Deals

Arlington, Texas -- Red Wing Shoes will open a 1,500-sq.-ft. store at Arbrook Square Shopping Center in Arlington, Texas. The center is located at the southeast corner of Arbrook Boulevard and Matlock Road.

Cynthia Bailey of WindStar Properties represented the landlord, Arbrook Square Investors, L.P. The tenant was represented by Cameron Haddad of NAI Robert Lynn Company.
 

It's official: The long-struggling RadioShack has filed for Chapter 11 bankruptcy protection. The 94-year-old retailer made its filing in  U.S.

Cache on Wednesday said it had filed for Chapter 11 bankruptcy protection after running out of capital and time to complete its turnaround.

The women’s apparel retailer will continue to operate its business, but intends to continue to reduce its store count and sell and renegotiate some of its leases. Cache chairman and CEO Jay Margolis said the company filed Chapter 11 with the goal of “securing Cache’s future.”

It’s the end of an era that never really began for Target Canada as three of the biggest names in the asset disposition world begin store closing sales at Target’s 133 Canadian locations.   Gordon Brothers Group, Hilco Global and Great American Group were the successful bidders at a Jan. 27 auction and secured approval from Target Canada and an order from a Canadian court to manage the store closing process for Target’s 133 Canadian locations.  

New York -- Cache on Wednesday said it had filed for Chapter 11 bankruptcy protection after running out of capital and time to complete its turnaround. The women’s apparel retailer will continue to operate its business, but intends to continue to reduce its store count and sell and renegotiate some of its leases.

Cache chairman and CEO Jay Margolis said the company filed Chapter 11 with the goal of “securing Cache’s future.”

Fort Worth, Texas – As the New York Stock Exchange delists trading of its shares, beleaguered consumer electronics retailer RadioShack Corp. reportedly has at least two suitors interested in buying some of its stores. According to Bloomberg, both Amazon.com Inc. and Sprint Corp. are in discussions with RadioShack about possibly acquiring some stores, with RadioShack shuttering whatever stores were left.

Ann Arbor, Mich. - RPM Pizza LLC, the largest U.S. Domino's franchise, is getting a little bigger. RPM has acquired 45 Domino's stores throughout Indiana. RPM Pizza, headquartered in Gulfport, Mississippi, will purchase 45 stores in Indiana in the biggest franchise-to-franchise purchase in Domino's history.

The acquisition includes nearly 40 stores in the Indianapolis metro area, and stores serving South Bend and Lafayette. Once completed, the acquisition will give RPM Pizza operations in seven states, employing more than 3,800 workers.

Berkeley, Calif. -- Donahue Schriber Realty Group acquired Gilman Village on January 30, marking the Costa Mesa, California-based company’s second Bay Area acquisition in the past month.

Besides the Gilman Village acquisition in Berkeley, California, Donahue Schriber purchased Village Oaks shopping center, a 320,000-sq.-ft. property anchored by Target and Safeway located in San Jose, California.