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Thompson Thrift to develop shopping center in Naperville, Illinois

Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...

Papa John’s signs deal to open 49 new stores in Philadelphia...

Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...

IKEA’s shopping malls arm buys retail property in San Francisco

Swedish home furnishings retailer IKEA’s shopping malls arm, Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has...

July increase in retail sales continues recovery from coronavirus pandemic

Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to...

7‑Eleven to acquire convenience store chain for $21bn

7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...

California Pizza Kitchen files for voluntary Chapter 11 restructuring

Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success California Pizza Kitchen...

CBRE: New York City retail sector adapt to new reality

New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...

June retail sales increase but recovery remains uncertain amid coronavirus resurgence,...

Retail sales rose in June, seeing both a monthly increase and their first year-over-year gain since the beginning of the year as more retailers...

ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance...

As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants, ICSC applauds...

Lowe forms retail property redevelopment platform

Los Angeles-based Lowe, formerly known as Lowe Enterprises, the national real estate company, has formed a new platform, ''Retail reVision,'' to the assessment and...
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