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Breaking Retail Real Estate News
  • Launch Trampoline Park to Double National Presence in Next Few Years
    (franchising.com - 11/14/2018)
  • With 20 parks currently operating in 13 states, more than half of which have opened since the beginning of 2017 alone, company plans call for opening as many as 10-15 new parks each year over the next several years. Development deals have already been signed for ...   (full story)

  • Stater Bros. expansion continues with its first Pasadena store, opening Wednesday
    (pasadenastarnews.com - 11/14/2018)
  • All told, Stater Bros. has opened six new stores over the past 18 months. “That’s a pretty aggressive schedule for us,” Van Helden said. “If we open two or three new stores a year that’s a pretty comfortable spot, although this was a little more than that.   (full story)

  • Physical stores continue to be key for holiday shoppers
    (drugstorenews.com - 11/14/2018)
  • Retailers with a physical presence will see a 57.3% share when it comes to where consumers plan to complete the majority of their purchases, according to a new survey from JLL Retail.   (full story)

  • American Construction Source acquires Arrow Building Center
    (hbsdealer.com - 11/14/2018)
  • American Construction Source, the recently established pro dealer holding company, has made another big move – this time in the Midwest – with the acquisition of Arrow Building Center.   (full story)

  • Multi-Brand Operator Brings Melt Shop to Two New States
    (franchising.com - 11/13/2018)
  • The restaurants are part of a 21-unit agreement for Smith to develop Melt Shops throughout Delaware, Pennsylvania, and New Jersey.   (full story)

  • Monro Acquires Jeff Pohlman Tire in Ohio, Plus 7 Other Stores
    (moderntiredealer.com - 11/13/2018)
  • Jeff Pohlman Tire & Auto Service Inc., a 28-year-old family owned and operated business with five locations in Ohio, has been acquired by Monro Inc...   (full story)

  • Moe's Launches New Design, Menu Inspired by 'Untamed Southwest'
    (qsrmagazine.com - 11/13/2018)
  • Moe’s Southwest Grill has a new brand positioning and prototype to reflect the reenergized direction. The FOCUS Brands chain will debut a test kitchen and fresh model, The Oasis, on November 16 near its headquarters in Atlanta. The prototype will feature an update design and ...   (full story)

  • bellagreen expands Texas presence
    (fastcasual.com - 11/12/2018)
  • The new location is the brand's seventh overall in Texas and the first one located outside of Houston ... It is also the first of three new locations in the works. The other two are set for Plano, at The Shops at Legacy in December, and in Preston & Park come early next year.   (full story)

  • Ulta makes 2 tech acquisitions to push digital focus
    (retaildive.com - 11/12/2018)
  • The company also refined its U.S. store target to 1,500-1,700 stores, with plans to open 80 stores next year, 75 stores in 2020 and 70 stores in 2021, according to a press release.   (full story)

  • US consumers to spend an average of 554.90 US dollars during Thanksgiving weekend
    (fashionunited.com - 11/12/2018)
  • This holiday season looks promising for US retailers. A new survey conducted by the International Council of Shopping Centers with over 1,000 American consumers revealed they intend to spend an average of 554.90 US dollars over the Thanksgiving weekend.   (full story)

  • No sign of the retail apocalypse
    (nrf.com - 11/11/2018)
  • It’s been more than two years since the notion of a retail apocalypse took hold in the mainstream media — yet we haven’t seen it arrive. Instead of the predicted demise, retail’s fortunes are looking decidedly rosy.   (full story)

  • A Ford's Garage restaurant is opening in Orlando next week
    (orlandoweekly.com - 11/9/2018)
  • A Ford Motors-themed restaurant chain is opening its first Orlando location next week ... The Orlando restaurant will be the chain's 10th Florida location and 11th location overall.   (full story)

  • Tops readies for Chapter 11 exit
    (supermarketnews.com - 11/9/2018)
  • Tops Markets LLC has gained court approval for its reorganization plan and said it “shortly” expects to come out of Chapter 11 bankruptcy protection...   (full story)

