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Breaking Retail Real Estate News
  • Genesco Offloads Struggling Lids for $100M
    (footwearnews.com - 12/14/2018)
  • Genesco said today that it has entered into a definitive agreement to sell Lids Sports Group for $100 million in cash to FanzzLids Holdings.   (full story)

  • Dave & Buster’s opens fast-casual taco outlet
    (nrn.com - 12/13/2018)
  • Dave & Buster's Entertainment Inc., a full-service foodservice format since its founding in 1982, this past week pulled the wraps off its first fast-casual offering, a stand-alone T&T Tacos concept.   (full story)

  • Good Times Restaurants Inc. (GTIM) CEO Boyd Hoback on Q4 2018 Results
    (seekingalpha.com - 12/13/2018)
  • We have a 7 month gap until the summer when we will open the balance of our five to six planned stores for fiscal 2019...   (full story)

  • Houston-based retailer to close up to 40 boutiques in 2019, 'hit pause' on remodels
    (bizjournals.com - 12/13/2018)
  • Francesca’s only plans to relocate or open about 10 new stores in 2019...plans to end fiscal year 2018 having opened 32 stores and closed 25...   (full story)

  • Scotty’s Brewhouse locations named in Chapter 11 bankruptcy filing
    (therepublic.com - 12/13/2018)
  • Indianapolis-based Scotty’s Holdings LLC has filed for Chapter 11 bankruptcy protection and plans to close four of its Scotty’s Brewhouse locations by the end of the year.   (full story)

  • How To Prepare Commercial Real Estate For Premises Liability
    (forbes.com - 12/11/2018)
  • When it comes to premises liability claims, in general, the onus is on a business or property owner to ensure reasonable care of the premises. When proven negligent, they can become a target for personal injury attorneys whose aims are supported by statistics.   (full story)

  • Comcast Opens Seven Interactive Xfinity Stores In New England In 2018
    (prnewswire.com - 12/11/2018)
  • In 2018, Comcast opened seven interactive Xfinity Stores in New England, bringing the regional total to 29.   (full story)

  • Unit growth boosts Dave & Buster’s revenues
    (nrn.com - 12/11/2018)
  • The big-box food and entertainment brand is on track to open 15 new locations in its fiscal 2018, which ends Feb. 3. That increase will represent unit growth of 14 percent ...   (full story)

  • Retail Roundup: Popeyes plans 5 new locations on Long Island
    (newsday.com - 12/10/2018)
  • Five new Popeyes franchises are in the works on the Island...   (full story)

  • Culver’s Opens First Alabama Location in Foley
    (qsrmagazine.com - 12/10/2018)
  • Culver’s, which was founded in Sauk City, WI in 1984, is on track to open seven more restaurants before the end of the year; bringing the total number of 2018 openings to 48.   (full story)

  • Alabama Proves to be Hot Development Market for Anytime Fitness
    (prnewswire.com - 12/10/2018)
  • Anytime Fitness, the world's fastest-growing fitness franchise, recently announced plans to introduce perhaps 30 new gyms in targeted areas throughout Alabama. The community-focused brand will ramp up growth through ...   (full story)

  • Six Legal Tips For Purchasing Commercial Real Estate
    (forbes.com - 12/10/2018)
  • When it comes to commercial real estate, it is of paramount importance that, when you retain legal counsel, they take an in-depth look at all the nuances that make up the future transaction.   (full story)

  • Several businesses set to open soon at Shops at Warren Place
    (tulsaworld.com - 12/9/2018)
  • Schultz added that he sees Tulsa as a three-location market and is a key area for expanding his presence in Oklahoma.   (full story)

  • uBreakiFix, Smoothie King come to Range Line
    (joplinglobe.com - 12/8/2018)
  • The Joplin store is part of a franchise that includes Springfield, Joplin, Fayetteville, Arkansas, and all of Oklahoma. Howard said the plan is to open 30 stores over the next two years.   (full story)

  • SHOS posts Q3 declines, plans store closings
    (hbsdealer.com - 12/7/2018)
  • Sears Hometown and Outlet Stores will close 80 to 100 stores in the fourth quarter.   (full story)

  • GNC: The Store Base
    (seekingalpha.com - 12/7/2018)
  • GNC announced during the third quarter call plans to close 700-900 additional company stores over the next three years.   (full story)

  • Hollywood Feed pet supply chain enters Sunshine State
    (dailymemphian.com - 12/7/2018)
  • Hollywood Feed expands into the Sunshine State...Florida becomes the 13th state served by the Memphis-based specialty pet supply retailer...   (full story)

  • Device Pitstop Ending 2018 on a High Note with Two New Stores
    (franchising.com - 12/7/2018)
  • Tech Resale Franchise Opens Second Location in Kentucky While Planning for New Location in Fargo, North Dakota.   (full story)

