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Breaking Retail Real Estate News
  • Saladworks, the Nation’s Leading Salad-Centric Franchise Brand, Opens First Atlanta Location
    (franchising.com - 7/18/2018)
  • Saladworks feels the market can hold at least 20 locations. The Saladworks team is working with local real estate teams to explore new locations across the Atlanta, Georgia area in ...   (full story)

  • ZIPS Dry Cleaners Bringing Same-Day, One-Price Dry Cleaning to Cincinnati
    (franchising.com - 7/18/2018)
  • ZIPS Dry Cleaners - an aggressively expanding dry cleaning franchise known for its same-day, one-price business model - has signed an agreement for the development of 10 stores throughout the Cincinnati metro area over the next ...   (full story)

  • ZIPS Dry Cleaners Brings Same-Day, One-Price Dry Cleaning to Portland
    (franchising.com - 7/18/2018)
  • ZIPS Dry Cleaners - an aggressively expanding dry cleaning franchise known for its same-day, one-price business model - has signed a franchise agreement for the development of 12 stores throughout the Portland metro area over the next ...   (full story)

  • Straight Talk About Pot Shops
    (nreionline.com - 7/18/2018)
  • If Megan Booth’s five-year prediction is right, there are months of hassle, questions and opportunities ahead for managers to inadvertently cross the legal line. She and Thurn advise CPMs to arm themselves with knowledge. Know the laws, both fededral and state, and the local courts’ behavior on the subject. And ultimately trust your own informed judgment.   (full story)

  • Online Retailers Continue to Grow Their Physical Footprints
    (nreionline.com - 7/18/2018)
  • “Online retailers are offering landlords and shoppers fresh new concepts and bringing new energy to shopping centers,” says Holly Rome, executive vice president and director of national retail leasing for real estate services firm JLL.   (full story)

  • Luby’s looks at more closures
    (nrn.com - 7/18/2018)
  • Luby’s Inc. is expanding its plan to close and sell more restaurants beyond the 14 that it had identified earlier this year ...   (full story)

  • Jamba Juice Plots East Coast Expansion
    (qsrmagazine.com - 7/17/2018)
  • Ultimately Estill would like to open as many as 10 more stores in the coming years.   (full story)

  • Mountain Mike’s Pizza Begins Major Southern California Expansion
    (restaurantnews.com - 7/17/2018)
  • ... has signed an area development agreement in Southern California. The development agreement expands the brand’s presence in the Inland Empire as it will add more than 40 units over the next ...   (full story)

  • Craving organic and vegetarian food? Eugene, Ore., restaurant chain to open in Idaho
    (idahostatesman.com - 7/17/2018)
  • Scheduled to open within six months, the fast-casual franchise restaurant is the first of three planned locations in the Boise area.   (full story)

  • Rapidly Growing Blaze Pizza Brings On Carrie Sams as VP of Franchise Development
    (qsrmagazine.com - 7/16/2018)
  • Both announcements coincide with the release of 45 target areas around the country that are each capable of holding three to 10 Blaze Pizza restaurants. In her new role, Sams will be focused on recruiting ...   (full story)

  • Wienerschnitzel Plots Major Summer Expansion
    (qsrmagazine.com - 7/16/2018)
  • Wienerschnitzel is opening four new “Heritage” restaurants this month as the popular chain begins a season of accelerated growth.   (full story)

  • Dollar General Celebrates 15,000th Store Grand Opening
    (wbtw.com - 7/14/2018)
  • “Opening our 15,000th store is a major milestone for Dollar General,” said Todd Vasos, Dollar General’s CEO and Wilmington native...   (full story)

  • Sheetz opens Sterling location next week
    (wtop.com - 7/13/2018)
  • Sheetz, whose 578 stores are spread across Pennsylvania, West Virginia, Virginia, Maryland, Ohio and North Carolina, said it is opening a new location in every one of those states over the next month.   (full story)

  • Checkers opening multiple locations in Spartanburg County
    (goupstate.com - 7/13/2018)
  • Checkers is in the process of opening five to seven new locations in Spartanburg County.   (full story)

  • Your Pie Celebrates 10th Anniversary, Hires New Director of Marketing and Opens Five New Stores duri
    (franchising.com - 7/13/2018)
  • These five new additions bring the brand’s total to 56 stores across 19 states. The brand aims to have 75 stores in operation by the end of ...   (full story)

  • Annie Sez to close by end of July; some to become Mandee
    (nj.com - 7/13/2018)
  • Women's clothing retailer Annie Sez plans to either close its remaining 10 locations or convert them to Mandee stores. NorthJersey.com was the first to report on Canadian parent company YM's plan to build the Mandee brand and close Annie Sez stores.   (full story)

  • Dollar Tree Celebrates the Opening of Its 15,000th Store with Grand Openings across the U.S.A.
    (finance.yahoo.com - 7/13/2018)
  • “We are excited to have reached this important milestone in our business and we continue to see the opportunity to grow our two strong banners, Dollar Tree and Family Dollar, into approximately 26,000 stores across North America,” stated Gary Philbin, President and Chief Executive Officer.   (full story)

