Addison, Texas — Northwood Retail will reposition Prestonwood Place, a 133,000-square-foot retail center located at the corner of Beltline and Montfort streets in Addison, a northern suburb of Dallas. The redevelopment is expected to be complete in early 2021. The project will convert part of the center into 50,000 square feet of office space, upgrade building façades and add a 15,000-square-foot park. Additional improvements will include reconfigured parking lots, new pedestrian walkways and refreshed landscaping. Construction will occur in four phases, with the overall completion slated for early 2021. Northwood …
— By Chris Scheppmann — A smart, simple solution to a holiday nightmare. Retail executives across the United States recently had to face their annual holiday parking nightmare. Holiday sales represent about 20% of annual sales each year (with some stores reaching as much as 30%), and this increased business results in a corresponding increase in auto traffic to and from shopping centers. For retail executives, particularly those managing busier complexes, this increased traffic can cause a nightmare scenario of dozens of cars circling parking areas looking for a …
— By Carol L. Carey — Why hiring a professional pressure washer is good for business. We no longer live in an age where negative remarks about service or cleanliness are written on a comment card and dropped in a box on the way out of a place of business. Now it’s as easy as snapping a picture and uploading it simultaneously to multiple social media platforms, all the while tagging your location and corporate office. Clicking a one-star and a quick negative, frustration-fueled comment on Yelp, Google Review …
Nashville, Tenn. — Captain D’s, the nation’s leading fast-casual seafood restaurant, achieved significant growth and success in its 50th year, opening 15 new locations and signing 8 franchise development agreements with new and existing franchisees to expand its brand footprint throughout the Southeast, Midwest and Utah. “2019 marked our golden anniversary, where we celebrated 50 years of serving high-quality seafood at affordable prices,” says Phil Greifeld, president and CEO of Captain D’s. “As I reflect on the last decade that I’ve been with Captain D’s, I’m so proud of the …
Baltimore, Md. — Vulcan, a leading provider of commercial cooking equipment, and parent company ITW Food Equipment Group (ITW FEG) have named Chris Stern as its new vice president and general manager of cooking, North America, effective February 10. Mihyar Mohamed, who formerly held the position, will be transitioning to a leadership role in ITW’s Construction Products Segment. During his 23 years at Vulcan/ITW, Stern has consistently delivered strong results and developed and led high performing, collaborative teams. Stern began his career with Vulcan in marketing and was promoted through …
Oklahoma City — Customers visiting Love’s Travel Stops & Country Stores will be getting back on the road quicker thanks to the latest checkout technology available today. Ingenico Group’s Lane/8000 smart terminals are being installed at Love’s across the country. Love’s is the first travel stop network with the new technology. When the solution is combined with Love’s credit-processing software, the transaction time is cut in half. Other features include an extra-large multimedia touchscreen for an improved experience, increased security technology and additional ways to pay including contactless and with …
Downers Grove, Ill. — Sevan Multi-Site Solutions, Inc., a global leader in innovative design, program management, construction services and data analytics, recently finished refreshing its 14,000th restaurant. The 14,000th restaurant is the McDonald’s in Big Bear, Calif. Sevan’s 14,000 restaurant projects include McDonald’s flagship stores in Chicago and New York, the Century Boulevard Carl’s Jr. store in Los Angeles and the Taco Bell flagship in Chicago. For 8 years, Sevan has provided solutions for the world’s largest brands while accelerating development programs across the United States and Canada for multi-site …
Vienna, Va. — The Ratner Cos., the parent company of salon concepts such as Hair Cuttery, Bubbles and Salon Cielo, plans to trim its 844-store portfolio by 10%. The company plans to maintain a presence in all existing markets as it looks to shift resources to its best-performing salons. Ratner Cos. cites “intense competition and rising operating costs,” as well as shifting consumer shopping methods, as the basis for its decision. The firm has engaged in discussions with landlords to renegotiate terms or exit some of its leases. In addition …
Redwood City, Calif. — Presto, the restaurant industry’s leading end-to-end technology platform, has been selected by Brinker International, Inc. as the exclusive provider of its next generation guest-facing pay-at-table solutions. The Presto pay-at-table systems are scheduled to be deployed across most of Chili’s® Grill & Bar 1,250 restaurants in the United States over the course of Brinker’s fiscal year. This new partnership will enable Chili’s to provide a convenient pay-at-table experience for its guests. The new devices are being deployed to increase Chili’s guest satisfaction, improve productivity and ultimately drive …
— By Scott Benson — No longer an afterthought, food and beverage is taking up more space in the retail landscape than ever before. The ways in which consumers choose to spend their time and money are changing and so must the industries that serve them, and the food and beverage industry is no exception. Food and beverage is flourishing in a time when many traditional retailers seem to be treading water. People are dining out more than ever — the average American household spends approximately $3,365 per year …