As of July 31, major US retailers announced 3,255 store openings and 3,399 store closures year-to-date, according to a new data report from Coresight Research. This resulted 144 net store closures, compared with 1,778 net store closures in the comparable period of...
A private equity firm that tried to purchase a portfolio of JCPenney stores last year is making another attempt to buy the properties. Retail Dive reports Needham, Massachusetts-based Onyx Partners is offering $934 million for 117 properties, or roughly $8 million per...
Warehouse One Clothing Ltd., the Canadian specialty fashion retailer, has begun store closing sales at all 128 locations of its Warehouse One and Bootlegger branded locations. On May 7, the financially struggling, Winnipeg-headquartered company announced that was...
The Canadian restaurant operator Foodtastic has signed a master franchising agreement with Inspire Brands to open hundreds of Dunkin’ locations across Canada. Under the new agreement, Foodtastic will have exclusive rights to develop the Dunkin’ brand nationally...
The investment firm Embrace Real Estate and its affiliate 1823 Partners, an independent asset management firm, announced their acquisition of Ghirardelli Square, the historic waterfront landmark in San Francisco’s Fisherman’s Wharf district. Ghirardelli Square...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