  • 'Look At The Numbers, Not The Headlines': Retail Vacancies Hit 15-Year Low
    (bisnow.com - 12/7/2018)
  • As of the third quarter of this year, the retail vacancy rate in the U.S. remained at 4.5%, JLL Director of Retail Research James Cook said. Vacancies have been flat for more than four quarters and retailers have become increasingly competitive when hunting for locations.   (full story)

  • Captain D's Opens in Stephenville, TX
    (restaurantnewsresource.com - 12/6/2018)
  • The new Stephenville restaurant is owned and operated by first-time Captain D's franchisee Mohammad "Jimmy" K. Jamshed of Alaskan Ventures LLC, and marks the first of three restaurants he's currently developing in Texas.   (full story)

  • Checkers & Rally’s Celebrates Strong Year of Growth at Annual Convention in Chicago
    (restaurantnews.com - 12/6/2018)
  • Checkers & Rally’s, the iconic drive-thru franchise known for its value, bold flavors and people-first attitude, is closing out a successful 2018 with a lot to celebrate. Twelve new restaurants are set to open before the end of the year, for a total of 43 new restaurants in 2018, including the landmark 900th ...   (full story)

  • Tacoma Mall Becomes 60th Location For Texas De Brazil’s Family-Owned Brazilian Steakhouse Brand
    (restaurantnews.com - 12/6/2018)
  • Texas de Brazil is now the largest Brazilian-American steakhouse brand in the world, with restaurants in 21 states and seven countries   (full story)

  • Christopher & Banks closing up to 40 stores
    (bizjournals.com - 12/5/2018)
  • Women's clothier Christopher & Banks plans to close 30 to 40 stores over the next two years...   (full story)

  • Circle K Acquires 4 C-Stores in Northern Illinois
    (cspdailynews.com - 12/5/2018)
  • Circle K Stores Inc., a subsidiary of Alimentation Couche-Tard Inc., has closed on the sale of substantially all of the assets of Carls Oil Co Inc., Hinkley, Ill.   (full story)

  • Crazy 8 closing; Children’s clothing chain operated by Gymboree
    (al.com - 12/5/2018)
  • All company-owned Crazy 8 locations will be closed and the number of Gymboree stores will be “significantly” reduced in 2019, according to a release from owners Gymboree Group.   (full story)

  • Glory Days Grill Opens 10th Florida Location
    (foodnewsfeed.com - 12/5/2018)
  • The president of our Glory Days Grill franchisee, Jesse McPherson, is already looking toward the future. “We are currently planning four more restaurants in the Florida market during the next calendar year, including ...   (full story)

  • Habit Burger heading to Chicago
    (fastcasual.com - 12/4/2018)
  • The Habit Burger Grill is expanding to Illinois and Indiana with a 20-store ...   (full story)

  • Shopko closing 39 stores
    (retaildive.com - 12/4/2018)
  • A Shopko representative confirmed in an email to Retail Dive that the company is closing 39 stores...   (full story)

  • Fat Brands acquires Yalla Mediterranean
    (nrn.com - 12/4/2018)
  • Yalla Mediterranean — a Manhattan Beach, Calif.-based fast-casual chain serving build-your-own wraps, salads, and platters — was acquired by Fat Brands Inc., officials ...   (full story)

  • Rouses Is The Shelby Report Of The Southeast’s Retailer Of The Year
    (theshelbyreport.com - 12/4/2018)
  • The grocer now has reached 60 stores in three states—Louisiana, Mississippi and Alabama—with an average of five to eight new stores a year expected to be added for the foreseeable future.   (full story)

  • RH to “pivot back” to sustainable growth
    (hometextilestoday.com - 12/4/2018)
  • RH is also working to accelerate its real estate transformation, opening five to seven new Galleries per year, up from three to five annually. In fiscal 2019, five new Galleries will open in Edina, Minn.; Charlotte, N.C.; Corte Madera, Calif.; San Francisco; and Columbus, Ohio. RH will also open its first Guesthouse in New York City.   (full story)

  • RaceTrac Celebrates Milestone of 500th Store Opening
    (csnews.com - 12/4/2018)
  • "We are thrilled to reach this incredible milestone. In 2018, we've continued on a tremendous growth trajectory with 54 new stores opening by the end of the year," RaceTrac Petroleum President Billy Milam.   (full story)

  • Giant Food Investing $175M in Expansion, Store Improvement
    (progressivegrocer.com - 12/4/2018)
  • The investment, which will cover one new store and 24 store remodels across the banner’s market area, is in addition to its recently revealed $21 million investment in a new store set to open this spring in Olney, Md.   (full story)

  • Frank’s Supermarkets to sell three stores to Rouses
    (houmatoday.com - 12/4/2018)
  • The Frank’s locations in Larose and Golden Meadow will transition to Rouses stores by late January, and the Lockport location, from which Rouses will purchase the inventory, will close on Dec. 15.   (full story)

  • Dollar General Focuses on Food as It Eyes Expansion
    (news.morningstar.com - 12/4/2018)
  • In its fiscal 2019, which starts Feb. 2, the discount retailer plans to open 975 new stores, remodel 1,000 stores and relocate 100 stores, the company said Tuesday. That is 75 more store openings than expected in fiscal 2018.   (full story)

