NEREJ
New England’s first Best Buy Outlet is now open at Westgate Mall. A concept from Best Buy, Best Buy Outlet offers shoppers deeply discounted prices on appliances, TVs, computers, and more, with inventory regularly updated. Best Buy Outlet shoppers can save up to 40% on clearance and open box products. . . . more
Tuesday, June 29, 2021
Acella Construction completes first Saladworks Franchise in Mass.
NEREJ
Acella Construction Corp., completed the first Saladworks franchise in Massachusetts, located in Woburn Village at 296 Mishawum Rd. . . . more
Acella Construction Corp., completed the first Saladworks franchise in Massachusetts, located in Woburn Village at 296 Mishawum Rd. . . . more
Fat Brands to acquire Global Franchise Group for $442.5M
Restaurant Dive
Fat Brands has agreed to acquire Global Franchise Group, owner of QSR brands Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery and Pretzelmaker, for $442.5 million from Serruya Private Equity and Lion Capital, according to a press release. . . . more
Report: Store closures decline for the first time in 2021
Retail Dive
For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. . . . more
For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. . . . more
Bed Bath & Beyond adds new employee benefit programs; to close on Thanksgiving
CSA
Bed Bath & Beyond is expanding the benefits it offers employees amid a labor crunch that is hitting retail and restaurant chains particularly hard. . . . more
P.F. Chang’s to open 50-plus take-out locations
CSA
P.F. Chang’s has big plans for its new format amid ongoing demand for take-out. . . . more
Office Depot guarantees 30-minute in-store, curbside pickup
CSA
Office Depot and Office Max stores have improved their fulfillment times. . . . more
Friday, June 25, 2021
Red Robin to add 120 Donatos locations this year
CSA
Red Robin is adding Donatos pizza to approximately 120 restaurants by the end of this year, which would bring the partnership that began in 2018 into more than 200 locations. . . . more
The restaurant renaissance is coming. Here's what the industry should expect.
CSA
After over a year of lockdowns, reopenings and more lockdowns due to the ongoing global pandemic, the United States seems to be stabilizing thanks to an improving vaccine supply and distribution. . . . more
After over a year of lockdowns, reopenings and more lockdowns due to the ongoing global pandemic, the United States seems to be stabilizing thanks to an improving vaccine supply and distribution. . . . more
At Home takes over former J.C. Penney site at Maryland mall
CSA
Heritage Partners has announced the lease of the entire 96,000-sq.-ft. former J.C. Penney site at its Woodmore Towne Centre in Glenarden, Maryland. . . . more
Five Below expands same-day delivery to 1,100 stores
CSA
Five Below is moving forward with a successful pilot of the Instacart on-demand delivery platform. . . . more
Rite Aid narrows Q1 loss; retail pharmacy revenue rises 5.5%
CSA
Rite Aid narrowed its loss in the first quarter amid strong pharmacy sales, but its total revenue fell short of Wall Street expectations. . . . more
Thursday, June 24, 2021
Watertown Mall Associates LP sells Watertown Mall for $130 million - Alexandria Real Estate Equities acquires 260,867 s/f shopping center
NEREJ
JLL Capital Markets has closed the $130 million sale of Watertown Mall, a 260,867 s/f shopping center situated on 17.8 acres. . . . more
JLL Capital Markets has closed the $130 million sale of Watertown Mall, a 260,867 s/f shopping center situated on 17.8 acres. . . . more
Ahold Delhaize USA moves closer to full self-distribution
Supermarket News
At the halfway point of a three-year supply chain transformation, Ahold Delhaize USA expects more than 85% of its distribution network to be self-managed by the close of 2022. . . . more
39% of restaurants can't afford June rent, report finds
Restaurant Dive
Thirty-nine percent of restaurants were unable to cover their rent payment for the month of June, according to a report from Alignable. . . . more
Chipotle drives interest in loyalty program with racing video game
Restaurant Dive
