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Retail

  • 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.

  • Toys ‘R’ Us launches digital wish finder site, app

    Wayne, N.J. – Toys ‘R’ Us is launching its digital wish finder, a dedicated website providing an online version of its “The Great Big Toys"R"Us Wish Finder” holiday catalog, on Nov. 2. The retailer is also launching The Toys"R"Us Wish List Wizard, a free iOS and Android app that turns parents’ smartphones into a scanner and lets kids scan items they want in-store for automatic inclusion on a digital wish list.

  • RadioShack opening ‘retro’ store in Fort Worth, Texas

    Fort Worth, Texas – RadioShack has pulled out all the stops for its new hometown location in Sundance Square in downtown Fort Worth, Texas, opening a retro-styled store that speaks to the heritage of the brand and locale. Set to open Oct. 30, it will be the tenth RadioShack concept store to open nationwide, but the first to feature a custom design.

  • Sears conducting wide-ranging strategic view of business

    Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

  • American Girl to expand to Canada via in-store boutiques

    Middletown, Wis. -- American Girl, a division of Mattel, announced its first expansion outside the United States, with plans to open two experiential in-store boutiques in partnership with Indigo Books & Music Inc., Canada’s largest book, gift, and specialty retailer.

    Opening in spring 2014, the new American Girl retail stores will be located in Indigo’s Yorkdale Shopping Centre, Toronto, and Robson Street, Vancouver.

  • Nursery Acres acquires Cabela’s in Grand Junction, Colo.

    Denver — Transwestern’s Denver office has announced that it brokered the acquisition by Nursery Acres L.P. of a 75,330-sq.-ft. Cabela’s retail store in Grand Junction, Colo. Built in 1983, the store sits on a 6.76-acre lot at Mesa Mall.

    Transwestern represented the buyer, Nursery Acres, which purchased the building to complete a 1031 exchange. The company plans to keep the property long-term. Faris Lee represented the seller, Macerich Mesa Mall Holdings LLC.

     

  • RadioShack rolls out new concept stores, goes ‘retro’ in Fort Worth, Texas

    RadioShack is taking its new concept store to Philadelphia, Detroit and Fort Worth, but the specialty retailer is going retro for its hometown location in downtown Fort Worth’s Sundance Square.

    The Philly location can be found in Bakers Square Shopping Center at 2920 Roberts Ave., and the Detroit location in Gateway Marketplace at 1347 W. Eight Mile. And set to open Oct. 30, the Fort Worth location will be the first new concept store to feature a custom design.

  • Report: New York investigating Macy’s, Barneys over racial profiling claims

    New York -- The attorney general of the state of New York is investigating Macy's and Barneys following complaints from black customers that they were stopped by police after making expensive luxury purchases, according to the New York Daily News. The local New York media has dubbed the practice “shop-and-frisk.”

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