Category Archives: Retail

Private Equity Firm Sycamore Partners Raises Offer for Talbots

Posted on May 8, 2012 by

HINGHAM, Mass. — Talbots said it has received a raised takeover offer of $214.6 million from private equity firm Sycamore Partners. The company also said it entered an exclusivity agreement with Sycamore, which will end on May 15. Talbots said … Continue reading →

Posted in CRE News, Retail | Tagged , , , , , , | Leave a comment

Barneys New York Under New Ownership

Posted on May 8, 2012 by

Barneys New York Reaches Agreement To Reduce Debt By More Than $500 Million Significantly Increases Financial Flexibility to Accelerate Investment in the Business Across All ChannelsBenefits Customers, Vendors and Employees NEW YORK, May 7, 2012 /PRNewswire/ — Barneys New York … Continue reading →

Posted in CRE News, Retail | Tagged , , , , , , , , , | Leave a comment

Zoës Kitchen plans four new stores in Atlanta

Posted on May 2, 2012 by

By Amy Wenk A chain of Mediterranean-style restaurants looks to expand in metro Atlanta this year. Fast-casual concept Zoës Kitchen should open four new locations in 2012, according to an announcement. The Birmingham, Ala.-based restaurant group currently has three locations … Continue reading →

Posted in Atlanta, CRE News, Retail | Tagged , , , , , , , | Leave a comment

Betsey Johnson Declares Bankruptcy

Posted on April 27, 2012 by

By Hannah Elliott Betsey Johnson LLC has filed for bankruptcy protection. The filing will likely result in the dismissal of 350 employees and the closure of most of the brand’s 63 stores. It listed “severe liquidity problems” and $4.1 million … Continue reading →

Posted in Retail | Tagged , , , , , | Leave a comment

H&M opening sixth metro store at Arbor Place Mall

Posted on April 25, 2012 by

By Jacques Couret Discount Euro clothing retailer H&M will open its sixth metro Atlanta location at Arbor Place Mall in Douglasville. The 10,000-square-foot store will open on the upper level of the mall this winter. H&M has metro Atlanta locations … Continue reading →

Posted in Atlanta, Retail | Tagged , , , , , , , , , , | Leave a comment

Talbots to Close 110 Stores

Posted on April 18, 2012 by

Hingham, Mass.-based The Talbots Inc. expects to close approximately 110 locations and focus on store re-maging through fiscal 2013. In fiscal 2011, the company refreshed and reimaged approximately 70 locations, including consolidations and downsizings. The company also closed 82 locations, … Continue reading →

Posted in Retail | Tagged , , , , , , , , , | Leave a comment

Best Buy to close two metro Atlanta stores

Posted on April 16, 2012 by

Atlanta Business Chronicle by Carla Caldwell, Morning Call Editor Best Buy confirmed Saturday a list of 42 stores that will close by the end of 2012, including two stores in Georgia. The area stores that will close are at 128 … Continue reading →

Posted in Retail | Tagged , , , , , , , , | Leave a comment

Wal-Mart Delays Store Openings in Washington, D.C.

Posted on April 12, 2012 by

Bentonville, Ark.-based Wal-Mart Stores Inc. has postponed its previously announced store openings in Washington, D.C., according to The Washington Post. Initially, six stores were slated to open by the end of 2012. Now, the company does not plan to open … Continue reading →

Posted in Retail | Tagged , , , , , , | Leave a comment

Mattress Firm to Acquire 180 Mattress Giant Stores in Florida, Texas

Posted on April 11, 2012 by

Larry Thomas — Furniture Today, April 10, 2012 HOUSTON — Bedding retailer Mattress Firm announced Tuesday it has agreed buy all the remaining equity interests of Mattress Giant in a deal valued at approximately $47 million. Mattress Firm, which bought … Continue reading →

Posted in Retail | Tagged , , , , , , , | Leave a comment

Pier 1 Imports Announces Growth Plan

Posted on April 10, 2012 by

Fort Worth, Texas-based Pier 1 Imports Inc. will launch a three-year growth plan in fiscal 2013. The new plan will include store refurbishments, remodels, new openings and strategic relocations. In fiscal 2012, the company refurbished 125 stores and fully remodeled … Continue reading →

Posted in Retail | Tagged , , , , , , , , | Leave a comment