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New England Retail Chain Smithland Pet & Garden Centers to Shut Down

New England Retail Chain Smithland Pet & Garden Centers to Shut Down

by Phil Hall | May 6, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
Hits and Misses for the Real Estate Week of March 24-28

Hits and Misses for the Real Estate Week of March 24-28

by Phil Hall | Mar 28, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

by Phil Hall | Mar 24, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The retailer Hudson’s Bay, Canada’s oldest continuously operating company, has begun liquidating nearly all of its stores. According to combined media reports, the company – which dates to 1670 – filed for creditor protection earlier this month. It owes $950 million...
Craft Retailer Jo-Ann Plans to Close 500 Stores

Craft Retailer Jo-Ann Plans to Close 500 Stores

by Phil Hall | Feb 12, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

One month after its second bankruptcy filing within a year, the craft retailer Jo-Ann is preparing to close approximately 530 stores across more than 40 states. Nexstar reports the company planned to keep all its roughly 800 stores open throughout the bankruptcy...
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores

Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores

by Phil Hall | Feb 5, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The discount retail chain Bargain Hunt has launched Going-Out-of-Business sales at all 92 locations across 10 states following its bankruptcy filing. The sales are being managed by Hilco Consumer – Retail in a joint venture with Gordon Brothers. All the merchandise in...
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