country, as well as online at Bestbuy.com. Richfield-based Best Buy (NYSE:BBY) has been offering the products at 40 stores for the past year as part of a pilot program. The health and fitness […]
Purchase this photo Wicked Local staff photo by David Gordon Voltage Coffee owner Lucy Valena stops for a photo in her new shop on Thursday morning, November 18, 2010. In science- and research-driven Kendall Square, Lucy Valena wanted to create an “art portal in a science space.” With the idea of bringing quality […]
Two local properties — 38 Chauncy St. in Boston and the Fresh Pond Shopping Center in Cambridge — are having markedly different effects on a $780 million portfolio of mortgage securities packaged and sold by GE Commercial Mortgage Corp. in 2002. The local office and retail properties were highlighted in a recent Moody’s Investors Service […]
Restaurants — even the nonchain variety — have become prized tennants for many shopping center operators. As the retail real estate industry transforms in the wake of the recession, mall and shopping center owners are building relationships with the kinds of tenants they might have ignored 5 or 10 years ago. BUILT-IN FANS: Michal Holleb […]
Best Buy Co. Inc. is offering the iPhone 3GS for free on Friday, breaking new ground in discounting of Apple Inc. products. It’s not the latest version of the popular smartphone and it doesn’t have enough storage at eight gigabits for those who want to load up a lot of pictures and songs. The deal […]
Moe’s Southwest Grill has announced plans to expand locally. Moe’s is adding nine new locations to its existing five in the Greater Boston area. Paul Damico, President of Moe’s Southwest Grill, said in a written statement that the expansion will create at least 25 jobs at each new location and drive much-needed traffic to neighboring […]
A.J. Wright is closing 71 of its stores, according to the parent company, TJX Cos. Inc., including one on Central Avenue in Albany, N.Y. The Framingham, Mass.-based discount clothing and home accessories retail chain (NYSE: TJX) did not disclose what would happen to the remaining two A.J. Wright stores in the Albany, N.Y., area. A […]
Participants at the ICSC New York Conference this week were waxing optimistic for the retail real estate industry going forward. Indeed, research consultant Dana Telsey told conferees that the phrase she heard most often at third-quarter earnings meetings with the executives of nearly two dozen retail chains was, “It feels better.” Telsey, who heads Telsey […]
BY JOAN VERDON The Record STAFF WRITER North Jersey is a prime target for retail expansion, as companies recover from the retail recession of the past two years and new businesses take advantage of vacant spaces, said real estate professionals attending the International Council of Shopping Centers deal-making conference in New York on Monday. The […]
Industry veteran to secure agreements with multi-unit franchise partners, developers COPPELL, Texas, Dec. 7, 2010 /PRNewswire/ — CiCi’s Pizza, home of the $4.99 endless pizza, pasta, salad and dessert buffet, announces today the addition of Deb Chappell as Director of Real Estate Services and Support. A 25-year veteran, Chappell led expansion efforts for big names […]
