New Claire’s owner to attempt rebound with smaller store fleet
Nearly 1,000 of retailer’s locations are staying open
Claire’s, a decades-old mecca for female tweens and teens getting their ears pierced and buying inexpensive jewelry, is looking to mount a comeback under new ownership.
Jersey City waterfront apartment tower is up for sale
CBRE to market high-rise on Hudson River
A newly completed luxury apartment high-rise on the Hudson River waterfront is on the block.
Theatrical sewing company renews North Jersey lease amid industrial slowdown
Rose Brand to keep HQ, manufacturing at Hartz-owned property in Secaucus
One of North America’s largest theatrical custom-sewing operations has extended the lease for its headquarters and manufacturing facility as industrial demand softens in New Jersey...
Bed Bath & Beyond’s brick-and-mortar comeback gets a boost
Kirkland’s Home stores to be transformed into locations of once-defunct chain
Bed Bath & Beyond's rebirth is on a fast track.
Petco thins its fleet with 25 store closings planned this year
Pet-supply chain saw its sales dip in the second quarter
Petco is set to close 25 stores this year, on top of the 25 it shuttered last year, as it becomes the latest retailer to trim its store fleet.
Tanger buys Kansas outlet center for $130 million
New landlord plans to rebrand the open-air shopping complex
Tanger is adding to its portfolio with another retail outlet center, expanding its footprint into Kansas by acquiring an open-air property there for roughly $130 million.
Upscale jeweler Bulgari comes back to Atlanta
Chain has opened across from its former mall location
Italian luxury jeweler Bulgari has returned to Atlanta.
Phoenix draws another megaproject as Vestar unveils $1 billion Legacy Park
Mixed-use development follows a string of retail centers rising across the Valley
New retail development across the United States is in the midst of a dramatic slowdown, but fast-growing Phoenix continues to see activity with a multibillion-dollar project about ...
Fast-fashion retailer Primark builds out US footprint
International chain, with American sales soaring, looks to open in Mall of America, Florida, Georgia, New York City
Global fast-fashion retailer Primark has inked leases for four new stores as part of its U.S. rollout, even as its parent company warned of uncertainty regarding consumer spending.
‘Eatertainment’ venue Pinstripes shuts 10 locations as it files for Chapter 11
Troubled chain has stalking-horse bidder for some assets
Pinstripes — a restaurant-and-entertainment chain offering dining, bowling and bocce — has closed more than half its locations and filed for bankruptcy, citing inflationary pressur...
Sandwich chain Potbelly looks to fuel expansion with new owner RaceTrac
Firms agree to $566 million merger deal to expand the eatery from 445 to 2,000 shops
Potbelly is getting bought by convenience store operator RaceTrac in a roughly $566 million deal as the sandwich shop chain looks to accelerate its growth from 445 to 2,000 locatio...
CBL Properties gets into North Carolina hospitality business
REIT opens hotel at one of its retail centers in diversification effort
CBL Properties is now an innkeeper.
Pair of Jersey City waterfront towers get $340 million in refinancing
Ironstate, Panepinto own the multifamily high-rises containing nearly 1,000 apartments in New Jersey
Ironstate Development Co. and Panepinto Properties have secured a $340 million refinancing for two multifamily high-rises on the Hudson River waterfront in New Jersey.
Retailers expand stores for expected luxury boom
But tariffs, tourism declines form storm clouds ahead, according to JLL
Luxury retailers are still expanding their brick-and-mortar footprints in the United States despite headwinds from the economy and tariffs.
CrownPoint, Crossroads start 2nd multifamily project
Joint venture begins new 125-unit development in Randolph, New Jersey
CrownPoint Group and Crossroads Cos. have broken ground on a luxury townhouse development in Morris County, New Jersey, in their second collaboration.
Noodles & Company may be ready to serve itself up in a sale
Colorado-based chain expects to close up to 32 restaurants this year
Noodles & Company, slated to close several dozen restaurants this year, has kicked off a strategic review that includes possibly selling all or part of its business.
Freddy’s Frozen Custard sold in latest private equity deal for a fast-casual restaurant chain
New owner Rhône plans to fuel expansion
Yet another fast-casual restaurant chain is being gobbled up by a private equity firm that plans to expand it into new markets.
Old Navy to sail into new territory: beauty
Gap-owned apparel chain pursues expansion with in-store shops
Old Navy will soon be making room at its stores to sell beauty products.
New Jersey approves $143 million in tax credits for two apartment projects
EDA incentives to benefit developments in Jersey City, Atlantic City
The New Jersey Economic Development Authority has awarded roughly $143 million in tax incentives to a planned multifamily development in Jersey City and the rehabilitation of an ex...
More retailers seek Chapter 11 redo — but few survive
The tactic has a nickname, ‘Chapter 22,’ though little success
Bankruptcies aren’t turning out better the second time around for many retailers.