Chipotle is launching a racing video game to celebrate a new update to its loyalty program, per a company press release. The update is called Rewards Exchange and gives members of Chipotle Rewards more options on which to spend their loyalty points. . . . more
Gov. Baker Proposes Waiving Massachusetts Sales Tax For All Of August And September
CSA
Massachusetts Gov. Charlie Baker on Wednesday announced a proposal that would waive the state’s sales tax for the months of August and September. . . . more
Massachusetts Gov. Charlie Baker on Wednesday announced a proposal that would waive the state’s sales tax for the months of August and September. . . . more
Wednesday, June 23, 2021
Giant launches Local Produce Boxes program
Supermarket News
Giant Food has begun selling boxes of locally sourced fruit and vegetables online for on-demand delivery. . . . more
McDonald’s to offer its first national loyalty program
CSA
McDonald’s is getting ready to launch its first-ever national rewards program. . . . more
MAC debuts new retail concept
CSA
MAC Cosmetics’ new travel store concept is designed for busy travelers — and sustainability. . . . more
First Look: The newest Apple store is a stunner
CSA
Apple is opening a store in the historic Tower Theater in downtown Los Angeles. . . . more
Adobe: First day of Prime Day tops Thanksgiving
CSA
Total online sales in the U.S. exceeded $5.6 billion during the first day of Amazon Prime Day. . . . more
Batteries Plus Promotes Joe Malmuth to VP of Franchise Development and Relations Amidst Substantial System-Wide Growth
Franchising.com
In response to the 30-plus store openings and the signing of 55 new franchise agreements thus far in 2021, Batteries Plus announced today the promotion of one of its key leaders, Joe Malmuth, to Vice President of Franchise Development and Relations. . . . more
In response to the 30-plus store openings and the signing of 55 new franchise agreements thus far in 2021, Batteries Plus announced today the promotion of one of its key leaders, Joe Malmuth, to Vice President of Franchise Development and Relations. . . . more
Tuesday, June 22, 2021
Amazon Prime Day hoists overall U.S. online sales
Supermarket News
Amazon’s annual Prime Day sales event, which kicked off Monday, stands to give a sizable boost to online retail sales growth this year, according to FTI Consulting. . . . more
Popeyes launches its first loyalty program
Restaurant Dive
Popeyes has launched its first-ever loyalty program, called Popeyes Rewards, which provides exclusive access to deals, celebrations, swag and the chance to earn and redeem points from menu purchases, according to a press release emailed to Restaurant Dive. . . . more
Luby's sells Fuddruckers for $18.5M
Restuarnat Dive
Luby's, Inc. has entered into an agreement to sell its Fuddruckers franchise business operations to Black Titan Franchise Systems, a newly formed affiliate of Nicholas Perkins, according to a press release. Fuddruckers currently has 92 locations operating in the U.S. . . . more
Luby's, Inc. has entered into an agreement to sell its Fuddruckers franchise business operations to Black Titan Franchise Systems, a newly formed affiliate of Nicholas Perkins, according to a press release. Fuddruckers currently has 92 locations operating in the U.S. . . . more
URW gives Broward Mall back to its lender
CSA
The Westfield Broward Mall in Plantation, Fla., once one of the most popular shopping destinations in the state, has been abandoned by Unibail Rodamco Westfield. . . . more
L Brands reveals name for spun-off Victoria’s Secret
CSA
The separation of Bath & Body Works and Victoria’s Secret into two independent public businesses has started. . . . more
Walmart, Amazon, Home Depot, Old Navy among 50 ‘most patriotic’ brands
CSA
A retail giant ranks as the country’s second most patriotic brand. . . . more
On The Border Spurs Franchise Growth Across the Country with Execution of Two New Deals
Restuarant News.com
On The Border Mexican Grill & Cantina is getting ready to bring its bold, border-style Mex and ice-cold margaritas to the most northern and southern ends of the country! . . . more
On The Border Mexican Grill & Cantina is getting ready to bring its bold, border-style Mex and ice-cold margaritas to the most northern and southern ends of the country! . . . more
