Mergers & Acquisitions

JCPenney Co. Inc. is expanding its in-store partnership with Sephora by adding the beauty retailer to more stores.

RETAIL NOTES: Kleinfeld Hudson’s Bay, a glamorous bridal shop on the top floor of the Hudson’s Bay’s flagship and headquarters building in Toronto, took the big prize — Store of the Year — in the Association for Retail Environments 2015 Design Awards. The annual awards recognize the best in retail design, store fixtures and visual presentation. Designed in house by HBC Store Planning, the 14,000-sq.-ft.

New York - RDG Capital Fund Management, a shareholder of TravelCenters of America, has engaged in what it calls “constructive dialogue” with TravelCenters CEO Tom O'Brien and other board members. RDG said the TravelCenters board has indicated a willingness to consider selling some company-owned real estate as a source of liquidity.

Gaining market share and geographic coverage are top priorities driving deals

Retail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

Our fastest-growing acquirers bought fewer square feet than in 2013. But the deals may be even better.

Editor’s Note: The 26th annual Chain Store Age survey of Fastest-Growing Acquirers surveyed retail square footage purchased during the 2014 calendar year.

Retail real estate acquisitions slowed in 2014. The year’s five Fastest-Growing Acquirers purchased approximately 10 million fewer square feet than the top five bought in 2013.

That may be a deceptive observation.

When the International Council of Shopping Centers opens the doors of the Las Vegas Convention Center on May 17 to retailers and shopping center attendees from around the globe, it will unveil a lineup of newly built, underway and redeveloped properties ripe for deal-making.

Leasing interest at RECon 2015 is expected to be high, this despite naysayers who have predicted the demise of the shopping mall. Not likely, say those in the know.

A 30-year veteran of REI has been named as the new CEO of Bartell Drugs.   

The participating companies provide industry-leading solutions and services that aid retailers with the challenging task of navigating real estate. Specific areas where and these providers offer help include lease management, store growth and consolidation, portfolio management, strategic analytics.

A&G Realty Partners LLC    

Melville, N.Y.