Warrendale, Pa. — Teen clothing retailer rue21 is set to close about one-third of its stores nationwide as it shifts its focus to e-commerce.
Topeka, Kan. — Topeka-based Payless ShoeSource has tapped RCS Real Estate Advisors to market 425 store leases in conjunction with the company’s Chapter 11 filing.
Topeka, Kan. — Payless ShoeSource has filed for Chapter 11 bankruptcy and announced plans to immediately close nearly 400 underperforming stores.
Grand Rapids, Mich. — A&G Realty Partners has been tapped to manage the sale of 58 MC Sports leases in seven states across the Midwest following the Grand Rapids-based retailer’s Chapter 11 bankruptcy filing on February 14.
St. Paul, Minn. — Gander Mountain Co. and its subsidiaries have filed for Chapter 11 bankruptcy protection.
Fargo, N.D. — Vanity Shop of Grand Forks Inc. is closing all 137 of its Vanity stores in 27 states.
Atlanta — Restaurant Brands International Inc. (RBI) (NYSE: QSR) has agreed to acquire Atlanta-based Popeyes Louisiana Kitchen Inc. (NASDAQ: PLKI) for $1.8 billion.
Chattanooga, Tenn. — Chattanooga-based CBL & Associates Properties Inc. has promoted Katie Reinsmidt to the position of CIO.
Oak Brook, Ill. — Samantha Spinell Schnell has joined IRC Retail Centers as director of leasing.
Columbus, Ohio — Limited Stores LLC, parent company of women’s fashion apparel retailer The Limited, has filed for Chapter 11 bankruptcy protection.