Thursday, June 17, 2021
Walgreens launches same-day delivery via Uber Eats
Supermarket News
Adding another on-demand delivery option, Walgreens has expanded its partnership with Uber to offer non-prescription products directly on the Uber Eats platform. . . . more
CVS to change key loyalty benefit for the first time in 20 years
Retail Dive
CVS pharmacy will now pay back 2% in ExtraBucks rewards to members of its ExtraCare Rewards loyalty program after almost every transaction instead of every quarter, the first changes to the program's core benefit in 20 years. . . . more
Study: Father’s Day spending will rise 16%
CSA
There should be a lot of glad dads on Fathers’ Day this year, especially those with millennial children. . . . more
There should be a lot of glad dads on Fathers’ Day this year, especially those with millennial children. . . . more
Check out Target’s ‘before’ and ‘after’ store remodel photos
CSA
Target Corp. is on track to give top-to-bottom makeovers to about 150 stores this year, with everything from modern fixtures and updated lighting to enhanced experiences and the latest in health and safety. . . . more
Target Corp. is on track to give top-to-bottom makeovers to about 150 stores this year, with everything from modern fixtures and updated lighting to enhanced experiences and the latest in health and safety. . . . more
At Home amends sale terms
CSA
At Home Group Inc. will receive another dollar per share in a restated merger agreement with private equity firm Hellman & Friedman LLC. . . . more
At Home Group Inc. will receive another dollar per share in a restated merger agreement with private equity firm Hellman & Friedman LLC. . . . more
Neiman Marcus plans to invest more than $500 million in digital tech
CSA
Neiman Marcus Group is kicking off a three-year intensive digital investment strategy with the purchase of a machine learning (ML) platform. . . . more
Check out Google’s first-ever permanent store
CSA
Customers can get up close and personal with the latest Google devices and services at the tech giant’s first-ever physical store. . . . more
Tuesday, June 15, 2021
Life after lockdown: 5 tips for retailers on planning ahead
Supermarket News
We are at an exciting and somewhat perplexing moment: we’re all tiptoeing back into so-called normal life after an abnormal year. . . . more
We are at an exciting and somewhat perplexing moment: we’re all tiptoeing back into so-called normal life after an abnormal year. . . . more
Rite Aid promotes industry veteran to chief retail officer
CSA
Andre Persaud is assuming a c-level position at Rite Aid. . . . more
DoorDash ‘goes to the dogs’ in partnership with PetSmart
CSA
A leading specialty pet retailer is further expanding the reach of DoorDash into the pet supply vertical. . . . more
27% of U.S. shopping centers are found in California, Texas, and Florida
CSA
There are 115,049 shopping centers in the United States and 27% of them can be found in its three most populous states: California, Texas, and Florida. . . . more
Survey: Americans are ready to spend on some fun
CSA
As vaccinations increase, U.S. consumers are preparing themselves to enjoy the upcoming summer. . . . more
Level99 opens in Natick with a taproom, beer hall, and interactive challenges
Boston.com
At Level99, the floor is lava. At least, it is in one of the entertainment venue’s interactive rooms, where guests swing on ropes over shimmering LED lava. . . . more
J.P. Licks Ice Cream Chain Sued For Unpaid Rent During Pandemic
CBS Boston
A popular Boston ice cream chain is being sued for unpaid rent during the pandemic. . . . more
A popular Boston ice cream chain is being sued for unpaid rent during the pandemic. . . . more
Monday, June 14, 2021
Best Buy joins Target, Walmart in closing stores on Thanksgiving Day
CSA
It’s still early in the game but retailers’ plans for holiday 2021 are starting to take shape — and they are looking similar to last year. . . . more
Brookfield latches on to new gaming concept; planning 1,000 locations in five years
CSA
