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Breaking Retail Real Estate News
  • Harry & David pops up this Christmas
    (retailleader.com - 10/19/2018)
  • The food retailer is adding 22 pop-up shops to its holiday retail strategy this year with seven new locations planned.   (full story)

  • The Evolution of the Health Club as a Tenant in Retail and Mixed-Use Developments; Pros and Cons
    (natlawreview.com - 10/19/2018)
  • The attraction of a health club as a tenant in a high end residential or mixed-use building cannot, however, be denied. Landlords looking to add a fitness center tenant to their roster should contact their attorney to ensure their lease covers their unique needs of these tenants.   (full story)

  • Auction results announced for remaining Heritage Home brands
    (furnituretoday.com - 10/19/2018)
  • Yesterday, the Company hosted an auction for the sale of its Thomasville & Co. and Broyhill business lines. We are announcing today that an affiliate of Authentic Brands Group and the Schottenstein Organization emerged as the winning bidder for the intellectual property assets of both business lines.   (full story)

  • Red-Hot Domino's and the Road to 30,000 Restaurants
    (qsrmagazine.com - 10/18/2018)
  • Domino’s CEO Ritch Allison made a comment and then repeated it. It was simply the kind of performance indicator that needed to be heard twice. “Year-to-date in 2018, we have only closed just seven stores in the U.S.,” said Allison, who took over for longtime leader J. Patrick Doyle this past summer, “while opening 140 ...   (full story)

  • Is Paris Baguette America's Next Great Bakery Chain?
    (qsrmagazine.com - 10/17/2018)
  • The brand has ambitious growth targets, to put it lightly. Top of the chart: 1,000 domestic stores by 2030. By its current model ...   (full story)

  • Smart & Final Reaches Milestone With Extra Banner
    (progressivegrocer.com - 10/17/2018)
  • Smart & Final Stores Inc. has reached a new milestone today, opening the 200th location under its Smart & Final Extra banner, in Long Beach, Calif.   (full story)

  • Custom T-shirt company opens first Wisconsin store in Mequon
    (jsonline.com - 10/17/2018)
  • Since opening its first franchised store in 2009, Big Frog has expanded to 85 stores, not including another 11 stores under development. Big Frog plans to add another 26 franchise stores in 2018 through franchise partnerships.   (full story)

  • Daphne’s buys Noon Mediterranean out of bankruptcy
    (nrn.com - 10/17/2018)
  • Daphne’s Inc. has acquired Noon Mediterranean out of bankruptcy in a deal expected to be announced later this week. Within 60 to 90 days, Daphne’s parent ...   (full story)

  • Ziggi’s Coffee Signs Multi-Unit Franchise Agreement for Northern Colorado Locations
    (franchising.com - 10/17/2018)
  • With 11 existing Colorado locations, and additional units in development, Ziggi’s Coffee is positioned to quickly grow its presence in a variety of communities across the U.S.   (full story)

  • Structural Elements® Adds Area Development Program and Chief Development Officer to Bolster ...
    (franchising.com - 10/17/2018)
  • Currently, Structural Elements® is focusing on the MidAtlantic, Southeast, and the Midwest for area development growth.   (full story)

  • Cherry Blow Dry Bar Blows Into the West Coast
    (franchising.com - 10/16/2018)
  • Cherry Blow Dry Bar - an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments has signed for a massive 50-store development deal to establish salons in California and Nevada over the next several years.   (full story)

  • Jiffy Lube Franchisee Building Its 30th Store
    (moderntiredealer.com - 10/16/2018)
  • A franchisee of Jiffy Lube International Inc. locations is in the midst of a major growth spurt. SRE Group recently opened its 29th Jiffy Lube location, and has two more stores that are expected to open in Nevada by the end of 2018. The SRE Group is one of those fast-moving franchisees, with stores in Utah, Montana and Nevada.   (full story)

  • Booming Miami Grill Upgrades to new Boca Raton Headquarters
    (restaurantnews.com - 10/16/2018)
  • Over a quarter century after establishing its corporate residency in the Fort Lauderdale Miami Subs Office Building, the industry-leading fast casual restaurant concept, Miami Grill, has moved its global headquarters to Boca Raton, Florida.   (full story)

