Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion

Posted on Reuters.com | April 19, 2019 View Original Article     (Reuters) - Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer.   The deal comes after Apollo … [Read more...]

US retail sales soared 1.6% in March

Posted on APNews.com | April 18, 2019 View Article Here     WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped.   The Commerce Department said Thursday that sales increased a seasonally adjusted 1.6% from … [Read more...]

No, Online Sales Aren’t Beating Brick-And-Mortar Retail

Posted on BisNow.com | April 10, 2019 View Original Article Here     There are three types of lies: lies, damn lies and, apparently, retail statistics. A recent U.S. Department of Commerce retail report showed non-store sales eclipsed general merchandise sales by a narrow margin in February, a first in the history … [Read more...]

Retail Sale-Leaseback Deals Are on the Rise

Posted on GlobeSt.com | March 20, 2019 View Article Here       These transactions are particularly popular for retailers looking to unlock capital tied up in real estate as an alternative to financing   Retail sale-leaseback deals are on the rise. Retailers are using the transaction structure to unlock … [Read more...]

The Net Lease Preference for Medtail

Posted on GlobeSt.com | March 19, 2019 View Original Article Here     NEW YORK CITY—Medical retail or “medtail” is the sector that interests Envoy Net Lease Partners. That’s one tip from Ralph Cram, the president of the real estate finance company that specializes in single-tenant net leased properties. He’s one of the … [Read more...]

Gap, JCPenney, Victoria’s Secret, Foot Locker Close 465 stores in 48 hours

Posted on FoxBusiness.com | March 1, 2019 View Original Article     Gap to spin off Old Navy brand The 'retail apocalypse' is alive and well this week with major chains such as Gap, JCPenney, Victoria's Secret and Foot Locker all announcing massive closures, totaling the death of more than 465 stores over the last 48 … [Read more...]

Deloitte’s 2019 Retail Outlook | How retailers can navigate the year ahead

Posted on Commercial Property Executive | February 14, 2019 View Original Article Here     Deloitte’s report suggests a multitude of ways in which retailers can successfully navigate the year ahead, including customizing their loyalty programs and embracing the latest technologies.   Last year ended on a good … [Read more...]

E-Commerce Poised to Make More Demands on Industrial

Posted on GlobeSt.com | February 12, 2019 View Original Article Here     Chicago, IL—Backlogs at factories are elevated, retailers are competing for last-mile storage facilities and the labor market remains tight with workers increasingly hard to find and costly to attract and retain. The state of the e-commerce industrial … [Read more...]

Amazon Isn’t to Blame for Retail Sector’s Troubles. The Shrinking Middle Class Is.

Posted on NREIOnline.com | Sept 6, 2018 Written by Yaromir Steiner View Original Article Here   Despite an economy that has enjoyed almost uninterrupted positive growth since the deep recession of the late 2000s, those who work in and around retail will be quick to tell you that it isn’t all milk and honey for the … [Read more...]

Brick and Mortar Retail Isn’t Dead | Retailers Filling Toys ‘R’ Us Vacancies

Posted on Forbes.com | July 8, 2018 Written by Andria Chang View Original Article Here     Toys “R” Us, which closed the last batch of its U.S. stores just over a week ago, has left behind not only nostalgia but also hundreds of empty stores across the country. Still, if you thought this paints a gloomy picture of … [Read more...]