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  • Before leasing in a retail center, look back at 2017’s shrinking anchors
    ( - 12/24/2017)
  • For instance, if a business owner is looking to open a store in a shopping center, they must consider today and tomorrow for the future of their business as there are many changes that can take place that could adversely affect their success. If the prospective business owner is reliant on foot traffic from an anchor or major tenant (or even smaller retailers) and those stores close, the expectations for success are likely diminished.   (full story)

  • Caribou Coffee still growing after 25 years
    ( - 12/23/2017)
  • Aside from stepped up marketing, Caribou plans to add 25 new stores a year and to energize Caribou’s footprint in the Upper Midwest, officials said. “So there’s opportunity. We want to be focused on the Upper Midwest,” Butcher said.   (full story)

  • Home Depot buys The Company Store
    ( - 12/22/2017)
  • Home Depot on Thursday announced it has acquired The Company Store, a catalog and e-commerce retailer of home goods and textiles, from owner Hanover Direct...   (full story)

  • Mugshots Grill & Bar Announces Acquisition
    ( - 12/22/2017)
  • In addition to this acquisition, there are immediate plans in the near future for two additional Mugshots Grill & Bar locations; Pearl, MS, a suburb of Jackson and Allen, TX, just north of Dallas ...   (full story)

  • Retailers Expect Economic Boost from Tax Reform
    ( - 12/22/2017)
  • The National Retail Federation welcomed tax reform signed into law by President Trump on Dec. 22, saying the measure will dramatically benefit businesses, workers and consumers. “This is landmark legislation that will boost our nation’s economy more than anything we have seen in decades,” NRF President and CEO Matthew Shay said. “Middle-class taxpayers are the biggest winners, with significantly more take-home pay thanks to tax cuts and vast new employment opportunities because of tax relief that will help large and small businesses alike create new jobs.   (full story)

  • H-E-B bets big on Meyerland
    ( - 12/22/2017)
  • Scott McClelland, the newly minted president of H-E-B, has a big year planned. He'll open nine stores in and around Houston in 2018 and will begin building what could be H-E-B's most anticipated store yet: Meyerland.   (full story)

  • Toys R Us may close up to 200 stores, reports say
    ( - 12/21/2017)
  • The toy retailer's U.S. sales have dropped about 15 percent from last Christmas and the closures could eventually reach as high as 200...   (full story)

  • Fleet Farm to build store at Highway 19 and Interstate 39-90-94
    ( - 12/21/2017)
  • The $25 million project comes less than two years after the Brainerd, Minnesota, company was purchased by KKR of New York, one of the country’s largest investment firms, in a move designed to add stores to its lineup of 37 locations in Minnesota, Wisconsin, Iowa and North Dakota. Wisconsin is home to 18 stores, but others are planned or under construction in Kenosha, Ocononowoc, Eau Claire and Delavan.   (full story)

  • Freddy’s Expanding in Pennsylvania with 8 New Locations
    ( - 12/21/2017)
  • Freddy’s Frozen Custard & Steakburgers announced it has signed a multi-unit franchise agreement to grow its footprint in Pennsylvania, which will bring eight new restaurants to Montgomery County.   (full story)

  • Icahn's Pep Boys Acquires 10 Stores in Washington
    ( - 12/21/2017)
  • Carl Icahn's automotive business has acquired a 10-store tire dealership in the state of Washington. The stores will be rebranded under the Pep Boys — Manny, Moe & Jack brand. A spokeswoman for Icahn Automotive Group LLC confirmed the purchase of Elliott Tire & Auto Service Inc., with four stores in Seattle, plus locations in Everett, Kent, Kirkland, Mt. Vernon, Woodinville and Yakima, Wash.   (full story)

  • ZIPS Dry Cleaners opens in Santa Fe Springs, plans to open 110 SoCal locations
    ( - 12/21/2017)
  • The company, which unveiled another store in Costa Mesa earlier this year, plans to expand to 110 Southland locations over the next 15 years.   (full story)

  • Subway closed more than 900 stores this year as franchisees claim promotions have 'decimated'
    ( - 12/21/2017)
  • The sandwich chain closed 909 locations in the US in 2017, according to figures that a Subway representative provided to Business Insider...   (full story)

