Rite Aid Closes Last Remaining Locations Nationwide
Rite Aid has officially closed the doors to all its remaining stores across the United States, marking the end of the longtime pharmacy chain after filing for Chapter 11 bankruptcy earlier this year. As of Monday morning, the company’s website now consists of a single...
Retail Demand In Myrtle Beach Stays Negative As Vacancy Stays Low
Retail landlords in Myrtle Beach are finding reasons to stay optimistic as the market shows steady improvement, according to a recent industry report. While absorption remained slightly negative in the second quarter at -15,000 square feet, that’s a major improvement...
Store Closures Remain Challenging While Fast Leasing, Investor Demand Steal The Spotlight
Despite an uptick in store closures, U.S. retail property owners are finding reasons for cautious optimism this year. A new industry report highlights a retail market where rising vacancies are tempered by faster backfilling—helping landlords maintain stability as...
Retail Closures Outpace Openings As High-Profile Bankruptcies Bloat Inventory
Retailers across the U.S. are shuttering stores at a much faster pace in 2025, with store closures up 67% compared to the same time last year. In just the first week of July, 119 stores closed their doors, contributing to a total of 5,941 closures announced through...
Smoother, Faster, Smarter: How Tech Is Changing CRE Transactions
The commercial real estate (CRE) industry is undergoing a significant transformation, moving away from outdated manual methods toward a tech-driven approach. This shift is streamlining property acquisitions and enabling more informed decisions by maximizing the value...
Class A Malls Buck the Retail Decline Narrative
In an era where e-commerce continues to expand and physical retail faces ongoing challenges, traditional malls are often viewed as a fading relic. But recent data tells a more nuanced story—especially for top-tier malls. Monthly visits to Class A malls held steady...
Grocery Store Traffic Holds Steady Amid Multiple Headwinds
Despite rising food prices, shifting consumer confidence, and tough competition from discount retailers and superstores, traditional brick-and-mortar grocery stores are holding their ground in 2025. A recent analysis by Placer.ai reveals that these stores are not only...
Class B Malls Offer Prime Redevelopment Opportunity
The future of Class B malls may increasingly depend on the trend of transforming underperforming properties into mixed-use developments, especially as new retail construction slows. These redevelopments aim to combine retail, lifestyle, entertainment, and essential...
Walgreens Acquisition Sets Stage For Major Retail Real Estate Changes
The recent announcement that Sycamore Partners will acquire Walgreens Boots Alliance, ending its nearly century-long status as a public company, is expected to have a major impact on the commercial real estate market. This acquisition, valued at up to $23.7 billion,...
National Retailer Store Leases To Be Sold At Bankruptcy Auction
A&G Real Estate Partners, a New York-based real estate advisory firm, is preparing to auction off hundreds of retail store and distribution center leases following the bankruptcy of Joann Inc., the well-known fabric and craft retailer headquartered in Hudson,...
Retail Investment Boom Expected To Continue In 2025
Investment in the retail sector soared to $21.2 billion in the second half of 2024, marking a 36% increase from the first half of the year. This growth pushed total retail investment volume to $36.8 billion for the year, reflecting a 6% year-over-year increase,...
Bankrupt Retailer Joann To Close 500 Stores
Fabric and craft retailer Joann is set to shut down more than half of its stores nationwide as it navigates its second Chapter 11 bankruptcy within a year. The company plans to close around 500 of its 800 locations across 49 states, according to the Associated Press....
Aldi Plots 225-Store Expansion After Buying Winn-Dixie, Sells 170 Stores Back To Former Owner
Aldi is set to embark on a major expansion in 2025 while simultaneously selling back some of the stores it acquired in 2023. The company plans to open 225 new locations next year, marking its fastest expansion yet. This growth will come from both brand-new stores and...