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Breaking Retail Real Estate News
  • Pilot Flying J Expands Network in West Texas
    (csnews.com - 4/20/2018)
  • Cumulatively, Pilot Flying J's footprint in Texas will grow to 76 locations, including travel centers, dealers and card locks — the most of any U.S. state.   (full story)

  • Famous Dave's rolls out new design, menu in hopes of jump-starting concept
    (bizjournals.com - 4/19/2018)
  • With new CEO Jeff Crivello and Founder Dave Anderson leading the way, Famous Dave's of America Inc. is revealing a new restaurant model that they hope grabs the attention of franchisees and draws back ...   (full story)

  • 5.11 Opens Store In Downers Grove
    (sgbonline.com - 4/18/2018)
  • The location marks the brand’s 34th U.S. retail store opening and its 25th store opening in the past 18 months. Downers Grove provides another building block to 5.11’s 2018 retail expansion goal of 50 company-owned retail stores.   (full story)

  • CARSTAR Opens More than 30 New Stores in First Quarter
    (bodyshopbusiness.com - 4/18/2018)
  • CARSTAR is continuing to expand its footprint in the United States and Canada with more than 30 new store openings so far in 2018...   (full story)

  • Walmart Investing Millions To Remodel Over Two Dozen California Stores
    (bisnow.com - 4/18/2018)
  • Walmart is planning to spend $145M to renovate 34 California stores, including stores in San Jose, Fairfield and the Central Valley...   (full story)

  • Twin Peaks restaurant coming to Abilene
    (bigcountryhomepage.com - 4/18/2018)
  • ... an Area Development Agreement with Permian Entertainment, LLC, to bring four Twin Peaks locations to Lubbock, Abilene, Amarillo, and Wichita Falls ...   (full story)

  • Bon-Ton to Liquidate
    (hfndigital.com - 4/18/2018)
  • A joint venture composed of the holders of the company's lien notes and Great American Group and Tiger Capital Group, made the winning bid in an auction that ended last evening and will acquire the inventory and certain other assets of the department store chain, Bon-Ton announced.   (full story)

  • New Franchise Expansion Deals Brings Old Chicago Pizza & Taprooms to the Midwest
    (restaurantnews.com - 4/17/2018)
  • Old Chicago Pizza & Taproom, an energetic and welcoming full service restaurant known for its delicious, handcrafted pizza, distinctive taproom fare and world class local and regional craft beer selection, announced today that it signed a franchise development agreement with a new franchise partner, KMG Hotels, to open ten new restaurants growing Old Chicago’s footprint in Missouri.   (full story)

  • Penn Station restaurants expanding
    (triblive.com - 4/17/2018)
  • The Cincinnati-based franchisor is planning to grow its Pittsburgh footprint in the next three years by tripling it local restaurants from six to 18.   (full story)

  • Marco's Pizza's People Prove to Be an Unstoppable Force
    (franchising.com - 4/17/2018)
  • Marco's Pizza has announced the opening of its 900th location in Bayamón Puerto Rico. Due to the tenacity, faith, and sheer determination to come together after the devastation of Hurricane Maria last year, the brand is persevering and bringing new business to the community as it rebuilds.   (full story)

  • Black Bear Diner Announces Major Expansion: Twelve New Locations
    (franchising.com - 4/17/2018)
  • 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 friendly, bear-themed atmosphere, today at the national Restaurant Leadership Conference in Phoenix announced twelve new restaurants in California, Missouri, Oklahoma and Texas.   (full story)

  • Dunkin' Donuts Adding 7 Locations in Alabama
    (qsrmagazine.com - 4/17/2018)
  • Over the next several years the franchisee group is planning to open seven new Dunkin’ Donuts restaurants throughout Montgomery, Alabama. The first two locations are scheduled to open in 2019, with additional restaurants scheduled to open over the next several years.   (full story)

  • Palmetto Moon leaving Citadel Mall after 16 years, moving to Tanger Outlets
    (postandcourier.com - 4/17/2018)
  • The company plans to open four more locations in 2018: three in the Atlanta area and one in Florida and is looking at further growth next year.   (full story)

