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Today in the news

Modular construction speeds up hotel builds
posted on Jan 16 19

Modular construction is helping hotel developers speed up projects. The dual-branded Courtyard by Marriott/TownePlace Suites Los Angeles/LAX is an example. Read the Hotel News Now story here

Posted by: Mike Pallerino
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J. Crew to turn old jeans into building materials
posted on Jan 16 19

J. Crew has teamed with Habitat for Humanity on a buyback program that turns old denim apparel into housing insulation. Customers can return any brand of jeans to J. Crew and they’ll receive a $20 credit toward a new pair of jeans. Read the Glossy story here

Posted by: Mike Pallerino
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Toys R Us Asia sees room for 60 new stores
posted on Jan 16 19

Toys R Us Asia will open 60 new stores this year, mostly in mainland China, after separating from its US parent company late last year. The company, backed by Fung Retailing Group, has more than 550 stores in 10 markets in Asia. Read the South China Morning Post story here

Posted by: Mike Pallerino
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Hotel in progress caps San Diego Imperial Beach project
posted on Jan 16 19

Sudberry Properties and Tharaldson Development and Hospitality have started construction of a 100-room Hampton Inn & Suites by Hilton at the new Breakwater Town Center on Palm Avenue. Read the Times of San Diego story here

Posted by: Mike Pallerino
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Stop & Shop buying King Kullen supermarkets
posted on Jan 15 19

Stop & Shop will acquire the King Kullen grocery chain, boosting its presence on New York’s Long Island. The deal involves 32 King Kullen locations plus five Wild by Nature organic supermarkets, though no decisions have been made regarding store closures or banner changes. Read the WNBC-TV story here

Posted by: Mike Pallerino
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