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Breaking Retail Real Estate News
  • Naf Naf Changes Name, Rebrands with Growth in Sight
    (qsrmagazine.com - 1/19/2018)
  • Damico says the investment should allow Naf Naf to develop between 8–12 company-operated units per year in its current eight-market footprint ...   (full story)

  • The Joint Corp. (NASDAQ: JYNT), a national operator, manager and franchisor of chiropractic clinics,
    (franchising.com - 1/19/2018)
  • The Joint Corp., a national operator, manager and franchisor of chiropractic clinics, reached 400 open clinics systemwide in January, 2018, having opened 41 net new franchised clinics during 2017.   (full story)

  • Bassett Furniture reports 3.9% rise in Q4 sales
    (furnituretoday.com - 1/19/2018)
  • He added that the opening of stores in Pittsburgh and Wichita, Kan., during the quarter ushered in a period of robust expansion for Bassett’s corporate store network, “as we plan to open at least 10 new locations and reposition two to three others over the next 18 months.”   (full story)

  • Blink Fitness Celebrates Year of Tremendous Growth
    (franchising.com - 1/18/2018)
  • Blink Fitness - a premium-quality, value-based gym that has challenged industry norms by celebrating how exercise makes you feel, not just how it makes you look - celebrated a year of remarkable growth in 2017. In addition to expanding in New York and New Jersey, the brand broke into two new markets - Philadelphia and Los Angeles - and is set to continue expanding, with more than 25 locations slated to open in 2018.   (full story)

  • Tropical Smoothie Cafe opens 101 units in 2017
    (fastcasual.com - 1/18/2018)
  • Tropical Smoothie Cafe beat its 2017 goal of opening 100 units by one. The chain, which hit 101 openings to end the year with 630 locations, also signed   (full story)

  • New Kum & Go store emphasizes expanded food options
    (tulsaworld.com - 1/18/2018)
  • The Go Fresh Market design was rolled out in 2016. The company built 20 stores with the design that first year and 20 in 2017. The goal is to build 26 new locations throughout its 11-state market.   (full story)

  • Fazoli’s Finished 2017 with 57 Franchise Sales Records
    (qsrmagazine.com - 1/18/2018)
  • Not slowing down in 2018, the brand has eight new restaurant openings slated for the first two quarters of the year, in markets such as San Antonio, Oklahoma City, Tampa, and Columbus, Georgia, with plans to open several additional locations throughout the remainder of 2018.   (full story)

  • Freshii CEO Pens Open Letter to Subway
    (qsrmagazine.com - 1/18/2018)
  • Freshii Inc. released an open letter to Subway. Highlighting the recently reported Subway franchise partner frustrations, the letter offers a proposal to Subway that aims to reignite their franchise partners’ entrepreneurial spirits.   (full story)

  • The Pizza Press Kicks off 2018 with Franchise Expansion
    (qsrmagazine.com - 1/18/2018)
  • The brand will kick off 2018 with a total of 30 new restaurants projected to open by end of Q3 and 50 to open by year’s end, tripling the number of locations open in less than a year.   (full story)

  • PJ’s Coffee: 'Sky is the Limit' for Growth in 2018
    (qsrmagazine.com - 1/18/2018)
  • PJ’s Coffee expects to grow to 200 locations by 2020 as it continues to welcome new, strong owners to the system.   (full story)

  • Starbucks Reaches Settlement Over Teavana Closures
    (qsrmagazine.com - 1/18/2018)
  • Starbucks’ Teavana saga appears to have reached a resolution. The java giant and Simon Property Group agreed to a settlement regarding Starbucks’ decision to shutter its entire Teavana retail footprint ... Starbucks declined to provide closure dates ...   (full story)

  • R Taco Adds 2 Franchise Groups, Plots 7 New Locations
    (qsrmagazine.com - 1/18/2018)
  • R Taco, a fast-casual street taco chain backed by Buffalo Wild Wings, announced the addition of two new franchise groups. The agreements will result in seven new locations across Arizona, Indiana, Michigan and Ohio.   (full story)

