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Breaking Retail Real Estate News
  • The Road to 100 Units Begins for Melt Shop
    (qsrmagazine.com - 10/19/2017)
  • Since the fast casual concept Melt Shop opened its first location six years ago, its executives have always envisioned it as a ... and has opportunities domestically in U.S. markets including Florida, the Midwest, and the Northeast, and in international markets such as ...   (full story)

  • Gordmans wins OK for liquidation plan
    (retaildive.com - 10/19/2017)
  • A federal bankruptcy court on Wednesday approved Gordmans Stores’ liquidation plan that transfers the bulk of its assets to another retailer and pays off the chain’s secured creditors...   (full story)

  • What Will Be the Impact of Retail Landlords Taking a Black Friday Holiday?
    (nreionline.com - 10/19/2017)
  • The decision to close stores does not mean landlords and retailers will starve their companies’ bottom lines while indulging in traditional holiday feasting. The National Retail Federation expects 2017 holiday sales in November and December to increase between 3.6 percent and 4.0 percent for total sales of $678.75 billion to $682 billion.   (full story)

  • Target will balloon store remodel slate
    (homeandtextilestoday.com - 10/19/2017)
  • Opening its first mid-town Manhattan store tomorrow, Target has announced that it is dialing up the pace of remodels – way up.   (full story)

  • Why Walmart's Grocery Business Won't Get Destroyed by Its New European Rivals
    (thestreet.com - 10/18/2017)
  • Will cut-rate German grocers Aldi and Lidl destroy Walmart Stores Inc. as they rapidly expand their U.S. presence? Probably not.   (full story)

  • Aldi announces site for next Jacksonville store
    (jacksonville.com - 10/18/2017)
  • Aldi is planning a store in San Jose Plaza, which is immediately north of Claire Lane. It’s one of three stores the German chain plans to open next year in the Jacksonville area...   (full story)

  • Aldi plans to remodel 13 of its Baltimore-area stores by the end of next year.
    (baltimoresun.com - 10/18/2017)
  • Discount grocer Aldi will reopen a remodeled store Friday...Aldi plans to remodel 13 of its Baltimore-area stores by the end of next year...   (full story)

  • Florida Favorite Anthony’s Coal Fired Pizza Will Soon Open in Chicago’s Suburbs
    (chicago.eater.com - 10/18/2017)
  • Anthony’s brass plans to open eight to 12 pizzerias in the Chicago market over the next four to five years...   (full story)

  • Bob's Discount Furniture enters Los Angeles market with 6 stores in 2018
    (furnituretoday.com - 10/18/2017)
  • The nine store openings in a single day will take Bobs' total to 98 stores nationwide.   (full story)

  • Macaroni Grill files for bankruptcy protection
    (nrn.com - 10/18/2017)
  • Romano’s Macaroni Grill filed for Chapter 11 bankruptcy protection on Wednesday amid store closures and a restructuring of the casual-dining chain's operations.   (full story)

  • Hanesbrands acquires Alternative Apparel
    (seekingalpha.com - 10/18/2017)
  • Hanesbrands announces a deal to acquire privately-held Alternative Apparel in an all-cash transaction valued at ~$60M on an enterprise basis...   (full story)

  • ZIPS Dry Cleaners Inks Agreement for Five Stores in Tampa Bay
    (franchising.com - 10/18/2017)
  • ZIPS Dry Cleaners - an aggressively expanding dry cleaning franchise known for its same-day, one-price business model - has signed a franchise agreement for the development of five stores throughout greater Tampa Bay.   (full story)

  • Le Macaron French Pastries Announces Development Plans for California
    (franchising.com - 10/17/2017)
  • Le Macaron French Pastries, an Florida-based elegant French patisserie franchise, recently announced plans to introduce more than 15 locations in targeted communities throughout California. The community-focused brand will ignite growth through strategic   (full story)

  • Scooter’s Coffee Builds Iowa Presence
    (franchising.com - 10/17/2017)
  • Scooter’s Coffee, LLC, the Midwest-based drive-thru coffee franchise that is on track for another record-breaking year of growth, is deepening its roots in Greater Des Moines as it brings its world-class drive-thru coffee to Ankeny and Johnston.   (full story)

  • Domino’s Demolishes Competition With 3rd-Quarter Performance
    (gurufocus.com - 10/17/2017)
  • During the third quarter, net store growth was 217, with 53 net new domestic stores and 164 net new stores internationally...   (full story)

  • How To Create A Growth Map To Build Branch Expansion
    (retailtouchpoints.com - 10/17/2017)
  • Last fall, The Wall Street Journal spoke with two e-Commerce-driven retail brands, Warby Parker and Bonobos, about their expansion into physical locations as showrooms for their products. Both brands see a future that includes more brick-and-mortar locations.   (full story)

  • Cricket Wireless Opens 3 New Stores Around Miami
    (patch.com - 10/17/2017)
  • Three new Cricket Wireless stores have opened around the Miami area...   (full story)

