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  • Dunkin’ Donuts plans 12 new Detroit-area stores

    Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with three existing franchise groups to develop 12 new restaurants in Detroit during the next several years. Existing franchise group Coffee Ventures, LLC plans to develop seven restaurants in suburban Detroit between 2014 and 2017, while existing Detroit franchisees Tarun and Falguni Raval plan to develop one restaurant in Detroit in 2014 and existing Detroit franchisees Nick and Masoud Shango plan to develop four restaurants in Detroit between 2014 and 2016.

  • Sears, Kmart to open on Thanksgiving

    Hoffman Estates, Ill. -- Sears and Kmart stores joined the growing list of national retailers whose stores will open on Thanksgiving Day.

    Kmart, which has opened Thanksgiving Day for 22 years, this year will be open for 41 straight hours, starting at 6 a.m. Thanksgiving Day to 11 p.m. Black Friday.  Sears will open at 8 p.m. Thanksgiving Day.

  • Dunkin’ Donuts plans nine new stores in Reno

    Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with new franchise group, HT2 Franchising, LLC, to develop nine new restaurants throughout Reno, Nev. The first restaurant is expected to open in 2015 and the remainder by 2020.

    With this agreement, Dunkin' Donuts franchise opportunities are sold out in Reno, but opportunities exist to grow the brand throughout the West in Colorado and California.

  • Advance Auto Parts to expands footprint with GPII acquisition

    Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

    General Parts International is a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the Carquest and Worldpac brands.

  • Sears, Kmart expand Shop Your Way services for holidays

    Hoffman Estates, Ill. – Sears and Kmart are offering members of the Shop Your Way loyalty program a variety of new services for the holidays. For example, Kmart's lease-to-own program through Whynot Leasing, LLC will be available nationwide starting Nov. 22, giving customers a no-credit-required way to take home products immediately.

  • L Brands prices $500 million in senior notes

    Columbus, Ohio - The previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 from L Brands (formerly knows as Limited Brands) has priced at 100% of the aggregate principal amount with a coupon of 5.625%. The sale of the 2023 notes was underwritten by BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint book-running managers.

  • Liberty Interactive to launch QVC Group tracking stock

    West Chester, Pa. - Liberty Interactive Corporation plans to create a QVC Group tracking stock as part of a recapitalization of the Liberty Interactive Group tracking stock. The QVC Group class of common stock will track the value of QVC, Inc. and Liberty's approximate 38% interest in HSN, Inc., along with cash and certain liabilities.

  • NAI MLG Commercial announces eight Wisconsin transactions

    Milwaukee — NAI MLG Commercial has announced eight recent transactions across the state of Wisconsin.

  • Charlotte Russe joins fashion line-up at Denton Mall

    Denton, Texas — Golden Triangle Mall has announced the addition of Charlotte Russe to a list of national and regional tenants that have recently committed to or renewed leases at the renovated mall. The specialty fashion retailer will occupy 4,475 sq. ft. and will open before the holiday shopping season.

    In addition to Charlotte Russe, the list of new retailers includes Buckle, Body Central, Pro Image Sports and food court eateries Italia Express, Tobu Oriental Eatery and Smoothie Paradise.

  • PECO NNN buys Family Dollar, Raising Cane’s locations

    Salt Lake City -- PECO Net Lease Income Fund (NLIF) has acquired four properties including two Family Dollar stores in New Mexico and two Raising Cane's restaurants, including one in Lexington, Ky., and one in Mt. Pleasant, S.C.

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