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Breaking Retail Real Estate News
  • Bridgestone Wants to Add at Least 800 Company-Owned Stores
    (moderntiredealer.com - 6/23/2016)
  • Last yearís attempt by Bridgestone Retail Operations LLC to acquire Pep Boys ó Manny, Moe & Jack wasnít a random shot at growth. It was one gigantic step to fulfill Bridgestoneís plan to increase its footprint to at least 3,000 tire and service centers in the U.S. One failed deal aside, the company isnít backing down from its plan to grow.   (full story)

  • Les Schwab moving into S. California
    (bendbulletin.com - 6/22/2016)
  • Les Schwab Tire Centers, based in Bend, is expanding this year into Southern California with five new stores scheduled to open this month and in July, according to a company executive.   (full story)

  • Pieology acquires competitor Project Pie
    (nrn.com - 6/22/2016)
  • Pieology Pizzeria has acquired the competing Project Pie fast-casual pizza chain, the company said Wednesday ... ďThe Project Pie purchase provides us with an opportunity to strategically accelerate our growth ...   (full story)

  • Small businesses shake up the mix at local malls
    (cnbc.com - 6/21/2016)
  • When a 4,000-square-foot space opened up at Town Center Corte Madera, an open-air shopping center near San Francisco, Colliers International had a choice. The brokerage firm could seek out another large tenant to fill the space, or divide it into two less-expensive locations that would be friendlier to small businesses.   (full story)

  • Neiman Marcus is looking for a buyer
    (nypost.com - 6/21/2016)
  • Struggling under a toxic combination of a staggering $5 billion debt load and flagging sales, Chief Executive Karen Katz traveled recently to China to meet with potential buyers, according to a source familiar with the situation.   (full story)

  • Modell's, Sports Direct considering joint bid for Sports Authority
    (retaildive.com - 6/21/2016)
  • ... reported talks are a last-ditch effort to salvage the Sports Authority name or any of its stores. The ailing retailer is in advanced talks about a potential sale of 100 to 200 locations, according to its own Friday court filing ...   (full story)

  • Midwest pizza chain plans Colorado expansion
    (coloradoan.com - 6/20/2016)
  • Two Taco Johnís franchise veterans are teaming up to give pizza a try. Todd Geatches and Clayton Hartman have signed an agreement to bring 27 Toppers Pizza franchises to Colorado over the next ...   (full story)

  • Blue Moose moves into Manhattan market
    (cjonline.com - 6/20/2016)
  • The Blue Moose Bar & Grill is expanding into the Manhattan market, with plans to open a two-story restaurant in the Manhattan Town Center Mall and is building one in the 6th Street and Wakarusa Drive area in Lawrence ...   (full story)

  • Is Dollar General's Growth Sustainable?
    (seekingalpha.com - 6/20/2016)
  • Dollar General just reported another quarter of phenomenal revenue growth. That raises the question: is the company making enough money to sustain; or justify, its ambitious expansion plans? ... The discounter opened 730 new stores and remodeled 881 existing locations in 2015. Dollar Generalís management hopes to open 900 stores in 2016, and 1,000 in 2017 ...   (full story)

  • Pancheros Mexican Grill launches third Minnesota location
    (fastcasual.com - 6/20/2016)
  • Bob Thomson, owner of two existing Panchero franchises in Minnesota, is opening his third location ... The company is planning to have an additional 10 restaurants open across the U.S. this year.   (full story)






     

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