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Breaking Retail Real Estate News
  • Finish Line poised to close more stores after disappointing Q4
    (retaildive.com - 3/27/2017)
  • In a conference call with analysts, CEO Sam Sato said Finish Line shuttered 24 underperforming stores in fiscal 2017, bringing the total number of closures to 78 over the last 24 months, and that the company has identified and plans to close another 15 to 20 locations this year...   (full story)

  • Pie Five Shutters Restaurants in 3 Markets
    (qsr - 3/24/2017)
  • Pie Five Pizza, which reported same-store sales declines of 17.4 percent in Q2, shuttered all of its Chicago, Minneapolis, and Denver locations   (full story)

  • GameStop to close 150 to 225 stores after weaker holiday quarter
    (dallasnews.com - 3/24/2017)
  • GameStop plans to continue building its nongaming businesses and said it will close 2-to-3 percent of its namesake stores this year...   (full story)

  • Velocity Wings Continues Expansion in Virginia
    (foodnewsfeed.com - 3/24/2017)
  • Speros has a goal of continuing to spread the Velocity Wings brand throughout the Northern Virginia suburbs, with planned expansion into Ashburn, Haymarket and Lovettsville. Velocity Wings has existing corporate locations in Purcellville, South Riding and Bristow.   (full story)

  • Starbucks to create 240K jobs
    (fastcasual.com - 3/23/2017)
  • Schultz told the 3,300 attendees that the chain is on target to create more than 240,000 jobs globally 68,000 in the U.S. by opening 12,000 stores globally and 3,400 new stores in the U.S. by 2021.   (full story)

  • The Carving Board kicks off franchising initiative
    (fastcasual.com - 3/23/2017)
  • Adir and his brother Yoav began franchising in late 2016 after opening four corporate locations and anticipate 10 locations in 2017 ...   (full story)

  • Checkers sold for $525M to new private-equity buyer
    (nrn.com - 3/23/2017)
  • Oak Hill Capital Partners has agreed to buy Checkers Drive-In Restaurants Inc., from Sentinel Capital Partners in a deal valued at $525 million, the companies said on ...   (full story)

  • Sandwich Restaurant Chain Expands Into Convenience Stores
    (cspdailynews.com - 3/23/2017)
  • San Francisco Style Sourdough Eatery, an emerging limited-service sandwich franchise, is targeting convenience stores on its path to nationwide expansion. The Idaho-based chain plans to launch up to 100 locations across the country over the next five years.   (full story)

  • Corelife Eatery Continues Rapid Expansion As It Cements Another New Area Development Partner
    (franchising.com - 3/23/2017)
  • CoreLife Eatery has announced its third major brand partner in the past several weeks. In an agreement with CoreLife Eatery, restaurant veteran Melissa Rohwer will open ten new CoreLife Eatery restaurants in Indiana over the next four years - seven locations in ...   (full story)

  • Culver's restaurant to make Triangle debut
    (bizjournals.com - 3/23/2017)
  • A Wisconsin native now living in Wake Forest is planning to bring a little slice of his old home to his new hometown with the planned opening of the Triangle's first Culver's restaurant.   (full story)






     

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