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Convenience Stores

  • Retail loyalty programs bloom

    Cincinnati -- Retail loyalty programs have seen some impressive growth since 2011, according to results of the latest Colloquy Loyalty Census. In 2013, department stores achieved 70% growth in loyalty program memberships since the 2011 Colloquy Census, far surpassing the 26.7% rate of growth in loyalty programs across all sectors tabulated in the 2013 census. The number of department store loyalty memberships is 193.9 million.

  • SoulCycle inks lease at expanding Long Island center

    Woodbury, N.Y. -- SoulCycle has taken 3,000 sq. ft. of new space at the expanding Woodbury Common Shopping Center in Woodbury on Long Island, said Charter Realty & Development Corp., who represented SoulCycle.

    Owned and managed by Kabro Associates, the 85,000-sq.-ft. Woodbury Common is undergoing a 30,000-sq.-ft. expansion that will add parking, amenities and new facades.

    Fresh Market will take 20,000 sq. ft. of the new space.

     

  • 7-Eleven stores raided in illegal immigrant scam

    New York -- Nine owners and managers of 7-Eleven stores across Long Island (New York) and in Virginia were charged on Monday of harboring and hiring dozens of illegal immigrants and paying them using sham Social Security numbers.

  • UCR announces three new leases

    Houston -- United Commercial Realty Houston has announced three new leases for Houston-area centers:

    • Goody Goody Liquor will open a third Houston-area location at Copperfield Village Shopping Center this fall.
    • Pink’s Pizza has signed a deal for its fifth area location at the Cougar Den Plaza adjacent to the University of Houston’s central campus.
    • Affinity Veterinary will open a clinic at a center located at 19450 Katy Freeway in Houston.
  • Dunkin’ Donuts details new store design

    Canton, Mass. -- Dunkin’ Donuts provided highlights of its new store design, the brand's first in nearly seven years. The new layout and contemporary look maintains the brand's focus on helping people get in and get on their way, while incorporating new features to create a warm environment for guests who seek a longer, more relaxed visit.  Inviting seating areas include updated furniture and lighting, as well as convenient electrical outlets and bar top areas for smartphones and computers.

  • DRE inks three retail leases in Hampton Roads

    Virginia Beach, Va. -- Divaris Real Estate has leased three retail spaces at shopping centers in Hampton and Virginia Beach.

    Bank of America renewed its 6,000–sq.-ft. lease in Willow Oaks Village Square in Hampton.

    Bruegger’s Bagels leased 2,400 sq. ft. in Southgate Commons in Virginia Beach. Also in Southgate Commons, Anthony Vince Nail Spa has taken 2,597 sq. ft.

    A member of Realty Resources and the Virginia affiliate for The CORE Network, DRE represented the landlords in these transactions.

     

  • Marcus & Millichap: Improving retail real estate outlook

    Calabasas, Calif. -- Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

  • RSR Research: Multiple channels produce profits

    Walnut Creek, Calif. – A new study from RSR Research concludes that retailers offering multiple selling channels connect more with consumers and are more profitable than retailers operating a single channel. Virtually every cross-channel selling tactic is being employed by retailers more this year than in 2012, with particularly strong growth in mobile.

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