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Breaking Retail Real Estate News
  • Target's Canadian Disaster: What Will it Mean for Future Retail Expansion?
    ( - 1/29/2015)
  • Coming relatively soon after Tesco's rather disastrous foray into U.S. retailing with Fresh & Easy, the obvious question is why did this happen and what impact will it have on future global expansion plans for retailers. There are a number of already published commentaries on what went wrong, as this business struggled from the very outset. We'll boil it down to a few key points...   (full story)

  • Meijer expanding into Wisconsin with four stores, more planned
    ( - 1/29/2015)
  • Meijer is preparing to expand into Wisconsin with four stores that will open in the greater Milwaukee area this summer. The retailer has plans to open two to three new Wisconsin stores in each of the next four years.   (full story)

  • Retail Development Nears Peak Level
    (National Real Estate Investor - 1/29/2015)
  • Retail development in 2014 neared the peak level seen during the last economic expansion, and the frantic pace will continue throughout this year. Last year, developers delivered 23.7 million sq. ft. of new retail space, according to research from DTZ. That total includes grocery-anchored and power centers, along with malls and outlet centers. It doesn't include urban retail or single-tenant buildings like banks or drug stores.   (full story)

  • French jewelry chain to open first U.S. stores
    (ICSC - 1/29/2015)
  • French costume-jewelry design chain Les Nereides is opening its first U.S. store next month in Chicago. This will be the retailer's 41st store worldwide and is one of 10 the company is planning for the U.S. over the next few years. The store will operate in the Block Thirty Seven mall.   (full story)

  • Saladworks Plans for 2015 to be Year of the Salad
    (QSR - 1/29/2015)
  • Saladworks announced major growth accomplishments in 2014, setting up 2015 to be the Year of the Salad. In 2015, Saladworks expects to open 17 new restaurants both nationally and internationally. The first locations in 2015 include openings in Grand Rapids, Mich., Boston, Mass., Doha, Qatar, and Richmond, Va.   (full story)

  • Walk-On's Announces First Franchisee
    ( - 1/29/2015)
  • Little more than three months after announcing the official launch of its franchising program, Walk-On's Enterprises has enlisted its first franchise partner. Earlier this month, Walk-On's Enterprises broke ground on a new company-owned restaurant in Houma, LA. Another location is projected to open this November in Zachary, with a third planned for Juban Crossing by year's end. Several additional markets across the Southeastern United States are likewise on the drawing board.   (full story)

  • East Coast Wings & Grill Dominates the Casual Dining Sector with Record Sales in 2014
    ( - 1/29/2015)
  • As the growth of the restaurant sector remains a front runner in the franchise industry, East Coast Wings & Grill, a North Carolina-based chicken franchise concept, experienced a banner year in 2014 with record sales. With plans to open eight new restaurant locations in 2015, the company has kicked off the year with a signed deal in Greenville, South Carolina.   (full story)

  • PizzaRev Celebrates Two Record-Breaking Openings in Bakersfield, CA
    ( - 1/29/2015)
  • PizzaRev announced today a record breaking entrance into Bakersfield, CA. The fast-casual build-your-own pizza concept opened two locations in the last two weeks in Bakersfield, CA, where the crew achieved a record 200 pizzas crafted per hour at peak traffic times. The company is on-track to open eight restaurants by the end of Q1 2015.   (full story)

  • Coach's Sales Continue to Plummet, But the Relative Success of Its New Stores Offers Hope
    ( - 1/29/2015)
  • By the holiday period, Coach had opened 20 stores under its new design concept globally, and the plan is to open another 50 to 60 and renovate 150 existing stores throughout 2015. The company has closed 53 North American locations so far this fiscal year and is on track to shutter 70 by year's end.   (full story)

  • Jones New York to close stores, discontinue wholesale business and review options for brand
    ( - 1/29/2015)
  • The company said that it will close 127 Jones New York Outlet stores and discontinue its wholesale business over the course of 2015. It also said it will pursue strategic alternatives for the brand, but did not say what was under consideration.   (full story)


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