  • Camping World Announces Expansion with New SuperCenters Planned in Georgia, Illinois and Ohio
    (businesswire.com - 4/17/2018)
  • Camping World Holdings, Inc., the nation’s largest network of RV-centric retail locations, announced expansion plans for the development of new SuperCenters in Augusta, GA, Marion, IL, and Huber Heights, OH...   (full story)

  • Profile by Sanford adds dozens of franchises in past month
    (argusleader.com - 4/17/2018)
  • There are currently 45 Profile by Sanford stores, 64 are under construction and 166 are committed for future development. Profile now has stores in 18 states, and current development will broaden Profile's reach to 35 states. Future plans include 1,000 U.S. locations and possible international expansion.   (full story)

  • Veggie Grill hires 2 execs to focus on growth
    (fastcasual.com - 4/17/2018)
  • Veggie Grill has hired two execs to help fuel its growth. Tim Welsh, VP of real estate and development, will be an integral part of the company’s development plans to double the number of its locations by ...   (full story)

  • Mama Fu's acquires Austin's Pizza to enhance both brands' efficiencies
    (fastcasual.com - 4/17/2018)
  • Pizza or Chinese is no longer the question in Austin, Texas, where two brands are joining forces to offer customers some of both.   (full story)

  • Pure Hockey Acquires Bauer Hockey's "Own The Moment" Retail Locations
    (markets.businessinsider.com - 4/17/2018)
  • Pure Hockey, the largest hockey retailer in the U.S., announced that it has acquired both of Bauer Hockey's "Own The Moment" retail stores...   (full story)

  • Camping World is still in acquisition mode
    (retaildive.com - 4/16/2018)
  • Camping World is snapping up Nashville-based Cullum & Maxey Camping Center for an undisclosed amount...   (full story)

  • Metro Diner, and the Making of America's Next Great Diner Chain
    (foodnewsfeed.com - 4/16/2018)
  • in 2013, Metro Diner started by opening just one unit. Next year it was five. Then it was 11. Last year it was 27. After the projected 35 in 2018, Metro Diner expects 45–50 new units in 2019, and it’s hard to even guess what’s next.   (full story)

  • Sedona Taphouse Opens 8th Restaurant in New Jersey
    (foodnewsfeed.com - 4/16/2018)
  • “The Cliffside Park location launches our 2018 East Coast expansion, with five more franchise stores planned to open this year,” says DJB Hospitality LLC/ Sedona Taphouse Restaurants Founder and CEO, Dennis Barbaro. “Next up is ...   (full story)

  • Speedway to acquire 78 Express Mart locations in New York
    (markets.businessinsider.com - 4/16/2018)
  • "This acquisition is a great strategic fit for Speedway, and consistent with our growth plan," said Speedway President Tony Kenney. "These stores will enhance our existing network and expand our brand presence in a key growth market for Speedway."   (full story)

  • Your Pie Opened 5 Locations in First Quarter
    (qsrmagazine.com - 4/16/2018)
  • Your Pie announced significant growth for the first quarter of 2018, boasting a total of five new stores across the U.S...   (full story)

  • Bertucci's Files for Chapter 11 Restructuring for Future Growth
    (prnewswire.com - 4/16/2018)
  • "Today's filing is expected to be seamless for Bertucci's guests, trading partners and vendors, and result in minimal disruption to its operations, allowing us to strengthen the company's financial structure and position it for significant future growth," said Brian Wright, CEO.   (full story)

  • 3 Apparel Retailers With Hidden Growth Brands
    (fool.com - 4/15/2018)
  • During the most recent conference call, Aerie president Jen Foyle stated that AEO will open 35 to 40 new Aerie stores this year, with "roughly 70%" of those openings taking place in "underpenetrated markets".   (full story)

