David’s Cookies takes new $25 million New Jersey plant out of the oven
Baked goods manufacturer expands its Garden State industrial footprint
David's Cookies made its name whipping up mouth-watering chocolate chunk delights starting in the late 1970s. The company has expanded far beyond that, in terms of baked goods and ...
Heart disease survivor Alexander Chudnoff, JLL lead charge for American Heart Association
Broker to be honored at American Heart Association's annual Heart of New York City Gala
It's hard to keep Alexander Chudnoff down, physically or mentally.
Plus-sized apparel seller Torrid adds to this year’s surge of store closings
Retailer accelerates fleet-optimization effort to 180 locations going dark
Plus-sized apparel seller Torrid plans to slash its fleet and close roughly 180 stores, as the list of brick-and-mortar retail locations that will be shuttered this year grows.
Walmart drone deliveries to take off in five more cities
Discounter launches expanded service at 100 stores
Discount juggernaut Walmart is essentially turning 100 of its stores into launch pads for its expanded drone delivery service that's set to be available in five new cities.
Global giant Unilever debuts a post-pandemic US headquarters
New Jersey hub aims to accommodate hybrid work, attract talent and foster collaboration
Global consumer products giant Unilever has cooked up a new U.S. headquarters for the post-pandemic world, settling in a lively Hudson River waterfront city with quick access to Ma...
New Big Lots owner eyes buying more leases after reopening 200 stores
Variety Wholesalers says revived locations are performing well
Big Lots' new owner is weighing buying more of the chain's store leases after finishing up reopening just over 200 of its brick-and-mortar locations.
Advance, Greek obtain $300 million in financing for second stage of North Jersey industrial park
Large logistics center smack dab in the Garden State’s port region
Advance Realty Investors and Greek Real Estate Partners have obtained $300 million in financing for Phase II of Linden Logistics Center, adding 1.6 million square feet to that indu...
US retailers move ahead with expansion plans
Despite economic uncertainty, some chains are still opening stores
Retailers so far appear to be forging ahead with their roll-outs of new stores, even after telling investors how potential tariffs and spending-weary consumers may end up dinging t...
Lincoln Equities buys Jersey Shore apartment complex for $113 million
Company plans to convert property into condominiums
Lincoln Equities Group has acquired a multifamily rental complex at the Jersey Shore for $113 million after obtaining $121.5 million in equity and debt financing for the purchase. ...
Macy’s pares back profit outlook as it pursues store-closing strategy
Retailer is still executing its turnaround plan
Macy's has cut back its profit forecast for the year, citing the impact of tariffs and worries about consumer spending, amid its turnaround plan to close another roughly 90 stores.
Jewelry entrepreneur Kendra Scott says brick-and-mortar push propelled brand
Her chain's 152-store fleet will get bigger this year, she says
Jewelry designer Kendra Scott launched her company with $500 in 2002 by going door to door, with her newborn son in tow, to find local boutiques that would carry her jewelry line. ...
McDonald’s pulls plug on experimental CosMc’s spinoff
Burger chain to keep selling drinks inspired by concept
It's the end of the road for CosMc's, the beverage-focused restaurant concept that fast-food giant McDonald's tested.
Spirit Halloween, plagued by supply chain woes, nixes annual kickoff event
Retailer still plans to open about 1,500 stores this season
Shoppers from across the country and even around the world usually flock to New Jersey to attend the annual grand opening of the season's first Spirit Halloween store. But not this...
Global healthcare giant Sanofi debuts $130 million US flagship office
Relocation within New Jersey aims to foster collaboration
Global healthcare company Sanofi has solidified its U.S. presence with the official debut of its $130 million flagship office facility in North Jersey, joining financial services f...
US retail’s biggest conference shows dealmaking can supersede economic turmoil
Tenants, landlords at ICSC say macro environment hasn't stopped deals
The last day of the nation's biggest retail real estate conference is usually pretty quiet. But this year, landlord Brixmor Property Group's booth was bustling until the very last ...
From doggy day care to ethnic grocers, a wave of fresh retailers expands
Legacy tenants get replaced by businesses related to shifting consumer priorities
Legacy chains such as Bed Bath & Beyond, Conn's HomePlus, Party City and Forever 21 have come and gone. But others — updated versions of existing concepts or totally new ideas — ar...
What retail paralysis? Signs point to real estate deals this week in Las Vegas.
Tenants, landlords and investors look to seize moment at annual ICSC conference.
The U.S. retail industry is no stranger to hard times. In recent memory, it's weathered the Great Recession, the pandemic, a surge in bankruptcies and store closings, skyrocketing ...
CVS to acquire 64 Rite Aid stores in Pacific Northwest as chain winds down
Bankrupt drugstore operator will close another 1,000 locations nationwide
Bankrupt Rite Aid is selling 64 stores in the Pacific Northwest to its drugstore chain rival CVS Pharmacy, while shuttering the remaining 1,000 retail locations in its fleet as par...
Dick’s Sporting Goods goes global with $2.4 billion Foot Locker purchase
Deal expected to create synergies, increase clout and attract ‘sneakerheads’
Dick's Sporting Goods has struck a deal to buy Foot Locker, a "sneakerhead" favorite, for $2.4 billion that's expected to give the major domestic sports specialty retailer a global...
Netflix breaks ground, starts demolition work for $1 billion New Jersey studio hub
Film-and-TV production facility is one of several planned for Garden State
Streaming giant Netflix has broken ground on the $1 billion Garden State studio facility it plans to use as its East Coast movie-and-TV production hub. one of several filming cente...