Electric Gamebox, a multi-player video game experience developed in the U.K., will be opening 100 locations in the U.S. in the next two years—many of them in Brookfield properties. . . . more
Kohl’s hopes to wow customers with June sales extravaganza
CSA
There are now at least four major retailers running late June sales extravaganzas that directly compete with the upcoming Amazon Prime Day event. . . . more
Coming this summer – pay your bills in cash at Walmart
CSA
Walmart is expanding its growing portfolio of financial services. . . . more
Major US mall owner files for bankruptcy
WHDH
Washington Prime Group, a major mall owner of more than 100 locations across the United States, filed for bankruptcy, citing pandemic-related shutdowns. . . . more
Washington Prime Group, a major mall owner of more than 100 locations across the United States, filed for bankruptcy, citing pandemic-related shutdowns. . . . more
Friday, June 11, 2021
DivcoWest Brings REI Neighborhood Store to Cambridge Crossing
Boston Real Estate Times
DivcoWest announced it will welcome specialty outdoor retailer REI Co-op to Cambridge Crossing (CX), the new 43-acre neighborhood at the intersection of Cambridge, Somerville, and Boston. . . . more
DivcoWest announced it will welcome specialty outdoor retailer REI Co-op to Cambridge Crossing (CX), the new 43-acre neighborhood at the intersection of Cambridge, Somerville, and Boston. . . . more
Footwear Prices Are Going Up — Here’s What to Expect in the Months Ahead
Footwear News
It’s official: Prices are rising, and it’s likely they’ll remain higher than usual in the months to come. . . . more
U.S. online sales forecast revised upward
CSA
E-commerce is on track to surpass 20% of total U.S. retail sales by 2024. . . . more
J. Jill rebounds from pandemic doldrums with 42% sales growth
Retail Dive
As it lapped last year's pandemic closures, J. Jill's first-quarter sales grew about 42% year over year to $129.1 million. . . . more
GameStop fills CEO, CFO spots with former Amazon execs
Retail Dive
GameStop filled two of its most important open C-suite positions with Amazon veterans as the company works toward a digital makeover and reported first-quarter sales growth of about 25%. . . . more
Jack in the Box Reveals its Restaurant of the Future
QSR
Before Darin Harris began his tenure as Jack in the Box CEO in June 2020, the construction design team examined how to create the most efficient kitchen possible to maximize volume and develop an engine that enabled the brand to fit on smaller sites. . . . more
Before Darin Harris began his tenure as Jack in the Box CEO in June 2020, the construction design team examined how to create the most efficient kitchen possible to maximize volume and develop an engine that enabled the brand to fit on smaller sites. . . . more
Tuesday, June 8, 2021
Showcase Cinemas North in Worcester has officially closed
Spectrum News
Showcase Cinemas Worcester North is officially closed, according to National Amusements. . . . more
Showcase Cinemas Worcester North is officially closed, according to National Amusements. . . . more
Monday, June 7, 2021
Dunham’s Sports Plans To Open 11 New Stores In Back Half Of 2021
Plain Vanilla Shell
Dunham’s Sports recently announced plans to open 11 new stores in the back half of 2021, bringing the company’s total store count to over 250. . . . more
In the Past Year, Francesca’s Faced COVID, a Bankruptcy and New Ownership — Here’s How Its Business Is Faring Now
Footwear News
Calling the past year unprecedented is no understatement for Francesca’s. . . . more
Chuck E. Cheese will hire 5K employees this summer
Restaurant Dive
Chuck E. Cheese plans to hire 5,000 employees this summer across its 460 locations in 47 states, according to a press release. . . . more
As pandemic wanes, dollar stores regain lost ground, grab new sales
Retail Dive
Dollar stores — those that stayed open as essential retailers — were among the primary beneficiaries of 2020’s topsy-turvy selling environment. Many core and new customers used Dollar General and Family Dollar to stock up and took advantage of their general merchandise assortments to consolidate shopping trips. . . . more
Is the never-ending Sears saga finally reaching its closing chapters?
