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Breaking Retail Real Estate News
  • New Kum & Go store emphasizes expanded food options
    (tulsaworld.com - 1/18/2018)
  • The Go Fresh Market design was rolled out in 2016. The company built 20 stores with the design that first year and 20 in 2017. The goal is to build 26 new locations throughout its 11-state market.   (full story)

  • Fred Meyer Jewelers Closing a Number of Mall Stores
    (jckonline.com - 1/17/2018)
  • Fred Meyer Jewelers is closing a number of its mall stores, confirms group vice president Kirsten Darrow. She declines to provide an exact number. “We are closing underperforming mall stores (under both Fred Meyer Jewelers and Littman Jewelers brands) whose leases are ending,” she adds.   (full story)

  • Little Big Burger coming to Lake Oswego
    (portlandtribune.com - 1/17/2018)
  • "We continue to be very pleased at the progress of our continuing national rollout of our Little Big Burger brand," says Mike Pruitt, Chanticleer's CEO. "Currently we have 12 stores and expect to double that count in 2018, with an additional 8-12 more locations planned."   (full story)

  • Blain's Farm & Fleet plans expansion into Michigan
    (bizjournals.com - 1/17/2018)
  • The Janesville-based company said Tuesday it will extend its reach to Michigan with two store openings there in 2018...   (full story)

  • Crunch Fitness Franchisee Fitness Holdings LLC Acquires Boost Fitness, Expands Across Massachusetts
    (franchising.com - 1/16/2018)
  • Crunch Fitness Franchise announced today that its Connecticut-based franchisee, Fitness Holdings LLC, has acquired Boost Fitness, the largest independent fitness chain in Central Massachusetts. The acquisition increases the number of Crunch locations in Massachusetts five-fold ...   (full story)

  • Bentley’s Pet Stuff Opens in North Carolina
    (petage.com - 1/16/2018)
  • Bentley’s Pet Stuff is establishing a presence in North Carolina with the purchase of Pet Mania...   (full story)

  • Dave & Buster's Entertainment Looks to Expand Further in 2018
    (hadeplatform.com - 1/16/2018)
  • Opening new stores with outstanding returns remains a key priority and the company plans to open fourteen to fifteen new stores in fiscal 2018...   (full story)

  • Apple's 500th Store and First in Korea Opening January 27 Ahead of 2018 Winter Olympics
    (macrumors.com - 1/16/2018)
  • By the looks of it, this should be Apple's 500th retail store around the world. That total includes the Apple Park Visitor Center and Infinite Loop locations...   (full story)

  • Checkers & Rally’s plans further expansion in Delaware
    (delawarestatenews.net - 1/15/2018)
  • Checkers & Rally’s has recently opened a location in Wilmington, is about to open its second next month and has future plans to open more throughout the rest of the state.   (full story)

  • Teriyaki Madness Targets Dallas-Fort Worth for Expansion
    (qsrmagazine.com - 1/15/2018)
  • Teriyaki Madness, one of America’s fastest growing fresh Asian fast casual concepts, is targeting Dallas-Fort Worth for expansion. With three existing units in the area, the company announced plans to open 20–25 additional locations ...   (full story)

  • Why retailers should be optimistic about 2018
    (northjersey.com - 1/15/2018)
  • Tax cuts, an improved economy and an American consumer that is less cautious about spending will make 2018 a sweet year for retailers, economists and analysts at the National Retail Federation trade show predicted Monday. Retail sales are on track to match or exceed the healthy 4.2 percent gain they made in 2017, according to a panel of experts.   (full story)

  • 15 companies that are defying the retail meltdown by opening hundreds of new stores
    (businessinsider.com - 1/14/2018)
  • A large majority of the retailers that are opening new stores this year are discounters, including Dollar General, Dollar Tree, Family Dollar, Aldi, Lidl, Five Below, and Hobby Lobby. Those retailers and others will collectively open more than 2,100 stores this year, according to a Business Insider analysis based on company data.   (full story)

