Friday, June 17, 2011

Industry News: New England

Modell's in South Attleboro Square, has closed. No information was available on the company website. The location has been removed from its list of stores. The company has about 130 locations in the Northeast...Starbucks has opened its newest store, a two-story 3,000 s/f shop at 1380 Massachusetts Ave. The Seattle coffee chain has nearly 17,000 shops worldwide...Panera’s has opened at 450 Boylston St., the company’s 5th downtown shop and the 39th in MA. Five more Panera cafes are in the pipeline for 2011. Panera has nearly 1,500 shops in the US and Canada...Target is set to open in July at RK Swansea Place on Route 6 in Swansea, MA. The location is part of a new store prototype for Target with redesigned beauty, shoe, electronics, jewelry and home departments... Famous Footwear will also open a store in the complex. Marshall’s and Radio Shack will move from other Swansea locations to RK Swansea Place. The plaza will have 200,000 s/f of retail space...Monkey Sports purchased 921 Providence Highway in Norwood, a 9.9 acre site improved with 2 new buildings. Monkey Sports will occupy 25,000 s/f, the largest Monkey Sports store to date, with an anticipated fall opening...Discount grocer ALDI is building its newest store on Route 117 in Leominster, next to Wal-Mart. The Leominster store, the sixth in Massachusetts, will open this fall...A Tuscan farmhouse-themed Olive Garden opened this month on Route 114 in Danvers, MA, the first in the area with the new design, based on Olive Garden's Riserva di Fizzano restaurant in Tuscany...Wegmans has filed for permits to locate at Northwest Park in Burlington, MA.  Wegman’s hopes to open its 140,000 s/f location in late Spring 2013, part of the Phase I redevelopment of Northwest Park. Wegman’s is currently building its first Massachusetts location in Northborough. It has 79 US locations...Applebee’s parent DineEquity Inc. of Glendale, Calif., has reached a deal to sell 66 company-owned Applebee’s restaurants in the Northeast to Applebee’s franchisee Apple American Group LLC, including locations throughou tNew England and New York...Market Basket will open a new store at Westgate Mall next spring. The 80,000 s/f store will go in the 92,000 s/f addition on the south side of the mall. Market Basket has 65 locations in Massachusetts and New Hampshire... Borders is closing its Downtown Crossing location, Borders, which filed for Chapter 11 bankruptcy reorganization in February, has already shuttered eight other stores in Massachusetts, including its high profile Boylston Street store in Boston...Saladworks has announced an agreement with a multi-unit developer to open three stores in the next three years in Boston, MA. Saladworks operates 100 locations in 12 states, including one in Cambridge, MA.

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