Retail Dive
In October 2018, one Sears holding company (with a multitude of subsidiaries) went into bankruptcy. As though by some dark science, an identity split occurred in Chapter 11. . . . more
Staples makes $1 billion bid to buy consumer businesses of Office Depot owner
CSA
Will the third time be the charm for Staples? . . . more
Express narrows loss; to expand smaller-store format
CSA
Express Inc. topped first-quarter expectations and said its second-quarter store sales to date are exceeding 2019 levels on a comparable basis. . . . more
Thursday, June 3, 2021
Stop & Shop eyes over 1,000 new hires in metro New York
Supermarket News
Stop & Shop aims to fill more than 1,000 part-time jobs across the metropolitan New York area. . . . more
American Eagle cuts SKUs, speeds delivery with supply chain transformation
Retail Dive
American Eagle Outfitters has improved turn times, thanks to its supply chain transformation that has taken place over the last year. Under its new model, the retailer reduced SKU counts to focus on the "the most productive styles," COO Michael Rempell said on the company's earnings call last week. . . . more
American Eagle Outfitters has improved turn times, thanks to its supply chain transformation that has taken place over the last year. Under its new model, the retailer reduced SKU counts to focus on the "the most productive styles," COO Michael Rempell said on the company's earnings call last week. . . . more
Bed Bath & Beyond adds 3 more private labels to lineup
Retail Dive
Bed Bath & Beyond on Wednesday announced its next round of private labels: kitchen and dining ware brand Our Table, home brand Wild Sage, and storage and organization brand Squared Away. . . . more
Dick’s Sporting Goods’ new store openings include second House of Sport
CSA
Dick’s Sporting Goods continues to expand with new formats and new concepts. . . . more
Container Store shores up leadership with retail vets
CSA
The Container Store has expanded its management team, including adding four new titles: CIO; VP of merchandising; senior director of senior director of environmental, social and governance (ESG); and senior director of diversity, equity and inclusion. . . . more
Walmart to take on Amazon with ‘Deals for Days’ promotion
CSA
The question was never if, but when, Walmart would announce its own June sales extravaganza in the wake of Amazon and Target’s scheduled events. . . . more
Target primes itself for ‘Deal Days’ sales extravaganza
CSA
Target is launching a major online promotion that starts one day earlier than Amazon Prime Day. . . . more
Tuesday, June 1, 2021
Sweetgreen refreshes brand identity to spotlight sustainability, focus on 'real food'
Restaurant Dive
Fast-casual salad chain Sweetgreen unveiled a new brand identity that tries to "reimagine fast food" with a focus on social issues like climate change, according to a press release. . . . more
Downsizing hurts Nordstrom in Q1
Retail Dive
The effect of Nordstrom's decision last year to close 16 full-line stores was felt during its first quarter, when net sales rose 44% from 2020, but fell 13% from 2019. Year over year, full-line store sales rose 37% and off-price Rack sales rose 59%; compared to 2019, sales at each fell 13%. . . . more
The effect of Nordstrom's decision last year to close 16 full-line stores was felt during its first quarter, when net sales rose 44% from 2020, but fell 13% from 2019. Year over year, full-line store sales rose 37% and off-price Rack sales rose 59%; compared to 2019, sales at each fell 13%. . . . more
Off-pricers bounce back in Q1
Retail Dive
Some U.S. consumers still have some of the government's pandemic relief money left in their pockets; others have needed the federal boost just to pay their bills. Both kinds of shoppers prize a deal, and are heading to off-price stores to find one. . . . more
Anthropologie opens its first hotel pop-up
CSA
Anthropologie is setting up shop — temporarily — at the Jersey shore. . . . more
Big Lots crushes estimates amid strong sales; opening 50 to 60 stores
CSA
Big Lots Inc. reported better-than-expected sales and earnings for its first quarter despite “significant supply chain and freight headwinds.” . . . more
Ulta Beauty sales soar; earnings, revenue exceed pre-pandemic levels
CSA
Ulta Beauty started the year strong as sales jumped 65%, fueled by rising consumer confidence, stimulus checks, the easing of COVID-19 restrictions and returning store shoppers. . . . more
Warby Parker Founders Explain Why They Are Adding 35 Stores
StockXpo
Last year, the pandemic forced many Warby Parker customers to try shopping online for their eyeglasses. Now, as online sales remain elevated, the eyewear brand is doubling down on its bricks-and-mortar strategy. . . . more
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