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Breaking Retail Real Estate News
  • DSW Inc. announced it will open 21 stores nationwide
    (prnewswire.com - 8/23/2016)
  • DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce the opening of 21 new stores nationwide this fall. New store growth is an important and exciting piece of the DSW formula. It allows us to bring the brand to more communities and build relationships with new customers.   (full story)

  • La-Z-Boy Reports Fiscal 2017 First-Quarter Results
    (prnewswire.com - 8/23/2016)
  • "For fiscal 2017, we are planning for approximately 30 projects, including 12 net new stores, as well as remodels and relocations that include changing out old-format stores into the new concept design format, which is performing at the highest level of our three store formats.   (full story)

  • Couche-Tard Acquiring CST Brands in $4.4B Deal
    (csnews.com - 8/22/2016)
  • Alimentation Couche-Tard Inc. is acquiring CST Brands Inc. in a $4.4-billion deal. The merger agreement announced Monday morning brings an end to months of speculation about the future of locally based CST.   (full story)

  • Southern Season Sold at Auction
    (gourmetretailer.com - 8/22/2016)
  • After a startlingly quick roller coaster ride, Chapel Hill, N.C.-based Southern Season was sold at auction on Friday, Aug. 19, to Montchanin, Del.-based Calvert Retail LP. Calvert owns six Kitchen & Company stores (three in Delaware, and one each in North Carolina, South Carolina and New Hampshire) and two Reading China & Glass stores, both in Pennsylvania.   (full story)

  • Frank's Auto stores becomes part of O'Reilly Auto Parts
    (heraldstandard.com - 8/22/2016)
  • The five Frank’s Auto Supermarket stores have become part of a national chain that recently began expanding into Pennsylvania. Frank’s outlets in Uniontown, Washington, Greensburg and the outskirts of McKeesport and Indiana bring to seven the total number of O’Reilly stores in the state.   (full story)

  • Michael Hill’s US Comps Rise but Still Disappoint
    (jckonline.com - 8/22/2016)
  • Michael Hill’s U.S. comps rose 3.5 percent in its latest fiscal year, falling short of both expectation and budgets, the company said. Still, the company stressed that it is committed to this market—and eventually hopes to open as many as 400 U.S. stores.   (full story)

  • Monro buying Clark Tire, six others
    (tirebusiness.com - 8/19/2016)
  • Monro Muffler Brake Inc. continues to grow by acquisition, this time striking a deal to buy Clark Tire & Auto Inc. — 26 stores in North Carolina — and closing six other deals comprising nine stores.   (full story)

  • Ross Stores Tops Q2 Earnings & Sales, Stock Gains
    (zacks.com - 8/19/2016)
  • Shares of Ross Stores Inc. rose 2.6% in the after-hours trading session yesterday after the company reported robust second-quarter fiscal 2016 results ... During the fiscal second quarter, the company opened 24 new Ross and 7 dd’s DISCOUNTS stores, remaining on track with its store growth plans ... to open 90 new locations, including ...   (full story)

  • Struggling American Apparel exploring sale options
    (retaildive.com - 8/19/2016)
  • American Apparel has hired investment bank Houlihan Lokey Inc. to explore sale options, insiders said. Earlier this year the company prevailed in a bitter fight against founder Dov Charney, who sought to buy out American Apparel for ...   (full story)

  • An inside look at the top 50 brands in quick service and fast casual.
    (qsrmagazine.com - 8/19/2016)
  • Fast casual has stormed the QSR 50 in the last few years, with Panera Bread entering the top 10 and Chipotle close at its heels. That trend continued in 2015; Panera and Chipotle each padded their sales, with the latter leap-frogging both Sonic and KFC in the rankings.   (full story)






     

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