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Breaking Retail Real Estate News
  • Acquisition Expands Monro's Presence in Tennessee, North Carolina, and Virginia
    (nasdaq.com - 5/21/2018)
  • The asset acquisition includes Free Service Tire's 12 retail and commercial stores, four wholesale distribution centers and one retread facility, adding to Monro's more than 130 existing retail, commercial and wholesale locations in Tennessee, North Carolina, and Virginia.   (full story)

  • A.C. Moore to debut small-format store in Westmont
    (courierpostonline.com - 5/18/2018)
  • The company is adding 13 stores this year, including its first outlets in Ohio, as part of a "reinvigorated retail strategy."   (full story)

  • Pizza Inn's Resurgence Hits High Gear
    (foodnewsfeed.com - 5/17/2018)
  • The strategy: develop first in markets where the brand is best known. Bring it back home to markets where Pizza Inn can return and redevelop.   (full story)

  • TBC Adds NTB, Tire Kingdom Locations
    (tirereview.com - 5/17/2018)
  • TBC Corporation is continuing to expand the NTB and Tire Kingdom brands. Calendar year-to-date, the company has opened eight new stores with an additional 20 locations scheduled to open prior to April 1, 2019.   (full story)

  • Global Partners Buying C-store & Fuel Assets of Champlain Oil Co.
    (csnews.com - 5/17/2018)
  • The acquisition includes 37 company-operated gas stations with Jiffy Mart-branded convenience stores in Vermont and New Hampshire.   (full story)

  • Pizza chain eyes 15 Charlotte-area locations
    (bizjournals.com - 5/17/2018)
  • This fast-casual pizza chain says it wants to open as many as 15 stores in the Charlotte area over the next several years. Donatos Pizza says it will achieve that growth through ...   (full story)

  • Smoothie King Inks 50-Unit Development Deal in Michigan
    (qsrmagazine.com - 5/16/2018)
  • Smoothie King, a leading smoothie company with more than 960 locations worldwide, continues its record-setting growth with a new franchise partner that will bring the brand to Michigan in 2018.   (full story)

  • Vegan Chain Cinnaholic Set to Open 136 New Locations
    (livekindly.co - 5/16/2018)
  • Cinnaholic, the Atlanta-based vegan bakery franchise which specializes in cinnamon rolls, is set to double its presence in North America in the first half of 2018, increasing its franchise footprint by nearly eighty percent.   (full story)

  • Suburban Seattle restaurant chain bringing its burgers and beers to Colorado Springs
    (gazette.com - 5/16/2018)
  • The Springs would be Hop Jacks' first Colorado location, but not its last. The chain is finalizing leases in Castle Rock and Parker, Fox said. As it looks to new markets, Hop Jacks allows ...   (full story)

  • Boardroom Salon for Men Opens 30th Location
    (designretailonline.com - 5/16/2018)
  • The opening arrives as part of the company’s efforts to expand its footprint with more than 14 locations by the end of 2019. The Texas-based salon company is aiming to grow by 62 locations in the next four years, rounding out its portfolio 92 locations.   (full story)

  • New gym set to open at former Kmart Shopping Center in Killeen
    (kxxv.com/story - 5/15/2018)
  • "I am thrilled to partner with Crunch Fitness to bring the brand's renowned facilities to the Austin and Central Texas area," said Crunch Killeen co-owner Tony Hartl, who plans to bring 21 Crunch gyms to the Austin and Central Texas area over the next decade.   (full story)

  • Teriyaki Madness expanding in Mexico
    (fastcasual.com - 5/15/2018)
  • The brand plans to continue growth throughout Mexico with up to 100 restaurants over the next 10 years.   (full story)

  • Shop 'n Save West Virginia Locations Rebranding to Price Cutter
    (andnowuknow.com - 5/14/2018)
  • Former SuperValu-owned Shop ‘n Save stores in West Virginia are about to be rebranded, revealing the buyer of the locations as Price Cutter.   (full story)

  • Rockport shoe company files for Chapter 11 bankruptcy protection, may close stores
    (usatoday.com - 5/14/2018)
  • Rockport is aiming to keep its shoemaking business alive in a sale to a private equity firm. But the company warned that it may be forced to close all of its standalone retail stores, including 27 in the U.S.   (full story)

  • Rooms To Go to launch outdoor furniture stores
    (furnituretoday.com - 5/14/2018)
  • Rooms To Go will begin the rollout of about 50 outdoor furniture stores early next year and will rebrand its recently acquired Carls Patio chain as it moves full-on into the outdoor category.   (full story)

  • Beavers Coffee + Donuts rebrands to The Dapper Doughnut
    (fastcasual.com - 5/10/2018)
  • Beavers Coffee + Donuts has rebranded to The Dapper Doughnut in order to franchise, according to a recent company press release. The Chicago-based franchise, which got its start in 2011, as a food truck, hopes to reach over 100 territories awarded by ...   (full story)

  • Gyroville looks to expand
    (fastcasual.com - 5/10/2018)
  • Gyroville has announced its plans to expand nationally into Georgia, Michigan, Missouri and Ohio.   (full story)