  • The Spice & Tea Exchange Infuses Arizona with Plans to Open 15 New Franchises
    (prnewswire.com - 7/13/2018)
  • The brand also succeeds in markets with a thriving, vibrant population of local foodies and year-round tourists, making Arizona an attractive region for growth. Scottsdale, Flagstaff, Chandler and Lake Havasu are among current target markets, with plans to add more.   (full story)

  • Tropical Smoothie Cafe enjoys growth, success in first half of 2018
    (fastcasual.com - 7/13/2018)
  • Tropical Smoothie Cafe enjoyed significant achievements and growth in the first half of 2018, and the brand opened 47 cafes and signed ...   (full story)

  • Tint World® Opens First Louisiana Location in New Orleans
    (franchising.com - 7/13/2018)
  • Tint World® Automotive Styling Centers™, a leading auto accessory and window tinting franchise, has opened in Jefferson Parish within the New Orleans metropolitan area.   (full story)

  • Johnny’s Italian Steakhouse Announces Expansion Plans in Wisconsin
    (franchising.com - 7/13/2018)
  • Kickstarting the development push is its newest opening in Sun Prairie, projected to open in August. The growing restaurant franchise has a goal of bringing five additional locations to the area over the next three years.   (full story)

  • Famous Dave's chain will get makeover after success in Coon Rapids
    (startribune.com - 7/13/2018)
  • The Minnetonka-based company chose the Coon Rapids location as a pilot because the building’s format is the most common among its 151 locations, making it an easier sell to franchisees. Sixteen of those locations ...   (full story)

  • Back-To-School And College Spending To Reach $82.8 Billion
    (nrf.com - 7/12/2018)
  • “With the economy thriving thanks to tax reform and growing consumer confidence, we expect to see a very strong season,” NRF President and CEO Matthew Shay said. “College spending is expected to be at its highest level ever, and back-to-school will be one of the three highest years on record.   (full story)

  • Slim Chickens Announces Jackie Lobdell as Executive Director of Franchise Development
    (franchising.com - 7/12/2018)
  • Now with 72 locations open in 14 states and international locations in Kuwait and London, and an additional 250 units in the development pipeline, Slim Chickens is well on its way to achieving its goal of 600 restaurants by ...   (full story)

  • Zea Rotisserie & Bar Headed to Ridgeland in Mississippi
    (foodnewsfeed.com - 7/12/2018)
  • With one new store projected to open each year for the next several years, the company and its leaders look for opportunities to expand in the South and specifically in the Carolinas for 2020 and beyond.   (full story)

  • Now at 400 Units, The Little Gym Continues to Evolve
    (franchisetimes.com - 7/12/2018)
  • “We have at least 20 more locations expected to open both domestically and internationally, and we are working on adding more to the pipeline for next year,”   (full story)

  • Childrens Lighthouse Learning CentersSM Opens in McKinney
    (franchising.com - 7/12/2018)
  • Along with the forthcoming school in McKinney, 25 new Childrens Lighthouse Learning CentersSM are in development or under construction, preparing to join the 47 that are already operating.   (full story)

  • Bankruptcy judge OKs $8M sale for Garces Group
    (courierpostonline.com - 7/11/2018)
  • A bankruptcy judge in Camden approved an $8 million deal Tuesday with a partnership between Louisiana-based Ballard Brands and Philadelphia investor David Maser.   (full story)

  • uBreakiFix Opens 38 News Stores, Converts 10 Independent Repair Shops in Second Quarter
    (digitaljournal.com - 7/11/2018)
  • uBreakiFix announced significant growth for the second quarter of 2018, boasting a total of 38 new stores...   (full story)

  • McDade’s Markets in MS Sold to Durnin Group
    (progressivegrocer.com - 7/11/2018)
  • Greg and Kathy McDade, founders of McDade’s Market, based in Jackson, Miss., have sold their four locations to the Louisiana-based Durnin Group, which is owned by Paul Durnin Jr.   (full story)

  • Tender Greens promotes Apple vet as CEO to win the salad wars
    (fastcompany.com - 7/11/2018)
  • One is that she’s got an aggressive plan to expand the business. Tender Greens currently has 28 locations, and Bruno wants to nearly double that in the next two years. The other is that the retail veteran has earned the chops to do it.   (full story)

  • Family Dollar discount store opens in Middletown
    (app.com - 7/10/2018)
  • Family Dollar is on a growth spurt. About three years ago, Dollar Tree acquired Family Dollar Stores for $9.2 billion. In the three months ended May 5, the company opened 62 new Family Dollar stores and renovated 215 others.   (full story)

  • Kate Hudson's Fabletics athleisure line plans to open 75 new stores in global push
    (cnbc.com - 7/10/2018)
  • The privately held retailer, owned by ShoeDazzle and JustFab parent company TechStyle Fashion Group, is planning to open 75 new stores across the U.S. and overseas, bringing its total to 100.   (full story)

  • Slapfish Plans 10 Additional Locations in 2018
    (qsrmagazine.com - 7/10/2018)
  • Slapfish, a modern seafood restaurant serving up bold, craveable dishes in a fast casual setting, announced aggressive expansion plans for the second half of 2018, with sights set on opening up to 10 additional locations by ...   (full story)

