\r\n \r\nStarbucks opened the first of the three stores on July 23. All three will be located near shopping malls or office buildings. Starbucks is not publicly saying how many stores in Vietnam it ultimately plans to open. The company first entered the Vietnamese market in 2013.
\r\n
","showSummary":null,"url":"/real-estate/starbucks-opens-three-stores-hanoi","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Inland Real Estate Income Trust acquires shopping Center in Wisconsin","id":69920,"bundle":"article","summary":"
Oak Brook, Ill. — Inland Real Estate Income Trust announced the acquisition of the 86,800-sq-ft. Pick ‘n Save Shopping Center in West Bend, Wisconsin. Lou Quilici, senior VP of IREIT Business Manager & Advisor, Inc., assisted Matthew Tice, VP of Inland Real Estate Acquisitions in the purchase of the property.
","showSummary":null,"url":"/real-estate/inland-real-estate-income-trust-acquires-shopping-center-wisconsin","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"},{"name":"Insights","url":"/insights"}],"attachedFiles":[]},{"title":"Sam’s Club opens in Oxford, Alabama, July 24","id":69938,"bundle":"article","summary":"
Bentonville, Ark. - Sam’s Club will open a new store in Oxford, Alabama, on July 24. The store will bring 170 jobs to the community \r\n \r\nA number of health and wellness services will also be available, including a pharmacy, optical center and hearing aid center.
\r\n
","showSummary":null,"url":"/real-estate/sams-club-opens-oxford-alabama-july-24","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"SRS Real Estate Partners hires new associate","id":69921,"bundle":"article","summary":"
Dallas — SRS Real Estate Partners has hired Daniel Poku as an associate in the Dallas/Fort Worth office. A newcomer to the industry, Poku has a background in economics.
\r\n
Poku is a recent graduate of Southern Methodist University. Poku is also currently pursuing a new venture called CauseCakes, with plans to launch fall 2014. CauseCakes partnered with a local bakery to provide cupcakes with wrappers that prompt acts of random kindness for special events and corporate meetings.
\r\n
","showSummary":null,"url":"/real-estate/srs-real-estate-partners-hires-new-associate","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"},{"name":"Insights","url":"/insights"}],"attachedFiles":[]},{"title":"First TargetExpress store to open Sunday","id":69940,"bundle":"article","summary":"
New York -- Target Corp. on Sunday, July 27, will unveil its small-store format, TargetExpress, in Minneapolis. \r\n \r\nThe 20,000-sq.-ft. store is located on the street level on an apartment building near the University of Minnesota campus and is also close to the retailer’s headquarters. \r\n \r","showSummary":null,"url":"/real-estate/first-targetexpress-store-open-sunday","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":35250,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_30970.jpg?itok=oCLXMUMO","width":600,"height":377,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Sportman’s Warehouse plans eight new stores in 2015","id":69926,"bundle":"article","summary":"
Midvale, Utah – Sportsman’s Warehouse Inc. is opening a store in Spokane, Washington, in early 2015. This location will be the first of eight planned stores that will open during 2015, making a total of 63 retail stores open and operating by the end of 2015. \r\n \r","showSummary":null,"url":"/real-estate/sportmans-warehouse-plans-eight-new-stores-2015","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Mid-America brings new retailers to River Forest Town Center","id":69919,"bundle":"article","summary":"
River Forest, Ill. — Richard Spinell, principal of Mid-America Asset Management Inc., announced that the firm recently secured three leases at River Forest Town Center in River Forest, Illinois, a western suburb of Chicago.
\r\n
Massage Envy, Accelerated Rehabilitation, and Native Foods signed leases at River Forest Town Center. Massage Envy signed on for 3,946 sq. ft. and Accelerated Rehabilitation signed for 3,077 sq. ft. Both tenants are taking half of the former Talbot’s space.
