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Breaking Retail Real Estate News
  • Mills family to sell Fleet Farm chain of megastores
    ( - 10/9/2015)
  • Mills Fleet Farm is for sale. The chain of giant, distinctively Midwestern general stores with orange silos, is facing opportunities and challenges too big for the third generation of family ownership, executives told employees.   (full story)

  • Uniqlo scaling back its US ambitions after earnings miss estimates
    ( - 10/9/2015)
  • Fast Retailing CEO Tadashi Yanai has clearly and often expressed his ambitions to overtake H&M and Zara as a worldwide fast-fashion apparel retailer. But it looks like the force and speed of Uniqlo’s expansion in the U.S. has been too much, too soon.   (full story)

  • Holiday Hiccup: Retail Sales Growth Expected to Slow This Season
    ( - 10/8/2015)
  • U.S. retail sales this holiday season will grow at a slower pace than last year, with consumers spending more of their disposable income on services than gifts, the National Retail Federation said.   (full story)

  • Retail Landlords Keep Pushing Rents Up
    ( - 10/8/2015)
  • That’s the direction rental rates for retail properties have been going for the past several years. In fact, rates in some core and urban markets have even surpassed the previous cycle’s peak. So now the question is: can landlords continue to increase rents without tenants pushing back?   (full story)

  • Russo’s Restaurants outperform 2015 sales projections
    ( - 10/6/2015)
  • Russo’s plans to open an additional seven restaurants by the end of 2015 throughout markets such as Austin, Dallas, Houston and the Middle East. "We are advancing our strategic growth plan in 2016 with plans to add 20 to 30 restaurants in the next three years.   (full story)

  • In Operation for More than a Century, Standard Optical Plans More Growth Under Third and Fourth Gene
    ( - 10/6/2015)
  • After opening its 19th store this year, in South Jordan, Utah, both Stephen and Aaron told dba they have plans to expand further. While all locations are currently in the state of Utah, Aaron suggested that some “surrounding markets are very interesting,” citing Idaho, Oregon, Washington and Colorado. They told dba that they have a goal of 60 locations in three years.   (full story)

  • Workwear retailer Duluth Trading files to sell shares to the public
    ( - 10/6/2015)
  • Duluth now has 10 stores open or leased for future openings. It says it expects to unveil three to five new stores next year, then accelerate the number of openings. "We have identified markets with the potential for approximately 100 U.S. store locations," the firm said in its filing.   (full story)

  • Peet’s Buys Stumptown Coffee Roasters
    ( - 10/6/2015)
  • Peet’s Coffee & Tea gave the coffeescenti something to buzz about with the announcement on Tuesday that it was buying Stumptown Coffee Roasters, a high-end specialty coffee company that has developed a cult following.   (full story)

  • At Home may add store in Greenfield
    ( - 10/6/2015)
  • "At Home can confirm we are evaluating a site in Greenfield," ... currently has more than 90 stores in 26 states and is expanding rapidly. It has opened 45 new stores in its last five fiscal years, including 16 last year. It plans to launch 20 stores this year and at least 20 more ...   (full story)

  • A&P reveals first bid winners; most stores go unsold
    ( - 10/6/2015)
  • Only one in three A&P stores that went up for auction last week came back with bids, the retailer revealed in a document filed with U.S. Bankruptcy Court late Monday. Of the 108 stores in the first auction, 36 received winning bids ...   (full story)


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