  • Seasoned Franchise Expert Brings Blink Fitness to Syracuse
    (franchising.com - 11/9/2018)
  • The Blink Fitness Feel Good Experience® is coming to a gym near you in Liverpool, New York on November 14th thanks to the pioneering spirit of Dean Panos. This marks the first of five locations coming to Upstate New York.   (full story)

  • Pilot Flying J Details Third-Quarter 2018 Milestones
    (csnews.com - 11/9/2018)
  • Pilot Flying J completed three locations under its Facility Enhancement Project, its commitment to investing nearly $500 million to renovate existing locations over the next five years.   (full story)

  • Main Squeeze Juice Co. Expands in Texas
    (franchising.com - 11/9/2018)
  • Main Squeeze Juice Co., a newcomer to the more than $5 billion juice market, is continuing its Texas expansion with a 10-store deal for Houston, Austin and ...   (full story)

  • Sears, in bankruptcy, is set to close 40 more stores on top of dozens previously announced
    (usatoday.com - 11/9/2018)
  • The iconic retailer, which filed for Chapter 11 bankruptcy protection last month, said Thursday that it will shutter another 40 Sears and Kmart stores in February, on top of the 142 locations it previously announced would be closing by the end of this year.   (full story)

  • Save Mart Remodeling Plan Focuses On Customers
    (abasto.com - 11/9/2018)
  • California supermarket chain Save Mart is finalizing its multi-million dollar remodeling and new store opening project to attract new customers and stay competitive in the ever-changing grocery store industry.   (full story)

  • Cowboy Chicken Adds Co-Founder of Boston Market to Propel Growth
    (qsrmagazine.com - 11/9/2018)
  • Dallas-based Cowboy Chicken is poised for significant growth through franchising and corporate expansion. "We have a great opportunity with lots of white space available for growth. Our management team is getting stronger, and we are preparing to expand."   (full story)

  • ExtraMile Convenience Stores Celebrates 800th Location
    (cstoredecisions.com - 11/9/2018)
  • As it continues to expand across more of the western U.S., the company plans to grow to 1,400 ExtraMile sites nationwide by 2027.   (full story)

  • Dairy Queen's Grill & Chill Expansion Heats Up
    (qsrmagazine.com - 11/8/2018)
  • ... heading into 2019. Davis says Dairy Queen decided to focus on expansion in emerging markets across the U.S. Some of these markets already have a DQ presence. In others, it will be new territory for the brand. Dairy Queen’s target list of markets that are on the top of the list when opening new Grill & Chill’s include: ...   (full story)

  • Best In Class Education Center On Track to Open 18 Franchises in 2018
    (prweb.com - 11/8/2018)
  • In 2018, Best In Class opened new centers in Southern California, Florida, Georgia, and a host of other markets. In 2019, Peterson said the franchise is targeting even more new and existing territories, including Dallas, Austin, Charlotte, Raleigh, Los Angeles, Cincinnati, Central Florida, Northeast New Jersey and Northern Virginia.   (full story)

  • Mamoun’s Falafel Signs West Midtown Lease on First of Six Atlanta Locations
    (franchising.com - 11/8/2018)
  • Mamoun’s Falafel, the fastest growing Middle Eastern fast-casual restaurant in North America and oldest falafel restaurant in New York City, has secured a lease for its first of six locations across the Atlanta area. The first restaurant will be ...   (full story)

  • Casey’s Acquires Tri-Par Oil
    (cspdailynews.com - 11/8/2018)
  • Casey’s plans to convert all seven of the stations to the Casey’s brand, Tri-Par President Steve Gall told the newspaper. “It seemed like the right time to step aside and right company to move forward with,” he said.   (full story)

  • N.J.-based Destination Maternity to close 280 stores over next 4 years
    (nj.com - 11/8/2018)
  • It's all part of a strategic plan to "right-size its ship" and "prune oversaturated markets." The list of the stores that will be closed has not been revealed.   (full story)