  • Mavis Tire Supply Is Acquiring Kauffman Tire's Retail Stores
    (moderntiredealer.com - 1/12/2018)
  • Kauffman Tire Inc. is selling its 69 retail stores in Georgia and Florida to Mavis Tire Supply Corp. “We’ve admired Kauffman Tire for years," says David Sorbaro, the co-CEO for Mavis. "It’s a strong operator with a great reputation and complimentary offerings in a new geography for Mavis."   (full story)

  • Neighborhood Pet Store Franchise Rises in Entrepreneur's Highly Competitive Franchise 500®
    (prnewswire.com - 1/12/2018)
  • With 11 new franchisees added in 2017 and expansion into 3 new states, Pet Supplies Plus opened its 423rd store last year and expects to open at least fifty more stores in 2018...   (full story)

  • This local pet store chain has been acquired by a Minnesota company
    (kansas.com - 1/12/2018)
  • All Paws Pet Center, with east and west Wichita stores as well as one in Derby, was acquired by Chuck & Don’s...   (full story)

  • After Record-Breaking Year, Walk-On’s Plans 18 New Locations for 2018
    (foodnewsfeed.com - 1/11/2018)
  • Building off a highly successful 2017 for Walk-On’s Bistreaux & Bar, Walk-On’s Enterprises is looking ahead with bigger and better plans on tap for 2018. Following a record-breaking year of franchise expansion for the Walk-On’s Bistreaux & Bar brand, the company plans to introduce its unique “taste of Louisiana” menu to multiple new markets ...   (full story)

  • Walmart to Shutter 63 Sam’s Club Stores
    (progressivegrocer.com - 1/11/2018)
  • Some 10 of those locations will become ecommerce fulfillment centers, and employees of those locations will be able to reapply for positions there, Business Insider reported. The rest will stay open for several weeks before permanent closure.   (full story)

  • Shake Shack Plans to Open More Airport Locations
    (qsrmagazine.com - 1/11/2018)
  • Global restaurateur HMSHost and Shake Shack Inc. announced a new partnership to open the iconic burger restaurant in airports and on motorways across North America. The two companies recently ...   (full story)

  • Fast Casual B.GOOD Signs Expansion Deal for Houston
    (qsrmagazine.com - 1/11/2018)
  • B.GOOD, a fast casual restaurant with a locally sourced, wholesome menu, has signed a franchise development agreement to open 10 restaurants in the Houston, Texas, area, marking the brand’s first U.S. push beyond ...   (full story)

  • Lands' End, Counting Sears Out, Plans New Stores
    (mediapost.com - 1/11/2018)
  • Now that it’s back in the black, Lands’ End says it has big plans for its store base and is planning to open up to 60 new stores in the next five years. The Dodgeville, Wisc.-based apparel brand, spun off by ...   (full story)

  • MOD Pizza Raises $33M in Equity Capital and Closes $40M Credit Facility
    (restaurantnews.com - 1/10/2018)
  • These financings are expected to support MOD’s continued rapid growth in 2018, bolstering its presence in its existing markets across the U.S. and U.K...   (full story)

  • Why Dick’s Sporting Goods Is Slowing Down Store Expansion
    (marketrealist.com - 1/10/2018)
  • For fiscal 2018, the number of new stores planned to be opened has fallen to 15–20 stores...   (full story)

  • 2018 Will Be Another Year of Rapid Growth for Love's
    (csnews.com - 1/10/2018)
  • The company opened 147 new stores over the past five years, including 36 new locations in 2017. This year, Love's plans to open more than 40 new locations.   (full story)

  • San Antonio women’s fashion retailer A’Gaci enters bankruptcy
    (expressnews.com - 1/10/2018)
  • San Antonio-based women’s apparel and accessories retailer A’Gaci filed for bankruptcy protection Tuesday, seeking to reorganize its $62 million in debt...   (full story)

  • Walgreens sheds additional light on new store formats
    (drugstorenews.com - 1/9/2018)
  • The new format will mark the first major overhaul of the core Walgreens format since the finalization of its merger with Alliance Boots in December 2014...   (full story)

