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REAL ESTATE

News and analysis on retail related real estate, including deals, center development and tenant updates.

Chain Store Age May/June issue: Shopping Centers Take on COVID-19

Shopping center experts weigh in on the pandemic that shuttered centers and how they think the next few months will play out in the May/June issue of Chain Store Age.

Food Lion to buy 62 Bi-Lo, Harveys Supermarkets stores

Food Lion is expanding its Southeast store footprint.

As more states welcome shut-down retailers back to business, center owners and operators are helping them with new programs for new times.

Bellevue Square Mall

Malls in cities across the country were broken into and looted during weekend protests against the killing of George Floyd by Minneapolis police.

It’s not just the obvious suspects — namely Walmart and Target — that have the potential to benefit from the liquidation of Pier 1 Imports.

Five Below

Five Below is not backing down from its aggressive store expansion.

Amazon is reportedly making good on plans to expand its new brick-and-mortar grocery concept beyond Southern California.

ulta

The COVID-19 pandemic took a big toll on Ulta Beauty, which reported a first-quarter loss amid plunging store sales. 

The end is in sight for the 58-year-old Pier 1 Imports. 

Dollar General store exterior

Dollar General Corp. reported its biggest same-store rise in more than 10 years amid surging demand driven by the COVID-19 pandemic. 

An e-tail giant is using two brand new stores to increase its online grocery delivery capability in the Los Angeles area.

J.C. Penney is reopening more stores that were closed amid the COVID-19 pandemic as it also gets ready to permanently shutter some of those locations.

When Jimmy Maurin and Roger Ogden, both graduates of Louisiana State University and Tulane, decided to leave the professional world and start building retail centers in 1975, neither of them had any experience in real estate.

A survey of 1,000 readers conducted by the Boston Globe found people bound into distinct groups on the question of when they’d feel comfortable dining out.

Southeastern Grocers, parent company of Winn-Dixie, Bi-Lo, Fresco y Más and Harveys Supermarket supermarkets, is expanding in Florida.

wegmans

Wegmans Food Markets is continuing to open new stores — but it’s taking a more cautious approach.

disney store

The Disney Store has released guidelines for its store reopenings.

Macy’s

Macy’s has started refinancing procedures expected to see it through fiscal 2021.

Apple is reopening its U.S. stores with an emphasis on curbside pick-up. 

Over the past five years, the average monthly growth rate for Internet retailers averaged 1%. In April 2020, however their sales ballooned past 8%.

under armour storefront

Under Armour is gearing up to reopen more of its stores that went dark amid the pandemic.

Plaza San Remo

Why, when the economy’s crippled by pandemic, would a real estate investor pay $46.7 million for a 59,694-sq. ft. grocery-anchored center?

Bed Bath & Beyond

Bed Bath & Beyond Inc. is getting ready to welcome back customers to its stores amid surging digital sales. 

joseph Coradino

PREIT CEO Joseph Coradino, who several years ago began buying back department store space in the company’s malls and filling them with more viable retail concepts, now thinks we may not have seen the last of J.C. Penney.

L Brands is shrinking the store portfolio of its struggling Victoria’s Secret division. 

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