  • Why We Should Be Optimistic About Retail
    (nytimes.com - 4/13/2018)
  • Traditional retailers have already made meaningful progress addressing one of their three biggest problems — too many stores — and have begun to address the other two: the high level of debt on their balance sheets and the rise of digital retailing. We’re also optimistic about the industry’s prospects because of its long history of successful reinvention.   (full story)

  • Grocery Stores Fuel Retail Industry
    (cpexecutive.com - 4/13/2018)
  • JLL’s Grocery Tracker revealed that although store expansion slowed in 2017, investment into grocery-anchored assets increased by 5.3 percent. In fact, it was one of the only retail sectors that experienced growth in a year of low transaction volume.   (full story)

  • Fazoli's franchisees break 12 growth records
    (fastcasual.com - 4/13/2018)
  • Since the beginning of the year, the company has opened five restaurants across the country with plans to open an additional seven by year's enfor a total of 12 locations, setting a record for the most openings since ...   (full story)

  • The Future of Dry Cleaning comes to Nashville…again
    (franchising.com - 4/13/2018)
  • Additional locations are coming soon to Boston, MA, Latham, NY, Arlington, TN, Germantown, TN, Little Elm, TX, Prosper, TX, Spring, TX, Sugar Land, TX and Doha, Qatar.   (full story)

  • MOOYAH Burgers, Fries & Shakes Signs Multi-Unit Development Deals for Southern Virginia and Orlando
    (franchising.com - 4/12/2018)
  • Better Burger Franchise to Expand Established Presence in Virginia and Florida with 6 New Restaurants, Continues Expansion with Existing Operators   (full story)

  • Levi Strauss Shows Strong First-Quarter Revenue Gains
    (apparelnews.net - 4/12/2018)
  • Direct-to-consumer revenues—which include retail stores and e-commerce—grew 24 percent based on an expanding retail network as the company opened 22 stores during the first quarter with a total of 100 new stores planned for this year.   (full story)

  • Walmart planning $70M investment across North Carolina stores
    (bizjournals.com - 4/12/2018)
  • Walmart expects to invest $70 million remodeling 20 North Carolina stores, including two in the Triad...   (full story)

  • In Spite of Waves of Store Closures, Retail Vacancy Hasn’t Spiked in the First Quarter
    (nreionline.com - 4/12/2018)
  • The National Retail Federation, and industry trade group, projects 3.8 to 4.4 percent growth for retail sales this year. Strong consumer confidence, low unemployment and a well-performing stock market contribute to this forecasted growth, says Mark Mathews, vice president of research at the NRF. “You can’t be struggling when you’re growing faster than the economy at large,” he notes.   (full story)

  • How The Cheesecake Factory Can Return to Casual-Dining Royalty
    (foodnewsfeed.com - 4/12/2018)
  • For 2018, the company expects to open four to six company units, have flat to 1 percent ...   (full story)

  • Bombshells Opens Largest Location as Part of Houston Expansion
    (foodnewsfeed.com - 4/11/2018)
  • Bombshells Restaurant & Bar announced the opening of its largest location, in the fast-growing Houston suburb of Pearland, as part of plans to more than double the size of the chain in ...   (full story)

  • Walmart plans $277 million Texas investment in 2018
    (statesman.com - 4/11/2018)
  • Walmart says it will invest $277 million in Texas this year, with plans to remodel more than 40 stores, build four new stores and add a number of in-store and online tools.   (full story)

  • Retailer Nine West Files for Bankruptcy, Will Close All 70 Stores
    (rebusinessonline.com - 4/11/2018)
  • Nine West Holdings Inc., a New York-based women’s shoe and apparel wholesaler, has filed for bankruptcy after accumulating $1.6 billion in debt. As a result, the company plans to close all 70 of its brick-and-mortar retail stores.   (full story)

  • Giant $70 million Pennsylvania expansion
    (producenews.net - 4/10/2018)
  • Giant Food Stores will construct six new stores, remodel two locations and open five new fuel stations in Pennsylvania totaling a $70 million capital investment over the next two years.   (full story)

