Starbucks ramping up expansion in China
New York — Starbucks Coffee Co. is planning to a major push into smaller cities in China, with a target of 1,500 stores in more than 70 Chinese cities by 2015, Bloomberg reported.
China will become the chain’s second largest market outside the United States, the report said. Currently, Starbucks has about 500 outlets in China and operates in 48 cities.
Freedom Crossing, first open-air center on military base, announces new tenants
El Paso, Texas — Freedom Crossing at Fort Bliss, the first-ever, open-air shopping center to be part of a United States military installation, announced that A’Gaci, O’shoes, and Texas Roadhouse will soon open at the retail destination. Comprised of more than 461,000 sq. ft. of gross leasable area, Freedom Crossing is one of the only shopping centers to be built in the United States in recent years, and the first opportunity for businesses to privately operate within an open-air center on a U.S. military installation
Other tenants include The Exchange, Commissary, Grand Theatre Fort Bliss 10, Under Armour, Buffalo Wild Wings, Smashburger, Shamrocks Irish Pub, The Sushi Place, and more.
Trader Joe’s to open three Houston-area stores in 2012
Houston — A report in the Houston Chronicle said that grocer Trader Joe’s is opening two additional Houston-area locations — one in the Memorial area and one in Montrose.
In November Trader Joe’s announced its first planned Houston area store in The Woodlands Crossing Shopping Center.
All three stores are slated to open this year. The Memorial-area store will be 14,000 sq. ft., the Montrose store will be 14,500 sq. ft. and the store at The Woodlands will be 13,500 sq. ft.
Earlier in March, Trader Joe’s announced plans for its first store in San Antonio. The grocer also plans to open stores in Dallas, Fort Worth and Plano.