  • Growing Bigger in Texas: MOOYAH Burgers, Fries & Shakes Now Open in Richardson’s CityLine
    (franchising.com - 10/16/2018)
  • The Richardson opening at CityLine is another example of the brand’s commitment to growth throughout Texas where the company currently operates more than 25 restaurants and sees opportunity for continued growth in its home state.   (full story)

  • Beverly Hills Rejuvenation Center Signs Development Agreement for Seven Locations Throughout Houston
    (franchising.com - 10/15/2018)
  • After years of freshening the faces of LA’s top celebrities and health-conscious residents at its flagship clinic, Beverly Hills Rejuvenation Center is headed to Houston. The Los Angeles-based franchise, already recognized as one of the nation’s leaders in age management and wellness, has signed an agreement for the development of seven local centers.   (full story)

  • Sears files for bankruptcy; Eddie Lampert steps down as CEO
    (cnbc.com - 10/15/2018)
  • As part of the bankruptcy, Sears will shutter 142 stores toward the end of the year. It expects to begin liquidation sales shortly. The locations of these stores wasn't immediately known.   (full story)

  • Going the Distance With ExtraMile
    (csnews.com - 10/15/2018)
  • In February when the new company was formed, ExtraMile said it wanted to double its network in 10 years. "We were at 750 stores, so that would be 1,500 by 2028, and we’re really bullish on that number," Casadont confirmed. "I think there’s certainly more that we can do."   (full story)

  • Ross stores opens 40 new locations
    (seekingalpha.com - 10/15/2018)
  • Ross Stores announces the recent opening of 30 Ross Dress for Less and 10 dd's DISCOUNTS stores across 19 different states in September and October, completing the Company's store growth plans for FY2018...   (full story)

  • Little Big Burger opens first Seattle unit
    (fastcasual.com - 10/12/2018)
  • This location is its first in Seattle and is part of Chanticleer's 10-store commitment in the Pacific Northwest, with ...   (full story)

  • Marathon Petroleum Rebranding SuperAmerica
    (cspdailynews.com - 10/12/2018)
  • Marathon Petroleum Corp. is rebanding the recently acquired SuperAmerica convenience-store chain to its Speedway brand, the company said. Speedway LLC, a wholly owned subsidiary of Marathon Petroleum, began the integration and conversion of the SuperAmerica-branded retail locations on Oct. 1.   (full story)

  • Panic Over E-Commerce’s Effect on Retail Real Estate is Full of Myths
    (rebusinessonline.com - 10/12/2018)
  • “Less than 4 to 5 percent of total retail sales are going to online-only players. This is a very different picture than what we’re usually presented,” said Cordero.   (full story)

  • Store Closing Sales Begin Immediately At 184 Select National Stores
    (prnewswire.com - 10/12/2018)
  • National Stores will begin a store closing sale at 184 of its remaining locations today. The specific stores that will be closing are currently branded as Fallas and Factory 2-U stores across 12 states and Puerto Rico.   (full story)

  • Claire's Successfully Completes Financial Restructuring
    (prnewswire.com - 10/12/2018)
  • All businesses continued to operate as usual throughout the restructuring. The Company has eliminated approximately $1.9 billion of debt from its balance sheet and gained access to $575 million in new capital.   (full story)

  • Sola Salon Studios Announces Majority Interest Acquisition
    (franchising.com - 10/11/2018)
  • Sola Salon Studios has become a category-defining ... plans to continue its strong growth and anticipates opening more than 50 new locations per year.   (full story)

  • Dunkin’ and Baskin-Robbins Continue Growth in Colorado with Nearly 20 New Locations Planned ...
    (restaurantnews.com - 10/11/2018)
  • Dunkin’, America’s all-day, everyday stop for coffee and baked goods, continues to focus on growth and development efforts outside of the Northeast, announcing today the signing of six multi-unit store development agreements in Colorado. Over the next few years ...   (full story)

