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Breaking Retail Real Estate News
  • Destination Maternity Reports Second Quarter And First Six Months Fiscal 2016 Results
    (finance.yahoo.com - 8/25/2016)
  • The Company updated its financial guidance for fiscal 2016 as follows: The Company plans to open 10 new stores and close 30 to 35 stores during the fiscal year.   (full story)

  • Great Clips' 4,000th hair salon opens in Flat Rock
    (thenewsherald.com - 8/25/2016)
  • Salon No. 4,000 for the company is nowhere near the end of their goals. “We open on average about 200 new locations every year,” Hockett said. “We hope to hit No. 5,000 within five years.”   (full story)

  • Ben's Soft Pretzels eyes expansion, looks to open 15 Milwaukee locations
    (bizjournals.com - 8/24/2016)
  • Ben's Soft Pretzels said Wednesday it plans to significantly grow its footprint in the Milwaukee region and bring 15 new eateries to the area by 2021. The company said its growth in Milwaukee is part of the firm's larger, national expansion efforts, which entails more than 20 stores in development for 2016   (full story)

  • Williams-Sonoma's second quarter profit slides
    (furnituretoday.com - 8/24/2016)
  • The company said it expects to net a total of eight new stores for the year, ending with 626 showrooms. The Williams-Sonoma and Pottery Barn Kids brands will close more stores than they open, while West Elm will see a net 11 new stores for a total of 98 at year end.   (full story)

  • Kirkland's Incurs Wider-than-Expected Loss in Q2
    (zacks.com - 8/24/2016)
  • Kirkland's opened 13 and closed four stores during the fiscal second quarter, thereby taking the total number of stores to 391 at the end of the quarter. The company intends to open 40 to 42 new store openings and intends to close 15 to 18 store in fiscal 2016.   (full story)

  • DSW Inc. announced it will open 21 stores nationwide
    (prnewswire.com - 8/23/2016)
  • DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce the opening of 21 new stores nationwide this fall. New store growth is an important and exciting piece of the DSW formula. It allows us to bring the brand to more communities and build relationships with new customers.   (full story)

  • La-Z-Boy Reports Fiscal 2017 First-Quarter Results
    (prnewswire.com - 8/23/2016)
  • "For fiscal 2017, we are planning for approximately 30 projects, including 12 net new stores, as well as remodels and relocations that include changing out old-format stores into the new concept design format, which is performing at the highest level of our three store formats.   (full story)

  • Couche-Tard Acquiring CST Brands in $4.4B Deal
    (csnews.com - 8/22/2016)
  • Alimentation Couche-Tard Inc. is acquiring CST Brands Inc. in a $4.4-billion deal. The merger agreement announced Monday morning brings an end to months of speculation about the future of locally based CST.   (full story)

  • Southern Season Sold at Auction
    (gourmetretailer.com - 8/22/2016)
  • After a startlingly quick roller coaster ride, Chapel Hill, N.C.-based Southern Season was sold at auction on Friday, Aug. 19, to Montchanin, Del.-based Calvert Retail LP. Calvert owns six Kitchen & Company stores (three in Delaware, and one each in North Carolina, South Carolina and New Hampshire) and two Reading China & Glass stores, both in Pennsylvania.   (full story)

  • Frank's Auto stores becomes part of O'Reilly Auto Parts
    (heraldstandard.com - 8/22/2016)
  • The five Frank’s Auto Supermarket stores have become part of a national chain that recently began expanding into Pennsylvania. Frank’s outlets in Uniontown, Washington, Greensburg and the outskirts of McKeesport and Indiana bring to seven the total number of O’Reilly stores in the state.   (full story)






     

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