  • Mattress Firm chairman says company will close 200 stores
    ( - 12/21/2017)
  • Mattress Firm chairman Steve Stagner said this week that the Houston-based bedding retailer plans to close 200 stores within the next 18 months in a bid to improve performance...   (full story)

  • Bar Louie Set to Toast the Town in South Texas and Austin
    ( - 12/21/2017)
  • If you're in the South Texas Valley and Austin, your chance to experience a Bar Louie just became much more likely ... Customers can expect locations to open in South Padre Island, McAllen and Round Rock, Texas.   (full story)

  • The Brass Tap Crafts Franchise Growth and 'Great Times'
    ( - 12/20/2017)
  • Set to open eight new locations in the first quarter of 2018, the brand’s redefined craft beer business model is perfectly positioned for rapid growth in the $23.5 billion craft beer industry ...   (full story)

  • ZIPS Dry Cleaners Bringing Same-Day, One-Price Dry Cleaning to Indianapolis
    ( - 12/20/2017)
  • ZIPS has more than 50 locations open and operating throughout the Mid-Atlantic and as far as Texas and California. The company also has a total active franchise pipeline that stands at more than 250 stores, all of which are slated to open over the next several years.   (full story)

  • China’s Feihe International to buy Vitamin World, say sources: Reuters
    ( - 12/19/2017)
  • Chinese dairy products maker Feihe International Inc will acquire Vitamin World Inc out of bankruptcy for $28 million, after the U.S. nutritional supplements retailer received no other bids. The deal makes Vitamin World, based in Holbrook, New York, the latest North American company in the vitamin sector to attract Chinese acquisition interest.   (full story)

  • Wawa Opens First Northeast Florida Store With Dozens More to Come
    ( - 12/19/2017)
  • Wawa Inc. officially took up residence in northeast Florida on Dec. 3 when it opened its first two convenience stores in Duval and Clay counties. Dozens more are expected to follow over the next few years. In total, Wawa has identified 31 locations in the region, according to the report. The company expects to open six northeast Florida stores in 2018 and three to five annually for several years following, reaching 20 to 25 c-stores.   (full story)

  • Boston’s Signed 33 Franchise Agreements in 2017
    ( - 12/19/2017)
  • Boston’s Pizza Restaurant & Sports Bar, the casual dining concept that combines both a family-friendly restaurant and sports bar under one roof, is ending the 2017 year with impressive growth. The Dallas-based concept signed a total of 33 franchise agreements this past year, which will more than double the brand’s national presence.   (full story)

  • Meineke to accelerate store refurbishment program
    ( - 12/19/2017)
  • Meineke Car Care Centers' franchisor Driven Brands Inc. plans to accelerate a "light re-imaging" program of its franchised locations next year, with roughly 200 stores undergoing a refurbishment that will include refreshed interiors and exteriors. Driven Brands test-marketed the concept at about 20 stores in 2017. In addition, the franchisor is expecting the Meineke network to grow by roughly 50 locations next year, with both new and existing franchisees contributing to the growth.   (full story)

  • Kiddie Academy® Commemorates Opening its 200th Location
    ( - 12/19/2017)
  • Kiddie Academy, notes the company expects to open an additional 40 franchised locations by the end of 2018 across the U.S., including expansion into three new states­.   (full story)

  • Qdoba restaurant chain being sold for $350 million
    ( - 12/19/2017)
  • Jack in the Box is selling the Qdoba restaurant chain to private-equity firm Apollo Global Management for $350 million in cash. The chain of fast-casual Mexican restaurants has been a ...   (full story)

  • Dog-friendly restaurant chain slated for first CO location
    ( - 12/19/2017)
  • ... the restaurant is looking to open five locations in Colorado over the next three to five years ...   (full story)

  • Fresh Thyme Farmers Market's CEO Chris Sherrell Outlines Expansion Plans and a New Market
    ( - 12/19/2017)
  • Fresh Thyme Farmers Market has no plans of slowing down its rocket-speed growth anytime soon, announcing 10 new store openings slated for 2018, along with entering into its 10th state—Pennsylvania. Since opening its doors in 2014, Fresh Thyme has built up a coalition of 66 locations throughout the Midwest, and has plans to hit a 150-store mark by the year 2020.   (full story)