  • Shari’s Blossoms Again at 40
    (restaurantnews.com - 10/11/2018)
  • Shari’s first renovation is an exciting evolution for, not only the Gresham/Halsey Crossing location, but for all of Shari’s 93 Restaurants which will undergo transformations within the next few years.   (full story)

  • Slapfish Lands in Florida, with More Expansion Ahead
    (qsrmagazine.com - 10/11/2018)
  • Orlando will be the first of many Slapfish locations in Florida as the restaurant continues to expand. There are more than 150 Slapfish locations in development nationwide.   (full story)

  • Capriotti’s prototype puts kitchen front and center
    (nrn.com - 10/10/2018)
  • Capriotti’s also said it is moving toward a smaller footprint, reducing the size to about 1,400 square feet from the previous 1,800 square feet and giving franchise owners more real estate options and more varied footprints.   (full story)

  • DSW and Authentic Brands Group to acquire Camuto Group
    (fashionunited.uk - 10/10/2018)
  • DSW Inc. has announced the acquisition of operations of Camuto Group, known for its Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand.   (full story)

  • Lidl Expands New Jersey Network, Announces Opening Dates For New Stores
    (andnowuknow.com - 10/10/2018)
  • Lidl is upping the bounties of its store locations in New Jersey, announcing it will be opening three new stores over the course of October and November.   (full story)

  • Mountain Mike’s Pizza Opens 200th Restaurant
    (restaurantnews.com - 10/9/2018)
  • With 12 new restaurants opened in multiple markets this year and four slated to open within the next few weeks, the Mountain Mike’s system has accelerated its growth pace and has plans to surpass 300 units within the next few years.   (full story)

  • Five Secrets to Maximizing a Landlord’s Claim in Tenant Bankruptcies
    (nreionline.com - 10/9/2018)
  • Contrary to popular belief, landlords can use multiple strategies to recover rent from bankrupt tenants.   (full story)

  • Expanding Growler USA Elevates the Craft Concept
    (foodnewsfeed.com - 10/9/2018)
  • Growler USA might be a relatively small franchise now. Kutac, however, has designs to change that. He says the concept is on target to double units in an about 18-month period. After that, the goal is to double again in the following two years. In other terms, 60 by the end of 2021.   (full story)

  • Durkin named COO at FFO Home
    (furnituretoday.com - 10/9/2018)
  • Zigerelli called it “our best store opening yet,” and said the retailer intends to open at least 10 FFO stores year going forward.   (full story)

  • TBC Says Goodbye to Merchant's Tire & Auto Service Brand
    (moderntiredealer.com - 10/8/2018)
  • TBC Corp. is rebranding the last 46 Merchant's Tire & Auto Service Center stores. By the end of November those final locations, in Maryland and Virginia, will take on the NTB Tire & Service Center name. When the final conversions are complete, there will be nearly 550 NTB retail stores in 23 states.   (full story)

  • This Mall Will Have a Spa, Café, Pool and Restaurant - All in a Former Anchor Store
    (costar.com - 10/8/2018)
  • The company earlier this year opened athletic resorts in Cypress, Texas; Fort Worth, Texas; Burlington, Massachusetts; and Princeton, New Jersey. Those feature many of the amenities at Southdale but are larger, stand-alone facilities not connected to shopping centers. Life Time is building similar projects at Brea Mall in Los Angeles and Phipps Plaza in Atlanta.   (full story)

  • Bluestar Alliance LLC Announces Winning Brookstone Auction and Buyer of the Business
    (prnewswire.com - 10/8/2018)
  • Bluestar Alliance was selected as the winning bidder for the Brookstone intellectual property and related assets after a robust auction process. Bluestar's bid includes cash and other consideration in excess of $80 million.   (full story)

  • Jack's jumps into Chattanooga area restaurant market
    (timesfreepress.com - 10/7/2018)
  • A Birmingham, Alabama-based restaurant chain plans to triple its eateries in the Chattanooga area with new sites in ...   (full story)

  • Batteries Plus Bulbs coming to the SCV
    (signalscv.com - 10/5/2018)
  • A Wisconsin-based franchise known for its wide selection of batteries, light bulbs and smart device repairs announced its plan to add more stores in Southern California ... store is set to join 11 new ones scheduled in Palmdale, Lancaster, Burbank and Glendale, coming to a total of 54 California locations and more than 700 nationwide within the next...   (full story)

