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Finance & Capital Management

  • Ross Dress for Less expands in Keystone state

    Ross Dress for Less opened a new store in Jenkintown, Pennsylvania, on March 5.

    The 26,000-sq.-ft. store is located in the Noble Town Center, 15 miles north of downtown Philadelphia, at the northeast corner of Old York Road and The Fairway.

    The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

  • Hot Canadian brand signs lease for first U.S. store

    A popular goose has found a nest in Manhattan’s SoHo neighborhood.

    Canada Goose, best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has signed a lease for an approximate 4,400-sq.-ft. store on Wooster Street, The Real Deal reported. The asking rent for the space, according to the Real Deal, was $550 a foot.

  • Aaron’s makes a difference in D.C., and beyond

    Store managers from 2,000 Aaron’s location gathered in Washington, D.C., for their annual meeting and to participatein a wide range of unique community outreach efforts.

    The giving efforts kicked off with a donation event in which Aaron's donated furniture to 28 apartments for families who have experienced homelessness. This effort supports Washington, D.C., Mayor Muriel Bowser's (pictured above) efforts to ensure safe, dignified housing for all Washingtonians and end homelessness in the District of Columbia.

  • Gordon Brothers Group acquires inventory, fixed assets and IP of NapaStyle

    Boston -- Gordon Brothers Group announced that it has entered into an agreement with NapaStyle and its creditors to acquire the company’s assets, including intellectual property, inventory and furniture, fixtures and equipment.

    Founded by celebrity chef, Michael Chiarello, NapaStyle offers handcrafted and artisanal home goods, furniture and specialty foods for decorating, entertaining, cooking, wine, garden and home enthusiasts through store, online and catalog channels.

  • Analysis: Tween and teen retailers remain financially vulnerable

    Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

    At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

  • Sherwin-Williams in $11.3 billion acquisition

    Two of the biggest names in the U.S. paint industry are combining forces.

  • Mid-America Real Estate handles sale of Buffalo Crossroads Center

    Buffalo, Mo. -- Mid-America Real Estate – Minnesota recently brokered the sale of Buffalo Crossroads Center located along Highway 55 in Buffalo, Minnesota. The property was acquired by a local investment group for $3.8 million.

    Buffalo Crossroads is a 19,753 sq. ft. center anchored by Jimmy John’s and Anytime Fitness.

  • Sporting goods retailer in two big city openings

    Modell’s Sporting Goods continues to grow its brick-and-mortar footprint. The New York-based company has added two more stores to its portfolio, one in Boston and the other in Philadelphia. Both stores are in prime locations formerly occupied by City Sports. (City Sports filed for bankruptcy in October 2016, and subsequently announced it would close all locations.)

    In Boston, Modell’s opened an 11,000-sq.-ft. store on Boylston Street, in the city’s Back Bay area. It’s the retailer’s first outpost in downtown Boston.

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