  • Jerome’s Furniture opens 2 more Dream Shops
    ( - 12/18/2017)
  • Jerome’s Furniture, has opened two additional Dream Shop stores in Mission Valley and Solana Beach, Calif. “The first stand-alone Dream Shop location we opened in downtown San Diego this past summer has exceeded all expectations, so we’re looking to expand the concept throughout Los Angeles, Orange, Riverside and San Bernardino counties in addition to San Diego,” said Brian Woods, CEO of Jerome’s Furniture.   (full story)

  • CEFCO Debuts New C-Stores
    ( - 12/18/2017)
  • CEFCO Convenience Stores opened two new locations this week in Mobile, Ala. and Hewitt, Texas. Each of these new locations is CEFCO’s latest 5,500-square-foot concept that CEFCO has opened over the past several years. These locations stand as the second and third locations opened, respectively, in 2017.   (full story)

  • 2017 Marks Year of Expansion for Love’s
    ( - 12/18/2017)
  • Love’s opened 36 new stores in 2017, including eight locations in December. “2017 was an active year for Love’s at the store level and beyond,” said Frank Love, co-CEO of Love’s. “We opened 36 new locations, all of which were built from the ground up, entered into the state of Montana and acquired Speedco, a well-known company serving the trucking industry.   (full story)

  • European discounters shake up U.S. retail
    ( - 12/18/2017)
  • In the U.S., consumers with an eye for a bargain are keeping the discount shopping sector buoyant. Yet as its strong growth continues to attract attention from overseas discounters, not to mention encourage expansion among existing discount brands, it’s creating a cut-throat retail environment.   (full story)

  • Sneaker mecca Sports Zone Elite files for bankruptcy protection, looks to sell
    ( - 12/18/2017)
  • Sports Zone Elite, a Beltsville-based specialty footwear retailer filed for Chapter 11 bankruptcy protection Friday amid a yearlong effort to find a buyer. The company listed between $500,000 and $1 million in assets and less than $2,566,050 in liabilities, according to the filing in U.S. Bankruptcy Court in Maryland. The petition comes after the regional shoe retailer closed more than a dozen stores this year.   (full story)

  • Under New President & CEO Jim Gregory, American Driveline Systems Targets Nationwide Growth
    ( - 12/18/2017)
  • ... Gregory said. "In 2018, we will target aggressive franchise growth in markets where there is a need ... like Dallas, Chicago, Baltimore, Washington, D.C., New York, New Jersey, and ...   (full story)

  • New taco joints opening in Upstate after 100-store franchise deal, company says
    ( - 12/18/2017)
  • A fast-food restaurant chain announced a new deal Monday that will bring at least 100 new stores to North and South Carolina and Georgia ...   (full story)

  • What's new at Meijer? The stores
    ( - 12/18/2017)
  • Meijer has completed 22 remodeled supercenters this year. In 2017, the Grand Rapids, MI-based retailer aggressively remodeled stores in key Midwestern markets, such as Cincinnati, Louisville, Indianapolis, and suburban Chicago. Six Meijer supercenters in Michigan alone were updated. This year’s remodel investment means that Meijer has now remodeled more than one quarter of its 235 stores in the last two years.   (full story)

  • Sentinel Capital Partners buys Captain D’s
    ( - 12/18/2017)
  • Sentinel Capital Partners has acquired quick-service seafood chain Captain D’s from Centre Partners Management LLC, making it the fifth restaurant chain currently in the New York City-based private-equity firm’s portfolio.   (full story)

  • After Failing At Franchising And Then Declaring Bankruptcy, Saxbys Is Competing With Starbucks
    ( - 12/17/2017)
  • He bought back all but three franchises and opened new cafés. Among the things that set Saxbys apart from Starbucks: ultra-friendly customer service from its 400 employees and the unique designs of each of its shops. Bayer, 39, says he expects his 27 cafés will bring in 2017 revenue of $15 million.   (full story)

  • Aldi Is Opening a Dozen New Grocery Stores This Month, and We Already Feel Rich!
    ( - 12/16/2017)
  • If you're lucky enough to live near one of the Aldi grocery stores around the country, chances are you're part of the cult fan base of budget-savvy shoppers who already shop here. If not, you're in luck, because the grocery chain is opening at least a dozen stores across the country this month!   (full story)

