The January 2018 Summit location and date will be announced in the CCR March/April 2017 issue.
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Hy-Vee is looking to test a new concept in Iowa that combines a large-format convenience store and a small-format grocer. The two proposed Hy-Vee Fast & Fresh stores would include a selection of groceries and fresh prepared foods, a Hy-Vee Market Grille Express, a coffee shop and fuel stations. Read The Des Moines Register story here
Fast-fashion retailer Hennes & Mauritz has cut plans for new store openings twice this year and will instead focus more on e-commerce as consumers switch to online shopping. Sweden-based H&M will also invest more in new brands like recently launched Arket and developing markets, including Vietnam and Iceland. Read the Bloomberg Businessweek story here
Twenty Four Seven Hotels has 26 properties and eight under development. The company is looking for opportunities in the Los Angeles market as well as in western states such as Oregon, Washington and Colorado. Read the Hotel Business story here