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Breaking Retail Real Estate News
  • Marsh Closing More Stores
    (progressivegrocer.com - 3/30/2017)
  • Marsh Supermarkets has closed two Indianapolis-area stores so far this year and appears ready to close at least two more. The closures, coupled with reports that the grocery chain has stopped paying rent on as many as six stores in its Indianapolis home town, has fueled speculation that the struggling retailer is headed for bankruptcy.   (full story)

  • Milwaukee’s Stone Creek Coffee Planning Multiple Chicago Openings
    (dailycoffeenews.com - 3/29/2017)
  • Milwaukee roaster/retailer Stone Creek Coffee has announced plans to open its first Chicago location...with plans to open an additional “three to four” stores in Chicago by 2020...   (full story)

  • OXXO Care Cleaners Franchise Announces New Store Openings
    (franchising.com - 3/29/2017)
  • OXXO Care Cleaners®, the environmentally friendly garment cleaning franchise...announced the opening of four new stores located in Boca Raton, FL, downtown Miami, FL, West Palm Beach, FL and Houston, Texas...   (full story)

  • El Pollo Loco Expansion On Track, To Open Stores in Texas
    (nasdaq.com - 3/29/2017)
  • The leading fire-grilled chicken chain in the U.S., El Pollo Loco Holdings, Inc. LOCO , is geared up to further expand in Texas...The company has extended its franchise development deal with Chicken Time Holdings, LLC...Per the agreement, 13 new restaurants will be built in Texas during the course of the next few years...   (full story)

  • Manhattan Landlords Are Offering Massive Giveaways to Their Retail Clients
    (bloomberg.com - 3/28/2017)
  • Manhattan landlords, who have seen retail occupancy plummet after boosting rents to record levels, are trying to avoid big price cuts. Instead, they’re writing checks for things like interior redesigns and moving expenses to keep storefronts from going empty.   (full story)

  • Cava Grill Finance Cava Group receives $30M in new funding
    (nrn.com - 3/28/2017)
  • The company said in a press release that the new investment “will help fund Cava’s expanded growth with three new markets in 2018, including Boston, in addition to further growth in their current markets, including six new locations in the greater New York City area in 2017.”   (full story)

  • Ingles to renovate four Anderson area stores
    (independentmail.com - 3/27/2017)
  • Ingles Markets, a North Carolina-based grocer, plans renovation and/or expansion of four of its Anderson-area stores...   (full story)

  • Dave & Buster's hiring 250 at its soon-to-open New Orleans location
    (nola.com - 3/27/2017)
  • Dave & Buster's has set a May opening for its new location at the corner of Poydras Street and Loyola Avenue in downtown New Orleans...   (full story)

  • Wawa’s South Florida Beachhead
    (cspdailynews.com - 3/27/2017)
  • In addition to these three stores, Wawa plans to open a total of 10 new stores in southeastern Florida in 2017, and another 10 to 12 stores in 2018. Wawa plans to make the South Florida region of Palm Beach and Broward counties home to 50 new Wawa c-stores within the next five years.   (full story)

  • Ruby Tuesday gets interesting new investor
    (nrn.com - 3/27/2017)
  • The company’s primary asset isn’t its restaurant chain. It’s the 300 or so restaurant locations the company owns, rather than leases — an asset that itself is valued at far more than the company’s market capitalization of nearly $160 million.   (full story)






     

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