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Breaking Retail Real Estate News
  • Nouria Energy to Rebrand & Upgrade All Its Locations
    (csnews.com - 11/16/2018)
  • Nouria Energy Corp. launched a new retail brand, nouria, with a grand-opening celebration of a new concept store in Lewiston, Maine. Over the next three years, Nouria plans to upgrade and rebrand all 118 of its stores.   (full story)

  • Mountain Mike's is Ready to Climb the Pizza Ranks
    (qsrmagazine.com - 11/16/2018)
  • When they inherited Mountain Mike’s, it was growing at a steady pace of five to 10 units per year. Last year, the chain opened 18. It’s on pace to slightly surpass 20 in 2018. Britt says they’d like to get to the mid-20s and higher going forward.   (full story)

  • Grab a Cart. Americans overwhelmingly prefer grocery stores to buying food online, survey says
    (prnewswire.com - 11/16/2018)
  • Despite an abundance of new options for buying groceries online, American consumers still overwhelmingly prefer to do their shopping in stores, according to a new survey sponsored by facilities management and industry leader Vixxo.   (full story)

  • Lidl US to acquire 27 Best Market grocery stores
    (theproducenews.com - 11/16/2018)
  • Lidl plans a step-by-step transition process that will begin next year and will involve the remodeling, reinvestment and reflagging of Best Market stores to converted Lidl stores.   (full story)

  • Tire Discounters Continues to Grow
    (tirereview.com - 11/16/2018)
  • Family-owned and operated Tire Discounters, one of the fastest-growing companies in its industry, will continue to accelerate their southern expansion by opening 4 new stores before the end of the year.   (full story)

  • Ollie’s Bargain Outlet Celebrates Opening of 300th Store Near Baltimore
    (rebusinessonline.com - 11/16/2018)
  • The milestone location was opened on the same day as several other Ollie’s Bargain Outlet stores, bringing the company’s total to 303.   (full story)

  • Duane Reade Shrinking Store Footprint With New Crop of Manhattan Stores
    (commercialobserver.com - 11/16/2018)
  • Ubiquitous drug store chain Duane Reade is thinking small about its future—small in store size, that is. Commercial Observer has learned that Duane Reade is disposing of more than a dozen Manhattan stores (including some Walgreens outposts) while actively seeking smaller-format spaces in the borough.   (full story)

  • ASE, owner of Performance Bicycle and ASI, files for Chapter 11
    (bicycleretailer.com - 11/16/2018)
  • The move is likely to lead to the closure of at least 40 Performance stores in the coming months; the chain currently has 104 locations.   (full story)

  • Margin investments pay off for Natural Grocers
    (supermarketnews.com - 11/16/2018)
  • Natural Grocers by Vitamin Cottage now has 148 stores in 19 states and has signed leases for five new stores in Colorado, North Dakota, Oregon and Texas that are planned for 2019 or later.   (full story)

  • uBreakiFix Grows In Austin Area, Opens In Cedar Park
    (franchising.com - 11/15/2018)
  • The brand opened 99 new stores through the third quarter of 2018 and plans to continue the momentum through the end of the year...   (full story)

  • Wetzel’s Pretzels Celebrates the Opening of Its 350th Location
    (qsrmagazine.com - 11/15/2018)
  • Wetzel’s Pretzels announced on Thursday that it has opened its 350th location. The new, ground-up construction build is located at the Denver Premium Outlets. The store marks the ...   (full story)

  • Smart & Final upbeat on foodservice, online sales growth
    (supermarketnews.com - 11/15/2018)
  • For fiscal 2018, the company expects unit growth of four new Smart & Final Extra! and three new Smart Foodservice Warehouse stores...   (full story)

  • Shoe Carnival Reports Third Quarter Fiscal 2018 Financial Results
    (businesswire.com - 11/15/2018)
  • For the full fiscal year 2018, the Company expects to open three stores and close 14 stores...   (full story)

  • Nordstrom Reports Third Quarter 2018 Earnings
    (businesswire.com - 11/15/2018)
  • To date in fiscal 2018, the Company opened sixteen stores, closed two stores and relocated one store...   (full story)

  • iFresh, Inc. Reports Second Quarter 2019 Financial Results
    (nasdaq.com - 11/15/2018)
  • During this quarter, [the company has] been working diligently to continue building out three new store locations that have not yet opened...   (full story)

  • Launch Trampoline Park to Double National Presence in Next Few Years
    (franchising.com - 11/14/2018)
  • With 20 parks currently operating in 13 states, more than half of which have opened since the beginning of 2017 alone, company plans call for opening as many as 10-15 new parks each year over the next several years. Development deals have already been signed for ...   (full story)

  • Stater Bros. expansion continues with its first Pasadena store, opening Wednesday
    (pasadenastarnews.com - 11/14/2018)
  • All told, Stater Bros. has opened six new stores over the past 18 months. “That’s a pretty aggressive schedule for us,” Van Helden said. “If we open two or three new stores a year that’s a pretty comfortable spot, although this was a little more than that.   (full story)

