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REAL ESTATE

  • MC Sports to open at Ohio Valley Mall

    St. Clairsville, Ohio -- Youngstown, Ohio-based Cafaro Co. said Wednesday that MC Sports will debut in the area with a new store at Cafaro’s Ohio Valley Mall, in St. Clairsville, Ohio, in July.

    The new store will be located next to Sears, occupying nearly 23,000 sq. ft. of retail space.

     

  • Jamestown acquires San Luis Obispo retail, office portfolio

    San Francisco -- Jamestown said Wednesday it has acquired a real estate portfolio in downtown San Luis Obispo, Calif., comprised of 86% retail and 14% office space in open-air, multi-story settings.

    The retail component, purchased from Copeland Properties, consists of seven assets, the most notable being Court Street Centre and Downtown Centre, and totals approximately 195,000 sq. ft. The portfolio also includes 28,000 sq. ft. of office space in three separate properties.

  • Abercrombie & Fitch reveals international expansion plans

    New York -- In its annual report filed Tuesday, Abercrombie & Fitch revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores. The news sent the teen retailer’s shares rising on Wednesday.

    The company also said in the report that it is maintaining its focus on boosting profitability by simplifying processes, eliminating less-profitable parts of its business, shoring up efficiencies and cutting expenses.

  • Polaroid launches retail concept; 10 stores planned by yearend

    New York -- Polaroid has thrown its hat in the retail ring, opening its first-ever retail store, in Delray Beach, Fla. Nine additional locations in select U.S. cities are scheduled to open by the end of the year. For photos click here.

  • Leslie's Swimming Pool to open 48 stores this spring

    Phoenix -- Leslie’s Poolmart said Monday it will grand-open 15 Leslie’s Swimming Pool Supplies stores across 10 states on April 5, as part of the company’s plan to open 48 new stores this spring.

    The new stores opening on April 5 include: Tucson, Ariz.; Pleasanton, Calif.; Rohnert Park, Calif.; Cockeysville, Md.; Gastonia, N.C.; Las Vegas; New Hyde Park, N.Y.; West Chester, Ohio; Spartanburg, S.C.; Harlingen, Texas; Lake Jackson, Texas; Sherman, Texas; Wylie, Texas; Manassas, Va.; and Virginia Beach.

     

  • Aaron's plans 125 stores and 750 retail jobs for 2013

    Atlanta -- Rental chain Aaron's announced at its 2013 National Managers Meeting in Nashville that the company plans to open 125 stores in 2013 and hire 750 new employees.

    Aarons added 950 new jobs across the U.S. and Canada last year.

  • Dunkin' Donuts to open seven restaurants in northern Utah

    Canton, Mass. -- Dunkin' Donuts said Monday it has signed a multi-unit store development agreement with existing franchisee Sizzling Donuts to open seven new restaurants in northern Utah.

    The first restaurant is slated to open in 2013, with the remainder by 2020.

  • Burger 21 continues expansion in Florida

    Tampa, Fla. -- Burger chain Burger 21 – founded by the owners of The Melting Pot® Restaurants – announced the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers - Naples corridor, Fort Lauderdale, Coral Springs, Davie and Pembroke Pines.

    To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.

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