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 […]
By Murray Shor At first glance, the fact that internet sales are booming should have a crushing impact on future dealmaking, already staggered by record-setting vacancies and lackluster leasing and development. This is despite the fact that many soothsayers are seeing signs on the horizon of improvement across-the-board– and they expect positive holidays sales due […]
Unified Foodservice Purchasing Co-op LLC, the exclusive purchasing agent for Yum! Brands Inc., has signed a distribution deal that makes Temple, Texas-based McLane Foodservice Inc. the exclusive provider of products to Yum’s A&W, KFC, Long John Silver’s, Pizza Hut and Taco Bell restaurants. Terms of the agreement were not disclosed. Louisville-based Yum (NYSE: YUM) is […]
Related News Restaurant giant Yum! Brands Inc. reaffirmed its 2010 profit forecast Friday and said its expects 2011 earnings per share to grow by at least 10 percent more. In a news release issued in advance of its annual investor update meeting, the company stood by its target of 14 percent EPS growth in 2010, […]
Starbucks Corp. isn’t saying whether Peet’s Coffee & Tea is a potential acquisition target, but there’s no doubt the Seattle-based coffee giant is interested in “buying large and small companies” to grow its consumer products business. As Reuters reported, CEO Howard Schultz said exactly that at an investor conference Wednesday in New York. And there’s […]
