There has been lots of buzz around the first Shake Shack restaurant opening in Minnesota. The 2,800 sq. ft. restaurant will open at the Mall of America’s new North Food Court next summer. Their customers are historically very enthusiastic about their hamburgers, hot dogs, fries & shakes (which are simply great), and long waits in line are common at their locations. David Daly at CBRE is looking for an additional 4 to 6 locations here in the metro area.
Shake Shack opened in 2004 as a hot dog cart in Madison Square Park in Manhattan. They are now in 13 states in the U.S., as well as Tokyo, London, Istanbul, Moscow, Beirut, Dubai, Abu Dhabi, Dona Kuwait City and Jeddah. Started as a private company, Shake Shack went public in late 2014, with the initial share pricing of $21 immediately rising by 123% to $47 on their first day of trading.
Earlier this year Target was looking to expand its food selection and offer a wider range of more high-end options. Now it seems that Target would like to move into another aspect of the food business as well: grocery delivery. The proposed delivery service came up during the retailer’s vendor summit, where they also discussed how Target customers are interested in more natural and organic products than in the past.
According to the Minneapolis / St. Paul Business Journal, competitors such as Amazon and Walmart are already testing grocery delivery:
“Amazon and Walmart are also experimenting with food delivery in markets such as California and New York, and is partnering with Excelsior, Minn.-based Oppidan about building a drive-up grocery concept.”
Target’s chief marketing officer told vendors that the company plans to start testing delivery “in the very near future,” but hasn’t yet said where the test will take place.
For more information, read the full article from Consumerist.
As of July 29th, Kowalski’s opened its first new store in seven years. Located at Excelsior Marketplace, the new store is composed of 18,000 square feet. Even though that’s a little smaller than their typical store, it also has a few more amenities including a hot pasta bar, hot sandwich bar and expanded sushi program.
Along with Kowalski’s, Excelsior Marketplace is now home to a new restaurant known as Miyabi Japanese & Asian Bistro. Miyabi, open as of today, July 31st, is a new restaurant concept by Nick Chong, specializing in Asian fusion and Japanese steakhouse fare.
When asked about these latest additions, Peter Armbrust, leasing agent for Oppidan at Excelsior Marketplace stated that, “Kowalski’s filled a grocery void in Excelsior, and did so with an incredible store. They’re a great addition to Excelsior Marketplace and for the city of Excelsior. And, with the addition of Miyabi, it further solidifies Excelsior’s reputation as a growing, destination restaurant scene.”
For more details, please visit the Minneapolis / St. Paul Business Journal.
Total Wine & More has now gotten liquor licenses approved by Maple Grove and Chanhassen officials. The Chanhassen City Council voted 4 to 1 Monday, in favor of Total Wine and 3 to 1 last week by Maple Grove’s elected officials.
Total Wine has 117 stores in 16 states, four of which are in the Twin Cities, and another planned for Minnetonka.
To read the full article, visit the Minneapolis / St. Paul Business Journal.
At Home Group Inc. is moving into the vacant Kmart building near Burnsville Center. Their plan is to move into the 107,000-square-foot space in the winter of 2016-2017. At Home is a discount home goods store that sells furniture, decor, art, rugs and housewares. It has 90 stores in 25 states, but this will be its first in Minnesota.
Read the full article from the Minneapolis / St. Paul Business Journal here.
Macy’s is expanding same-day delivery to several new US markets this summer, beyond the current eight markets. By partnering with Deliv, which uses a fleet of contract drivers to pick up online orders from stores and malls, Macy’s has found a cost-effective way to expand. The plan may also include more additions later this year, which could end up putting them ahead of Amazon, who currently offers same-day delivery in 14 markets.
Even with Macy’s rushing to grow their same-day delivery markets, many other traditional retailers are not so quick to jump on the bandwagon. The high costs and the uncertainty from many customers are enough cause for hesitation. However, as Amazon continues to find ways to break into retail, brick and mortars may find themselves forced to adjust their strategies.
Read the full article from New York Post here.
Hemisphere Restaurant Partners, the owners of Mission American Kitchen & Bar, will unveil a new restaurant known as “District” in downtown Wayzata. The $1.5 million restaurant, consisting of about 5,000 square feet, will be part of The Promenade of Wayzata, and will hopefully be opening in mid-August.
The menu will feature American cuisine, with a focus on healthy foods that are “locally sourced from people with the strictest guidelines to provide fresh, organic, sustainable harvest.” District, open for breakfast, lunch and dinner, will offer a full bar, and seating for about 175, including patio space.
Apart from Mission American Kitchen & Bar, Hemisphere’s other restaurants in downtown Minneapolis are Good to Go and Atlas Grill. It is also known for its Tavern restaurants in Edina, Blaine and Woodbury.
For more information on the new restaurant, read the full article from Minneapolis / St. Paul Business Journal. You can also check out District’s website at www.districtfreshkitchen.com.