Industry News

Orange Co. approves new hotels on I-Drive [Orlando Sentinel]
Starbucks is investing in high-end Italian bakery Princi, with plans to open Princi stores and to carry Princi foods in its Roastery showcases and a new line of Starbucks stores opening in 2017.. Princi, which currently has four locations in Milan and one in London, offers 24- hour service, from light breakfast to dinners, according to Starbucks, which announced the deal Wednesday."/>
Starbucks buys into Italian bakery firm, with eye on expansion [The Seattle Times]
Chinese auto firms to fast-track India plans [Mint, New Delhi]
General Motors Co. supplier's bankruptcy could shut down 19 North American assembly plants, but the company is fighting so it doesn't, according to the Wall Street Journal. GM is fighting to get equipment and inventory from family-owned Clark-Cutler- McDermott Co. of Massachusetts, a 115- year-old interiors supplier. The company filed for Chapter 11 bankruptcy Thursday."/>
Supplier default threatens GM plants [Vindicator, Youngstown, Ohio]
Starbucks this week launched its mobile payment system in China, marking another step forward in two areas the company sees huge growth potential: China and mobile technology. Customers can now pay for their Starbucks purchases at some 2,200 stores in China by using the Starbucks app on their phone, linked to a pre-loaded Starbucks gift card. "With the ongoing seismic shift in consumer behavior due to mobile technology, Starbucks is committed to exploring new ways to..."/>
Starbucks rolls out mobile pay app in China [The Seattle Times]
MGM Resorts International announced today that it has launched a mobile platform through which customers at nine of its Las Vegas resorts will be able to gamble with real money in tournament games. On the platform, called easyPLAY Mobile Tournaments, customers will be able to win cash and other prizes in regular tournaments of casino games such as slots, bingo and video poker, in addition to free-to-play games. The platform was developed by Las Vegas-based mobile gaming..."/>
Mobile casino tournaments launch at 9 MGM resorts [Las Vegas Sun]
ANNALY CAPITAL MANAGEMENT COMPLETES EXCHANGE OFFER FOR HATTERAS FINANCIAL SHARES US-based mortgage REIT Annaly Capital Management, Inc. has completed its exchange offer for all of the outstanding shares of common stock of Hatteras Financial Corp., the company said. In April, Annaly Capital Management and Hatteras Financial signed a definitive merger agreement under which Annaly..."/>
M and A Navigator: Deal pipeline 14 July
Mazda Motor Corporation has released an updated Mazda Axela sports compact, which goes on sale at dealers in Japan today. The updated model is now available with two clean diesel engines, as the SKYACTIV-D 1.5 joins the SKYACTIV-D 2.2 in the powertrain lineup. Mazda's new-generation lineup, which is designed to offer Jinba-ittai driving performance and an ideal driving position, got its start with the launch of the CX-5 in 2012. These products have..."/>
Mazda Releases Updated Axela
Mazda Motor Corporation has announced SKYACTIV-VEHICLE DYNAMICS, a series of new-generation vehicle motion control technologies. The first in the series, G-Vectoring Control, will be introduced to all new-generation models starting with the updated Mazda Axela, which goes on sale in Japan today. Part of the SKYACTIV series, SKYACTIV-VEHICLE DYNAMICS technologies provide integrated control of the engine, transmission, chassis and body to..."/>
Mazda Announces SKYACTIV-VEHICLE DYNAMICS Control Technologies
East Bay Times Michelle Quinn column [East Bay Times]
Urban Outfitters' second move into the neighborhood."/>
Anthropologie the 2nd major U.S. retailer to plan store in Fulton Market [Chicago Tribune]
Dick's Sporting Goods is an..."/>
Coffee with your deposit? Capital One to open 2 new cafes in Chicago [Chicago Tribune]
Red Lion Hotels Corp., in addition to the west Olympia hotel, will roll out Hotel RLs in Spokane, Salt Lake City, St. The west Olympia property, which was built in 1969 and became a Red Lion in 2003, is home to 193 rooms and..."/>
Renovations complete, former Red Lion Hotel in west Olympia emerges as Hotel RL [The Olympian (Olympia, Wash.)]

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