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Breaking Retail Real Estate News
  • Pandora Plots a Comeback. Think Pink.
    (nytimes.com - 9/15/2019)
  • A new logo and fresh branding approach also were debuted, and the company said it would be redesigning its 2,700 retail stores and online platforms.   (full story)

  • Commercial landlord must mitigate damages
    (itemonline.com - 9/15/2019)
  • That interest is protected, however, not by relieving the landlord of the duty to mitigate damages, but by allowing the landlord to recover not just lost rent, but such other financial losses as may have been caused by the breach of the lease.   (full story)

  • Crave Hot Dogs & Barbecue arrives in Generation Park area
    (mysanantonio.com - 9/14/2019)
  • Crave was founded in 2018 by Samantha and Salvatore Rincione. Since then, the company has signed multiple locations in Georgia, Florida, North Carolina, Oklahoma and ...   (full story)

  • First Houston area In-N-Out could be open by the end of the year
    (abc13.com - 9/14/2019)
  • The Houston area is officially getting several In-N-Out Burger locations. Right now, it's a race to the finish for two In-N-Out locations expected in the Houston area by the end of the year, with at least one other site waiting on a construction start date.   (full story)

  • My Eyelab Plans Retail Expansion in Houston Area with 10 New Locations by 2020
    (visionmonday.com - 9/13/2019)
  • The new stores – located in Wallisville, Richmond, Tomball, Westchase, Pearland, Cypress, Spring and Humble – are scheduled to open between this month and the first quarter of 2020, the announcement noted. The new locations will increase the company’s retail store presence in Texas to 69 offices.   (full story)

  • Exclusive: Inside EG Group's U.S. Strategy
    (cspdailynews.com - 9/13/2019)
  • And it goes beyond M&A. EG America will build six to 10 NTI locations this year, about 25 to 30 next year and 50 to 100 per year after that. “My role is to expand the business and have 5,000 sites in the U.S. in three years,” Lawrence says. “The U.S. is a key area for EG Group and we will be investing significant capital in this market as it presents a tremendous opportunity for the group to expand further.”   (full story)

  • Under Armour said it has no plans to enter athleisure, will focus on growing full-price stores
    (cnbc.com - 9/13/2019)
  • It also plans to have up to 2,500 stores open by the end of 2023 and focus on making more of them full-price locations.   (full story)

  • Corky's Announces Grand Opening of New Restaurant in Cypress
    (finance.yahoo.com - 9/13/2019)
  • In addition to their Katy and Cypress locations, Corky's Ribs & BBQ plans to continue expanding to several locations throughout the Houston area.   (full story)

  • Canadian Favorite Ben & Florentine Announces Franchise Opportunity in United States
    (finance.yahoo.com - 9/13/2019)
  • Ben & Florentine, a favorite breakfast and brunch restaurant in Canada, is going south of the border. The hot spot known for artful, delicious twists on breakfast classics, is pleased to announce its franchise opportunity is now available in the United States.   (full story)

  • Forever 21 reportedly set to close 'at least' 100 stores in bankruptcy
    (wandtv.com - 9/13/2019)
  • Forever 21 reportedly could close more than 100 stores in bankruptcy as the fashion retailer grapples with expensive leases and declining mall traffic. The company is planning to shut down "at least" 100 locations as part of its restructuring plan, Bloomberg reported Friday.   (full story)

  • Old Navy Has Been Resurrected In A Big Way
    (markets.businessinsider.com - 9/13/2019)
  • Gap Inc.'s, Old Navy brand announced plans to open 800 new stores as part of its upcoming split from its parent company. "We'll almost double our fleet to 2,000 stores in North America, predominantly in under-served small markets," Old Navy CEO Sonia Syngal said. The company said the plan was to open up around 75 stores a year, "focused on off-mall locations."   (full story)

  • Anytime Fitness’ Parent Company Acquires The Bar Method
    (sgbonline.com - 9/12/2019)
  • Self Esteem Brands, the parent company of Anytime Fitness, has purchased The Bar Method – a popular, low-impact fitness franchise with 123 studios across 30 states and Canada. Self Esteem Brands will initially offer new franchise territories throughout North America, while exploring additional franchising opportunities internationally.   (full story)

  • Anthony’s Coal Fired Pizza Builds a Brand with Lasting Power
    (saporemagazine.com - 9/12/2019)
  • Anthony’s dartboard objective is to hit 100 locations by 2024 or so. It plans to open three, five, and seven restaurants, respectively, in the coming years before reassessing.   (full story)

