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Deals

  • Three Big Lots to join Centro portfolio in Colorado, Louisiana and Florida

    New York City -- Centro Properties Group US announced that three Big Lots have joined its portfolio, encompassing 92,006 sq. ft. and bringing Big Lots’ total store count with Centro to 49 locations.

    A 30,000-sq.-ft. Big Lots opened at Arapahoe Crossings, in Aurora, Colo.; a 28,000-sq.-ft. store opened at Lagniappe Village, in New Iberia, La.; and a 34,006-sq.-ft. lease has been executed with Big Lots at Panama City Square, located in Panama City, Fla.
     

  • Wingstop to open 15 new locations in Atlanta

    Richardson, Texas -- Restaurant chain Wingstop said it has executed development agreements with franchise operators to open 15 new Wingstops in the Atlanta market.

    Three development agreements, including an 11-store deal with Tomahawk Brands LLC, will allow the Texas restaurant chain to expand its Atlanta presence from two locations to 17. The first unit under the new agreements is slated to open in early 2012.

  • Nicholas Kirkwood to debut in U.S. at Meatpacking District

    New York City -- Robert K. Futterman & Associates said Tuesday it has secured the first U.S. location for upscale designer footwear brand Nicholas Kirkwood at 807 Washington St. in Manhattan’s Meatpacking District.

    Located between Gansevoort and Horatio Streets, the 1,572-sq.-ft. ground-floor boutique is scheduled to open in the winter of 2012.

  • Jones Lang LaSalle adds Mexico services

    Mexico City -- Chicago- and Atlanta-based Jones Lang LaSalle announced a major expansion of the firm’s full-service operations in Mexico with the addition of retail services.

    The firm said it has hired Luis Llaca to focus on a wide range of retail services across Mexico, reporting to Pedro Azcue, CEO of Jones Lang LaSalle Mexico.

    Luis was previously VP of retail operations in Mexico for CB Richard Ellis.    
     

  • Toys ‘R’ Us to cut back on holiday pop-up

    New York City -- Toys “R” Us will open fewer holiday pop-up stores this year, Reuters reported.

    In 2010, the chain opened some 600 temporary Toys “R” Us stores nationwide. But spokeswoman Kathleen Waugh said the company has decided to open fewer stores this holiday season, according to the report.

  • Priscilla of Boston closes stores, shutting down operations

    Boston -- High-end wedding dress maker and retailer Priscilla of Boston said Wednesday it will close at the end of the year. Its 19 store locations were shuttered on Wednesday, and its brands, which include Jewel by Priscilla of Boston and Platinum For Priscilla of Boston, also will be discontinued.

    "After nearly 65 years of serving some of America's most beautiful brides, we have made the difficult decision to close our salons after a thorough review of the business environment," the company said in a statement.

  • Genesco narrows loss in Q2, raises full-year outlook

    Nashville, Tenn. – Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

    Sales rose 29% to $471 million, from $364 million. Same-store sales surged 14%, with the Lids Sports Group up 12%, the Journeys Group up 15%, the Johnston & Murphy Group up 17%, and the Underground Station Group up 10%.

    The company said it is raising its fiscal 2012 guidance, based on the performance.

  • Freebirds Burrito to open new restaurant in Fort Worth

    Dallas -- Cypress Equities said that Freebirds World Burrito has signed a lease to occupy a portion of a new development in Fort Worth, Texas, adjacent to the company’s West 7th development.

    The 2,370-sq.-ft. restaurant will mark the third Freebirds in Fort Worth, with other locations near Hulen Mall and at Alliance Town Center. Freebirds World Burrito is owned by Tavistock Restaurants and has more than 50 locations throughout Texas, California and Oklahoma.
     

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