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Breaking Retail Real Estate News
  • Arts and crafts retailer Michaels improves profit, sales increase
    (The Dallas Morning News - 8/27/2015)
  • During the second quarter the company opened nine new Michaels stores and relocated three ending period with 1,186 Michaels stores in 49 states and Canada and 118 Aaron Brothers stores.   (full story)

  • Gordmans Celebrates 100 Years Of Style And Savings
    (MarketWatch - 8/27/2015)
  • The company will celebrate 100 years of business this fall with a number of events, charity programs and the opening of new stores ... This summer, Gordmans opened two new stores in Lansing, MI and Edina, MN that gave the value-priced retailer the coincidental achievement of having a total of 101 stores in operation during its centennial year.   (full story)

  • Chico's Beats on Q2 Earnings, Plans to Exit Boston Proper
    (Zack's - 8/27/2015)
  • The company posted adjusted earnings of 25 cents a share ... However, including net charges related to the plan to exit the Boston Proper direct-to-consumer business and other restructuring costs, earnings came in at 2 cents a share ... Chico's opened 8 new stores and closed 12 ...   (full story)

  • Taco Johnís Franchise Expanding Into Indianapolis, Plans 15 Locations
    (restaurantnews.com - 8/26/2015)
  • Taco Johnís, one of the largest Mexican quick-service restaurant chains in the United States, has announced plans to build 15 Mexican food franchises in Indianapolis.   (full story)

  • Plus-size retailer Avenue Stores reportedly for sale
    (Retail Dive - 8/26/2015)
  • Versa Capital Management is putting its Avenue plus-size clothing stores chain up for sale. The private equity firm buys out distressed companies and steadies them for a sale; Versa bought Avenue Stores LLC three years ago.   (full story)

  • American Apparel Said to Seek Advisers for Bankruptcy Deal
    (bloomberg.com - 8/25/2015)
  • American Apparel Inc. is seeking advisers to help craft a plan to restructure the company in bankruptcy court, according to two people with knowledge of the matter.   (full story)

  • Buffalo Wild Wings Investing in Tech, Expansion and Loyalty
    (restfinance.com - 8/25/2015)
  • Buffalo Wild Wings is looking to grow big with plans for an additional 600 domestic units, extending reach into smaller markets of 15,000-20,000. Management said franchisees have expressed interest in working in smaller markets, though no timeline was given for the new units.   (full story)

  • Bealls is going after millennials with new Bunulu store
    (Tampa Bay Times - 8/25/2015)
  • Bealls Inc. wants shoppers to think of its stores as more than just a place where grandma likes to shop ... The first Bunulu store opened near Fort Myers last week. More are coming ó stores will open in Jacksonville and Palm Beach by the end of the year. Another is expected to open later   (full story)

  • Marcoís Pizza Reveals Aggressive Development Plan for the Southeast
    (businesswire.com - 8/25/2015)
  • Marcoís Pizza, the fastest-growing pizza franchise in the United States, is targeting the Southeast for growth. With hundreds of franchise locations already open and operating in the region, the company has announced plans to open more than 300 additional locations through strategic franchise partnerships in the coming years.   (full story)

  • BURGERFI Announces Their 75th Unit Opening Bringing Expanded Presence in Florida and New York
    (restaurantnews.com - 8/24/2015)
  • BURGERFI reported record-breaking earnings in 2014 and is on track for an even more successful 2015, with plans to add another 30-40 units domestically, and soon to open international locations in Mexico City, Panama and London next year.   (full story)






     

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