Florida’s governor says no to public financing of a stadium, Iowa’s governor says yes to bringing down property taxes, and Kamala Harris says something (we’re not sure what) at an Australian real estate conference. From the wild and wooly world of real estate, here...
The sports retail submarket is experiencing a major shift as Dick’s Sporting Goods Inc. (NYSE: DKS) announced its $2.4 billion acquisition of Foot Locker Inc. (NYSE: FL). Dick’s expects to operate Foot Locker as a standalone business unit within its portfolio and...
The Rite Aid Corporation has filed for bankruptcy for the second time in 18 months. The Philadelphia-headquartered pharmacy chain announced it was “pursuing a strategic and value-maximizing sale process for substantially all of its assets.” The company added that its...
The New England-focused retailer Smithland Pet & Garden Centers announced it will be closing its 13-store chain. The company, which operated over the past four decades under different names including myAgway, Dave’s Soda and Pet City, offered a selection of...
The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...