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Breaking Retail Real Estate News
  • Pop-Ups Are Popping Up in Malls
    (designretailonline.com - 10/17/2017)
  • “We needed to create a new product category to allow brands to come earlier on in their life cycle to physical retail.”   (full story)

  • Yesway Acquisition of Mad Max Falls Through
    (cstoredecisions.com - 10/17/2017)
  • The acquisition of nine Mad Max Convenience Stores by Yesway will not be completed, CSD has learned.   (full story)

  • Vail Resorts to buy The North Face and Columbia stores in Breckenridge
    (vaildaily.com - 10/17/2017)
  • Vail Resorts announced Monday it has agreed to buy three more stores in Breckenridge, adding The North Face, Columbia and Main Street Outlet to the ski giant’s existing lineup of Main Street retail...   (full story)

  • Camping World Holdings acquires Cooper’s RV Center, in the greater Pittsburgh market
    (seekingalpha.com - 10/17/2017)
  • Camping World Holdings continues its rapid expansion of RV dealerships with the planned acquisition of Cooper’s RV Center, in the greater Pittsburgh market...   (full story)

  • The Tile Shop Reports Third Quarter 2017 Results
    (markets.businessinsider.com - 10/17/2017)
  • The Company opened four new retail stores in the third quarter of 2017, consisting of its first two Houston area locations...   (full story)

  • Brooks Brothers To Celebrate 200th Anniversary At Pitti Uomo In January
    (mr-mag.com - 10/16/2017)
  • America’s oldest apparel brand Brooks Brothers will celebrate its milestone 200-year anniversary in 2018.   (full story)

  • Dick’s Sporting Goods plans three new Seattle-area stores
    (bizjournals.com - 10/16/2017)
  • Dick’s has been bucking a retail trend by betting on new brick-and-mortar stores in malls and shopping centers.   (full story)

  • The Uptown location is one of 12 new Target store openings this week
    (tcbmag.com - 10/16/2017)
  • The Uptown location is one of 12 new Target store openings this week: 11 small-format stores and a standard big box store opening in Honolulu...   (full story)

  • Houston-based health-focused restaurant chain plans $20M IPO
    (bizjournals.com - 10/16/2017)
  • Including international and military expansion plans, the company expects to add more than 35 new store locations throughout the U.S. and abroad by 2018...   (full story)

  • Roark Capital Group acquires minority share of Culver's
    (foodbusinessnews.net - 10/16/2017)
  • Roark Capital Group has acquired a minority interest in Culver Franchising System, Inc., a quick-service restaurant company with more than 600 units in 24 states. The Culver family will maintain a majority ownership.   (full story)

  • Why Natural Grocers champions food standards
    (supermarketnews.com - 10/16/2017)
  • Since 2004, the natural chain has gone from 19 stores to 140 locations in 19 states. Natural Grocers went public in 2012 to attract the capital necessary to expand rapidly, but it also allowed the company to stick closely to the core principles the Isley family instilled starting back in 1955.   (full story)

  • Nordstrom Suspends Buyout After Struggling to Get Financing
    (nreionline.com - 10/16/2017)
  • Nordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department-store industry has lost favor with both customers and investors.   (full story)

  • NRD Capital buys struggling Ruby Tuesday
    (nrn.com - 10/16/2017)
  • NRD Capital, an Atlanta-based private-equity firm, has agreed to buy long-struggling casual-dining chain Ruby Tuesday Inc. in a deal valued at $335 million, the companies ...   (full story)

  • Punch Bowl Social: The Next Big 'Eatertainment' Chain
    (foodnewsfeed.com - 10/16/2017)
  • “Would you like to play ping-pong after you finish your meal?” might be an apt question for a server to ask a customer at the fast-growing Denver-based restaurant chain Punch Bowl Social. It’s opening its 11th outlet by the end of 2017 and plans six more (in 2018).   (full story)

  • These are the businesses still immune to Amazon
    (qz.com - 10/15/2017)
  • Last month, Morgan Stanley Research surveyed investors at its “Amazon Disruption Symposium,” asking which consumer sectors the survey-takers thought would take the longest for Amazon to “materially disrupt.” The most popular choice was dollar stores.   (full story)

  • Halloween spending projected to set record at $9.1B
    (nypost.com - 10/14/2017)
  • Halloween 2016 saw ghosts and goblins of all ages plunk down a record $8.4 billion for the occasion, a figure that is projected to rise a further 8.3 percent this year, to $9.1 billion, a growth rate far in excess of both US gross domestic product and overall retail.   (full story)

  • Step Into Store 411 to See Pilot Flying J's Future
    (csnews.com - 10/14/2017)
  • Pilot Flying J kicked off 2017 with the announcement that it was going to invest nearly $500 million to renovate existing locations over the next five years. Dubbed the Facility Enhancement Plan, the company will reimage approximately 45 stores this year and 50 next year.   (full story)

