Which NC, SC Big Lots Stores Will Stay Open? These 63 Likely Locations Are On A List
The company helping Big Lots navigate its bankruptcy has shared a list of stores likely to remain open. Gordon Brothers Retail Partners, the Boston-based asset liquidation firm working with Big Lots, submitted a list of 200 locations in a court filing Monday at the...
70% Of CRE Investors Plan To Increase Acquisitions This Year
If current trends hold, the commercial real estate (CRE) market is poised for growth in 2025, with investors anticipating increased activity. According to recent surveys, 70% of CRE investors expect to acquire more assets in 2025 compared to 2024. Nearly half of...
Northlake Mall To Be Acquired For $39 Million
Northlake Mall, once valued at over $248 million, is set to be sold for $39 million, a significant loss of more than $200 million from its original purchase price a decade ago, according to a filing in the North Carolina Business Court. Since 2021, the mall has been...
Macy’s, Kohl’s Announce Dozens Of Store Closures
Kohl’s announced plans to close 27 underperforming stores by the end of April, while Macy’s revealed it will shut down 66 locations during the first quarter as part of a strategy to focus on high-performing stores and online sales. Macy’s aims to reduce its footprint...
Open-Air Shopping Centers Driving ‘Retail Renaissance’
During the e-commerce boom of the pandemic, millions of consumers shifted to online shopping from home, leading some experts to declare the beginning of the “retail apocalypse” for traditional brick-and-mortar stores. However, while other sectors of...
Here’s To Cheer, Joy & Peace…
As the year comes to a close, we want to express our heartfelt gratitude for your continued support and partnership. May your holidays be filled with joy, peace, and prosperity. We look forward to achieving even greater success together in the coming...
Fast Food, Convenience Stores Fuel Retail Investment Surge
Despite a broader slowdown in commercial real estate deal flow, the retail market is showing resilience, with investors continuing to find opportunities. A recent broker report highlights strong demand driven by the performance of fast-food chains and convenience...
The Worst Might Be Behind Drug Stores
The retail pharmacy sector has struggled in recent years, with significant store closures and bankruptcies. From 2010 to 2021, nearly 30% of drug stores shut down, according to a study by Health Affairs. Last year, Rite Aid even filed for bankruptcy. However, experts...