  • Physical stores continue to be key for holiday shoppers
    (drugstorenews.com - 11/14/2018)
  • Retailers with a physical presence will see a 57.3% share when it comes to where consumers plan to complete the majority of their purchases, according to a new survey from JLL Retail.   (full story)

  • American Construction Source acquires Arrow Building Center
    (hbsdealer.com - 11/14/2018)
  • American Construction Source, the recently established pro dealer holding company, has made another big move – this time in the Midwest – with the acquisition of Arrow Building Center.   (full story)

  • Fajita Pete's to open 10 new Texas locations
    (fastcasual.com - 11/14/2018)
  • Houston-based Fajita Pete's, which operates 10 Texas locations, will open 10 more as part of four new franchisee development agreements.   (full story)

  • Multi-Brand Operator Brings Melt Shop to Two New States
    (franchising.com - 11/13/2018)
  • The restaurants are part of a 21-unit agreement for Smith to develop Melt Shops throughout Delaware, Pennsylvania, and New Jersey.   (full story)

  • Bad Daddy's Burgers Opens Fourth Location in Atlanta
    (foodnewsfeed.com - 11/13/2018)
  • The Company has six to eight more Bad Daddy’s locations slated for opening in the Southeast over the next twelve months.   (full story)

  • Monro Acquires Jeff Pohlman Tire in Ohio, Plus 7 Other Stores
    (moderntiredealer.com - 11/13/2018)
  • Jeff Pohlman Tire & Auto Service Inc., a 28-year-old family owned and operated business with five locations in Ohio, has been acquired by Monro Inc...   (full story)

  • Moe's Launches New Design, Menu Inspired by 'Untamed Southwest'
    (qsrmagazine.com - 11/13/2018)
  • Moe’s Southwest Grill has a new brand positioning and prototype to reflect the reenergized direction. The FOCUS Brands chain will debut a test kitchen and fresh model, The Oasis, on November 16 near its headquarters in Atlanta. The prototype will feature an update design and ...   (full story)

  • bellagreen expands Texas presence
    (fastcasual.com - 11/12/2018)
  • The new location is the brand's seventh overall in Texas and the first one located outside of Houston ... It is also the first of three new locations in the works. The other two are set for Plano, at The Shops at Legacy in December, and in Preston & Park come early next year.   (full story)

  • Ulta makes 2 tech acquisitions to push digital focus
    (retaildive.com - 11/12/2018)
  • The company also refined its U.S. store target to 1,500-1,700 stores, with plans to open 80 stores next year, 75 stores in 2020 and 70 stores in 2021, according to a press release.   (full story)

  • US consumers to spend an average of 554.90 US dollars during Thanksgiving weekend
    (fashionunited.com - 11/12/2018)
  • This holiday season looks promising for US retailers. A new survey conducted by the International Council of Shopping Centers with over 1,000 American consumers revealed they intend to spend an average of 554.90 US dollars over the Thanksgiving weekend.   (full story)

  • No sign of the retail apocalypse
    (nrf.com - 11/11/2018)
  • It’s been more than two years since the notion of a retail apocalypse took hold in the mainstream media — yet we haven’t seen it arrive. Instead of the predicted demise, retail’s fortunes are looking decidedly rosy.   (full story)

  • A Ford's Garage restaurant is opening in Orlando next week
    (orlandoweekly.com - 11/9/2018)
  • A Ford Motors-themed restaurant chain is opening its first Orlando location next week ... The Orlando restaurant will be the chain's 10th Florida location and 11th location overall.   (full story)

  • Tops readies for Chapter 11 exit
    (supermarketnews.com - 11/9/2018)
  • Tops Markets LLC has gained court approval for its reorganization plan and said it “shortly” expects to come out of Chapter 11 bankruptcy protection...   (full story)

  • Seasoned Franchise Expert Brings Blink Fitness to Syracuse
    (franchising.com - 11/9/2018)
  • The Blink Fitness Feel Good Experience® is coming to a gym near you in Liverpool, New York on November 14th thanks to the pioneering spirit of Dean Panos. This marks the first of five locations coming to Upstate New York.   (full story)

  • Pilot Flying J Details Third-Quarter 2018 Milestones
    (csnews.com - 11/9/2018)
  • Pilot Flying J completed three locations under its Facility Enhancement Project, its commitment to investing nearly $500 million to renovate existing locations over the next five years.   (full story)

  • Main Squeeze Juice Co. Expands in Texas
    (franchising.com - 11/9/2018)
  • Main Squeeze Juice Co., a newcomer to the more than $5 billion juice market, is continuing its Texas expansion with a 10-store deal for Houston, Austin and ...   (full story)

  • Sears, in bankruptcy, is set to close 40 more stores on top of dozens previously announced
    (usatoday.com - 11/9/2018)
  • The iconic retailer, which filed for Chapter 11 bankruptcy protection last month, said Thursday that it will shutter another 40 Sears and Kmart stores in February, on top of the 142 locations it previously announced would be closing by the end of this year.   (full story)

