Retail Sales Rebound in July, Up 3.5 Percent Over 2016

Posted on NRF.com | August 15, 2017 View Original Article Here   WASHINGTON – Retail sales in July increased by 0.6 percent over June on a seasonally adjusted basis, triple the revised 0.2 percent growth seen in June, according to calculations released today by the National Retail Federation. Sales increased by 3.5 percent … [Read more...]

The demise of brick-and-mortar retail has been greatly exaggerated

Posted on RetailCustomerExperience.com | July 11, 2017 Written by Ifti Ifhar, CEO, ComQi View Original Article   There's been no end of stories lately about retail store closures, layoffs and bankruptcies, but the real story isn't about physical retail dying. It's about evolution — and that outlook is very … [Read more...]

Staples in $6.9 Billion Sale to Private Equity Firm Sycamore

Published on New York Times | June 28, 2017 Reporting by Lauren Hirsch in New York; Editing by Andrew Hay and Bill Trott View Original Article Here     (Reuters) - Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this … [Read more...]

Facing Headwinds, Retail Real Estate Development Activity Remains Muted

Retail development remains at about half the pace of the previous market peak.   Posted By National Real Estate Investor Online | April 20, 2017 Written/Reported By Diana Bell View Original Article Here   Swamped by a deluge of retail bankruptcies, restructurings and resizings over the past two years, and experts … [Read more...]

Rite Aid Buy Makes Ripples in NNN Market

Posted 11/3/2015 | GlobeSt.com 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 Costar.com | 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...]

Petco Files for IPO

Market Watch | by Jeremy C. Owens Published August 17, 2015 Petco Holdings Inc. filed Monday for an initial public offering, which would be the third in the past three decades for the pet-focused retailer. The San Diego-based chain last left the public markets in a $1.8 billion leveraged buyout in 2006 by Leonard Green & Partners and … [Read more...]

Retail Development Gains Momentum

Beth Mattson-Teig | NREI.com | May 26, 2015 View Original Article Here   Following its tepid pace over the past few years, retail development is on the verge of taking a giant leap forward as the pipeline of proposed projects continues to expand.   New construction dropped off a cliff during the worst of the recession. … [Read more...]

Barr & Bennett Net Leased Investment Group Completes $25.4 Million Sale of Sam’s Club

Crestwood, MO—May 5, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed the $25,400,000 investment sale of two retail buildings located in the Big Bend Crossing shopping center of Crestwood, Missouri, a St Louis suburb. The buildings, located at 10244 & 10248 Big Bend Road … [Read more...]