","showSummary":null,"url":"/real-estate/mid-america-brings-new-retailers-river-forest-town-center","date":"2014-07-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Sears Outlet Stores expands Kansas City center","id":69955,"bundle":"article","summary":"
Hoffman Estates, Ill. - Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region. This new repaird and distribution center is expected to create nearly 160 new jobs to be filled by Kansas City locals. \r\n \r","showSummary":null,"url":"/real-estate/sears-outlet-stores-expands-kansas-city-center","date":"2014-07-22T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Crocs to shutter stores, cut workforce","id":69942,"bundle":"article","summary":"
New York -- Footwear maker Crocs Inc., best known for its colorful plastic clogs, announced a major restructuring that includes closing stores and job cutbacks. \r\n \r\nThe plan comes on the heels of the company's disappointing second-quarter earnings results. Earlier this month, Crocs reported that second-quarter profit fell 44% to $19.7 million.
Seattle – Starbucks is opening three new stores in Hanoi, Vietnam. The stores will add to Starbucks’ established Vietnam presence of eight stores in Ho Chi Minh City.
Starbucks opened the first of the three stores on July 23. All three will be located near shopping malls or office buildings. Starbucks is not publicly saying how many stores in Vietnam it ultimately plans to open. The company first entered the Vietnamese market in 2013.
Oak Brook, Ill. — Inland Real Estate Income Trust announced the acquisition of the 86,800-sq-ft. Pick ‘n Save Shopping Center in West Bend, Wisconsin. Lou Quilici, senior VP of IREIT Business Manager & Advisor, Inc., assisted Matthew Tice, VP of Inland Real Estate Acquisitions in the purchase of the property.
Dallas — SRS Real Estate Partners has hired Daniel Poku as an associate in the Dallas/Fort Worth office. A newcomer to the industry, Poku has a background in economics.
Poku is a recent graduate of Southern Methodist University. Poku is also currently pursuing a new venture called CauseCakes, with plans to launch fall 2014. CauseCakes partnered with a local bakery to provide cupcakes with wrappers that prompt acts of random kindness for special events and corporate meetings.
New York -- Target Corp. on Sunday, July 27, will unveil its small-store format, TargetExpress, in Minneapolis.
The 20,000-sq.-ft. store is located on the street level on an apartment building near the University of Minnesota campus and is also close to the retailer’s headquarters.
Midvale, Utah – Sportsman’s Warehouse Inc. is opening a store in Spokane, Washington, in early 2015. This location will be the first of eight planned stores that will open during 2015, making a total of 63 retail stores open and operating by the end of 2015.
River Forest, Ill. — Richard Spinell, principal of Mid-America Asset Management Inc., announced that the firm recently secured three leases at River Forest Town Center in River Forest, Illinois, a western suburb of Chicago.
Massage Envy, Accelerated Rehabilitation, and Native Foods signed leases at River Forest Town Center. Massage Envy signed on for 3,946 sq. ft. and Accelerated Rehabilitation signed for 3,077 sq. ft. Both tenants are taking half of the former Talbot’s space.
Hoffman Estates, Ill. - Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region. This new repaird and distribution center is expected to create nearly 160 new jobs to be filled by Kansas City locals.
New York -- Footwear maker Crocs Inc., best known for its colorful plastic clogs, announced a major restructuring that includes closing stores and job cutbacks.
The plan comes on the heels of the company's disappointing second-quarter earnings results. Earlier this month, Crocs reported that second-quarter profit fell 44% to $19.7 million.
The economic trend for some time now has been a slow and meandering recovery. Despite improving consumer confidence numbers, a surprising first quarter GDP decline of 2.9% speaks to that uncertainty. Retail analysts and observers have a tendency to blame the weather whenever we have a bad economic quarter or when retail sales are unexpectedly sluggish, but I tend to be a little dubious of those explanations. Last winter was definitely rough enough to impact spending, but I don’t think it’s enough to explain the continued issues into the spring.