  • 'Extreme Value' Discounter Grocery Outlet Plans 25-Store Expansion
    (forbes.com - 1/9/2018)
  • Some 25 new stores are planned for Oregon, Washington, Idaho, Nevada, California and Pennsylvania. Specifically, over a dozen new stores in the Los Angeles area, which is a relatively new market for Grocery Outlet.   (full story)

  • Dunkin' Donuts wants to double the number of stores
    (wcpo.com - 1/9/2018)
  • It's an ambitious goal for any retailer in this climate. And it might seem especially bold for Dunkin', which said this summer it is drastically slowing expansion plans...   (full story)

  • Dat Dog Set to Open First of 25 Houston Eateries in Rice Village
    (franchising.com - 1/9/2018)
  • Dat Dog, a popular New Orleans franchise chain that specializes in gourmet hot dogs and sausages that can be dressed in a selection of over 30 different toppings, has signed a lease for the first of 25 locations in the Houston metro ...   (full story)

  • Slapfish Announces Expansion Into Florida
    (qsrmagazine.com - 1/9/2018)
  • Slapfish, a Modern Seafood Franchise serving up bold, crave-worthy dishes in a fast casual setting, announced its expansion into Florida. The first location is slated to open in Orlando in mid-2018, with plans for 10 more restaurants throughout ...   (full story)

  • Why T-Mobile Is Aggressively Expanding Its Retail Footprint
    (forbes.com - 1/8/2018)
  • T-Mobile has been aggressively acquiring spectrum in lower frequency bands (700 MHz and 600 MHz), which is allowing the company to expand its coverage in rural and suburban areas where it has traditionally been weak. As T-Mobile expands its coverage, it needs to be able to cater to new customers in these regions by opening stores.   (full story)

  • Planet Fitness Hits 1,500 Clubs with 1,000 More Club Agreements Signed
    (clubindustry.com - 1/8/2018)
  • The closing of retail brick and mortar stores has opened even greater opportunities for Planet Fitness to expand, according to the company's CEO, who said half of the 1,000 locations for which agreements have been signed will be open in the next two to three years.   (full story)

  • Mavis Tire Supply Is Acquiring Kauffman Tire's Retail Stores
    (moderntiredealer.com - 1/8/2018)
  • The deal gives Mavis Discount Tire 404 stores. The company will remain the fifth largest independent tire dealer in the country, trailing Les Schwab Tire Centers...   (full story)

  • Tire Discounters Adds 2 Stores in Georgia
    (moderntiredealer.com - 1/8/2018)
  • Tire Discounters Inc. is expanding in Dalton, Ga., with the purchase of two stores from the Lou Johnson family...   (full story)

  • Dream Dinners Announces Additional Expansion Efforts in Texas
    (prnewswire.com - 1/8/2018)
  • Dream Dinners, a national meal-assembly company focused on families, is continuing its expansion efforts in select markets across Texas in 2018.   (full story)

  • Camping World to re-open 69 Gander Outdoors stores
    (retaildive.com - 1/5/2018)
  • Gander Outdoors, formerly known as Gander Mountain, on Thursday announced the initial list of 69 retail stores scheduled to open by May...   (full story)

  • Kwik Chek Acquires Cleo’s Convenience Stores
    (cspdailynews.com - 1/5/2018)
  • Taylor-Smartt LLC, doing business as Kwik Chek Convenience Stores Inc., has purchased Cleo Bustamante Enterprises Inc.’s chain of eight convenience stores. The Cleo’s Convenience Stores are located in Southern Texas in Asherton, Carrizo Springs, Crystal City, Eagle Pass and La Pryor.   (full story)

  • Casey's Plans $35M HQ Expansion
    (csnews.com - 1/5/2018)
  • Casey's General Stores Inc. is growing more than just its convenience store count. The company is planning to grow its headquarters as well...   (full story)

  • Retail’s Rise Through Adaptive Reuse
    (cpexecutive.com - 1/5/2018)
  • Malls in good locations with empty big boxes are a great candidate for adaptive reuse. Given that the infrastructure is already in place, it is often more cost-effective to adapt the existing structures and re-purpose them for lifestyle, entertainment and/or fitness uses than to demolish a building and start from scratch.   (full story)