  • Save Mart Remodeling Plan Focuses On Customers
    (abasto.com - 11/9/2018)
  • California supermarket chain Save Mart is finalizing its multi-million dollar remodeling and new store opening project to attract new customers and stay competitive in the ever-changing grocery store industry.   (full story)

  • Cowboy Chicken Adds Co-Founder of Boston Market to Propel Growth
    (qsrmagazine.com - 11/9/2018)
  • Dallas-based Cowboy Chicken is poised for significant growth through franchising and corporate expansion. "We have a great opportunity with lots of white space available for growth. Our management team is getting stronger, and we are preparing to expand."   (full story)

  • ExtraMile Convenience Stores Celebrates 800th Location
    (cstoredecisions.com - 11/9/2018)
  • As it continues to expand across more of the western U.S., the company plans to grow to 1,400 ExtraMile sites nationwide by 2027.   (full story)

  • Dairy Queen's Grill & Chill Expansion Heats Up
    (qsrmagazine.com - 11/8/2018)
  • ... heading into 2019. Davis says Dairy Queen decided to focus on expansion in emerging markets across the U.S. Some of these markets already have a DQ presence. In others, it will be new territory for the brand. Dairy Queen’s target list of markets that are on the top of the list when opening new Grill & Chill’s include: ...   (full story)

  • Best In Class Education Center On Track to Open 18 Franchises in 2018
    (prweb.com - 11/8/2018)
  • In 2018, Best In Class opened new centers in Southern California, Florida, Georgia, and a host of other markets. In 2019, Peterson said the franchise is targeting even more new and existing territories, including Dallas, Austin, Charlotte, Raleigh, Los Angeles, Cincinnati, Central Florida, Northeast New Jersey and Northern Virginia.   (full story)

  • Mamoun’s Falafel Signs West Midtown Lease on First of Six Atlanta Locations
    (franchising.com - 11/8/2018)
  • Mamoun’s Falafel, the fastest growing Middle Eastern fast-casual restaurant in North America and oldest falafel restaurant in New York City, has secured a lease for its first of six locations across the Atlanta area. The first restaurant will be ...   (full story)

  • Honeygrow to close five locations, including all three in Chicago
    (philly.com - 11/8/2018)
  • Honeygrow will have 29 stores in nine states after the planned closures. The privately held restaurant chain, which has raised at least $70 million in funding, plans to "start growing again in 2020,"   (full story)

  • Casey’s Acquires Tri-Par Oil
    (cspdailynews.com - 11/8/2018)
  • Casey’s plans to convert all seven of the stations to the Casey’s brand, Tri-Par President Steve Gall told the newspaper. “It seemed like the right time to step aside and right company to move forward with,” he said.   (full story)

  • N.J.-based Destination Maternity to close 280 stores over next 4 years
    (nj.com - 11/8/2018)
  • It's all part of a strategic plan to "right-size its ship" and "prune oversaturated markets." The list of the stores that will be closed has not been revealed.   (full story)

  • Planet Fitness Opens 41 New Clubs, Reports 40 Percent Growth in 2018 Q3 Revenue
    (clubindustry.com - 11/8/2018)
  • The company opened 41 new franchise clubs during the quarter and saw system-wide same-store sales increase...   (full story)

  • Freshii CEO defends company's growth after withdrawing outlook through 2019
    (citynews1130.com - 11/8/2018)
  • The Toronto-based eatery opened 10 net new stores in its third quarter...The company had expected to have 730 to 760 stores by the end of its 2019 financial year...It is now scrapping the revised figures...   (full story)

  • Wayback Burgers continues growth spurt through Q3
    (fastcasual.com - 11/8/2018)
  • The chain also awarded seven U.S. franchises in Q3 2018, with 19 more under construction ... "We're also setting ourselves up for what promises to be another great year of growth in 2019,"...   (full story)

  • My Eyelab to bring up to 15 additional stores to Orlando area
    (bizjournals.com - 11/7/2018)
  • The Palm Springs-based chain plans to add an another 10 to 15 stores in the next few years...It has plans to end the year with 27 total stores in the state...   (full story)

  • Taco Bueno files for Chapter 11 bankruptcy protection
    (nrn.com - 11/7/2018)
  • “Upon Taco Bueno's completion of its restructuring, Sun Holdings intends to invest in remodeling Taco Bueno locations, increasing brand initiatives and enhancing the customer experience,”   (full story)

  • Badcock Home Furniture &more Opens Its 350th Location as It Celebrates 114 Years in Business
    (oleantimesherald.com - 11/6/2018)
  • Although the brand has seen a large amount of progress over its 114-year tenure, the growth in recent years has been nothing less than explosive. In the fiscal year of 2018 alone, the company set a new internal record by opening 16 new stores.   (full story)

  • Brick and mortar still has a future, according to retailers
    (fashionunited.com - 11/6/2018)
  • “It completely transformed our growth and our foot traffic, and it showed us what the future of retail is, and it’s definitely driven by the customer experience and community,” said Kriegsman.   (full story)






     

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