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Breaking Retail Real Estate News
  • DICK'S Sporting Goods Announces Grand Opening of Four New Stores in Three States
    (markets.businessinsider.com - 9/22/2017)
  • DICK'S Sporting Goods, the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening three new DICK'S Sporting Goods stores and one new Field & Stream store in the last weeks of September...   (full story)

  • Local Retail Legend Alís Formal Wear Sold to Iowa Company
    (houstoniamag.com - 9/21/2017)
  • Alís formal wear, the retailer that has outfitted Houston men for special occasions for generations, has been acquired by Iowa-based retailer Tip Top Tux...   (full story)

  • With Stores Closing, How Come Property Values and Tax Assessments Are Still Sky High?
    (commercialobserver.com - 9/21/2017)
  • These property assessments (which include a vacancy and loss factor) are nothing to take lightly. Of the 25,239 appeals filed last year, 10,200 were granted reductions totaling $3.5 billion, or about 9.4 percent of the total assessed value of the properties, according to a city spokeswoman.   (full story)

  • Rothman Furniture to close
    (bizjournals.com - 9/20/2017)
  • Rothman Furniture will be closing all six of its stores in Illinois and Missouri.   (full story)

  • Taco Bell plans to open 50 NYC locations in the next five years
    (fdfworld.com - 9/20/2017)
  • Taco Bell has revealed plans to open at least 50 more restaurants by 2022... five of these NYC locations will open next year...   (full story)

  • 99 Cents Only Stores Hires Advisers to Help Restructure Debt
    (bloomberg.com - 9/20/2017)
  • 99 Cents Only Stores has hired Guggenheim Partners to help cope with its $1 billion in debt, according to two people with knowledge of the matter, becoming the latest retail chain seeking assistance with a borrowing wall.   (full story)

  • Bed Bath & Beyond Falls on Q2 Earnings Miss, View Cut
    (finance.yahoo.com - 9/20/2017)
  • In fiscal 2017, management intends to open 25 new stores, while it plans to close 15 stores...   (full story)

  • Bankrupt shoe chain Aerosoles gets court OK to start shutting stores
    (reuters.com - 9/19/2017)
  • Womenís shoe chain Aerosoles Group received initial court approval on Tuesday for shutting its stores just days after declaring bankruptcy...   (full story)

  • Big Lots unveils new brand positioning, store prototype
    (homeandtextilestoday.com - 9/19/2017)
  • Big Lots will renovate 180-200 stores to the new format each year over the next three years. It will take five to seven years to convert the entire chain.   (full story)

  • Walgreens to grow by 1,932 stores with Rite Aid deal
    (chicagotribune.com - 9/19/2017)
  • After years of trying, Walgreens Boots Alliance has received clearance from the Federal Trade Commission to expand its business through the purchase of 1,932 Rite Aid stores for $4.38 billion.   (full story)






     

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