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INDUSTRY NEWS

INDUSTRY NEWS

AroundtheIndustry Retail Dollar General Traditionally a staple of rural communities, Dollar General is moving into urban infill locations with stores called DGX, which are half of its normal 9,000 square feet. Dollar General plans to open another 13,000 U.S. stores.

FAO Schwarz FAO Schwarz is making a come back with new locations at New York’s LaGuardia Airport, and in Canada. Also included is a 20,000-squarefoot flagship store at 30 Rockefeller Center in midtown Manhattan. The retailer also started selling inside Kohl’s.

Toys R Us/Kroger Before exploring options for opening branded brick-and-mortar stores, the new owners of Toys R Us plan to team with Kroger to launch in-store pop-ups called Geoffrey’s Toy Box at about 600 Kroger locations.

L.L. Bean L.L. Bean plans to open 20 planned branded stores in Canada next year.

Bon-Ton CSC Generation Holdings, which bought the intellectual property of Bon-Ton and brought several of its banners back as online stores, is mapping a brick-and-mortar strategy. The company aims to create smaller stores in different formats, with plans to open 100 or more locations nationwide in the coming years. Walgreens Walgreens Boots Alliance will team with Laboratory Corp. of America to add medical testing locations inside 600 or more Walgreens stores. Natural Grocers Natural Grocers by Vitamin Cottage is introducing its own store brand of the same name, which will launch about 50 products across 15 categories.

Walmart Walmart India plans to grow the banner to 70 locations by 2022 through an investment of $500 million. The company will also offer e-commerce services at the stores and expand the number of fulfillment centers it operates. Amazon Amazon has selected the Park Meadows mall in the Denver suburb of Lone Tree, Colorado for its second Amazon 4-star location. The store features products that are top sellers on Amazon or have four-star reviews or higher on the site. IKEA IKEA has signed a franchisee to open its first stores in South America, as part of its plan to grow to about 12 new markets. In addition to traditional IKEA stores, the company will expand online and add new, smaller store formats to reach 3 billion global consumers by 2025.

Restaurants Denny’s Denny’s will refranchise about 100 restaurants over the next year and a half as part of a plan to go from 90 percent to up to 97 percent franchised. Around 70 percent of the family restaurant chain’s franchised and company-owned eateries now offer delivery. The Hampton Social Chicago’s Parker Restaurant Group plans to expand The Hampton Social, a concept aimed at appealing to women, from five to 21 locations in the next few years. The expansion will take the concept, which is designed to attract social media users, outside of Illinois. Tim Hortons Restaurant Brands continues to make progress on its Welcome Image redesign with around 100 renovations completed. Pupatella Virginia-based pizza concept Pupatella plans to expand in the Washington, D.C., market. The concept launched in 2007 as a food truck and has since opened two brick-and-mortar units. It plans to open eight more in the next three years. VeganBurg VeganBurg, a San Francisco-based vegan fast-casual concept, plans to open 300 franchise locations in California.

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Shake Shack Shake Shack opened seven restaurants in Alabama, Denver, Nashville and New York during the third quarter, and will launch six more locations before the end of the year. Melting Pot Melting Pot has unveiled a revamped version of its restaurants that caters to fans who want to use the eateries as more than a special occasion destination. The new version is open for lunch and weekend brunch, with an expanded bar. Burger King Burger King parent Restaurant Brands International will continue to invest in remodeling restaurants in its push to boost sales growth. About 100 units have been remodeled with the Burger King of Tomorrow concept, which feature more efficient drive-thrus, digital menu boards and ordering kiosks. Pie Five Rave Restaurant Group has created a streamlined prototype for its Pie Five pizza brand, with a limited menu and a focus on delivery and takeout. Del Frisco’s With its first California location in tow, the Texas-based Del Frisco’s upscale Double Eagle Steakhouse concept has its sights set on San Diego and Los Angeles.

COMMERCIAL CONSTRUCTION & RENOVATION — NOVEMBER : DECEMBER 2018

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