  • Can a marriage between rivals Quiksilver and Billabong help struggling surf industry?
    (ocregister.com - 1/5/2018)
  • Billabong and Quiksilver – long-time rivals in the surf industry – will continue to keep their own identities...Boardriders Inc. includes Quiksilver, Roxy and DC shoes. After the deal is finalized, it also will be the parent company of Billabong...   (full story)

  • Black Bear Diner Signs Multi-Unit Development Agreement for 19 Locations
    (businesswire.com - 1/5/2018)
  • Black Bear Diner, the fast-growing, family dining concept that offers a one-of-a-kind experience and home-style comfort food classics in a fun, bear-themed atmosphere, today announced it has signed a multi-unit development agreement with its existing franchise partners, Karan Gogri and Sanjiv Patel of National Restaurant Inc. This new agreement will bring an additional 19 units over a six-year period to ...   (full story)

  • Take 5 Oil Change to add 'dozens' of stores in 2018
    (tirebusiness.com - 1/5/2018)
  • Driven Brand Inc. plans to open "dozens" of Take 5 Oil Change locations in 2018, expanding its network of nearly 300 fast-lube stores in 16 states.   (full story)

  • A&W: Growing again by returning to its 'roots' and root beer
    (qsrweb.com - 1/5/2018)
  • In fact, about 20 more stores were opened in the U.S. in 2017, and about 40 more in Europe, where some may not know the chain has quite a following.   (full story)

  • Salsarita’s Continues Steady Growth Into 2018
    (qsrmagazine.com - 1/4/2018)
  • At least six new restaurants are in the pipeline to open in the first half of 2018 ...   (full story)

  • Which Retailers Won Christmas?
    (twice.com - 1/4/2018)
  • And for those who predict the end of brick-and-mortar retail, guess again: Fully 79 percent of consumers did some or all of their shopping in-store, making it the most common means by which gift givers purchased holiday presents last season.   (full story)

  • TITLE Boxing Club Reflects on Monumental Year, Anticipates Greater Success in 2018
    (prnewswire.com - 1/4/2018)
  • Looking ahead, these expansion plans are part of the more than 170-unit brand's overarching goal of opening more than 45 clubs in 2018 ...   (full story)

  • Sprouts Announces New Stores for Q2 2018
    (andnowuknow.com - 1/4/2018)
  • Resuming its plans for rapid growth, Sprouts Farmers Market has added six more locations to its 2018 strategy. Spanning five states and slated to join the banner’s chain in the second quarter of 2018, this brings Sprouts’ new store count for the New Year up to about 30 across the U.S.   (full story)

  • Sears Holdings to Close 100 More Stores
    (hfndigital.com - 1/4/2018)
  • Ailing Sears Holdings said it plans to close more than 100 stores this year. The closings include 64 Kmart stores and 39 Sears stores, all of which are expected to close between early March and April. Liquidation sales will begin Jan. 12.   (full story)

  • Buddy’s Pizza wins “significant” investment to recapitalize, spur growth
    (nrn.com - 1/4/2018)
  • Buddy’s has 12 locations in and around Detroit with a 13th scheduled to open in the spring. With CapitalSpring’s investment, the company hopes to open locations across the Midwest and beyond.   (full story)

  • Macy's announces 5,000 job cuts, 7 new store closures
    (usatoday.com - 1/4/2018)
  • “Looking ahead to 2018, we are focused on continuous improvement and will take the necessary steps to move faster, execute more effectively and allocate resources to invest in growth," Macy's CEO Jeff Gennette said in a statement.   (full story)

  • Capriotti’s Signed 50 Franchise Agreements in 2017
    (qsrmagazine.com - 1/4/2018)
  • Capriotti’s Sandwich Shop, known for its award-winning, hand-crafted sandwiches, is closing out 2017 with impressive growth. The Las Vegas-based concept signed a total of 50 franchise agreements this year and franchise inquiries are up 300 percent from ...   (full story)






     

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