IKEA has dropped plans to open new stores in North Carolina, Arizona and Nashville as the Sweden-based furniture retailer shifts more of its resources to expanding e-commerce. Read the USA Today story here via Blogger IKEA rethinks US store expansion
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Newmark Group aims to expand its retail services platform with the acquisition of RKF Retail Holdings. RKF specializes in retail leasing, consulting and investment services to both U.S. and international tenants and property owners. Read the CoStar Group story here via Blogger Newmark Group to acquire RKF Retail Holdings Sears will close another 72 stores this year, representing about 8% of its remaining 899 locations. The retailer, which booked first-quarter same-store sales declines of 13.4% and 9.5% at Sears and Kmart respectively, has shuttered about 530 stores in the past 12 months. Read the USA Today story here via Blogger Sears to shutter 72 more stores in 2018 The retractable roof on the Mercedes-Benz Stadium in Atlanta is nearing completion, though a few problems had to be managed with the camera shutter-like roof. Construction will focus on completing the roof’s automation mechanics. Read the Curbed/Atlanta story here via Blogger Mercedes-Benz Stadium in Atlanta nearing completion Spice Private Equity, the new parent of Bravo Cucina Italiana and Brio Tuscan Grill, has created a new company dubbed FoodFirst Global Restaurants to revamp the restaurant chains and develop new concepts. Former Olive Garden executive Brad Blum has been named to head FoodFirst. Read The Columbus Dispatch story here via Blogger FoodFirst Global to revamp Brio, Bravo Cucina chains Some industries invest 3.5% to 4.5% in technology, but construction firms only invest about 1%. Collaboration, a reduced dependence on paper and prefabrication can help increase the use of technology in the sector. Read the BOSS Magazine online story here via Blogger 3 ways the construction industry can increase technology use A Coresight Research report states that numerous forces are working to shift American malls, including aging millennials, nontraditional channel growth, online apparel sales and department store consolidation. The report notes that the retail footprint will drop by one-fifth by 2023, with apparel sales remaining flat. Read the Retail Dive story here via Blogger Report: Numerous forces are reshaping retail centers Ennismore, owner of Hoxton hotels and Gleneagles resort, will reportedly receive $1 billion from the founder’s father-in-law to pursue growth plans. Hoxton plans to grow in the United States and Europe through buying and converting hotels. Read the Bloomberg story here via Blogger Hoxton in line for $1B investment to support growth plan Havwoods International, the innovative UK-based hardwood flooring supplier, provides newfound life to forgotten, discarded with the Henley collection. Earlier this year, Havwoods International expanded the Henley collection with the addition of Coalburn, which presents a rustic, yet elegant, gray hue. These engineered planks, milled to twenty-first century production tolerances, offer an easy installation process and can be used for floors, walls, ceilings, doors, furniture, and even lighting! More info at www.havwoods.com. via Blogger Havwoods International Henley collection Keeping pace with customer needs, Calculated Industries (CI) has released its latest enhanced feature for a number of its calculator Apps. The new Advanced Tape feature is now available on five of the company’s Apps including the award-winning Construction Master Pro (CMP). The Advanced Tape function provides a number of features that make the Apps more useful. It enables you to display, review, save and email inputs, descriptions and calculated values for many of the functions on the Apps. It records your inputs and outputs for saving as a file to archive or to send as an attached PDF in an email. It is available for the Construction Master Pro, Construction Master 5, Pipe Trades Pro, Qualifier Plus IIIx and the Measure Master Pro. “Advanced Tape helps you work smarter by keeping track of measurements, cut lists, and other figures while you are at a jobsite, in the shop or just out of the office,” said Steve Kennedy, President of Calculated Industries. “Plus, being able to email files to estimators, sub-contractors and others makes construction and manufacturing work more efficient.” When the Advanced Tape feature is available for a function in the App, a tape icon appears in the display, tap to open the Advanced Tape. It is just as easy to access Advanced Tape archives by opening the Tape function at any time. Using the Advanced Tape feature on a mobile device enables users to do advanced calculations, save the detailed results to a file, and then email the file to the office, a client and others to keep a job moving forward. One example of how this works is in the calculation of a stair case on the CMP. Simply input the floor-to-floor rise and any horizontal constraints of where the stairs are needed and let the CMP figure out the rest. The App provides you with the output of the riser height, how many risers you have, tread width, number of treads, stairwell opening, the stringer length and stair angle of incline. Calculated Industries’ Apps are available through the App Store, Google Play and the Windows Phone Store. Existing users of CI’s Apps can update their app to receive this new feature for free. Available for iOS and Android operating systems. Calculated Industries is one of the country’s leading manufacturers of specialty calculators, apps, digital measuring tools, and precision hand tools for industry and personal use. CI has developed tools for tasks ranging from construction, architecture, real estate and lending to cooking and quilting. CI products are designed and tech-supported in Carson City, Nevada. More info at www.calculated.com. via Blogger Calculated Industries New Feature on Calculator Apps |
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