  • Fred Meyer Jewelers Closing a Number of Mall Stores
    (jckonline.com - 1/17/2018)
  • Fred Meyer Jewelers is closing a number of its mall stores, confirms group vice president Kirsten Darrow. She declines to provide an exact number. “We are closing underperforming mall stores (under both Fred Meyer Jewelers and Littman Jewelers brands) whose leases are ending,” she adds.   (full story)

  • Little Big Burger coming to Lake Oswego
    (portlandtribune.com - 1/17/2018)
  • "We continue to be very pleased at the progress of our continuing national rollout of our Little Big Burger brand," says Mike Pruitt, Chanticleer's CEO. "Currently we have 12 stores and expect to double that count in 2018, with an additional 8-12 more locations planned."   (full story)

  • First EmbroidMe Location Celebrates Its Transition To Fully Promoted
    (franchising.com - 1/17/2018)
  • The West Palm Beach Fully Promoted®, previously known as EmbroidMe®, is celebrating the grand reopening of its first ever location ...   (full story)

  • Blain's Farm & Fleet plans expansion into Michigan
    (bizjournals.com - 1/17/2018)
  • The Janesville-based company said Tuesday it will extend its reach to Michigan with two store openings there in 2018...   (full story)

  • Crunch Fitness Franchisee Fitness Holdings LLC Acquires Boost Fitness, Expands Across Massachusetts
    (franchising.com - 1/16/2018)
  • Crunch Fitness Franchise announced today that its Connecticut-based franchisee, Fitness Holdings LLC, has acquired Boost Fitness, the largest independent fitness chain in Central Massachusetts. The acquisition increases the number of Crunch locations in Massachusetts five-fold ...   (full story)

  • Bentley’s Pet Stuff Opens in North Carolina
    (petage.com - 1/16/2018)
  • Bentley’s Pet Stuff is establishing a presence in North Carolina with the purchase of Pet Mania...   (full story)

  • Dave & Buster's Entertainment Looks to Expand Further in 2018
    (hadeplatform.com - 1/16/2018)
  • Opening new stores with outstanding returns remains a key priority and the company plans to open fourteen to fifteen new stores in fiscal 2018...   (full story)

  • Apple's 500th Store and First in Korea Opening January 27 Ahead of 2018 Winter Olympics
    (macrumors.com - 1/16/2018)
  • By the looks of it, this should be Apple's 500th retail store around the world. That total includes the Apple Park Visitor Center and Infinite Loop locations...   (full story)

  • Zoes Kitchen unveils new design, beverage menu
    (fastcasual.com - 1/16/2018)
  • This will be a great testing ground for us as we look at rolling out new stores and remodeling existing stores in the future, as well as for ...   (full story)

  • Why retailers should be optimistic about 2018
    (northjersey.com - 1/15/2018)
  • Tax cuts, an improved economy and an American consumer that is less cautious about spending will make 2018 a sweet year for retailers, economists and analysts at the National Retail Federation trade show predicted Monday. Retail sales are on track to match or exceed the healthy 4.2 percent gain they made in 2017, according to a panel of experts.   (full story)

  • Checkers & Rally’s plans further expansion in Delaware
    (delawarestatenews.net - 1/15/2018)
  • Checkers & Rally’s has recently opened a location in Wilmington, is about to open its second next month and has future plans to open more throughout the rest of the state.   (full story)

  • Teriyaki Madness Targets Dallas-Fort Worth for Expansion
    (qsrmagazine.com - 1/15/2018)
  • Teriyaki Madness, one of America’s fastest growing fresh Asian fast casual concepts, is targeting Dallas-Fort Worth for expansion. With three existing units in the area, the company announced plans to open 20–25 additional locations ...   (full story)

  • 15 companies that are defying the retail meltdown by opening hundreds of new stores
    (businessinsider.com - 1/14/2018)
  • A large majority of the retailers that are opening new stores this year are discounters, including Dollar General, Dollar Tree, Family Dollar, Aldi, Lidl, Five Below, and Hobby Lobby. Those retailers and others will collectively open more than 2,100 stores this year, according to a Business Insider analysis based on company data.   (full story)