  • Roots Lowers Price of Canada IPO to C$12 a Share
    (bloomberg.com - 10/17/2017)
  • Roots said in a regulatory filing it sees ample room for growth by expanding its e-commerce presence and opening new brick-and-mortar stores...as many as 14 in the U.S., including in cities like Boston, Philadelphia, Detroit, Washington and Chicago...   (full story)

  • Bojangles’ Famous Chicken and Biscuits expanding in Jacksonville
    (jacksonville.com - 10/17/2017)
  • Bojangles’ Famous Chicken and Biscuits, which has had a presence in Jacksonville for the past 10 years, is looking to expand ... has signed on for five Jacksonville locations but has plans for more.   (full story)

  • Miami Grill looking to expand, pursuing additional sites in region
    (jaxdailyrecord.com - 10/17/2017)
  • Regency’s Miami Grill, which opened Oct. 9, likely is the first of several coming to Northeast Florida. Robert Haar, vice president of franchise development, toured five sites last week, focusing on existing available fast-food restaurants. He’s also open to building new projects.   (full story)

  • Yesway Acquisition of Mad Max Falls Through
    (cstoredecisions.com - 10/17/2017)
  • The acquisition of nine Mad Max Convenience Stores by Yesway will not be completed, CSD has learned.   (full story)

  • Pop-Ups Are Popping Up in Malls
    (designretailonline.com - 10/17/2017)
  • “We needed to create a new product category to allow brands to come earlier on in their life cycle to physical retail.”   (full story)

  • Vail Resorts to buy The North Face and Columbia stores in Breckenridge
    (vaildaily.com - 10/17/2017)
  • Vail Resorts announced Monday it has agreed to buy three more stores in Breckenridge, adding The North Face, Columbia and Main Street Outlet to the ski giant’s existing lineup of Main Street retail...   (full story)

  • Camping World Holdings acquires Cooper’s RV Center, in the greater Pittsburgh market
    (seekingalpha.com - 10/17/2017)
  • Camping World Holdings continues its rapid expansion of RV dealerships with the planned acquisition of Cooper’s RV Center, in the greater Pittsburgh market...   (full story)

  • The Tile Shop Reports Third Quarter 2017 Results
    (markets.businessinsider.com - 10/17/2017)
  • The Company opened four new retail stores in the third quarter of 2017, consisting of its first two Houston area locations...   (full story)

  • Target this week opening a dozen stores, including one in Uptown
    (startribune.com - 10/17/2017)
  • The retailer is opening 32 new stores this year, most of them with the smaller format, and is planning to ramp up the pace in the next couple of years to 40 new stores a year.   (full story)

  • Beyond Delivery and DiGiorno: Why Fast-Casual Pizza Is So Hot
    (www.eater.com - 10/17/2017)
  • According to experts monitoring the fast-casual restaurant industry, pizza enjoys the lion’s share of the fast-casual restaurant market. Heather Lalley, an editor at Restaurant Business, says that overall growth in the fast-casual restaurant industry grew by 8.1 percent in 2016. Of that, pizza is currently the largest sector at 37 percent of fast-casual restaurants.   (full story)

  • Dick’s Sporting Goods plans three new Seattle-area stores
    (bizjournals.com - 10/16/2017)
  • Dick’s has been bucking a retail trend by betting on new brick-and-mortar stores in malls and shopping centers.   (full story)

  • New Survey Reveals Why Consumers Shop In Store Vs Online
    (apparelmag.com - 10/16/2017)
  • "Our survey tells us that consumers shop at brick-and-mortar retailers, primarily for discounted merchandise, food, drug, and health and beauty aids, as well as for consumer electronics, appliances, building supplies and clothing," said Kristin MacMillan, president of Imprint Plus.   (full story)

  • Family-owned Culver's sells minority stake to Atlanta private equity firm
    (bizjournals.com - 10/16/2017)
  • The Wisconsin restaurant company behind the Culver's burger chain has sold a minority interest to Atlanta-based private equity firm Roark Capital Group as the family-owned company seeks to solidify a succession plan for the future ... Growth plans are expected to proceed at the company's current rate, with Culver's on track to open 39 new locations in 2017 ...   (full story)

  • Brooks Brothers To Celebrate 200th Anniversary At Pitti Uomo In January
    (mr-mag.com - 10/16/2017)
  • America’s oldest apparel brand Brooks Brothers will celebrate its milestone 200-year anniversary in 2018.   (full story)

  • NRD Capital buys struggling Ruby Tuesday
    (nrn.com - 10/16/2017)
  • NRD Capital, an Atlanta-based private-equity firm, has agreed to buy long-struggling casual-dining chain Ruby Tuesday Inc. in a deal valued at $335 million, the companies ...   (full story)

  • Punch Bowl Social: The Next Big 'Eatertainment' Chain
    (foodnewsfeed.com - 10/16/2017)
  • “Would you like to play ping-pong after you finish your meal?” might be an apt question for a server to ask a customer at the fast-growing Denver-based restaurant chain Punch Bowl Social. It’s opening its 11th outlet by the end of 2017 and plans six more (in 2018).   (full story)