  • Planet Fitness Opens 41 New Clubs, Reports 40 Percent Growth in 2018 Q3 Revenue
    (clubindustry.com - 11/8/2018)
  • The company opened 41 new franchise clubs during the quarter and saw system-wide same-store sales increase...   (full story)

  • Freshii CEO defends company's growth after withdrawing outlook through 2019
    (citynews1130.com - 11/8/2018)
  • The Toronto-based eatery opened 10 net new stores in its third quarter...The company had expected to have 730 to 760 stores by the end of its 2019 financial year...It is now scrapping the revised figures...   (full story)

  • Wayback Burgers continues growth spurt through Q3
    (fastcasual.com - 11/8/2018)
  • The chain also awarded seven U.S. franchises in Q3 2018, with 19 more under construction ... "We're also setting ourselves up for what promises to be another great year of growth in 2019,"...   (full story)

  • My Eyelab to bring up to 15 additional stores to Orlando area
    (bizjournals.com - 11/7/2018)
  • The Palm Springs-based chain plans to add an another 10 to 15 stores in the next few years...It has plans to end the year with 27 total stores in the state...   (full story)

  • Taco Bueno files for Chapter 11 bankruptcy protection
    (nrn.com - 11/7/2018)
  • “Upon Taco Bueno's completion of its restructuring, Sun Holdings intends to invest in remodeling Taco Bueno locations, increasing brand initiatives and enhancing the customer experience,”   (full story)

  • Badcock Home Furniture &more Opens Its 350th Location as It Celebrates 114 Years in Business
    (oleantimesherald.com - 11/6/2018)
  • Although the brand has seen a large amount of progress over its 114-year tenure, the growth in recent years has been nothing less than explosive. In the fiscal year of 2018 alone, the company set a new internal record by opening 16 new stores.   (full story)

  • Brick and mortar still has a future, according to retailers
    (fashionunited.com - 11/6/2018)
  • “It completely transformed our growth and our foot traffic, and it showed us what the future of retail is, and it’s definitely driven by the customer experience and community,” said Kriegsman.   (full story)

  • Lucky’s Market to Open 6 New Stores in Florida
    (winsightgrocerybusiness.com - 11/6/2018)
  • Reporting solid growth, the retailer has signed leases for additional store locations in Florida, including two stores in Boca Raton as well as locations in Kendall, Bradenton, Brandon and Clearwater—all of which are slated to open in the next 18 to 24 months.   (full story)

  • ARC outlines terms of planned Tilted Kilt deal
    (nrn.com - 11/6/2018)
  • ARC Group Inc., parent to the casual-dining Dick’s Wings & Grill brand, has settled more financing details around its planned acquisition of Tilted Kilt Pub and Eatery from ...   (full story)

  • Bojangles' sold: NC-based restaurant announces plans to sell
    (abc11.com - 11/6/2018)
  • The North Carolina-based fast food chicken restaurant announced Tuesday it was being purchased by Durational Capital Management and The Jordan Company LP. The agreement was unanimously approved by Bojangles' Board of Directors, but it must still be approved by stockholders.   (full story)

  • Hallum Exits Fuel, C-Store Business
    (cspdailynews.com - 11/6/2018)
  • After 46 years in business, Hallum Inc. has exited the fuel-supply and convenience-store business. Hallum sold all retail assets and fuel-supply agreements to Jackson Energy.   (full story)

  • Giant Food Stores Agrees to Acquire Shop ‘n Save Stores
    (andnowuknow.com - 11/6/2018)
  • SuperValu has found a buyer for five more of its Shop ‘n Save locations in the form of Giant Food Stores. Giant Food Stores announced a new growth strategy earlier this year and has recently debuted a new format, additional new stores, and other expansion efforts across the Northeast.   (full story)

