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Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores

Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores

by Phil Hall | Apr 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Roughly five months after the upscale grocery chains Foxtrot Market and Dom’s Kitchen & Market merged in an all-stock deal to become Outfox Hospitality, the combined entity announced the immediate closure of all 35 of its stores. The impacted location includes 33...
CRE Investment Firm Matterhorn Venture Partners Opens in Chicago

CRE Investment Firm Matterhorn Venture Partners Opens in Chicago

by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matterhorn Venture Partners, a Chicago-based boutique commercial real estate investment firm, has opened for business. Founded by industry veterans Scott McKibben and Matt Kay, the new firm focuses on multiple asset classes and transaction sizes involving the...
Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...
A Phil Hall Op-Ed: Blaming Stores for Retail Crime?

A Phil Hall Op-Ed: Blaming Stores for Retail Crime?

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News

A Phil Hall Op-Ed: Last February, the Walgreens pharmacy chain closed a store in the Roxbury section of Boston. The company cited the location as being one of several where it claimed that “rampant theft” made it impossible to conduct business without criminal...
Trump Maintains $175 Million Bond, Albeit with New Conditions

Trump Maintains $175 Million Bond, Albeit with New Conditions

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An attempt by New York Attorney General Letitia James to void the $175 million bond in former President Donald Trump’s civil fraud case failed, but Trump’s attorneys agreed to additional restrictions on the bond. According to a Reuters report, the attorneys for Trump...
Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores

Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The fashion retailer Express Inc. (OTC:EXPR) has filed for Chapter 11 bankruptcy and is planning to close more than 100 stores. According to a Reuters report, the company started in 1980 and company operates about 530 Express retail and Express Factory Outlet stores,...
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