The Secrets to Small-Format Retail's Success
Start with a low supply of new space, and then add in labor costs plus a desire to be in certain locales.
Source: commercialobserver.com
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Health-club chain Fitness International signs lease in FiDi
The club will provide “next-level” amenities and boutique fitness classes together in a single, state-of-the-art facility -- including steam rooms, cryotherapy, infrared saunas, personal training and a retail store. It will replace what was previously the Zeytuna food market.
Source: nypost.com
New York City's Retail Realities Feed Suburban Trends – Commercial Observer
A suburban storefront in the tri-state area is the perfect opportunity to capitalize on where remote workers have set up camp in a market.
Source: commercialobserver.com
Rite Aid's Empty Storefronts: What Will Fill Them? – Commercial Observer
The national drugstore chain went officially bankrupt this October, with hundreds of closures likely.
Source: commercialobserver.com
Bed Bath & Begone: Why Rivals Bid Big for Bankrupt Vendor's Leases – Commercial Observer
Bed Bath & Beyond sold 109 of its leases, with Burlington Coat Factory set to take over the most, in a June 26 auction.
Source: commercialobserver.com