Real Estate

Tile Shop adds two more stores in Tampa area
Minneapolis -- The Tile Shop has expanded its presence in the Tampa, Florida market, opening a location at the Dale Mabry Shopping Center in Tampa, and another at in Brandon.

The new locations join the growing family of Tile Shop stores in Florida, including a location in Jacksonville and an Orlando location to open this spring.
Ross to open two new stores in Houston market
Dublin, Calif. -- Ross Dress for Less will open two new stores in the Houston area on March 7.

The stores are located in the Center at Pearland Parkway in East Pearland, 15 miles from downtown Houston; and Ravenwood Village Shopping Center in Huntsville. With these new locations, Ross will operate 170 stores in Texas, its second largest state.

Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

RadioShack files for Chapter 11

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.
Lowe's builds a $2.3M fund for schools

Lowe's is helping to fulfill the makeover wishes of 515 schools in 46 states with money for improvement projects.
Orchard Supply Hardware opens three new stores

San Jose, Calif. -- Orchard Supply Hardware announced it has opened three new stores, including a location in Portland, Oregon, and two in California (Irvine, and Cerritos).

In addition to the 300 jobs these new stores have created, the retailer plans to hire an additional 1,000 associates as it prepares for the busy spring season, and to support its continuing growth.
Liquidation dream team gets shot at Target Canada

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.
Cache files for Chapter 11

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.”
Academy Sports + Outdoors moving Eastward with four stores in Orlando area

New York -- Academy Sports + Outdoors will celebrate the simultaneous opening of four stores in the Orlando, Florida, area in March.

The new stores will be located in Kissimmee, Waterford, Lake Mary and Melbourne and will open simultaneously at 8:30 a.m. on March 6. The openings mark the Katy, Texas-based company’s furthest expansion eastward to date.

The $4 billion sporting goods retailer has entered into a multi-year partnership with the Orlando City Soccer Club beginning with the team's inaugural 2015 season.
Target’s upcoming investor conference first of Cornell era

New York -- Target chairman and CEO Brian Cornell has made some bold moves since arriving at Target last fall, but the most significant revelations concerning long term prospects will come in early March when the company hosts its first investor conference of the Cornell era on March 3.
Cache files for Chapter 11 protection

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.”
Academy expands Eastern front with four store assault

Academy Sports + Outdoors plans to make a splash in Orlando this spring with the simultaneous opening of four stores.

The $4 billion sporting goods retailer has entered into a multi-year partnership with the Orlando City Soccer Club beginning with the team's inaugural 2015 season. Academy Sports + Outdoors will be the official sporting goods retailer of the Orlando City Soccer Club.
Cornell to clarify Target’s long-term strategy

Target chairman and CEO Brian Cornell has made some bold moves since arriving at Target last fall, but the most significant revelations concerning long term prospects will come in early March when the company hosts its first investor conference of the Cornell era.