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Breaking Retail Real Estate News
  • Sprint Expands in Texas with 79 New Retail Stores Creating More Than 550 Jobs
    (finance.yahoo.com - 4/24/2017)
  • Sprint continues to expand its presence and investment in Texas with plans to add more than 550 new jobs and 79 new retail locations across the state by the end of 2017...   (full story)

  • L.L.Bean to Open its First Store in Utah
    (broadwayworld.com - 4/24/2017)
  • L.L.Bean is pleased to announce that it will be opening its first Utah store in Park City in the winter of 2017 or spring of 2018...   (full story)

  • Amid restructuring, Sears CFO departs after 7 months on the job
    (retaildive.com - 4/24/2017)
  • Sears Holdings Corp. on Friday announced that CFO Jason Hollar has resigned from the company “to pursue another career opportunity” after seven months in the role...   (full story)

  • CoreLife Eatery: Syracuse-area chain plans to open 20 to 30 restaurants in next year
    (syracuse.com - 4/24/2017)
  • CoreLife Eatery plans to open as many as 30 restaurants across the nation in the coming year...   (full story)

  • Vacant department stores make way for beer houses, high-end sushi joints
    (cnbc.com - 4/21/2017)
  • By the time August rolls around, there will be about 350 fewer J.C. Penney, Macy's, Sears and Kmart stores at shopping centers across the U.S. For some of those properties, the loss of these stores could be the final blow that puts them out of business. Yet in other instances, the vacancies will provide landlords an opportunity to reinvent the space for more in-demand tenants — allowing them to charge a higher rent, to boot.   (full story)

  • Bebe to Liquidate Stores
    (apparelnews.net - 4/21/2017)
  • Bebe Stores Inc. announced April 21 that it will liquidate its stores and inventory housed in those stores. The announcement, filed with the Security and Exchange Commission, forecast that the San Francisco Bay Area-headquartered mall retailer will close all of its physical stores by the end of May.   (full story)

  • The Fresh Market shutters five stores, expands new look in S.C.
    (supermarketnews.com - 4/21/2017)
  • The Fresh Market is closing five stores in the coming weeks while continuing its effort to reposition as a more mainstream grocer with the rollout of its new format to additional locations...   (full story)

  • Party kicks off opening events for Cedar Park 365 by Whole Foods store
    (statesman.com - 4/20/2017)
  • The 30,000-square-foot store – the first 365 location in Texas – is set to open its doors at 9 a.m. Wednesday. It’s located in The Parke, a new shopping center at 5001 183A toll road...   (full story)

  • ThinkGeek Store Opening At Ocean County Mall
    (patch.com - 4/20/2017)
  • ThinkGeek is opening Friday, April 21 in the mall...The Ocean County Mall store is the first in New Jersey...   (full story)

  • Not Just a Fad: Pop-Up Stores Shore Up Rough Retail Real Estate Market
    (glossy.co - 4/20/2017)
  • With the look and feel of the store changing, long-term leases for retailers are becoming less common, as brands look for more flexibility: The average length of a retail lease has shrunk to five years, down from 20 years in 1991, according to commercial real estate services firm CBRE. Pop-up shops and temporary experiential retail spaces are becoming increasingly appealing.   (full story)






     

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