Tuesday, July 15, 2025
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Wayfair
Company newsDevelopmentLeasingNew YorkNews

Wayfair to Open 114,000-Square-Foot Store in Metro New York

by Abby Cox

Yonkers, N.Y. — Online retailer Wayfair will open a 114,000-square-foot store in the New York City suburb of Yonkers. Located within Ridge Hill, a 1.3 million-square-foot mixed-use development, the Yonkers store marks Wayfair’s third large-format location, which is scheduled to open in early 2027. Wayfair’s first physical retail store opened in May 2024 in Wilmette, Illinois, while its second location in Atlanta will open in 2026. Adam Schwegman and Morgan Liesenfelt of Jamestown led lease negotiations in the transaction. A joint venture between Jamestown, Nuveen Real Estate and Taconic Partners …

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Goodyear Civic Square
ArizonaCompany newsLeasingNews

Red Development, Globe Corp. Welcomes Three New Tenants to Goodyear Civic Square

by Abby Cox

Goodyear, Ariz. — A partnership between Red Development and Globe Corp. has signed three new tenants to Goodyear Civic Square (GSQ), its 150-acre mixed-use development located in the Phoenix suburb of Goodyear. Trader Joe’s will open a 13,500-square-foot store — the first in Goodyear — while Black Rock Coffee Bar will open a 1,460-square-foot drive-thru coffee shop. Additionally, Firebirds Wood Fired Grill will open a 5,658-square-foot standalone building that also houses a 700-square-foot outdoor patio. All new tenants are scheduled to open in 2026. The first phase of GSQ features …

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Skechers-Manhattan-Beach-Flagship-Store
CaliforniaCompany newsNew YorkNews

3G Capital Agrees to Acquire Skechers for $9.4 Billion, Take Company Private

by Abby Cox

Manhattan Beach, Calif. and New York City — Global investment firm 3G Capital has entered into an agreement to acquire footwear brand and retailer Skechers USA Inc. The sales price is $9.4 billion, according to The Wall Street Journal. Upon completion of the transaction, Skechers will become a privately held company. New York City-based private equity firm 3G will pay $63 per share in cash, representing a premium of 30 percent to Skechers’ 15-day, volume-weighted average stock price. The transaction also includes the option for existing shareholders of Skechers to instead receive $57 …

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Smalls Sliders
Company newsDevelopmentNewsRestaurantsTexas

Smalls Sliders Signs Five-Unit Franchise Agreement in Texas

by Abby Cox

Atlanta — Cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open five new units in Texas. St. Louis-based entrepreneur Brett Stewart will own and operate the restaurants, which are dubbed “Cans.” The newest locations in the state will include Killeen, Temple and Waco. Stewart will now own and operate a total of 11 units in Texas after signing an initial deal for six units with Smalls Sliders in August 2024. Founded in 2019, Smalls Sliders has a portfolio of more than 350 restaurants currently open or under development.

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Company newsFinanceNewsPennsylvania

Rite Aid Files for Chapter 11 Bankruptcy, Company to Explore Acquisition Opportunities

by Abby Cox

Camp Hill, Pa. — Rite Aid has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey, marking the second time in 24 months that the Pennsylvania-based convenience and drugstore chain has filed for voluntary bankruptcy protection. The previous filing in October 2023 preceded the closure of hundreds of stores across the country. The company is currently exploring opportunities to be acquired by outside entities. The company did not explicitly state how many of its stores would be immediately impacted but noted that it would …

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Bobs Discount Furniture
Company newsConnecticutDevelopmentNews

Bob’s Discount Furniture to Open 20 New Stores in 2025

by Abby Cox

Manchester, Conn. — Bob’s Discount Furniture has announced plans to open 20 new stores in 2025. Among the 20 stores, six will be located in North Carolina, marking the brand’s entry into the Southeast. Bob’s will also open its first location in Vermont. The brand’s 2025 expansion began in February, which included new store openings in Burnsville, Minnesota; Winchester, Virginia; Reno, Nevada; and Davenport, Iowa. Summer and fall openings will comprise locations in Queens, New York; Eatontown, New Jersey; Eaton, Pennsylvania; Williston, Vermont; Troy, Michigan; Dorchester, Massachusetts; Sacramento, California; and …

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Woof Gang Bakery & Grooming
Company newsDevelopmentNewsWisconsin

Woof Gang Bakery & Grooming Opens First Store in Wisconsin

by Abby Cox

Brookfield, Wis. — Woof Gang Bakery & Grooming has opened its first store in Wisconsin, which marks the brand’s entry into its 27th state. The company has more than 70 store openings planned for 2025, including locations in Maryland, Massachusetts, Missouri, North Dakota, Oregon, Utah and Washington. In 2024, Woof Gang Bakery & Grooming opened 50 stores in 10 new states and Canada. Founded in 2007, Orlando, Florida-based Woof Gang Bakery & Grooming has more than 450 locations open or in development.

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Jack in the Box
CaliforniaCompany newsNews

Jack in the Box to Close Up to 200 Stores, Company to Explore Sale of Del Taco

by Abby Cox

San Diego — Jack in the Box Inc. has announced plans to improve its long-term financial performance across its restaurant system, which includes the closure of 150 to 200 underperforming Jack in the Box restaurants, as well as possible alternatives for its Del Taco brand, which it acquired in March 2022. Jack in the Box will implement a block closure program, which will comprise of approximately 80 to 120 restaurant closures between now and December 31, with the remaining underperforming restaurants closing thereafter, based upon franchise agreement termination dates. San …

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Chicken N Pickle
Company newsDevelopmentEntertainmentNewsRestaurantsTexas

Chicken N Pickle to Open Fifth Texas Venue

by Abby Cox

Allen, Texas — Indoor-outdoor entertainment and dining concept Chicken N Pickle will open its third venue in the Dallas-Fort Worth area and its fifth overall in Texas this month. Situated at The Farm, a mixed-use development located in Allen, Chicken N Pickle Allen totals 55,000 square feet across two levels, with dining areas, a sports bar, beer garden, cornhole, six indoor pickleball courts, two outdoor pickleball courts, as well as additional yard games. The venue also offers “all abilities” programming and sports wheelchairs. Chicken N Pickle Allen will open May 13. …

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Jeanette-Oliver-Levin-Management
Company newsNew JerseyNews

Levin Management Corporation Appoints Jeanette Oliver Chief Financial Officer

by Abby Cox

North Plainfield, N.J. — Levin Management Corp. (LMC) has appointed Jeanette Oliver, an industry veteran with more than 25 years of experience in the real estate and development industries, to the role of chief financial officer. Oliver previously served as chief accounting officer at Silverstein Properties Inc. and as an accounting director at Forest City Ratner Cos. In her new role, Oliver will be responsible for LMC’s finance, accounting, budgeting, credit, cash management and lease administration functions.

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