  • 9 Ways the Best CRE Properties Operate Differently
    (cpexecutive.com - 10/14/2017)
  • Even when capital markets are at their frothiest, commercial property values are still linked to the underlying net operating income produced by occupancy and rental rates.   (full story)

  • Builders offer a new perk: a very short walk to the grocery
    (bostonglobe.com - 10/13/2017)
  • The apartment buildings popping up across Greater Boston lately have all sorts of attractions at street level. Fancy gyms. Coffee shops. Bars. And, increasingly, supermarkets.   (full story)

  • Trader Joe’s Rolls Out Three New Locations
    (designretailonline.com - 10/13/2017)
  • The company has rolled out a total of 14 new stores this year, rounding out its portfolio to 474 locations.   (full story)

  • What Is the True Number of Store Closings for 2017?
    (nreionline.com - 10/13/2017)
  • The similarities ended there. IHL included expanding brands such as Couche-Tard, O’Reilly Auto, Tractor Supply and Sally Beauty on its list, while Fung Global counted many more traditional mall and community center constituents, such as Five Below, Ross Stores and Sephora.   (full story)

  • U.S. retail sales surge, driven by autos and gasoline purchases
    (reuters.com - 10/13/2017)
  • Last month’s increase in retail sales was the largest since March 2015.   (full story)

  • Whole Foods to close Bellevue 365
    (https://www.produceretailer.com/article/news-article/whole-foods-close-bellevue-365 - 10/13/2017)
  • To date, it has opened concept stores Akron, Ohio, Santa Monica, Calif., and another is slated to open soon in Concord, Calif. The company reportedly plans to open 17 more in nine states...   (full story)

  • DICK'S Sporting Goods Announces Grand Opening of Five New Stores in Three States
    (markets.businessinsider.com - 10/13/2017)
  • DICK'S Sporting Goods, the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening five new DICK'S Sporting Goods stores during the remaining weeks of October...   (full story)

  • Bonobos to open its first Virginia store at Tysons Galleria
    (virginiabusiness.com - 10/13/2017)
  • Tysons Galleria location is the brand’s 45th store nationwide. While the company has other stores in the Washington, D.C., area, this will be its first in Virginia...   (full story)

  • New Franchise Group to Expand R Taco in New Mexico
    (qsrmagazine.com - 10/12/2017)
  • R Taco, a fast-casual street taco chain backed by Buffalo Wild Wings, announced the addition of a new franchise group who will look to bring the restaurant to New Mexico. JJ&D Enterprises signed an initial agreement to build four locations in Albuquerque and Las Cruces, New Mexico over ...   (full story)

  • Panda Express founders invest in Urbane Café
    (nrn.com - 10/12/2017)
  • The company plans to add two more locations this year, and has four locations planned for next year.   (full story)

  • Dollar General Hits a Gold Mine in Rural America
    (bloomberg.com - 10/12/2017)
  • The yellow dots represented the chain’s 12,483 existing stores. The 13,000 green dots were the “remaining opportunities”—some in low-income urban neighborhoods, but most in small and very small towns.   (full story)

  • Cracker Barrel: Serving Up Growth And Income
    (seekingalpha.com - 10/12/2017)
  • Cracker Barrel plans to open 30 new restaurants between FY 2018 and 2020, primarily in areas outside of their Southeastern base. The first California store will open in 2018...   (full story)

  • The power couple that turned a passion into a $230 million retail empire
    (cnbc.com - 10/12/2017)
  • The company purchased by Macy's in 2015 for $210 million has 150 stores, and another 10 are expected to open by year-end...   (full story)

  • Camping World Holdings Agrees to Acquire Uncle Dan’s Outfitters, a Specialty Retailer of Outdoor Gea
    (businesswire.com - 10/12/2017)
  • “The management team not only possess strong knowledge of the outdoor outfitter market but also has a keen eye for the development and invention of new product offerings.”   (full story)

  • Strip Malls: The Least Glamorous Segment In Retail Is Among The Sector's Strongest Performers Read
    (bisnow.com - 10/12/2017)
  • But experts agree that retail real estate’s fundamentals remain strong. Mall operators continue to adapt to the changing landscape, and high-traffic, urban metro markets remain the best-performing in the sector.   (full story)

  • The most popular shopping chain in each state
    (businessinsider.com - 10/12/2017)
  • The location intelligence company Foursquare put together a list of the most popular department stores, clothing stores, and big box store chains in each state across the US, based on its own visit data.   (full story)

  • Leading Private-Equity Firm Scoops Up Uncle Julio’s
    (foodnewsfeed.com - 10/12/2017)
  • Andrew C. Taub, a managing partner in L Catterton’s Buyout Fund, said in a statement that the company will help accelerate Uncle Julio’s expansion into new markets.   (full story)