  • Aldi store expanding, hiring as it thrives near Waco H-E-B
    ( - 12/15/2017)
  • Aldi announced in February it planned to spend $1.6 billion to expand more than 1,300 stores by 2020. That effort includes the Waco store. It followed that news this summer with an announcement it would spend an additional $3.4 billion to expand its more than 1,600 stores in 35 states to 2,200 stores “from coast to coast” by 2022. It already has expanded to almost 1,700 stores. At least 400 of Aldi’s new stores will be built in Texas, Florida and on both coasts, according to Reuters.   (full story)

  • Grocery-Anchored Shopping Centers Begin to Experience Retail Headwinds
    ( - 12/15/2017)
  • Conventional wisdom posited that grocery-anchored shopping centers would be immune from the Amazon effect. While that might be the case for now, industry insiders say grocers need to adapt—not just in light of a potential threat from e-commerce players, but also because of the increasing number of competitors in the space.   (full story)

  • Minigrow is not just a smaller Honeygrow
    ( - 12/15/2017)
  • Honeygrow, a 22-unit fast-casual chain based in Philadelphia, has launched a sister concept intended for densely trafficked areas targeting the lunchtime business crowd.   (full story)

  • Muscle Maker $20M mini-IPO moves forward
    ( - 12/15/2017)
  • Muscle Maker intends to add 42 more locations next year to the 57 currently has. And a big focus will be on locations in military bases.   (full story)

  • Bruegger’s Bagels Shutters 30 Locations Nationwide
    ( - 12/15/2017)
  • Einstein Noah Restaurant Group announced it is closing 30 Bruegger’s Bagels bakeries. The restaurants are primarily in Eastern markets. The company said the decision was based on ...   (full story)

  • Charming Charlie files for bankruptcy, closing 100 stores
    ( - 12/14/2017)
  • The company plans to shutter 100 of its 370-plus stores by the end of the year, according to a court filing from the company's chief financial officer...   (full story)

  • Checkers restaurant on Kirkwood Highway nears opening
    ( - 12/14/2017)
  • And more Checkers locations – with their burgers, hot dogs, chicken, milkshakes and more – in Delaware should be on the way. Director of Franchise Development Robert Bhagwandat said he sees room for 10 additional locations throughout the state, including three more in New Castle County.   (full story)

  • Calypso St. Barth liquidating all inventory, closing stores
    ( - 12/13/2017)
  • Tiger Group and Great American Group are supervising the going-out-of-business sales at 16 boutiques in New York, Georgia, Massachusetts, Colorado, California, Florida, Arizona, Maryland and South Carolina. Valued at a total of $15 million, the inventory is drawn from 25 Calypso St Barth’s boutiques, nine of which have already closed. The remaining 16 stores will be shuttered at the close of the liquidation process. Seven additional U.S. locations were previously closed.   (full story)

  • Smart & Final replaces Ralphs in north Torrance
    ( - 12/13/2017)
  • However, the retailer is targeting more modest growth in 2018 despite seeing the opportunity for expansion into the Pacific Northwest and perhaps as many as 100 more located stores in existing markets such as Southern California.   (full story)

  • Pacific Catch Bolsters Leadership, Preps for Expansion
    ( - 12/13/2017)
  • Bay-Area based Pacific Catch, a Westcoast Fish House serving fresh seafood inspired by the culinary traditions of the Pacific, announced seasoned new executive additions as the brand gears up for expansion in 2018.   (full story)

  • Earth Fare goes into the future of promotion optimization
    ( - 12/12/2017)
  • The weight that AI carries will increase as Earth Fare continues its aggressive expansion program. “We recently opened our second store in Jacksonville, Fla., and we have another eight to go in the next 12 months and another 10 stores the year after that,” Scorpiniti says. “We’re trying to stay on a 25-percent-a-year store growth curve.”   (full story)

  • Home Improvement Retailer Busy Beaver Expands
    ( - 12/12/2017)
  • “We’re excited about our continued expansion plans for Busy Beaver during the next year across the entire region. Starting with Grove City, we’ll be pleased to offer local residents and businesses a customer-friendly store experience that addresses the needs of DIYers and supports local contractors,” Joe Kallen, CEO of the company, says.   (full story)

