Weekly Perl: A Commercial Real Estate News Recap


NRF: Retail sales fall in January, but show strong year-over-year gains
Consumers pulled back on spending in January after a stronger-than-expected holiday season.

Report: Dave’s Hot Chicken Explores Sale
Dave’s Hot Chicken is reportedly exploring a sale that would value it at around $1 billion, according to Reuters.

Businesses unharmed by Palisades fire flames are getting burned by ongoing economic troubles
The Palisades Fire didn’t make it to Santa Monica but while the city was spared any physical damage, the repercussions from the blaze have become an ongoing disaster for local businesses.

The most-visited quick-serve chains by region are...
New foot traffic data shows that America’s most popular fast-food chains aren’t necessarily the ones with the most locations.

Two Spinoffs For Fat Brands
Beverly Hills-based Fat Brands hopes spinning off two of its restaurant brands – Twin Peaks and Smokey Bones Bar & Fire Grill – into public companies will help with its debt.

Are B malls having a moment?
Companies like Simon Property Group and Walmart are throwing money at shopping centers with empty stores, weak traffic and falling sales.

Quiksilver, Billabong, Volcom To Close All U.S. Stores After Bankruptcy Filing
More than 100 stores under the Quiksilver, Billabong and Volcom brands are set to shut their doors across the U.S.

Southeastern Grocers’ CEO, C&S Wholesale Grocers buy Winn-Dixie from Aldi
A group of private investors is buying Southeastern Grocers, which includes the Winn-Dixie and Harveys Supermarkets banners.

This Struggling Burger Chain is Making a Major Comeback as Sales Surge
Things are looking up for fast-casual chain Red Robin, after positive Q4 results showed a 3.4% growth for the company which was in serious decline last year.

Captain D's plots expansion in two states
Captain D’s is planning to expand its presence on the East Coast and in the South.