  • New Cedar Rapids Dunkin' Donuts close to opening
    (thegazette.com - 10/12/2017)
  • Massachusetts-based Dunkin’ Donuts has a development agreement with Eastern Iowa Food Service for 12 stores in the Cedar Rapids-Iowa City area between 2012 and 2018...   (full story)

  • Fresh and New: The Big Salad Opens Second Metro Houston Location in Spring Community
    (restaurantnewsrelease.com - 10/12/2017)
  • The restaurant chain has plans to open 100 stores in strategically located metro areas across the country in the next 10 years...plans are underway to open as many as five locations in the Houston area...   (full story)

  • Fitlife Foods Announces Foray Into Franchising
    (qsrmagazine.com - 10/12/2017)
  • The company plans to build more than 15 new franchised store locations across Florida...   (full story)

  • Drybar highlights products, stylists with new concept shop
    (fierceretail.com - 10/12/2017)
  • Drybar unveiled a new styling and product concept shop in Bethesda, Maryland, this week...   (full story)

  • Online shopping hasn't killed brick-and-mortar retailers
    (abcnews.go.com - 10/12/2017)
  • Meanwhile, as physical stores become viewed as essential to compete, purely online enterprises will face new capital and management challenges that are old hat to bricks-and-mortar chains.   (full story)

  • Shoppers World CEO Sam Dushey Continues Brand’s Aggressive Growth with Opening of New Cleveland Area
    (businesswire.com - 10/12/2017)
  • Shoppers World, a full-line discount department store chain, continues the chain's aggressive growth with the opening of the brand’s 40th store in Maple Heights, Ohio.   (full story)

  • Discount Tire Opens First Location In Alabama
    (markets.businessinsider.com - 10/12/2017)
  • Discount Tire has seen exponential growth, opening stores in 10 additional states. The new location in Madison makes Alabama the 11th state for new business and the 34th state that Discount Tire serves.   (full story)

  • Coffee shop franchise expanding to Houston
    (chron.com - 10/11/2017)
  • It's a Grind coffee house, with locations mainly in California, is expanding into the Houston market with up to 10 storefronts over the next five to seven years.   (full story)

  • Revitalized Cicis Steps Up New Restaurant Openings
    (markets.businessinsider.com - 10/11/2017)
  • For 2018 and beyond, the company has multiple development agreements with franchise partners representing more than 68 future restaurants in 14 states.   (full story)

  • Checkers & Rally’s on Pace to Hit 1,200 Unit Goal Due to Development Team Additions and Model 4.0
    (restaurantnews.com - 10/11/2017)
  • On the heels of its recent Model 4.0 modular restaurant openings and its purchase by Oak Hill Capital in March 2017, Checkers & Rally’s continues to build momentum at a rapid pace. With key additions made to its development team, 65 franchisee and corporate store openings set to open this year, and increased efficiency of its construction process, the iconic brand is well on its way to reach its 1,200-unit goal by 2020.   (full story)

  • Coach Is Changing Its Name to Tapestry
    (bloomberg.com - 10/11/2017)
  • Coach Inc., the iconic New York-based leather goods maker, is changing its corporate name to Tapestry Inc. at the end of the month, a bid to broaden its image after acquiring the Kate Spade and Stuart Weitzman brands.   (full story)

  • Kroger Shares Jump After Company Eyes Sale of Convenience Stores
    (bloomberg.com - 10/11/2017)
  • Kroger said it opted to put its convenience-store business on the block after a review found that it might have more value outside of Kroger. The Cincinnati-based company hired Goldman Sachs Group Inc. to help handle the process.   (full story)

  • Southeast Grocers expands Fresco y Mas, Harveys in Florida
    (produceretailer.com - 10/11/2017)
  • Southeastern Grocers is altering its footprint in Florida with plans to open five Fresco y Mas stores and three Harveys Supermarkets.   (full story)

  • After 10 Years of Success Flippin’ Pizza NY Pies & Slices Continues to Expand and Grow the Brand Acr
    (franchising.com - 10/10/2017)
  • Over the next few years, Flippin’ Pizza has commitments for 25 new franchise and company locations across Texas, California, and Georgia.   (full story)

  • Retail Imports Hit a Record High... Again
    (mhlnews.com - 10/10/2017)
  • “When imports break records two months in a row, it’s hard to see that as anything other than a good sign about what retailers expect in consumer demand,” says Jonathan Gold, NRF’s vice president for supply chain and customs policy.   (full story)

  • Sears Canada to file for liquidation after getting no viable bid
    (chicagotribune.com - 10/10/2017)
  • The Toronto-based chain will seek court approval for the filing on Friday and begin liquidation sales at its remaining 150 stores on Oct. 19 at the earliest, according to a statement Tuesday. The move follows a last-minute attempt by Executive Chairman Brandon Stranzl, backed by Blackstone Group, to put together an offer to save the retailer.   (full story)






     

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