  • Papa Gino’s, D’Angelo Grilled Sandwiches close 95 restaurants amid Chapter 11 filing
    (nrn.com - 11/5/2018)
  • The parent company of Papa Gino's Pizzeria and D'Angelo Grilled Sandwiches filed for Chapter 11 bankruptcy protection Monday following the closure of 95 underperforming restaurants on ...   (full story)

  • Eat the Frog Fitness Powering Into International Expansion
    (franchising.com - 11/5/2018)
  • at The Frog Fitness is growing by leaps and bounds in the U.S. Now this hot and inclusive fitness studio concept is gaining strength in Canada with a new licensing agreement for 11 locations in ...   (full story)

  • Lowe's to shut 51 underperforming stores in the US and Canada
    (cnbc.com - 11/5/2018)
  • Home improvement retailer Lowe's is closing 20 underperforming stores in the United States and 31 in Canada as part of a restructuring, the home improvement retailer said on Monday.   (full story)

  • Five Below, the discount-store chain that's growing across America
    (businessinsider.com - 11/3/2018)
  • Five Below has opened 67 new stores so far in 2018 and plans to open another 50 this quarter...   (full story)

  • Old Chicago Owner CraftWorks Acquires Logan's Roadhouse
    (restaurantbusinessonline.com - 11/2/2018)
  • Logan’s CEO, Hazem Ouf, will lead the combined company, which will become the latest in a growing number of multibrand operators. The new company will be named CraftWorks Holdings and will operate 390 casual-dining restaurants and breweries in 40 states.   (full story)

  • The Picnic Is Over: Longaberger Company Forced To Sell Assets
    (radio.wosu.org - 11/2/2018)
  • A recent court filing has changed the basket-maker’s bankruptcy case from Chapter 11 to Chapter 7. Instead of allowing for a restructuring of the its debts, the company will be forced to sell its assets.   (full story)

  • Murphy USA Celebrates Fifth Anniversary of Spinoff With Renewed Optimism
    (csnews.com - 11/2/2018)
  • Murphy USA continued to grow its store count during Q3 2018, opening seven new convenience stores and three raze-and-rebuild sites. Construction is currently underway at an additional 27 locations, including 15 raze-and-rebuild sites that will reopen as 1,200-square-foot stores.   (full story)

  • Marathon to Complete 200 SuperAmerica Conversions to Speedway by End of 2018
    (csnews.com - 11/2/2018)
  • Since the completion of the transaction on Oct. 1, roughly 90 sites in the St. Paul and Minneapolis markets have been converted, and the company expects to complete approximately 200 sites by the end of 2018.   (full story)

  • Starbucks wants to open 2,100 new stores next year
    (kesq.com - 11/2/2018)
  • Starbucks is planning to open 2,100 new stores globally next year. Starbucks added about 600 new stores in the most recent quarter and has over 29,300 restaurants overall. Last year it opened nearly 2,300 stores.   (full story)

  • Sprouts sees double-digit revenue growth for Q3
    (supermarketnews.com - 11/1/2018)
  • Sprouts opened 12 new stores during the third quarter. Those locations included the supermarket chain’s first stores in Pennsylvania and Washington...   (full story)

  • Big NY expansion ahead for Dickey's Barbecue Pit
    (fastcasual.com - 11/1/2018)
  • New franchisee Jerry Stephan plans to open 21 Dickey’s Barbecue Pit locations in New York, with the first opening on Long Island in the spring of ...   (full story)

  • Motiva Forms Joint Venture With Midtex Oil
    (cspdailynews.com - 11/1/2018)
  • Motiva Enterprises LLC has formed Juniper Ventures of Texas LLC, a new joint venture with Midtex Oil LP, a central Texas petroleum distributor and convenience-store operator.   (full story)

  • Allen Edmonds Launches Rockefeller Center Location
    (designretailonline.com - 11/1/2018)
  • St. Louis, Mo.-based footwear brand Allen Edmonds has announced the launch of a New York store in addition to new stores in Chicago and Costa Mesa, Calif.   (full story)






     

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