The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
IEM, a venture-backed retail innovation company, and has team with Simon Property Group (NYSE: SPG) on a new platform to help grands scale into brick-and-mortar retail setting. IEM introduced new 10×15-foot branded, experiential micro spaces that can be...
At a time when many national retailers are closing stores, Burlington is opening 60 new stores in 26 states. Nexstar Media reports the off-price retailer has already rolled out three new stores in New Jersey, New York and Texas, with more coming through October. An...
Shoppers in the Big Apple will soon be able to spend less for their apples – the Aldi discount supermarket chain is planning to open its first store in Manhattan. Supermarket News reports the 25,000-square-foot store will be on 42nd Street near Times Square in The...
ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
