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Breaking Retail Real Estate News
  • L.L.Bean To Open Fourth Virginia Store
    (sgbonline.com - 1/18/2017)
  • L.L.Bean is set to expand its retail operation with the opening of its fourth store in Virginia, scheduled to open in Charlottesville in the summer of 2017. The L.L.Bean store will be located at The Shops at Stonefield, the area’s...   (full story)

  • Women's apparel retailer Limited Stores files for bankruptcy
    (reuters.com - 1/17/2017)
  • U.S. women's apparel chain The Limited filed for Chapter 11 bankruptcy protection on Tuesday after closing all 250 stores, the latest brick-and-mortar retailer to fall victim to changing tastes and online competitors.   (full story)

  • Wal-Mart plans to hire 10,000 nationwide amid expansion
    (www.dispatch.com - 1/17/2017)
  • Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations...There will be 59 new, expanded and relocated Walmart and Sam’s Clubs locations...   (full story)

  • Fazoli's Closes 2016 With 15 Consecutive Quarters Of Same-Store Sales Growth And Signing Of 11 Franc
    (finance.yahoo.com - 1/17/2017)
  • Fazoli's today announced extraordinary year-end achievements for 2016 with the signing of 11 franchise agreements to develop a total of 25 new restaurants nationwide...the brand marked a record breaking 15 consecutive quarters of same-store sales growth and opened five restaurants, most recently in Washington, Missouri and Bonaire, Georgia.   (full story)

  • Wet Seal weighs sale or bankruptcy
    (retaildive.com - 1/17/2017)
  • Wet Seal, the largely mall-based apparel retailer taken over by private equity firm Versa Capital Management in 2015, is considering a sale or bankruptcy ...   (full story)

  • Walmart looks to create 34,000 U.S. jobs in 2017
    (theproducenews.com - 1/17/2017)
  • Walmart is planning $6.8 billion of capital investments in the U.S. in the coming fiscal year, which includes construction and remodeling of stores, clubs and distribution centers, as well as the expansion of new services such as online grocery pickup. Walmart’s fiscal year begins Feb. 1   (full story)

  • JCPenney Launches Nike Shops
    (www.streetinsider.com - 1/17/2017)
  • From athletes to fashion enthusiasts, activewear continues to score big with shoppers, which is why JCPenney and NIKE, Inc. have teamed up to create inspiring Nike brand shop environments in over 600 JCPenney stores...   (full story)

  • IKEA's strategy: Stick to the basics, and expand in the US
    (www.cnbc.com - 1/16/2017)
  • While some major retailers are shuttering physical stores and shifting to a digital strategy, the Swedish-based global giant explained to CNBC's "On the Money" recently it is still growing in both areas...   (full story)

  • Award-Winning Preschool Franchise Nearing 500 Locations Nationwide
    (businesswire.com - 1/16/2017)
  • Goddard Systems, Inc., the franchisor of The Goddard School® preschool ... 27 Schools in planning stages for 2017 ... a five-year development goal of opening 150 new schools by 2020.   (full story)

  • Save-A-Lot carves niche serving communities that Publix and others overlook
    (tampabay.com - 1/16/2017)
  • Save-A-Lot made a push to double its number of stores in the southeast in 2009, and within three years opened 100 stores, including dozens more in Florida and a second distribution center. Florida is now Save-A-Lot's largest market with more than 150 stores.   (full story)






     

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