  • Ashley HomeStore marks 900th store
    (furnituretoday.com - 12/4/2018)
  • With Ashley HomeStore’s located in 54 countries, the opening of these five stores in New Zealand, a new country for the brand, Ashley now has 310 international HomeStores.   (full story)

  • New Saraland Publix to open Wednesday
    (al.com - 12/3/2018)
  • According to corporate information it has opened a dozen stores in the last two months, including one in Madison, Ala. In addition to the Saraland store the company plans to open three more in December, two in Florida and one in Virginia.   (full story)

  • Joint Venture Between ArcLight and BP to Acquire Thorntons
    (cstoredecisions.com - 12/3/2018)
  • Subject to regulatory approval, the joint venture will continue to operate all existing stores under the Thorntons name and will retain Thorntons team members working out of the Store Support Center in Louisville.   (full story)

  • Bob's Discount heading to Detroit
    (furnituretoday.com - 12/3/2018)
  • The six February openings will push Manchester, Conn.-based Bob’s total store count to 110 stores and are on top of the net 15 stores the company has opened so far this year.   (full story)

  • Rush Bowls signs 5-store deal for Michigan locations
    (fastcasual.com - 12/3/2018)
  • Rush Bowls has signed a five-store development deal with Elizabeth Lehman, president of ...   (full story)

  • MacKenzie River Continues to Spread Happiness
    (restaurantnews.com - 12/3/2018)
  • MacKenzie River has 28 locations in eight states with more locations to come. These include Montana, Idaho, Washington, North Dakota, South Dakota, Indiana, Kentucky, Ohio, and Nevada. The expansion plan for MacKenzie River has the brand growing across the country with both ...   (full story)

  • Expert Franchise Team brings Blink Fitness to Three New Markets
    (franchising.com - 12/3/2018)
  • On the move again, Blink Fitness is rapidly accelerating its growth into major markets across the United States. Blink, which focuses on how exercise makes you feel rather than exclusively on how it makes you look, is set to break into new metropolitan areas with the signing of a 10-gym agreement.   (full story)

  • Benzer Pharmacy Registers 30th Franchise Location in Wadesboro, North Carolina
    (prweb.com - 11/30/2018)
  • The latest tally introduces the brand to a small town emblematic of “Tar Heel” pride and spirit—a community that Franchise President Vinesh Darji says fits perfectly into the Benzer Pharmacy mission of preserving the old-fashioned, neighborhood pharmacy feel.   (full story)

  • UNFI Sells Supervalu’s Hornbacher’s Stores To Coborn’s Inc.
    (theshelbyreport.com - 11/30/2018)
  • Supervalu Inc., has entered into a definitive agreement whereby Coborn’s Inc. will acquire seven Hornbacher’s locations, as well as Hornbacher’s newest store currently under development in West Fargo, North Dakota.   (full story)

  • Performance Bicycle will close 40 stores as part of its bankruptcy. Here’s the list.
    (newsobserver.com - 11/30/2018)
  • "Once we get through this Chapter 11, and we are able to renegotiate leases on some of these stores, or find some other solution that will help them get profitable again, we may determine that the store shouldn’t close,” Karen Bliss, a spokeswoman for Advanced Sports.   (full story)

  • Enex Completes Acquisition of Road Ranger Travel Centers
    (cspdailynews.com - 11/30/2018)
  • "This allows us to project in that country, where the goal is to open three or four travel centers a year. "   (full story)

  • Property Management 101: The One Thing All Landlords Should Do
    (forbes.com - 11/30/2018)
  • Still, it is important for property managers to take in new ideas within their industry — including the increasing influence of social media and online review sites — as well as continuing the meet the everyday wants and needs of their tenants.   (full story)

  • Dog Haus Plans to Double in Size in 2019
    (qsrmagazine.com - 11/29/2018)
  • On the heels of the brand’s 8th anniversary, Dog Haus, the gourmet hot dog concept recognized for its all-beef hot dogs, hand-crafted sausages, burgers and craft beer, announced plans to double in size by the end of 2019. Both new and longstanding franchisees have committed to open a number of locations throughout Arizona, California, Colorado, Illinois, Maryland and Texas, and the first   (full story)

  • Hooters Newest Bolivia Location Opens in Santa Cruz
    (restaurantnews.com - 11/29/2018)
  • The opening is part of a five-location agreement. Following its first and second locations in Santa Cruz, Francorp SRL will open three additional Hooters restaurants, one each in La Paz, Cochabama and Tarija. Hooters continues its acceleration of restaurant openings and is actively ...   (full story)

  • Captain D’s sets expansion sail for south Florida, North Carolina
    (fastcasual.com - 11/29/2018)
  • Captain D's has signed two franchise development deals with experienced multi-unit operators to launch its first south Florida locations and expand in North Carolina.   (full story)






     

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