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  • Report Details Retail and Restaurant Expansion Plans

    Retailer demand for new locations is up across the board, according to ChainLinks Retail Advisors’ just-released National Retailer and Restaurant Expansion Guide. The report details the current expansion plans for hundreds of the largest U.S. retail and restaurant chains.

    “As 2010 came to a close, growth plans were up 30% from the levels we recorded last year,” said ChainLinks’ research director, Garrick Brown,/ Right now, expansion plans are up 40% over last year’s levels.”

  • PBR Baltimore and Baltimore Comedy Factory opening at Power Plant Live!

    Baltimore -- Power Plant Live! and The Cordish Cos. announced that entertainment concepts PBR Baltimore and The Baltimore Comedy Factory will host grand openings the first two weekends in March.

    These latest downtown destinations join the recently opened Tatu Asian Grill in what will be a series of high-profile additions to Power Plant Live!, part of a multi-million dollar renovation and expansion of the project (going on its 12th year of operations).

  • Urban Outfitters to open at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group announced that Urban Outfitters will open at Eddy Street Commons at Notre Dame in South Bend, Ind.

    The retailer has leased 8,627 sq. ft. and is part of a newly developed mixed-use development that consists of a large book store, hotel, several unique restaurants and other apparel stores.

    Urban Outfitters is scheduled to open late this summer.

  • CiCi's Pizza to add 16 new units

    Coppell, Texas -- CiCi's Pizza announced Monday that it has signed agreements for the addition of 16 units over the next five years and hired Wingstop veteran Bruce Evans to lead franchise sales.

    The moves are part of CiCi's growth initiative, with the goal of adding 500 restaurants in the next eight to 10 years.

  • Fresh Market to open at Congressional Plaza

    Rockville, Md. -- Federal Realty Investment Trust said Monday that The Fresh Market will open a new store at Congressional Plaza, a 332,000-sq.-ft. regional shopping center in Rockville, Md.

    The store, the specialty grocer’s first in Montgomery County, will measure 19,860 sq. ft. Recent openings at the center include Last Call Studio by Neiman Marcus and Matchbox Vintage Pizza Bistro.

    Acquired by Federal Realty in 1965, Congressional Plaza is a regional shopping destination anchored by Buy Buy Baby and The Container Store.

  • Report: Toys ‘R’ Us considers $800 million IPO for April

    Wayne, N.J. -- A New York Post report on Saturday said that Toys “R” Us is considering an initial public offering in April to raise around $800 million, although a final decision has not been reached.

    The retailer shelved IPO plans in 2010; it has not commented on the latest report that IPO talks have resurfaced.

  • Dunkin’ Donuts to open 500 stores in India via franchise with local partner

    New York City -- Dunkin’ Brands plans to open 500 Dunkin’ Donuts stores in India over the next 15 years through a partnership with restaurant chain operator Jubilant FoodWorks Ltd.

    Dunkin’ Donuts signed a franchise agreement with Jubilant, according to a statement distributed by PR Newswire today. The first Dunkin’ Donuts shop will open early next year, and will feature the company’s signature coffee and bakery products as well as food developed specifically for the Indian market.

  • Grubb & Ellis names VP retail group

    Walnut Creek, Calif. -- Grubb & Ellis Co. Said that it has named Robin Newton as VP retail group, for the firm.

    Specializing in tenant and landlord representation, Newton joins Grubb & Ellis from Cornish & Carey Commercial Newmark Knight Frank. 
     

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