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Walmart to Close Health Centers

Walmart to Close Health Centers

by Phil Hall | Apr 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Walmart Inc. (NYSE: WMT) has abruptly announced the closure of all 51 of the Walmart Health centers over the next 90 days. The retail giant began its Walmart Health center network in 2019, expanding into five states with in-person and telemedicine services. In an...
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...
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...
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,...
San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close

San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close

by Phil Hall | Apr 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The San Francisco city government is considering an ordinance that would force grocery stores to give six months’ notice before closing while searching for a replacement to take over their real estate while hosting community meetings to offer updates on their...
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