  • Belle Tire: 100 Stores Is ‘Tip of the Iceberg’
    (moderntiredealer.com - 5/10/2018)
  • In the midst of a major expansion blitz in the state of Indiana, Belle Tire Distributors Inc. has hit a milestone. The Michigan-based tire dealer has opened its 100th store.   (full story)

  • Albertsons Announces Remodel Along With Five New Idaho Locations
    (andnowuknow.com - 5/10/2018)
  • Albertsons is returning to its roots as it lays out and implements moves to invest back in its home state with five new stores to be opened in the region.   (full story)

  • Pancheros Mexican Grill to enter Indy market with multiple stores
    (ibj.com - 5/9/2018)
  • Panchero’s added seven locations in 2017 and plans to open 10 more this year as part of an expansion focusing on mid-sized markets in the Midwest and East Coast.   (full story)

  • Duluth Trading aiming for 100 stores in 5 years
    (retaildive.com - 5/9/2018)
  • Outdoorsy apparel retailer Duluth Trading Co. has embarked on an ambitious brick-and-mortar expansion plan — after opening 15 stores last year, the company is opening another 15 this year, and another 15 annually until it reaches 100...   (full story)

  • Total Wine & More To Enter Colorado This Summer
    (shankennewsdaily.com - 5/9/2018)
  • Total Wine, which has revenues approaching $3 billion, plans to open 20 additional locations nationwide this year to reach a total of 192 stores.   (full story)

  • Papa Murphy’s Holdings, Inc. Reports First Quarter 2018 Results
    (nasdaq.com - 5/9/2018)
  • Franchise-owners opened four new stores in the quarter, all in the US market...   (full story)

  • Freshii Inc. Announces First Quarter Fiscal 2018 Results
    (digitaljournal.com - 5/9/2018)
  • The Company opened 26 net new stores in Q1 2018, comprised of 27 openings and 1 closure...   (full story)

  • The RoomPlace to open 3 stores this year
    (furnituretoday.com - 5/9/2018)
  • The RoomPlace is back in growth mode this year with plans to open three stores, including its first in the greater Milwaukee market...   (full story)

  • The Human Bean Opens 75th Location
    (franchising.com - 5/9/2018)
  • The Human Bean opened their 75th location, on Tuesday May 8, 2018. The new Eugene location is owned and operated by Joe & Cathleen ... Karchers own three other locations in Salem, Keizer and Eugene and are planning on opening a 5th location in ...   (full story)

  • Woof Gang Bakery & Grooming Opens First New York State Store
    (petage.com - 5/7/2018)
  • Woof Gang Bakery, a leader in specialty pet retail and grooming with more than 100 locations in 11 U.S. states, is opening the company’s first store in New York state...   (full story)

  • DICK'S Sporting Goods Announces Grand Opening of Four New Stores in May
    (prnewswire.com - 5/7/2018)
  • DICK'S Sporting Goods, the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening four new DICK'S Sporting Goods stores in May...   (full story)

  • Steakhouse Del Frisco's to acquire tapas restaurant owner Barteca for $325 million
    (cnbc.com - 5/7/2018)
  • Barteca has been methodically expanding its number of restaurants over the last 20 years and currently has 15 Barcelona locations and 16 Bartaco locations. Abdallah expects over time the company would be able to open 50 to 100 Barcelona restaurants in the U.S. and 200 to 300 Bartacos.   (full story)

  • Piccadilly to introduce new restaurant concepts in Baton Rouge market
    (theadvocate.com - 5/7/2018)
  • Piccadilly is introducing two new restaurants in the Baton Rouge market this year: a freestanding “to go” location and a prototype offering new ...   (full story)

  • Camp Bow Wow Holds Position as Leading Pet Care Franchisor, Announcing 2017 Business Successes and S
    (franchising.com - 5/7/2018)
  • Camp Bow Wow®, the largest and leading doggy day care and boarding franchise, announced 2017 as one of its strongest years of company-wide growth upon the ..,.   (full story)

  • Tim Hortons Prez Touts Plan to Change Narrative
    (franchisetimes.com - 5/7/2018)
  • The plan is called “winning together,”which has three pillars. “One is restaurant experience, which has to do with all the touch points when they’re in our facilities,” he said. In March, Tim Hortons launched a renovation program with a new image. “Our plan is to get 50 percent of the system with the new image by 2021.”   (full story)

  • ‘Sex’-y NYC cupcake shop Magnolia Bakery to open 200 franchise locations across the U.S.
    (6sqft.com - 5/7/2018)
  • The Wall Street Journal reports that the Bleecker Street original will be plying its sweet treats in as many as 200 new franchises in the U.S. in the next five years ...   (full story)

  • That's No Retail Apocalypse: New Concept Stores Are Taking Vacant Retail Spaces Read more at: https
    (bisnow.com - 5/6/2018)
  • That is what is happening now more than a "retail apocalypse," the International Council of Shopping Centers reports, with a broad array of retailers seeking out space in shopping centers formerly occupied by departing brands. That includes both new concepts and variations of tried-and-true stores.   (full story)