  • Huddle House agrees to buy Perkins
    (nrn.com - 9/12/2019)
  • Huddle House Inc. agreed to buy 342 Perkins Restaurant & Bakery locations, the company said Thursday. The Atlanta-based family-dining brand said it expected the deal to close on ...   (full story)

  • Capriotti’s Sandwich Shop Continues Major Pacific Northwest Expansion
    (restaurantnews.com - 9/12/2019)
  • Capriotti’s Sandwich Shop, known for its award-winning, hand-crafted sandwiches has signed a franchise agreement with a local entrepreneur to open 17 new restaurants across Idaho, Montana, Washington and ...   (full story)

  • KeHE signs MOM’s Organic Market
    (supermarketnews.com - 9/11/2019)
  • Rockville, Md.-based MOM’s has been on a growth track. The organic grocer opened its newest location, a 16,000-square-foot store in Gaithersburg, Md., in June, which followed new-store openings in White Marsh, Md.; Cherry Hill, N.J.; Baltimore; and Philadelphia.   (full story)

  • Gamestop To Close 180-200 “Underperforming” Stores Before End Of 2019
    (twice.com - 9/11/2019)
  • According to a report by Engadget, Gamestop has announced that 180 to 200 of their retail locations will close their doors by the end of 2019. While the loss of jobs and stores is disappointing, this news is not a surprise to anyone who has followed the decline of the retail gaming company over recent years.   (full story)

  • Trader Joe’s Fearlessly Flies Into New Markets
    (winsightgrocerybusiness.com - 9/10/2019)
  • Trader Joe’s is on the move, with a flurry of recently announced new stores that are “coming soon.” Last week, the Monrovia, Calif.-based grocer announced four new stores—in Brick, N.J.; Nashville; Philadelphia; and Wichita, Kan.—with opening dates and times to be determined. Since January of this year, an additional 11 new Trader Joe’s stores have opened or will open soon.   (full story)

  • New Tenant Mixes Drive Retail Redevelopments
    (rebusinessonline.com - 9/10/2019)
  • To that end, developers and landlords must be able to clearly articulate their vision for a redevelopment project to all necessary parties, including municipalities, which are often heavily involved in redevelopment projects. They must also be able to tailor their language to the specific area of expertise of each company involved and keep the needs of current and prospective tenants at the top of their minds.   (full story)

  • Late-Night, Miami-Based, Sushi Hotspot Looks to Expand Across Florida through Franchising
    (finance.yahoo.com - 9/10/2019)
  • ... Sushi Sake currently has 14 locations in South Florida, with five more locations in different stages of development. The franchise expansion across the rest of the state will focus on areas of Florida seeing population growth, including ...   (full story)

  • Pizza Inn Executes Multi-Unit Franchise Agreement to Expand in Oklahoma and Kansas
    (restaurantnewsrelease.com - 9/10/2019)
  • RAVE President Bob Bafundo announced today that Pizza Inn, the international pizza restaurant with a local hometown feel, has executed an area development agreement with Franchisee Tony Nemer. The development strategy has Nemer bringing Pizza Inn stores to towns in both southern Kansas and northern Oklahoma ...   (full story)

  • Hair affair: Local barbershop expands, franchises
    (thebusinessjournal.com - 9/10/2019)
  • At the end of July, The Great American Barbershop’s first franchised location opened up in Orange County’s Laguna Hills, and four more franchise locations are set to open in Fresno, Clovis, Visalia, and Valencia by the end of this year.   (full story)

  • Chicken Salad Chick To Open 10th Restaurant In Texas
    (franchising.com - 9/10/2019)
  • ... Meggie sought to open a restaurant of her own and alongside her husband John, opened the first Chicken Salad Chick restaurant in the state of Texas. Three years later, the duo now owns and operates restaurants in Fort Worth, Hurst and Burleson with plans to open five additional restaurants over the next ...   (full story)

  • Evergreens and Garden Bar to merge
    (nrn.com - 9/9/2019)
  • Seattle-based health-oriented concept Evergreens has purchased a similar concept, Garden Bar in Portland, Ore., for an undisclosed sum, the two chains ...   (full story)

  • Round Table Pizza unveils redesign
    (nrn.com - 9/9/2019)
  • Round Table Pizza has pulled the wraps from a new store design in Sacramento, Calif., that it plans to expand to the brand’s 440-unit system ...   (full story)

