News | Retail

August 20, 2025 | 9:41 p.m.
Lowe’s targets building professionals with $8.8 billion acquisition
Home improvement chain Lowe’s Cos. is making an $8.8 billion acquisition that intensifies its competition with Home Depot to attract professional builders as customers.
August 20, 2025 | 7:34 p.m.
CoStar World News for Aug. 21
August 20, 2025 | 5:54 p.m.
Claire’s finds buyer for almost 1,000 stores, avoids liquidation
Tween retailer Claire’s has lined up a buyer for up to nearly 1,000 of its stores, keeping the mall staple alive under the new ownership and avoiding liquidation of the chain.
August 18, 2025 | 4:36 p.m.
Frey acquires three premium outlets in Italy from Blackstone for €410 million
Frey has taken another major step in its European expansion. The group headed by Antoine Frey, which has already made a name for itself this year with the acquisition of Designer Outlet Berlin for €230 million, has acquired three premium outlets in Italy from funds managed by Blackstone, for €410 million.
August 18, 2025 | 3:48 p.m.
Mufflerman car repair company restructures ownership, plans expansion
A well-known player in Ontario’s automotive service market plans to expand after completing an ownership restructuring and rebranding.
August 13, 2025 | 11:41 p.m.
CoStar World News for Aug. 14
August 13, 2025 | 10:26 p.m.
Canadian giant Gildan to buy HanesBrands for $2.2 billion
Canada’s Gildan Activewear, one of the world’s largest makers of basic apparel, is buying HanesBrands for $2.2 billion in a move to create a clothing powerhouse with more than 40 manufacturing sites worldwide.
August 13, 2025 | 7:20 p.m.
Online car seller reopens Vancouver-area facility after hitting brakes on expansion
Online car retailer Clutch has reopened its first location on Canada's West Coast, two years after the company's venture funding dried up, forcing it to close facilities and lay off employees.
August 13, 2025 | 4:20 p.m.
Property deal enables Canada's largest documentary film festival to continue
A cultural hotspot in downtown Toronto that has shown films since 1913 will persevere in its mission of airing documentaries after an anonymous investor purchased the Hot Doc Cinema building.
August 13, 2025 | 1:40 p.m.
Claire's UK and Ireland prepares to file for administration
Claire's Accessories UK, the under-pressure operator of 280 stores across the United Kingdom and the Republic of Ireland, has filed a notice of intention to appoint administrators.
August 12, 2025 | 8:12 p.m.
Chicago’s Magnificent Mile levels up with two game-based entertainment concepts
Two entertainment concepts are coming to the Magnificent Mile in the latest signs of a comeback on Chicago’s best-known retail corridor.
August 11, 2025 | 4:10 p.m.
Emerging 'wellness quarter' could have a restorative effect on Toronto's office market
There's a concept known as Hotelling’s Law in economics, which, despite the name, has no connection to the hospitality industry.
August 11, 2025 | 2:00 a.m.
What's the reality behind large-scale retail transactions?
There are the so-called XXL transactions. And the others... In other words, as Benjamin Sebban, currently Director of Retail Investment at CBRE France, explained earlier: "The H1 figures lack granularity. They are artificially high due to the Kering and Forum des Halles deals in Q1, and the acquisition by Mercialys of the Saint-Genis 2 shopping center in Q2." A total of €1.7 billion was invested in this segment between January1 and June 30 (+60%), but only €416 million in Q2.
August 10, 2025 | 11:46 p.m.
Wave of stadium leases set to expire, spurring teams to threaten relocation
For the San Antonio Spurs, the Frost Bank Center, at least on paper, would appear to be a great home for the team. The Spurs have won four NBA titles in 22 years there, routinely selling out games with power players including Tim Duncan, Kawhi Leonard and Victor Wembanyama.
August 8, 2025 | 8:26 a.m.
Foreign investment takes bigger share of UK, French and German real estate but less in US
Investment across the UK, French and German commercial real estate markets has followed a similar pattern this year, with stubbornly flat figures boosted by increased interest from foreign investors. That pattern contrasts sharply with the US where inward foreign investment has fallen away.
August 7, 2025 | 7:41 p.m.
Shake Shack to triple its Canadian store count
Shake Shack, a New York-based chain of fast-food outlets that's grown since opening the first of three Toronto restaurants in June 2024, plans to will triple its Canadian operations with six more area outlets to open by the middle of next year.
August 7, 2025 | 7:20 p.m.
Downtown office markets grapple with further signs of falling foot traffic
Canada’s population increased roughly 10% over the past five years, but foot traffic in its biggest downtown areas show signs of dropping in that time.
August 6, 2025 | 11:48 p.m.
CoStar World News for Aug. 7
August 6, 2025 | 10:33 p.m.
Claire’s identifies over 1,100 stores to potentially close in bankruptcy
Tween retailer Claire's has identified over 1,100 U.S. stores for possible closing and warned it may be forced to liquidate after seeking bankruptcy protection a second time. It's yet another chain failing in its attempt to make a comeback after a prior Chapter 11 filing.
August 6, 2025 | 8:00 p.m.
Jimmy John’s kicks off multi-store expansion in Winnipeg
Winnipeg-based White Spruce Partners has partnered with Montreal-based restaurant franchisor Foodtastic to bring the first Jimmy John’s franchise to Manitoba. The first of several planned locations in Western Canada, the new franchise location is set to open at 1740 Pembina Highway and will also feature a drive-thru, the first for Jimmy John’s restaurants in Canada.

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