  • Mavis Tire Supply Is Acquiring Kauffman Tire's Retail Stores
    (moderntiredealer.com - 1/12/2018)
  • Kauffman Tire Inc. is selling its 69 retail stores in Georgia and Florida to Mavis Tire Supply Corp. “We’ve admired Kauffman Tire for years," says David Sorbaro, the co-CEO for Mavis. "It’s a strong operator with a great reputation and complimentary offerings in a new geography for Mavis."   (full story)

  • Neighborhood Pet Store Franchise Rises in Entrepreneur's Highly Competitive Franchise 500®
    (prnewswire.com - 1/12/2018)
  • With 11 new franchisees added in 2017 and expansion into 3 new states, Pet Supplies Plus opened its 423rd store last year and expects to open at least fifty more stores in 2018...   (full story)

  • This local pet store chain has been acquired by a Minnesota company
    (kansas.com - 1/12/2018)
  • All Paws Pet Center, with east and west Wichita stores as well as one in Derby, was acquired by Chuck & Don’s...   (full story)

  • After Record-Breaking Year, Walk-On’s Plans 18 New Locations for 2018
    (foodnewsfeed.com - 1/11/2018)
  • Building off a highly successful 2017 for Walk-On’s Bistreaux & Bar, Walk-On’s Enterprises is looking ahead with bigger and better plans on tap for 2018. Following a record-breaking year of franchise expansion for the Walk-On’s Bistreaux & Bar brand, the company plans to introduce its unique “taste of Louisiana” menu to multiple new markets ...   (full story)

  • Walmart to Shutter 63 Sam’s Club Stores
    (progressivegrocer.com - 1/11/2018)
  • Some 10 of those locations will become ecommerce fulfillment centers, and employees of those locations will be able to reapply for positions there, Business Insider reported. The rest will stay open for several weeks before permanent closure.   (full story)

  • Shake Shack Plans to Open More Airport Locations
    (qsrmagazine.com - 1/11/2018)
  • Global restaurateur HMSHost and Shake Shack Inc. announced a new partnership to open the iconic burger restaurant in airports and on motorways across North America. The two companies recently ...   (full story)

  • Fast Casual B.GOOD Signs Expansion Deal for Houston
    (qsrmagazine.com - 1/11/2018)
  • B.GOOD, a fast casual restaurant with a locally sourced, wholesome menu, has signed a franchise development agreement to open 10 restaurants in the Houston, Texas, area, marking the brand’s first U.S. push beyond ...   (full story)

  • Lands' End, Counting Sears Out, Plans New Stores
    (mediapost.com - 1/11/2018)
  • Now that it’s back in the black, Lands’ End says it has big plans for its store base and is planning to open up to 60 new stores in the next five years. The Dodgeville, Wisc.-based apparel brand, spun off by ...   (full story)

  • MOD Pizza Raises $33M in Equity Capital and Closes $40M Credit Facility
    (restaurantnews.com - 1/10/2018)
  • These financings are expected to support MOD’s continued rapid growth in 2018, bolstering its presence in its existing markets across the U.S. and U.K...   (full story)

  • Why Dick’s Sporting Goods Is Slowing Down Store Expansion
    (marketrealist.com - 1/10/2018)
  • For fiscal 2018, the number of new stores planned to be opened has fallen to 15–20 stores...   (full story)

  • 2018 Will Be Another Year of Rapid Growth for Love's
    (csnews.com - 1/10/2018)
  • The company opened 147 new stores over the past five years, including 36 new locations in 2017. This year, Love's plans to open more than 40 new locations.   (full story)

  • San Antonio women’s fashion retailer A’Gaci enters bankruptcy
    (expressnews.com - 1/10/2018)
  • San Antonio-based women’s apparel and accessories retailer A’Gaci filed for bankruptcy protection Tuesday, seeking to reorganize its $62 million in debt...   (full story)

