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Breaking Retail Real Estate News
  • Sears Canada files for bankruptcy protection
    (nypost.com - 6/22/2017)
  • Sears Canada filed for bankruptcy protection on Thursday, saying 44 of its 200-plus store locations will shutter and nearly 3,000 employees will be laid off at the stores and at its Toronto headquarters.   (full story)

  • With More than 70 Locations Nationwide, Buffalo Wings & Rings Sets Sights on Huge Texas Expansion
    (restaurantnews.com - 6/21/2017)
  • “McAllen and Brownsville are completely sold out, but we are looking to grow still with another location in Corpus Christi and one more in Laredo,” said Chief Development Officer Philip Schram. “We can also add multiple units in Eagle Pass, San Antonio, Austin, and Houston.”   (full story)

  • Tire Discounters Announces Further Expansion
    (tirereview.com - 6/21/2017)
  • In addition to adding several new stores in its existing markets, Tire Discounters will enter the Huntsville, Ala. market later this year, making Alabama the sixth state in the company’s market.   (full story)

  • Sprint's retail expansion to continue with 78 new stores in Southern California this year
    (fiercewireless.com - 6/21/2017)
  • Sprint’s aggressive retail expansion will continue with the addition of 78 new locations throughout Southern California by the end of the year. The move will mark a significant initiative in the region for Sprint, which currently counts more than 1,400 employees and operates more than 300 branded stores in Southern California.   (full story)

  • L Catterton invests in Punch Bowl Social
    (nrn.com - 6/21/2017)
  • On Monday, the founder and CEO got some breathing room with a “significant investment” from the private-equity firm L Catterton. The deal should help nine-unit Punch Bowl Social fund further growth without complex financial maneuverings.   (full story)

  • Jamba deal with franchisee to nearly double Chicago units
    (nrn.com - 6/21/2017)
  • Jamba Juice franchisee SuSu Hospitality Group LLC has acquired 13 company-owned locations and signed a 10-unit development agreement, parent Jamba Inc.   (full story)

  • Captain D's Announces Opening of New Mount Sterling Restaurant
    (prnewswire.com - 6/21/2017)
  • Coupled with its ongoing menu innovation, Captain D's credits its new restaurant beach design with contributing to the brand's ongoing strong performance...nearly 60 percent of all restaurants have been reimaged...with another 50 locations to be remodeled by the end of this year...   (full story)

  • Retailer Dearden’s shuttered properties hit the market
    (therealdeal.com - 6/20/2017)
  • Three of furniture chain Dearden’s stores have hit the market, weeks after the company announced it would be shuttering its eight locations throughout Southern California...   (full story)

  • dd’s Discounts store opening on Saturday in Manteca
    (mantecabulletin.com - 6/20/2017)
  • The California-based retailer was launched in 2004 with 10 stores. They are marking the grand opening of seven new stores Saturday and list Manteca as their 200th location...   (full story)

  • Shoney's New Restaurant Prototype Opens in Nashville
    (foodnewsfeed.com - 6/20/2017)
  • Shoney’s, the iconic, all-American restaurant brand, reopened its restaurant in Nashville on Donelson Pike after it underwent an extensive interior and exterior remodel. The new restaurant design will serve as the prototype for all newly constructed and remodeled Shoney’s locations nationwide. The debut of this Shoney’s prototype reflects CEO and Chairman David Davoudpour’s commitment to reinvigorate and revitalize ...   (full story)






     

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