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Spirit Halloween to Test Christmas Season Pop-Up Stores

Spirit Halloween to Test Christmas Season Pop-Up Stores

by Phil Hall | Oct 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retailer Spirit Halloween is seeking to expand its pop-up retail operations beyond Oct. 31 with a pilot program offering new Spirit Christmas pop-up stores. Bisnow.com reports the company is planning to operate 10 Spirit Christmas stores in the Northeast with four...
True Value Files for Bankruptcy, Sells Business to Hardware Rival

True Value Files for Bankruptcy, Sells Business to Hardware Rival

by Phil Hall | Oct 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

True Value Company LLC announced that it filed for bankruptcy and will sell its business operations to home improvement industry peer Do it Best Corp. The company will continue its day-to-day operations serving 4,500 independently owned retailers, and none of the...
Walgreens to Close 1,200 Stores by 2027

Walgreens to Close 1,200 Stores by 2027

by Phil Hall | Oct 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Walgreens Boots Alliance (NASDAQ:WBA) announced it plans to close 1,200 stores over the next three years. CEO Tim Wentworth announced in June that the financially struggling company was reviewing roughly one-quarter of its roughly 8,600 locations and could close a...
RE/MAX: Housing Inventory Up for 7th Straight Month

RE/MAX: Housing Inventory Up for 7th Straight Month

by Phil Hall | Oct 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes for sale climbed for the seventh consecutive month, according to the latest national housing report from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). The new data from the 52 metro areas surveyed by RE/MAX found housing inventory...
Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings

Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings

by Phil Hall | Oct 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dirt Cheap, a discount retailer with more than 60 locations across the Southeast, has filed for bankruptcy and announced the chain will begin closing its stores. The retailer’s website said the brand is “the largest buyer of insurance claims in the United States,”...
Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs

Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs

by Phil Hall | Oct 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former President Donald Trump pledged to lower the cost of homebuying by cutting away at the regulatory burdens faced by homebuilders. During a town hall meeting in Oaks, Pennsylvania, on Monday evening, an audience member who identified himself as a single father and...
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