  • Fred’s files for chapter 11 protection
    (drugstorenews.com - 9/9/2019)
  • Fred’s has filed for bankruptcy. The chain on Monday said it had commenced chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. The company also has begun liquidation sales at its stores, which it said are expected to close in the next 60 days. Most of Fred’s pharmacies will continue filling scripts as it continues to pursue selling them as part of the proceedings.   (full story)

  • CoreLife Eatery— A Brand on the Move
    (restfinance.com - 9/9/2019)
  • CoreLife has grown quickly from 2016 through 2018, and 2019 is no exception. At the same time, management is experienced and well aware of the ...   (full story)

  • Fuzzy’s Taco Shop: Nothing but growth ahead in Polk County
    (theledger.com - 9/8/2019)
  • Fuzzy’s Taco Shop is a brand on the move with projections of building its 200th restaurant by the end of 2020.   (full story)

  • Tractor Supply Company Celebrates 1,800th Store Opening
    (finance.yahoo.com - 9/7/2019)
  • Tractor Supply Company, the largest rural lifestyle retail chain in the United States, today announced the opening of its 1,800th store by hosting a grand opening celebration...   (full story)

  • Goldman CEO Solomon and Bono Nicked in Sugarfina Bankruptcy
    (bloomberg.com - 9/6/2019)
  • Sugarfina Inc., the chain of luxury candy shops backed by some of the biggest names in banking and entertainment, filed for Chapter 11 bankruptcy protection as mall-based stores struggle to compete.   (full story)

  • First nonfamily member to lead James Avery Artisan Jewelry
    (mysanantonio.com - 9/6/2019)
  • The new CEO said he plans to “stay the course,” adding roughly six to eight new stores per year and looking for other ways to expand, such as test-marketing leather handbags in select stores.   (full story)

  • Lou Malnati's sets winter opening date for its first Wisconsin pizzeria in Fox Point
    (jsonline.com - 9/6/2019)
  • The company hopes to open about five Wisconsin locations, but so far, Fox Point is the only restaurant with a signed lease, she said. Malnati's pizza is famous in the Chicago area, with 56 Chicagoland locations and three Arizona locations.   (full story)

  • Georgia’s First Detail Garage Retail Store to Open in Alpharetta
    (franchising.com - 9/6/2019)
  • "We are excited to be opening the model store in Georgia, the first of 10 that we plan to open around the state,” said Galo Arias, who owns the store with brothers Rene and Rodrigo Suarez. "This store is needed and will be a great fit for the market here."   (full story)

  • I Heart Mac & Cheese Signs Seven Store Texas Franchise Agreement With Fidelity Enterprises LLC
    (franchising.com - 9/6/2019)
  • I Heart Mac & Cheese, today announced it has signed a seven-store franchise agreement with Fidelity Enterprises LLC, to bring the concept to several cities across Texas. This deal is in addition to the four-store franchise agreement the group purchased earlier this year. Several other restaurants have recently been announced as well, with upcoming openings in other areas of Florida, as well as Georgia, Indiana, New York and Texas.   (full story)

  • Can turnaround specialist Paul Murphy save Red Robin?
    (nrn.com - 9/6/2019)
  • Analysts said Murphy is a proven turnaround leader who should help stabilize Red Robin in the same way he did other brands.   (full story)

  • Lands' End Inc Q2 2019 Earnings Call Transcript
    (fool.com - 9/5/2019)
  • During the second quarter, we opened two stores to end the quarter with 21 US stores. For the remainder of fiscal 2019, we plan to open four more stores to end the year at 25 US locations...   (full story)

  • Buddy's Pizza widens the pie outside 'Motor City'
    (pizzamarketplace.com - 9/5/2019)
  • The brand is set to open three more Michigan units this year: one in Plymouth in July, another in Woodhaven in late August and one in downtown Detroit in November. Several more are under construction and in lease, with location signings in Ohio and Indiana in the near future.   (full story)

  • Smoothie King Announces New President and Other Leadership Changes
    (finance.yahoo.com - 9/5/2019)
  • The leadership reshuffle comes after a healthy and active second quarter for Smoothie King, which signed 25 development agreements for 29 committed stores in 14 states. A total of 18 existing franchisees reinvested, while the brand welcomed seven new owners to the system.   (full story)

