Thursday, February 16, 2012

Industry News: New England

The Planning Board of Seabrook (NH) recently approved the expansion and renovation of South Gate Plaza on Route 1, currently home to Market Basket, TJ Maxx, Sal's Pizza and Radio Shack. Plans call for a 35,000 s/f expansion of the 128,000 s/f center, adding six or more new stores anchored by an expanded Market Basket with a cafĂ©…f.y.e. (for your entertainment) closed its Downtown Crossing (Boston) store, another retail loss for the shopping district. The Washington Street store operated as Strawberries before a brand conversion by Trans World Entertainment…Burger chain b.good will launch its first franchising program in February. The chain plans 3 to 4 new company-owned stores in 2012 and franchise agreements for another 3-4 stores. b.good has eight units across metro-Boston, most recently opening in Burlington, MA…The Arcade in Providence, RI will reopen in the fall with a mix of retail and lofts that will retain much of the 1828 building's historic character. 14 new shops and restaurants will open on the first floor. The restaurants will have separate entrances so they can remain open past the retail floor's 9 p.m. closing. 48 microlofts will be built on the second and third floors to cater to young professionals. The work will be completed by summer…Panera Bread will take about 4,400 s/f of space at City Place in the State Transportation Building on Stuart Street (Boston). A restaurant is planned for Harvard Square as the company continues its expansion in Massachusetts. Panera has 64 shops in the Bay State…Rugged Bear children’s clothing brand will be resurrected this July. TRB Acquisitions, which bought the brand rights after the Norwood (MA)-based retailer filed for bankruptcy and liquidated its 30 stores, is planning a relaunch through national retailers, including Lord & Taylor, Peebles and Von Maur...Cupcake chain Crumbs Bake Shop, will open its first Boston store in the spring at 176 Federal St. Crumbs went public last year with a plan to grow to 200 locations through 2014. The firm had 43 locations as of November 2011...Notices at 2 locations  of The Picadilly Pub restaurants in Marlborough and Westborough say the restaurants are "temporarily" closed. According to the notices, a re-opening date has not been set.

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