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Breaking Retail Real Estate News
  • Couche-Tard Acquiring CST Brands in $4.4B Deal
    (csnews.com - 8/22/2016)
  • Alimentation Couche-Tard Inc. is acquiring CST Brands Inc. in a $4.4-billion deal. The merger agreement announced Monday morning brings an end to months of speculation about the future of locally based CST.   (full story)

  • Southern Season Sold at Auction
    (gourmetretailer.com - 8/22/2016)
  • After a startlingly quick roller coaster ride, Chapel Hill, N.C.-based Southern Season was sold at auction on Friday, Aug. 19, to Montchanin, Del.-based Calvert Retail LP. Calvert owns six Kitchen & Company stores (three in Delaware, and one each in North Carolina, South Carolina and New Hampshire) and two Reading China & Glass stores, both in Pennsylvania.   (full story)

  • Frank's Auto stores becomes part of O'Reilly Auto Parts
    (heraldstandard.com - 8/22/2016)
  • The five Frankís Auto Supermarket stores have become part of a national chain that recently began expanding into Pennsylvania. Frankís outlets in Uniontown, Washington, Greensburg and the outskirts of McKeesport and Indiana bring to seven the total number of OíReilly stores in the state.   (full story)

  • Michael Hillís US Comps Rise but Still Disappoint
    (jckonline.com - 8/22/2016)
  • Michael Hillís U.S. comps rose 3.5 percent in its latest fiscal year, falling short of both expectation and budgets, the company said. Still, the company stressed that it is committed to this marketóand eventually hopes to open as many as 400 U.S. stores.   (full story)

  • Monro buying Clark Tire, six others
    (tirebusiness.com - 8/19/2016)
  • Monro Muffler Brake Inc. continues to grow by acquisition, this time striking a deal to buy Clark Tire & Auto Inc. ó 26 stores in North Carolina ó and closing six other deals comprising nine stores.   (full story)

  • Ross Stores Tops Q2 Earnings & Sales, Stock Gains
    (zacks.com - 8/19/2016)
  • Shares of Ross Stores Inc. rose 2.6% in the after-hours trading session yesterday after the company reported robust second-quarter fiscal 2016 results ... During the fiscal second quarter, the company opened 24 new Ross and 7 ddís DISCOUNTS stores, remaining on track with its store growth plans ... to open 90 new locations, including ...   (full story)

  • Struggling American Apparel exploring sale options
    (retaildive.com - 8/19/2016)
  • American Apparel has hired investment bank Houlihan Lokey Inc. to explore sale options, insiders said. Earlier this year the company prevailed in a bitter fight against founder Dov Charney, who sought to buy out American Apparel for ...   (full story)

  • An inside look at the top 50 brands in quick service and fast casual.
    (qsrmagazine.com - 8/19/2016)
  • Fast casual has stormed the QSR 50 in the last few years, with Panera Bread entering the top 10 and Chipotle close at its heels. That trend continued in 2015; Panera and Chipotle each padded their sales, with the latter leap-frogging both Sonic and KFC in the rankings.   (full story)

  • Nekter Juice Bar pressing out Q2 growth
    (fastcasual.com - 8/18/2016)
  • Q2 has ended with Nekter Juice Bar signing agreements to open 41 new restaurants throughout its existing markets, as well as new markets, including Salt Lake City, Houston and Sacramento, according to a company press release. With 58 restaurants now open in California, Arizona, Nevada, Texas and Colorado, this represents a 71 percent increase in store count.r Juice Bar.   (full story)

  • The Secret Sauce Behind Pop-Up Store Popularity Featured
    (retailtouchpoints.com - 8/18/2016)
  • While pop-up stores have been a growing avenue for retailers seeking to build an alternative brick-and-mortar presence, the changes in consumer behavior have taken these shop concepts from a niche strategy to a go-to brand builder.   (full story)






     

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