  • Potbelly Sandwich Shop Sets Course for Future Franchise Growth with Multi-Unit Las Vegas Development
    (franchising.com - 9/5/2019)
  • Potbelly Sandwich Shop announced today that it has signed a franchise agreement to open 10 shops in the Las Vegas market. Eric Persson, an experienced, multi-brand restaurant operator and owner, will be bringing Potbelly to the area. The deal marks the brand’s entry into the region.   (full story)

  • Big Blue Swim School Celebrates Successful Start to 2019 with Chicago Opening
    (swimswam.com - 9/5/2019)
  • In late 2018, Big Blue Swim School, a Chicago-based children’s swim school announced its plans to reach 150 units by 2021 by partnering with growth-minded franchise partners across the U.S. So far in 2019, the brand has already made good on its plans, with the signing of three major multi-unit deals for 16 units brining ...   (full story)

  • Hy-Vee investing $90 million in store remodels
    (producenews.com - 9/5/2019)
  • Hy-Vee is remodeling 14 of its Kansas and Missouri locations in the area to include unique food service offerings, new departments, updated signage, enhanced health and wellness services and — in some cases — refreshed convenience stores. Construction is already under way at several locations, with most remodels expected to be complete by early 2020.   (full story)

  • Ruby Tuesday Closes More Restaurants
    (restaurantbusinessonline.com - 9/5/2019)
  • At least nine Ruby Tuesday restaurants have closed in the past week, indicating the chain is still pruning weak stores from the system. Most of the shuttered stores are located along the East Coast, from Massachusetts down to Delaware. Five are in New York.   (full story)

  • Camping World Holdings To Shift Retail Strategy
    (sgbonline.com - 9/4/2019)
  • To that end, we recently opened, or plan to open, new RV dealerships under the Camping World, Gander RV and Outdoors, Gander RV and Airstream banners in Coldwater, MI; Springfield, IL; Breaux Bridge, LA; Wichita, KS; Greenville, NC; Cicero, NY; Marion, IL; Denton, TX; Ashland, VA; Ft. Pierce, FL, Belleville, MI, Henderson, NV, Lakeville, MN, Hermantown, MN, Forest Lake, MN and Oklahoma City, OK.   (full story)

  • Naf Naf Grill Expands Franchise Program with Four New Franchise Groups
    (valdostadailytimes.com - 9/4/2019)
  • Naf Naf, the rapidly growing fast-casual Middle Eastern restaurant concept, is expanding its franchise program with four prominent new franchise groups signed this summer. These deals will expand Naf Naf locations across Chicagoland and to new states, Tennessee and Iowa, bringing their total franchise agreements to 35.   (full story)

  • How Modern Acupuncture's bold marketing is driving its success
    (campaignlive.com - 9/4/2019)
  • Last year, the brand opened 32 clinics in the U.S. and is now up to 49, with 12 more expected in 2019. It has also already sold more than 500 regional ...   (full story)

  • Goldfish Swim School Ranked on Inc. Magazine’s Annual Inc. 5000 List for Fifth Straight Year
    (franchising.com - 9/4/2019)
  • Goldfish Swim School began in 2006 as a basement operation, and has since grown to operate 91 schools across North America with an additional 100+ in development. 2019 is shaping up to be a record-breaking year for the growing brand, having already opened 12 locations, projecting to reach its 100th school milestone by year-end.   (full story)

  • McAlister’s Deli® Largest Franchisee Inks 30 Franchise Agreements
    (franchising.com - 9/4/2019)
  • McAlister’s Deli®, a fast casual restaurant chain known for its genuine hospitality, sandwiches, spuds, soups and McAlister’s Famous Sweet Tea™, announced today the signing of 30 new franchise agreements with David Blackburn of Southern Rock Restaurants, LLC. The franchise group plans to expand its presence in Ohio, Indiana, Tennessee and ...   (full story)

  • At Home Group Inc. Announces Second Quarter Fiscal 2020 Financial Results
    (finance.yahoo.com - 9/4/2019)
  • The Company opened 13 new stores in the second quarter of fiscal 2020 and ended the quarter with 204 stores in 39 states...   (full story)

  • The Michaels Companies Announces Second Quarter 2019 Results
    (finance.yahoo.com - 9/4/2019)
  • During the second quarter, the Company opened four new Michaels stores, closed two Michaels stores, and relocated one Michaels store...   (full story)

  • Wendy’s squares up new location
    (thesungazette.com - 9/4/2019)
  • In the second quarter of 2019 the company opened 28 new restaurants, a net increase of nine new restaurants. Twenty of the openings were in North America...   (full story)






     

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