Travel Centers of America Closes Purchase of Quaker Steak and Lube

Published April 25, 2016 | The Business Journal View Original Article Here     WESTLAKE, Ohio – TravelCenters of America LLC says it has completed its acquisition of the Quaker Steak & Lube restaurant chain for $25 million.   “We expect to grow Quaker Steak & Lube into a nationally recognized brand … [Read more...]

Arby’s Leads QSR Industry with 8.1% U.S. System Sales Growth in 2015

Posted on | February 1, 2016 View Release Here Brand opened 60 new U.S. restaurants, most since 2008 ATLANTA (February 1, 2016) –Arby’s achieved industry-leading system U.S. SameStore Sales (SSS) growth of 8.1% in 2015 – more than three times the growth rate of a sample of the larger Quick Service Restaurant (QSR) … [Read more...]

Plano-based At Home is Recycling Old Spaces into New Stores

Posted on | February 5, 2016 By Maria Halkias   View Original Article Here Photo: Andy Jacobsohn/Staff Photographer   A former Wal-Mart on LBJ Freeway in Farmers Branch and a Kohl’s that’s closing in Plano will become the newest locations of Plano-based home decor retailer At Home.   Although At … [Read more...]

Dollar Tree Inc. Upgraded To ‘BB+’ by Standard & Poor’s

Posted on   Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised 29-Jan-2016 09:50 EST View Analyst Contact Information Discount retailer Dollar Tree Inc. continues to integrate its Family Dollar Stores Inc. acquisition and … [Read more...]

Walmart to Streamline Business by Closing Express Stores

Published By | January 19, 2016 Written By Zacks Equity Research,   View Original Article   The largest global retailer Wal-Mart Stores Inc. (WMT) has been facing severe challenges since the last few quarters and showing signs of acute weakness. Amid the weak scenario, the retailer plans to close 269 … [Read more...]

FTC Rejects Staples-Office Depot Deal Without a Counteroffer

Posted on Bloomberg Business | By David McLaughlin December 21, 2015   View Original Article Here     Staples Inc. will have to do more to smooth government opposition to its proposed takeover of Office Depot Inc. after the U.S. rejected its latest attempt to win antitrust approval.   Staples offered to … [Read more...]

Rite Aid Buy Makes Ripples in NNN Market

Posted 11/3/2015 | By Brian J. Rogal View Original Article Here CHICAGO—The recent decision by Walgreens to buy Rite Aid for more than $9.4 billion in cash will set off ripples in the market for triple net lease properties. Drug stores like these are among the most popular options for investors, but the uncertainty … [Read more...]

Walgreens Likely To Go on Real Estate Diet if Deal for Rite Aid Wins Approval

Published on | October 28, 2015 Written by Mark Heschmeyer View Original Article Here   Rite Aid Accepts $17.2 Billion Buyout Offer from Walgreens Boots Alliance, Execs See $1 Billion in Cost Savings   The newly announced merger agreement between Walgreens Boots Alliance Inc. and Rite Aid Corp. has the potential … [Read more...]

Dollar Store Sector Cashes In

Published by NREI Online | Dated Sept. 17, 2015 Written By Jennifer Duell Popovec View Article Here   The expansive growth the dollar store segment has experienced over the past decade will likely continue for the next several years, according to management teams from the largest dollar store chains. With few exceptions, these … [Read more...]

Grocery Outlet Bargain Market to open 14 Southern California locations

Published on San Gabriel Valley Tribune | Dated Sept. 15, 2015 Written by Kevin Smith View Article Here Southern California’s supermarket industry is about to get a new player.   Grocery Outlet Bargain Market announced Tuesday that it plans to open 14 stores in the greater Los Angeles area beginning in December — a move that … [Read more...]