  • Ross Dress for Less clothing store opening in Machesney Park
    (mystateline.com - 7/10/2018)
  • Ross Store, Inc. plans to open 10 more stores in the Chicagoland area in 2018, according to information conveyed at the International Council of Shopping Centers Chicagoland Retail Connection event in August.   (full story)

  • New Quiznos Owner Buys Fast Casual Taco Del Mar
    (qsrmagazine.com - 7/10/2018)
  • The San Diego-based private investment firm, which specializes in consumer-facing companies and brands with growth and transformational potential, announced Monday that it has acquired fast casual Taco Del Mar.   (full story)

  • The Fresh Market Closing 15 Stores In Nine States
    (theshelbyreport.com - 7/9/2018)
  • CEO Larry Appel noted that the company has been in the midst of a “turnaround plan” for the past eight months. While “we’ve seen great progress,” he said, “for a variety of reasons unique to each retail location, that progress is not evenly distributed and, as a result, we have decided to close these long-term, underperforming stores.   (full story)

  • High Bluff acquires Taco Del Mar
    (nrn.com - 7/9/2018)
  • Private-investment firm High Bluff Capital Partners has acquired the Taco Del Mar quick-service chain from ...   (full story)

  • The Opportunity Behind Vacant Mall Spaces
    (cpexecutive.com - 7/9/2018)
  • The transition is still in its early stages, but most signs point toward at least one successful strategy—mixed-use mall properties. All those millions of square feet of unoccupied shopping center space across the U.S. could become modern live-work-play hubs.   (full story)

  • Freddy's Frozen Custard & Steakburgers Named Best Franchise to Buy in America
    (prnewswire.com - 7/9/2018)
  • This year, Freddy's Frozen Custard & Steakburgers® plans to open more than 40 restaurants nationwide. Franchise opportunities remain in markets across the U.S., including ...   (full story)

  • Staten Island Mall: On forefront of national trend toward reinvention
    (silive.com - 7/9/2018)
  • "Malls aren't closing around the country. In fact, we have yet to see a decline in the total number of malls. While there isn't much new construction, there is updating and redevelopment, which is good for communities and their economy."   (full story)

  • Subway looks to stem the tide of losses
    (ctpost.com - 7/8/2018)
  • After shuttering more than 800 stores in the U.S. market last year, according to Bloomberg, the Milford-based chain is expected to lose hundreds more this year, which has ultimately led to the revitalization efforts expected to the stymie the downturn.   (full story)

  • Phoenix-based restaurant company expanding to San Diego
    (ktar.com/story - 7/7/2018)
  • Phoenix-based Fox Restaurant Concepts is expanding to San Diego, Califronia, with plans to open four new restaurants in the near future. Aside from the four restaurants set to open in San Diego in the coming months, Fox told the Tribune he plans on scouting other locations for even more expansion opportunities in the future.   (full story)

  • Fast Casual Gains Over Other Restaurant Channels
    (cstoredecisions.com - 7/6/2018)
  • Visits to fast casual restaurants, which are quick-service restaurant concepts that offer more service, higher quality food, and have a higher average check size than other fast food restaurants, have grown 6% annually over the last five years, stemming in large part from store openings, according to The NPD Group, a global information company.   (full story)

  • Mall Makeovers, Big Box Availability Benefit Retail Growth
    (www.costar.com - 7/6/2018)
  • Development is at the forefront of mall makeovers picking up across the country, transforming large, drab slabs of concrete into community centers. The phenomenon joins two other trends that will shape the retail sector for the rest of 2018 and beyond: developers seizing costly opportunities presented by closing big-box stores and brick-and-mortar retailers adopting eye-catching technologies to engage shoppers.   (full story)

  • Mall Tenants Had an Out When Giants Like Macy’s Left. Now Landlords Bar the Door
    (nreionline.com - 7/6/2018)
  • Landlords are now routinely pushing to chisel away co-tenancy provisions when leases come up for renewal, said Ivan Friedman, head of RCS Real Estate Advisors, a New York consulting firm. That wasn’t the case even a couple of years ago.   (full story)

  • At Home decor retailer moving Knox location to Turkey Creek
    (knoxnews.com - 7/5/2018)
  • The company, headquartered in Plano, Texas, opened nine new stores in the first quarter of 2018 and operates 156 stores in all...   (full story)

  • Little Big Burger to open in Texas
    (fastcasual.com - 7/5/2018)
  • This location is the first of three locations in Texas as part of a previously announced multi-unit franchise deal with ...   (full story)

  • My Pie Continues National Growth With Development Expansion Into Alabama
    (franchising.com - 7/5/2018)
  • My Pie, a fine-casual pizza concept that offers customizable, authentic New York-style pizza, has signed a new development agreement to bring the emerging brand into the Alabama market.   (full story)

  • Checkers Goes Modular in Expansive Growth Plans
    (qsrmagazine.com - 7/5/2018)
  • Checkers & Rally’s plans to open about 70 restaurants this year. Thirty of those will be modular buildouts in line with its 4.0 design model ...   (full story)






     

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