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Breaking Retail Real Estate News
  • America's 'No. 1 Mexican Restaurant' is Growing Again
    ( - 9/19/2017)
  • After a recession-induced pause in growth that lasted form 2007 till 2014, Abuelo’s is now growing at a rate of two to three stores a year. All locations are ...   (full story)

  • Buffalo Wild Wings' Plan: Smaller Stores, Delivery, Boneless, and More
    ( - 9/19/2017)
  • Buffalo Wild Wings delved deeper into some of the above subjects. One point was the small-format locations. The 2,000–2,500-square-foot units have an estimated average unit volume of $1–$1.5 million per store, which is a higher revenue-per-square-foot option than traditional units. The company sees runway for 200-plus of these locations.   (full story)

  • PWP Growth Equity invests in Luna Grill
    ( - 9/18/2017)
  • The investment should give Luna and its co-founders, Sean and Maria Pourteymour, the resources to expand the chain ... company said the deal is “specifically targeted to spur growth in existing and new geographies.”   (full story)

  • These Burgeoning Supermarkets Are a Mirror of Immigrant New York
    ( - 9/17/2017)
  • In a time when traditional supermarkets are on the wane, massive so-called ethnic stores like the Asian-focused H Mart and the eclectic Food Bazaar are on a tear, opening new branches around the city and the country (often in the vacant shells of defunct conventional grocery stores).   (full story)

  • What Investors Need to Know About Under Armour's Global Retail Footprint
    ( - 9/16/2017)
  • CEO Kevin Plank shared that the company will "end this year with 940 stores globally" in an interview at the Goldman Sachs Global Retailing Conference earlier this month. This count would certainly put the company in range of its 1,000 store goal for 2018   (full story)

  • Target, Best Buy and even Amazon among retailers who see new power in stores
    ( - 9/16/2017)
  • While Walmart and other competitors move resources toward online operations, Target plans to invest more than $3 billion over the next three years in its brick-and-mortar locations. It is remodeling one-third of them and opening new, smaller ones in the heart of cities such as New York, Chicago and Los Angeles.   (full story)

  • Bassett Furniture Announces Opening of New Store in Pittsburgh, PA
    ( - 9/16/2017)
  • “Pittsburgh will be a great addition to our continued nationwide store expansion after the opening of four new locations earlier this year,” said Robert H. Spilman Jr., Bassett Chairman & CEO.   (full story)

  • Burlington Stores makes it 3 in the Upstate
    ( - 9/15/2017)
  • The store that Burlington opened in Anderson on Sept. 15 is one of three new outlets in South Carolina, said Bill Wagner, a regional vice president who oversees operations in the Carolinas and Tennessee.   (full story)

  • Inside Tender Greens' Fresh New Rebrand
    ( - 9/15/2017)
  • Tender Greens, which has 24 locations in California and is prepping for national expansion, was the first outside business Meyer's Union Square Hospitality—founder of Shake Shack—group invested in.   (full story)

  • Lidl Is A Force To Reckon With As It Expands Rapidly In The U.S.
    ( - 9/15/2017)
  • Lidl opened its first U.S. stores on June 15. By the end of this month, 37 will have opened in five states on the Eastern seaboard.   (full story)


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