Showing: 1 - 5 of 5 RESULTS

Bed Bath & Beyond To Sell Christmas Tree Shops, Linen Holdings And Florence Distribution Center

(RTTNews) – Bed Bath & Beyond Inc. (BBBY) Tuesday said it has entered into separate agreements to sell its Christmas Tree Shops retail banner, its institutional Linen Holdings business, and a distribution center located in Florence, New Jersey.

The company expects to generate a total of about $250 million in aggregate from the monetization of these assets as it continues to optimize its portfolio, potentially including the sale of additional non-core assets, to further increase its financial strength and enhance shareholder value.

CEO Mark Tritton said, “Today’s announcement builds on the purposeful steps we have made throughout the year to simplify our portfolio, unlock capital and create clear strategic focus to accelerate our plans to build our authority in the Home, Baby, Beauty and Wellness markets.”

Bed Bath & Beyond will sell Christmas Tree Shops to Handil Holdings, LLC. The purchase agreement includes all 80 brick-and-mortar Christmas Tree Shop locations

Read More

American brasserie Kitchen plans November opening at Alton Town Center

A November debut is planned for the American brasserie, which is owned by Tiger Woods’ former personal chef Matthew Byrne and his wife, Aliza.

Jodie Wagner
| Palm Beach Post

PALM BEACH GARDENS — Seven years after opening their popular American brasserie Kitchen in West Palm Beach, Chef Matthew Byrne and his wife, Aliza, are preparing to debut the sequel. 

The West Palm Beach residents will unveil their second Kitchen restaurant early next month at Alton Town Center in Palm Beach Gardens.

The eatery, which will seat 150 with ample outdoor space and a private room, joins a growing list of new restaurants at the 360,203-square-foot retail complex on Donald Ross Road.

More: Gardens McDonald’s reopens dining room after $450,000 contemporary renovation

More: Miller’s Ale House to open next year at Alton Town Center in Gardens

The location was a perfect one for the Byrnes, who were eager to expand

Read More

Nvidia Promises The Pervasiveness Of AI And A New Data Center Architecture

Just after coming off two major industry announcements – the introduction of the highest performing consumer graphic cards and the proposed acquisition of Arm – Nvidia launched its largest virtual Graphics Technology Conference (GTC) on October 5, 2020. Unlike the spring 2020 GTC, which was changed to a virtual conference at the last moment due to COVID-19, this one resembled a more traditional GTC with the kickoff by CEO Jenson Huang revealing a flurry of product and technology announcements. Dressed in his trademark leather jacket and standing in the middle of his kitchen (again), Mr. Huang provided a glimpse into Nvidia’s new solutions for the data center, edge AI, healthcare, and a new suite of collaborative tools.

There were two key areas of focus for this GTC – the growing pervasiveness of AI and a proposed change

Read More

I Completely Transformed My Media Center Using The Container Store’s Elfa Shelving

When my husband and I bought our Craftsman house, we knew we’d have to get comfortable with all the rich, brown woodwork, which is deliciously historic…and also quite heavy and dark. Short of covering everything in a few coats of white paint (which, trust, I tried to pitch to old husbo), we knew we had to find ways to brighten up the space while also playing to the home’s old, quirky charms.

The living room and dining room were easy, thanks to ample light and bright furniture, but the toughest space by far was the middle “parlor,” which we use as a TV and media room. Without any windows, it’s short on light and it didn’t help that most of our furniture was made from brown particle board.

I wanted a sleek, modular design that paid homage to the midcentury furniture we have throughout the house. My first thought was

Read More

CRB USA Designs New Research and Gene Therapy Center for Amicus Therapeutics

Glass doors and floor-to-ceiling windows stream natural light into the new Amicus Center, creating a positive energy in the space. Photography courtesy of CRB USA. 

In addition to the classic “Philly” moniker and being known as the city of brotherly love, “Cellicon Valley” is emerging as a popular nickname for Philadelphia, Pennsylvania, with many new genetic research firms establishing labs within the metropolis. Amicus Therapeutics, a biotechnology company that specializes in researching medications for rare metabolic diseases, recently opened their Global Research and Gene Therapy Center of Excellence in West Philadelphia’s University City neighborhood. Located near distinguished universities and hospitals, Amicus recruited CRB USA, an architecture, engineering, and construction firm dedicated to creating advanced science and technology facilities, to design a state-of-the-art office and laboratory. 

Informal quiet zones are set up throughout the office to facilitate collaboration. Photography courtesy of CRB USA. 

Encompassing a total of 75,000 square feet,

Read More