Thursday, June 25, 2015

New England Industry News

Uno Restaurant Holdings will open additional locations of Uno Dué Go, its quick-service version, over the next 3-5 years. The plan is to add a new UDG location or 2 every 12 to 18 months, starting with another location in Boston. Uno has 139 company-owned and franchised restaurants mostly in Massachusetts and the Northeast...7-Eleven, the Dallas-based company with nearly 10,500 stores in North America, has purchased local convenience chain Tedeschi Food Shops. Terms of the deal were not disclosed. Tedeschi operates 182 stores in Massachusetts and New Hampshire. 7-Eleven operates 164 locations in those states...Which Wich, a Dallas-based sandwich chain that opened a location in Somerville’s Assembly Row this year, has plans to bring up to 40 more restaurants to Greater Boston and the western suburbs. Which Wich has 352 stores, of which 349 are franchised. The chain will open a franchise in New Bedford by the end of the year, and is looking to open between 30 and 40 MA restaurants in the next 3-5 years. Which Wich is slated to open 100 US locations annually from 2016 to 2020...The parent company of Pizzeria Regina is filing for Chapter 11 bankruptcy, but the New England pizza chain will survive even though it will close a few locations. Boston Restaurant Associates Inc. entered bankruptcy proceedings in order to get out of several leases for restaurants in outlying malls with weak food court foot traffic. Four of the company's restaurants closed and will not reopen. Pizzeria Regina was founded in 1926 and has 17 locations throughout MA and CT...Hollywood Express in Porter Square, Cambridge will close its doors for good on June 30. Along with Video Underground in Jamaica Plain, it is one of the final independent video stores in Boston...Checkers Drive-In Restaurants Inc. is eyeing Boston for its first Massachusetts location and aims to open up to 50 drive-thru burger joints across the Commonwealth. Checkers plans to identify 3-5 franchise partners and open 5-10 restaurants in Greater Boston in 2016, with a goal of between 40 and 50 MA restaurants at a clip of 5-10 per year...Primark, a Dublin-based retailer of Irish fashion products, plans 3 stores in Massachusetts, including one in Burlington. Primark plans its first US store for Boston's Downtown Crossing in September. Primark will lease 73,000 S/F from Sears on the second level of the Burlington Mall. Occupancy will take place by year's end. It also has a deal to lease 71,000 s/f from Sears at the South Shore Mall in Braintree. Primark has 246 stores in 9 countries...Equity Office Properties filed a notification form with the Boston Redevelopment Authority to rebuild the courtyard at 500 Boylston Street in Boston's Back Bay into a six-story building with three floors each of retail and office space totaling 79,300 s/f. If approved, some 50,000 s/f of 500 Boylston's current office space would be converted into retail in addition to the proposed 47,600 s/f of retail to be built atop the courtyard. Ground could break on the project in early 2016 with an estimated 15-month completion date...McCormick & Schmick's has closed its Park Plaza Hotel location.

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