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Today in the news

ALDI renovating stores, seeking locations in St. Louis
posted on Feb 13 18

ALDI is renovating its stores in the St. Louis market and is also seeking expansion locations nearby. Officials in at least two St. Louis suburbs say ALDI has taken an interest in development sites in their areas. Read the St. Louis Post-Dispatch story here

Posted by: Mike Pallerino
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Macy’s debuts pop-up marketplace concept
posted on Feb 13 18

Macy’s has created a new in-store pop-up concept called The Market @ Macy’s, to offer brands temporary space on the ground floor to showcase their products. Macy’s employees staff the shops for the brands, which pay a one-time fee and can stay for as little as a month. Read the CNBC story here

Posted by: Mike Pallerino
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Fast-casual funders back falafel concept’s growth plan
posted on Feb 13 18

New York-based fast-casual falafel concept Taim is mapping an ambitious expansion plan after taking it slow since its 2005 launch. With the backing of former Chipotle Mexican Grill executives and investors, the concept will add three new units this year. Read the Nation’s Restaurant News story here

Posted by: Mike Pallerino
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NRF: 2018 retail sales set to rise up to 4.4%
posted on Feb 13 18

U.S. retail sales are on track to grow between 3.8% and 4.4% this year, as consumers’ wages grow and unemployment remains low, according to an NRF report. Read the CNBC story here

Posted by: Mike Pallerino
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Pork & Mindy’s maps a nontraditional growth plan
posted on Feb 12 18

Pork & Mindy’s, a Chicago fast-casual concept co-created three years ago by “Food Network Star” winner Jeff Mauro, has grown to four locations. Now, the company aims to grow with a plan that includes company-owned eateries, food hall counters and licensed locations. Read the QSR online story here

Posted by: Mike Pallerino
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