  • Walgreens sheds additional light on new store formats
    (drugstorenews.com - 1/9/2018)
  • The new format will mark the first major overhaul of the core Walgreens format since the finalization of its merger with Alliance Boots in December 2014...   (full story)

  • 'Extreme Value' Discounter Grocery Outlet Plans 25-Store Expansion
    (forbes.com - 1/9/2018)
  • Some 25 new stores are planned for Oregon, Washington, Idaho, Nevada, California and Pennsylvania. Specifically, over a dozen new stores in the Los Angeles area, which is a relatively new market for Grocery Outlet.   (full story)

  • Dunkin' Donuts wants to double the number of stores
    (wcpo.com - 1/9/2018)
  • It's an ambitious goal for any retailer in this climate. And it might seem especially bold for Dunkin', which said this summer it is drastically slowing expansion plans...   (full story)

  • Dat Dog Set to Open First of 25 Houston Eateries in Rice Village
    (franchising.com - 1/9/2018)
  • Dat Dog, a popular New Orleans franchise chain that specializes in gourmet hot dogs and sausages that can be dressed in a selection of over 30 different toppings, has signed a lease for the first of 25 locations in the Houston metro ...   (full story)

  • Slapfish Announces Expansion Into Florida
    (qsrmagazine.com - 1/9/2018)
  • Slapfish, a Modern Seafood Franchise serving up bold, crave-worthy dishes in a fast casual setting, announced its expansion into Florida. The first location is slated to open in Orlando in mid-2018, with plans for 10 more restaurants throughout ...   (full story)

  • Why T-Mobile Is Aggressively Expanding Its Retail Footprint
    (forbes.com - 1/8/2018)
  • T-Mobile has been aggressively acquiring spectrum in lower frequency bands (700 MHz and 600 MHz), which is allowing the company to expand its coverage in rural and suburban areas where it has traditionally been weak. As T-Mobile expands its coverage, it needs to be able to cater to new customers in these regions by opening stores.   (full story)

  • Planet Fitness Hits 1,500 Clubs with 1,000 More Club Agreements Signed
    (clubindustry.com - 1/8/2018)
  • The closing of retail brick and mortar stores has opened even greater opportunities for Planet Fitness to expand, according to the company's CEO, who said half of the 1,000 locations for which agreements have been signed will be open in the next two to three years.   (full story)

  • Mavis Tire Supply Is Acquiring Kauffman Tire's Retail Stores
    (moderntiredealer.com - 1/8/2018)
  • The deal gives Mavis Discount Tire 404 stores. The company will remain the fifth largest independent tire dealer in the country, trailing Les Schwab Tire Centers...   (full story)

  • Tire Discounters Adds 2 Stores in Georgia
    (moderntiredealer.com - 1/8/2018)
  • Tire Discounters Inc. is expanding in Dalton, Ga., with the purchase of two stores from the Lou Johnson family...   (full story)

  • Dream Dinners Announces Additional Expansion Efforts in Texas
    (prnewswire.com - 1/8/2018)
  • Dream Dinners, a national meal-assembly company focused on families, is continuing its expansion efforts in select markets across Texas in 2018.   (full story)

  • Camping World to re-open 69 Gander Outdoors stores
    (retaildive.com - 1/5/2018)
  • Gander Outdoors, formerly known as Gander Mountain, on Thursday announced the initial list of 69 retail stores scheduled to open by May...   (full story)

  • Kwik Chek Acquires Cleo’s Convenience Stores
    (cspdailynews.com - 1/5/2018)
  • Taylor-Smartt LLC, doing business as Kwik Chek Convenience Stores Inc., has purchased Cleo Bustamante Enterprises Inc.’s chain of eight convenience stores. The Cleo’s Convenience Stores are located in Southern Texas in Asherton, Carrizo Springs, Crystal City, Eagle Pass and La Pryor.   (full story)

  • Casey's Plans $35M HQ Expansion
    (csnews.com - 1/5/2018)
  • Casey's General Stores Inc. is growing more than just its convenience store count. The company is planning to grow its headquarters as well...   (full story)






     

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