  • 800° Woodfired Kitchen Headed to East Coast with NYC Opening
    (qsrmagazine.com - 4/10/2018)
  • “I am excited to bring 800° Woodfired Kitchen to New York City because I truly believe that there is nothing else like this available in the market. Between the superior level of ingredients we use and the wide variety of options available to our guests, I believe that New Yorkers will embrace the concept and support what we stand for. We have plans to open additional locations in Manhattan as well as Brooklyn and Queens.”   (full story)

  • SkinnyPizza squeezes into Connecticut
    (fastcasual.com - 4/9/2018)
  • SkinnyPizza, a New York City-based chain that specializes in serving a healthier version of traditional New York-style pizza, is opening its first Connecticut location ... to expand the five-unit brand to 15 units by 2020.   (full story)

  • Lucky’s to Double Store Count With 20 Signed Leases
    (winsightgrocerybusiness.com - 4/9/2018)
  • Lucky’s Market plans to nearly double its store count from 28 locations to more than 40 within the next 18 to 24 months, announcing Monday that it signed 20 leases for new stores spanning from Montana to Florida.   (full story)

  • Bankrupt store chain Bon-Ton gets acquisition offer
    (reuters.com - 4/9/2018)
  • Bon-Ton Stores Inc said it received an acquisition offer from an investor group, two months after the department store chain filed for bankruptcy protection...   (full story)

  • 4 Models Of The Shopping Mall Of The Future
    (forbes.com - 4/7/2018)
  • “Future success depends to a large degree on being able to ‘unlearn’ the lessons of the past. Tomorrow’s success will belong to those operators and tenants willing to break from yesterday’s patterns and practices and fully embrace a consumer-driven future.”   (full story)

  • Rhône Completes Acquisition of Fogo de Chão
    (foodnewsfeed.com - 4/6/2018)
  • Fogo de Chão, Inc. and Rhône Capital announced the successful completion of the acquisition of Fogo by Rhône. The acquisition was announced ...   (full story)

  • Curry Up Now Confirms Franchise Deals In Two New Markets, Atlanta And Sacramento
    (franchising.com - 4/6/2018)
  • Curry Up Now, the Bay Area-based fast casual known for its innovative approach to traditional Indian cuisine, has just finalized franchise deals to bring the budding concept to Atlanta, GA and Sacramento, CA. Both franchisees are in the early stages of scouting real estate options in their respective cities and hope to open their first locations by ...   (full story)

  • Nine West Is Bankrupt, Will Sell Flagship Shoe Brand & Bandolino to ABG
    (footwearnews.com - 4/6/2018)
  • “This is the right step to address our two divergent business profiles,” Nine West Holdings CEO Ralph Schipani said in a release. “We will retain our strong, profitable and growing apparel, jewelry and jeanswear businesses and continue to operate them under a new capital structure so that we can leverage their existing strengths to drive even greater growth.   (full story)

  • By Chloe Plots Global Vegan Domination With $31 Million Investment
    (ny.eater.com - 4/6/2018)
  • According to Moneyish, the rapidly expanding vegan fast-casual hit is opening 20 new locations in the U.S., Europe, and the Middle East. The company received $31 million in funding from various investment groups to make the global expansion plan happen.   (full story)

  • These 7 international retailers want to make a splash in the US
    (cnbc.com - 4/6/2018)
  • Now, the number of international retailers — apparel brands, grocers, cosmetics companies and more — looking to move to America is growing at a rapid clip, industry experts have told CNBC.   (full story)

  • Ollie's stepping up with major manufacturers
    (hometextilestoday.com - 4/5/2018)
  • Now with 274 units in operation at the end of the fiscal year – and plans to add 36 to 38 this year. “The closeout buying environment remains as strong as I’ve ever seen.” according to president and CEO Mark Butler.   (full story)

  • Tijuana Flats expanding Florida presence
    (fastcasual.com - 4/5/2018)
  • The Windermere location is the first store that Tijuana Flats has opened this year, and the Tex-Mex chain plans to open an additional four stores in markets across Florida and Virginia in the coming ...   (full story)






     

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