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Breaking Retail Real Estate News
  • Tractor Supply Company Announces Grand Opening of 1,500th Store
    (money.cnn.com - 2/9/2016)
  • Tractor Supply Company, the largest rural lifestyle retail store chain in the United States, today announced the opening of its 1,500th store in Odessa, Texas. Tractor Supply opened a total of 114 stores in 2015 and expects to open between 115 and 120 new stores in 2016.   (full story)

  • Bankrupt Chain Auctions Off 21 C-Stores
    (cspnet.com - 2/9/2016)
  • Gas-Mart USA Inc. continued the selloff of its convenience-store business with 21 locations auctioned off this month. GPM Investments LLC signed an agreement Feb. 8 to acquire 21 convenience stores in Illinois, Iowa and Nebraska from Gas-Mart USA and its affiliates.   (full story)

  • Stein Mart set to open
    (madison.com - 2/8/2016)
  • Stein Mart, a boutique-style men’s and women’s department store chain based in Jacksonville, Florida, will open its Madison store on March 10. Stein Mart operates 278 U.S. stores and is in a growth mode. In the fall of 2015, the Florida-based retailer added nine locations and has plans for 12 more stores this year. Five of those stores will open ...   (full story)

  • Former retail stores being converted to storage businesses
    (newsobserver.com - 2/7/2016)
  • Another former big box retail store in Davenport has been converted into a self-service storage center. The Quad-City Times reports that converting existing retail buildings into storage centers is becoming increasingly popular nationwide. One of the latest examples is ...   (full story)

  • Why The Habit Restaurants, Inc. Stock Dropped 11% Last Month
    (fool.com - 2/6/2016)
  • What: Shares of The Habit Restaurants continued to slide last month as the company reported a middling preliminary earnings report and the backlash against highly valued fast-casual restaurant stocks continued ... but Habit is opening new stores at an impressive clip. The company plans to grow its store base by more than 20% next year, adding 30 to 32 locations, which could help it overcome analysts' modest expectations.   (full story)

  • Sports Authority is preparing for bankruptcy
    (retaildive.com - 2/5/2016)
  • Sports Authority was once the dominant national sporting goods retailer in the U.S. but is now being overshadowed by Dick’s Sporting Goods and challenged by more specialized retailers like Lululemon Athletica and even ...   (full story)

  • Murphy USA Entering Three New States in 2016
    (csnews.com - 2/5/2016)
  • Murphy USA Inc. is “extremely confident” in its independent growth plan and “very well prepared to take this plan” forward, President and CEO Andrew Clyde stated Thursday during the company’s 2015 fourth-quarter earnings call ... This plan, according to Clyde, includes opening 60 to 80 new stores this year, including entering three new states ...   (full story)

  • TCF Bank trims 33 more retail branches in Chicago area
    (startribune.com - 2/5/2016)
  • Two years after TCF Bank shuttered 37 branches in suburban Chicago grocery stores, the bank is downsizing again. Wayzata-based TCF announced this week that it will be closing another 33 retail branches inside Jewel-Osco grocery stores and replacing the locations with ...   (full story)

  • For American Apparel, now out of bankruptcy, it's 'the start of a new day'
    (latimes.com - 2/5/2016)
  • American Apparel emerged from bankruptcy Friday, canceling shares of its publicly traded stock and becoming a private company. The Los Angeles clothing retailer and manufacturer is now owned by its former creditors under the name American Apparel LLC ... The company, which had more than 250 shops at its height, has pared down its store count but has said it plans to open new ones ...   (full story)

  • D’Agostino Faces Up to Three Store Closings in Manhattan
    (commercialobserver.com - 2/5/2016)
  • D’Agostino Supermarket, the family-owned chain, has told state regulators that it may close up to three store locations, affecting dozens of full and part-time jobs, amid fierce competition in the local grocery business, the Commercial Observer has learned ... Mr. James said the grocery chain, originally launched in 1932, has always managed to avoid cutting workers before, and is negotiating with the union to ...   (full story)






     

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