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Breaking Retail Real Estate News
  • Amazon's Store Plans Likely To Benefit Retail Landlords
    (seekingalpha.com - 2/12/2016)
  • ... If the supposed Grim Reaper of retail real estate is spending tons of money to lease stores, it is good news, and Amazon has been pretty successful, to say the least, at making itself a visible brand. Could online retail save the brick-and-mortar-retail sector?   (full story)

  • LifeWay to close stores on 3 seminary campuses
    (bpnews.net - 2/12/2016)
  • LifeWay Christian Stores are closing at three Southern Baptist seminary campuses, the retail chain confirmed to Baptist Press Feb. 10. The LifeWay Christian Stores chain also confirmed the closure of its longtime downtown Nashville location due to the sale of SBC entity's 14.5-acre campus last November and the relocation of its offices to a new ...   (full story)

  • Sun Capital affiliate completes acquisition of FFO Home
    (furnituretoday.com - 2/11/2016)
  • Private investment firm Sun Capital Partners here has acquired Top 100 company FFO Home in a deal that will accelerate the retailerís expansion pace. A Sun Capital affiliate acquired the 36-store Fort Smith, Ark., retailer from Alpine Investors for an undisclosed amount.   (full story)

  • Skechers plans to open as many as 340 stores this year
    (retaildive.com - 2/11/2016)
  • Footwear company Skechers Wednesday reported Q4 net income of $29.4 million, compared to $21.9 million year over year ... Skechers also says it plans to open some 330 to 340 stores worldwide this year. By the end of the year that will give the retailer 1,650 stores globally; 575 of those will be company-owned, and about 500 will be in the U.S.   (full story)

  • Kiddie Academyģ Named a Fastest Growing Franchise for 2016
    (prnewswire.com - 2/11/2016)
  • Kiddie Academy, a nationally recognized provider of comprehensive education-based child care programs, was recently named a "Fastest Growing Franchise for 2016" by Franchise Gator, a leading internet directory of franchise and business opportunities for entrepreneurs. Kiddie Academy was ranked fifth on the ...   (full story)

  • RAVE Restaurant Group, Inc. Reports Second Fiscal Quarter Financial Results
    (prnewswire.com - 2/10/2016)
  • RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the second quarter of fiscal 2016 ended December 27, 2015 ... 14 new Pie Five restaurants were opened, comprised of three Company-owned restaurants and eleven franchised restaurants, bringing the fiscal quarter-end total unit count to 82 restaurants ... The Company currently has franchise restaurant development commitments totaling approximately 450 Pie Five ...   (full story)

  • MOD Pizza Opens 100th Store
    (qsrmagazine.com - 2/10/2016)
  • MOD Pizza opened its 100th U.S. store, located in Downey, California. This year the company expects to continue opening new stores at an accelerated pace, doubling its footprint and bringing locations to six new U.S. markets, as well as the United Kingdom. With a current employee base of 2,200 MOD Squad team members, this rapid growth will create more than 2,500 new jobs for passionate individuals looking to join the MOD Squad team in 2016.   (full story)

  • Mrs. Winnerís Chicken & Biscuits Plans Strong Resurgence across Southeastern Markets
    (restaurantnews.com - 2/10/2016)
  • Mrs. Winnerís Chicken & Biscuits, the beloved Southeastern quick-service restaurant brand, will soon be serving its legions of loyal guests once again as the company returns to cities and towns across the Southeast. The first wave of growth will be in Atlanta, where Mrs. Winnerís has signed two franchise deals set to bring six new restaurants to the market, one of which debuts this month ... Within the next five years, the company expects to add 100 new restaurants throughout ...   (full story)

  • Saks Off 5th announces first Gilt store-within-a-store
    (retaildive.com - 2/10/2016)
  • Hudsonís Bay Co.-owned Saks Fifth Avenue Tuesday said it will unveil its first Gilt store-within-a-store at a new Saks Off 5th in midtown Manhattan in New York on March 3. The arrangement will maintain many aspects of Giltís flash-sales approach, including limited time offers as well as opportunities to shop the online Gilt site from comfortable places within the store.   (full story)

  • NRF forecasts retail sales to grow 3.1 percent in 2016
    (nrf.com - 2/10/2016)
  • The National Retail Federation released its 2016 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations and restaurants) will grow 3.1 percent, higher than the 10-year average of 2.7 percent. NRF also announced today it expects non-store sales in 2016 to grow between ...   (full story)






     

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