  • Wawa Celebrates 20 Years in Virginia
    (csnews.com - 10/5/2018)
  • As part of its anniversary, Wawa is furthering its foothold in Virginia with plans to open three additional stores in the central Virginia market before the end of the year.   (full story)

  • Coen Markets to Acquire CoGo’s
    (cspdailynews.com - 10/5/2018)
  • Coen Markets Inc. has signed a definitive agreement to purchase the outstanding stock and operating assets of Pittsburgh-based CoGo’s Co., which operates 38 convenience stores in western and central Pennsylvania, West Virginia and Maryland and has a franchise program.   (full story)

  • Woody's Bar-B-Q Heads to Florida's Gulf Coast
    (foodnewsfeed.com - 10/5/2018)
  • ... In addition to its 18 locations in Florida, Woody’s Bar-B-Q also has a presence in Augusta, GA; Nanuet, NY; Yonkers, NY; Huntingdon, PA; and Murray, KY. Future plans for expansion in Florida include locations in Fort Lauderdale, Orlando and Cocoa Beach.   (full story)

  • Mattress Firm files for Chapter 11 bankruptcy protection, will close up to 700 stores
    (usatoday.com - 10/5/2018)
  • Houston-based Mattress Firm plans to close as many as 700 of its 3,230 company-owned stores. Those stores are located "in certain markets where we have too many locations in close proximity to each other," CEO Steve Stagner said in a statement.   (full story)

  • Stop & Shop Reinvention Begins in Hartford
    (winsightgrocerybusiness.com - 10/5/2018)
  • Ahold Delhaize’s Stop & Shop brand unveiled a new look, layout and features at 21 stores in the Hartford, Conn., market that officials said would test a comprehensive reinvention of the entire chain. The $70 million investment includes the introduction of a retro-inspired “traffic light” logo.   (full story)

  • Wetzel’s Pretzels Targets Texas for Growth
    (qsrmagazine.com - 10/4/2018)
  • Beyond Wetzel’s Pretzels’ sales momentum, company leadership view Texas as a fantastic growth opportunity thanks to the enormous amount of well-trafficked large properties across the state. Wetzel’s Pretzels currently has more than ...   (full story)

  • Tropical Smoothie Cafe Continues Expansion In Ohio With Six-unit Development Deal
    (restaurantnewsresource.com - 10/4/2018)
  • Tropical Smoothie Cafe announced the signing of a six-unit development agreement with franchising veterans Kevin and Mike Couchman, which will expand the brand's presence throughout Ohio. The first of the new Ohio cafes is slated to open in Columbus in ...   (full story)

  • Manduu America Inks 50-Unit Franchise Agreement to Bring First FDA-Cleared EMS to Houston
    (businesswire.com - 10/4/2018)
  • The nation’s first FDA-cleared whole-body Electrical Muscle Stimulation (EMS) fitness studio is coming to Houston, with a plan to open as many as 50 locations over the next eight ...   (full story)

  • Monkee's Franchise Gears Up for Aggressive National Expansion
    (benzinga.com - 10/4/2018)
  • Monkee's Franchising, LLC today announced plans to attract new franchise locations beyond its southeastern U.S. base. Monkee's, an upscale women's boutique franchise headquartered in Winston Salem, North Carolina, has grown to 27 locations ... growth plan calls for 10 to 15 new ...   (full story)

  • NRF Forecasts Holiday Sales Will Increase Between 4.3 and 4.8 Percent
    (nrf.com - 10/3/2018)
  • The National Retail Federation announced today that it expects holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — to increase between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89 billion.   (full story)

  • Opening alert: Joe & The Juice at Stanford Shopping Center
    (almanacnews.com - 10/3/2018)
  • Danish juice chain Joe & The Juice has opened No. 2 of three locations in Palo Alto at Stanford Shopping Center. The Stanford Joe & The Juice is the company's 50th U.S. location.   (full story)






     

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