  • Duluth Trading Co. expands as many apparel chains languish
    (startribune.com - 5/5/2018)
  • Its store count currently stands at 34. The company opened 15 stores last year, including in Woodbury and Red Wing, and it plans to open 15 more annually for the next five years.   (full story)

  • US Retail Sector on the Mend
    (theepochtimes.com - 5/5/2018)
  • Everyone loves a good comeback story. The U.S. retail sector, after years of struggling to attract consumers, investors, and positive press coverage, may finally be seeing a comeback on the horizon.   (full story)

  • Murphy USA CEO Assesses Store Growth & the Competitive Landscape
    (csnews.com - 5/4/2018)
  • In the first quarter, Murphy USA opened two new stores...Construction is underway at 22 locations, including 12 raze-and-rebuild kiosks...   (full story)

  • Food Lion is going on a remodeling spree
    (retailleader.com - 5/4/2018)
  • Food Lion is continuing to remodel stores as it focuses on improving the shopping experience for customers...plans to remodel 105 stores in the greater Norfolk, Va., market in 2018...   (full story)

  • Jose Garces’ restaurant group files for bankruptcy, agrees to sale
    (restaurant-hospitality.com - 5/4/2018)
  • Garces Restaurant Group Inc. filed for Chapter 11 bankruptcy protection in New Jersey on Wednesday, and also reportedly agreed to sell some assets to Covington, La.-based Ballard Brands LLC for $5 million.   (full story)

  • Jamba Juice Eyes Continued Expansion in Houston
    (qsrmagazine.com - 5/4/2018)
  • With eight stores currently operating in the area, the most recent of which opened in December of 2016, the Dallas-based franchise is planning to open as many as 15 new area locations over the next five years.   (full story)

  • Newk's to open 11 locations in West Texas, San Antonio
    (fastcasual.com - 5/3/2018)
  • A new franchise partner plans to open 11 Newk's restaurants in West Texas and the San Antonio metro area.   (full story)

  • Superior Tire adds 4 stores in Boise, plans more
    (tirebusiness.com - 5/3/2018)
  • Nevada Tire Holdings, which operates as Superior Tire & Rubber Co. in the Las Vegas area, has acquired most of the assets of Miracle Tire & Auto Care in Boise, Idaho...   (full story)

  • INDOCHINO to Expand by a Third in Four Months With Eight New Showrooms
    (centralcharts.com - 5/3/2018)
  • Starting online before extending into physical retail in 2015, INDOCHINO is growing its network by almost a third from 23 to 31 by the end of the summer.   (full story)

  • Food, Fun Power Retail Redevelopment
    (cpexecutive.com - 5/2/2018)
  • Mall owners are spending millions – and in the case of the Westfield Century City in Los Angeles $1 billion – on makeovers to keep their retail centers fresh, hip and inviting.   (full story)

  • Tropical Smoothie Signs Deal to Expand in Indiana
    (qsrmagazine.com - 5/2/2018)
  • Tropical Smoothie Café announced Wednesday it has signed a franchise development agreement to expand its presence in Indiana. The brand’s existing franchisees, David and Ruth Buko, alongside first-time Tropical Smoothie Cafe franchisee James Volpert, will be developing eight cafes throughout the Indianapolis area, with the first two locations expected ...   (full story)

  • Jersey Mike's Stays True to its Roots on Road to 2,000 Restaurants
    (qsrmagazine.com - 5/2/2018)
  • By 2020, the 1,300-unit chain expects to have 2,000 restaurants nationwide. This includes a heavy nontraditional focus that’s currently targeting airports, military bases, universities, and sporting venues throughout the country.   (full story)

  • Del Taco developing 7 more locations in Atlanta
    (bizjournals.com - 5/2/2018)
  • Del Taco is planning an Atlanta expansion. Mac Kamara of MK Energy LLC has signed on to develop seven locations of the Mexican quick-service restaurant chain in south central Atlanta ...   (full story)

  • Smoothie King Continues Record-Breaking Momentum In 2018
    (prnewswire.com - 5/1/2018)
  • In 2017, Smoothie King added 147 franchisee agreements, and it expects to open 150 new locations in 2018, the most stores it has ever opened in the U.S. in a single year.   (full story)

  • Buffalo Wings & Rings Continues Kentucky Expansion, Focused on Louisville for Growth in 2018
    (restaurantnews.com - 5/1/2018)
  • Kentucky is known for its bluegrass but the corporate team at Buffalo Wings & Rings is hoping to bring much more of its trademark orange to the state in 2018. Specifically, the company is focused on expansion in the greater Louisville market with ...   (full story)

  • Family Pharmacy files for Chapter 11 bankruptcy, seeks sale of almost all assets
    (news-leader.com - 5/1/2018)
  • The business plans to remain in operation while it pursues a sale of practically all its assets to Smith Drug Company, according to a news release. Smith is Family Pharmacy's primary wholesale pharmaceutical supplier.   (full story)






     

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