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Breaking Retail Real Estate News
  • Ross sticking with bricks
    (homeandtextilestoday.com - 11/21/2014)
  • Ross Stores has no plan to launch an e-commerce channel. In fact, the off-price retailer is opening two new distribution centers with an eye to taking its store count from 1,214 units today to 2,500 in the future.   (full story)

  • Ones To Watch: Modmarket
    (QSR - 11/21/2014)
  • Pigliacampo and McColgan worked on the concept for about a year before they opened the first Modmarket location in Boulder in 2009. With an appealing position in the fast-casual segment and health-forward messaging, Modmarket is on track to build 10-12 stores in 2015 and to continue growing at that pace for several years. Pigliacampo says the long-term goal is to cement the brand's status nationally.   (full story)

  • California Tortilla enters NYC metro market
    (FastCasual.com - 11/20/2014)
  • California Tortilla has announced it will open a unit in Montvale, New Jersey in late 2014. The location will be the Washington, D.C.-based brand's first in the New York City metropolitan area.   (full story)

  • Massage Envy Spa Opens First New York City Clinic in Midtown
    (Franshising.com - 11/20/2014)
  • Massage Envy Spa, the pioneer and national leader of professional, convenient and affordable massage and spa services, announced today the opening of the brand's first New York City clinic in Midtown West. Additional clinics in Gramercy Park and the Upper East Side plan to open by the end of the year. The New York City locations join a network of more than 1,000 clinics in 49 states, the largest system of franchised massage clinics in the industry.   (full story)

  • Russo's Restaurants Targets Regional Growth throughout Maryland, Washington D.C. and Virginia
    (Franchising.com - 11/20/2014)
  • Russo's Restaurants, the founders of dining concepts that include Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen, announced today plans to significantly enhance the brands' footprint in Maryland, Washington D.C. and Virginia in order to continue expansion into key markets. An additional three to five restaurants are planned to open during the remainder of the year throughout markets like Dallas, Houston, San Antonio and Austin.   (full story)

  • Zoes Kitchen Announces Third Quarter 2014 Results
    (Business Wire - 11/20/2014)
  • Zoe's Kitchen, Inc. today reported financial results for the twelve and forty weeks ended October 6, 2014. The Company opened four restaurants during the twelve weeks ended October 6, 2014. For the forty weeks ended October 6, 2014, the Company has opened 24 restaurants and acquired two franchised restaurants. For the year ending December 29, 2014, the Company currently expects the following: 30 to 31 Company-owned restaurant openings.   (full story)

  • Gigi's Cupcakes Signs 100-Unit Franchise Agreement in South Korea
    (Business Wire - 11/20/2014)
  • Gigi's Cupcakes, America's largest cupcake and specialty baked goods franchise, has signed a master franchise agreement to develop 100 locations in South Korea in coming years. The deal marks the brand's first international expansion and highlights the global demand for cupcakes. Domestically, Gigi's Cupcakes plans to open 25 franchise bakeries in 2015 and is actively seeking franchisees to develop additional locations throughout the United States.   (full story)

  • The Buckle's 3rd-quarter net income flat; net sales up 1.9 percent
    (omaha.com - 11/20/2014)
  • The Buckle opened five stores and remodeled eight during the quarter, and so far in its 2014 fiscal year it has opened 16 new stores. Six new stores and 10 remodels are planned for 2015.   (full story)

  • Kirkland's pops on Q3 beat
    (nashvillepost.com - 11/20/2014)
  • The company opened 10 new stores during the quarter and closed one. In the fourth quarter, CEO Robert Alderson said his team expects to open 11 locations and close four, which would take the Kirkland's store count to 344.   (full story)

  • Cultivating independent tenants can be a worthwhile investment, panel says
    (icsc.org - 11/20/2014)
  • Although smaller, independent tenants can present challenges, shopping centers that make a focused, knowledgeable effort to cultivate them often find that the benefits outweigh the initial risks and hassles.   (full story)






     

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