  • MTY Food Group growing beyond the food court with deal to buy Imvescor for $248M
    ( - 12/12/2017)
  • MTY Food Group Inc. is growing beyond the shopping mall food court with a $248-million stock-and-cash deal to buy Imvescor Restaurant Group Inc. and its full-service restaurant and grocery products businesses. The friendly deal will bring together such MTY banners as Thai Express, Vanellis and Manchu Wok with Imvescor’s Baton Rouge, Pizza Delight and Scores restaurants to create a company with a portfolio of over 5,700 stores under 75 brands.   (full story)

  • $1.8B Dallas company will soon enter 4,900 retail stores
    ( - 12/12/2017)
  • Dallas-based Interstate Batteries announced a partnership with Advance Auto Parts that will put its product in nearly 4,900 of the retailer's stores, the two companies announced today...   (full story)

  • Dave & Buster's to Grow with Smaller-Format Stores
    ( - 12/12/2017)
  • Dave & Buster’s is expecting to open 10 large stores in 2018, including eight that are about 40,000 square feet, two between 30,000–40,000, and four at 30,000 square feet or less.   (full story)

  • Mattress Firm's Expansion Left It With Too Many Stores Too Close Together.
    ( - 12/11/2017)
  • The clustered locations have come under new scrutiny in the wake of a lawsuit Mattress Firm filed in Harris County, Texas, against two of its former real estate executives, its outside broker and a group of developers.   (full story)

  • Charming Charlie files for Chapter 11 bankruptcy
    ( - 12/11/2017)
  • Fashion jewelry chain Charming Charlie LLC said on Monday it filed for Chapter 11 bankruptcy and entered into a restructuring agreement with lenders and equity sponsors. The majority of its stores and its website would operate as usual, Charming Charlie said, adding it would roll out a “back-to-basics” strategy, close underperforming locations and simplify business operations.   (full story)

  • Philly Pretzel Factory opening 25 stores in Manhattan
    ( - 12/11/2017)
  • The company just signed a contract with Gotham Food Co. of New York City to open 25 stores in Manhattan, starting next year. Gotham is the franchisee that bought the development rights from Philly Pretzel for those new stores...   (full story)

  • Why they're going gaga over Wawa in Washington, D.C.
    ( - 12/9/2017)
  • Perhaps best of all for Wawa fanatics: Gheysens said to expect as many as 10 Washington stores by 2020. A Georgetown store is in the works for next year, and another location is under contract in Chinatown, Wawa’s director of store operations told the Washingtonian magazine.   (full story)

  • Retailers' December imports to rise on last-minute restocking: NRF
    ( - 12/8/2017)
  • Imports by retailers are estimated to rise 1.5 percent in December, indicating that companies are expecting strong sales through the holiday season, according to industry group National Retail Federation.   (full story)

  • Conn’s Resumes Retail Expansion
    ( - 12/8/2017)
  • The multiregional furniture, appliance and tech chain, said it’s planning to open upward of nine new stores next year after limiting its ribbon-cutting to three locations in 2017.   (full story)

  • Exclusive: Could Rochester get an Ikea? Store scouting Henrietta sites
    ( - 12/8/2017)
  • Based on a group of new stores opening around the U.S. in 2017 and beyond, the company appears to open locations on the outskirts of major cities, or between two major cities. New and planned stores in Grand Prairie, Texas, between Fort Worth and Dallas, and just outside Norfolk, Virginia, are examples of this potential strategy.   (full story)

  • Street Retail Looks to Malls in Figuring Out Ways to Cope With Big Rents
    ( - 12/8/2017)
  • Young retail companies, e-commerce brands and even some legacy retailers looking for a brick-and-mortar presence are asking for terms long found in shopping centers—low base plus a percentage rent (meaning the retailer pays the landlord a certain percent of every dollar in sales over a certain threshold).   (full story)

  • Pedego hosts more than 200 retailers at annual dealer meeting
    ( - 12/8/2017)
  • In 2017, 24 new Pedego stores opened and DiCostanzo said the company's goal for this year was a sales growth of 30 percent. "But we didn't do that. We grew by 40 percent," he said. "So for 2018, our projection is to grow our sales by 50 percent and add 30 stores. We have 10 prospective dealers here, so we're already on our way."   (full story)

  • Six Takeaways from the ICSC New York Deal Making Conference, Day One
    ( - 12/8/2017)
  • “I think last year a lot of people were a little unsure of the future, but I think the year has shown that retail is here to stay,” said Jeremy Schwartz, a senior associate of retail services at Avison Young, a commercial real estate services firm.   (full story)

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