  • The Uptown location is one of 12 new Target store openings this week
    (tcbmag.com - 10/16/2017)
  • The Uptown location is one of 12 new Target store openings this week: 11 small-format stores and a standard big box store opening in Honolulu...   (full story)

  • Houston-based health-focused restaurant chain plans $20M IPO
    (bizjournals.com - 10/16/2017)
  • Including international and military expansion plans, the company expects to add more than 35 new store locations throughout the U.S. and abroad by 2018...   (full story)

  • Why Natural Grocers champions food standards
    (supermarketnews.com - 10/16/2017)
  • Since 2004, the natural chain has gone from 19 stores to 140 locations in 19 states. Natural Grocers went public in 2012 to attract the capital necessary to expand rapidly, but it also allowed the company to stick closely to the core principles the Isley family instilled starting back in 1955.   (full story)

  • Nordstrom Suspends Buyout After Struggling to Get Financing
    (nreionline.com - 10/16/2017)
  • Nordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department-store industry has lost favor with both customers and investors.   (full story)

  • Blaze Pizza expanding in the Dakotas
    (minotdailynews.com - 10/16/2017)
  • Dakota Pie, LLC partnership of Mort Bank, Dave Glaser, Brad Bender, Brandon, Helbling and Mike Srnsky have secured the franchise rights to build Blaze Pizza restaurants in North Dakota and Sioux Falls, South Dakota.   (full story)

  • Pop-up shops find a permanent home at the mall
    (cnbc.com - 10/16/2017)
  • As many of America's biggest department store anchors struggle to grow sales, modular spaces with rotating up-and-coming retailers offer one solution to fill the gaps. With Appear Here now growing rapidly in the U.S., the future of retail looks to include more pop-ups.   (full story)

  • These are the businesses still immune to Amazon
    (qz.com - 10/15/2017)
  • Last month, Morgan Stanley Research surveyed investors at its “Amazon Disruption Symposium,” asking which consumer sectors the survey-takers thought would take the longest for Amazon to “materially disrupt.” The most popular choice was dollar stores.   (full story)

  • 9 Ways the Best CRE Properties Operate Differently
    (cpexecutive.com - 10/14/2017)
  • Even when capital markets are at their frothiest, commercial property values are still linked to the underlying net operating income produced by occupancy and rental rates.   (full story)

  • Halloween spending projected to set record at $9.1B
    (nypost.com - 10/14/2017)
  • Halloween 2016 saw ghosts and goblins of all ages plunk down a record $8.4 billion for the occasion, a figure that is projected to rise a further 8.3 percent this year, to $9.1 billion, a growth rate far in excess of both US gross domestic product and overall retail.   (full story)

  • Step Into Store 411 to See Pilot Flying J's Future
    (csnews.com - 10/14/2017)
  • Pilot Flying J kicked off 2017 with the announcement that it was going to invest nearly $500 million to renovate existing locations over the next five years. Dubbed the Facility Enhancement Plan, the company will reimage approximately 45 stores this year and 50 next year.   (full story)

  • Trader Joe’s Rolls Out Three New Locations
    (designretailonline.com - 10/13/2017)
  • The company has rolled out a total of 14 new stores this year, rounding out its portfolio to 474 locations.   (full story)

  • What Is the True Number of Store Closings for 2017?
    (nreionline.com - 10/13/2017)
  • The similarities ended there. IHL included expanding brands such as Couche-Tard, O’Reilly Auto, Tractor Supply and Sally Beauty on its list, while Fung Global counted many more traditional mall and community center constituents, such as Five Below, Ross Stores and Sephora.   (full story)

  • U.S. retail sales surge, driven by autos and gasoline purchases
    (reuters.com - 10/13/2017)
  • Last month’s increase in retail sales was the largest since March 2015.   (full story)

  • Builders offer a new perk: a very short walk to the grocery
    (bostonglobe.com - 10/13/2017)
  • The apartment buildings popping up across Greater Boston lately have all sorts of attractions at street level. Fancy gyms. Coffee shops. Bars. And, increasingly, supermarkets.   (full story)

  • Whole Foods to close Bellevue 365
    (produceretailer.com - 10/13/2017)
  • To date, it has opened concept stores Akron, Ohio, Santa Monica, Calif., and another is slated to open soon in Concord, Calif. The company reportedly plans to open 17 more in nine states...   (full story)

  • DICK'S Sporting Goods Announces Grand Opening of Five New Stores in Three States
    (markets.businessinsider.com - 10/13/2017)
  • DICK'S Sporting Goods, the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening five new DICK'S Sporting Goods stores during the remaining weeks of October...   (full story)

  • Kwik Trip Begins Taking Ownership of PDQ Food Stores
    (csnews.com - 10/13/2017)
  • The company added it plans to invest $30 million to $40 million in the PDQ stores to bring them up to Kwik Trip standards.   (full story)






     

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