Weekly Perl: A Commercial Real Estate News Recap
Fed Holds Rates Flat As Tariffs, Uncertainty Make Their Mark
Federal Reserve officials held the central bank’s benchmark interest rate flat Wednesday, indicating that they plan to wait for President Donald Trump's early trade moves to percolate through the economy before they act.
What 25 retail leaders are saying about tariffs
From price increase warnings to confidence that vendor relationships will help ride out the storm, here’s how the retail C-suite plans to weather tariffs.
Discount Retailers See Strong Momentum Heading Into 2025
Discount retailers saw steady foot traffic growth in 2024, benefiting from aggressive expansion and increased consumer demand.
H-E-B announces another store planned for North Texas
H-E-B’s rapidly growing North Texas footprint is about to get a little bit bigger with the announcement that the San Antonio-based grocer plans to open its first store in Denton.
Ollie’s ramps up store growth to capitalize on recent store closings; Q4 sales rise
Ollie's Bargain Outlet Holdings is broadening its footprint by buying bankrupt leases.
Mall mainstay Forever 21 slated to close all 350 stores in second bankruptcy
Fast-fashion pioneer Forever 21's shutdown of its roughly 350 stores will bring U.S. retail closings to over 4,000 so far this year, more than half the number for all 2024, as chains are impacted by foreign competitors such as Shein and Temu.
This burger chain is tapping second-generation restaurant space for Los Angeles expansion
A growing Los Angeles cheeseburger chain is targeting the region's inventory of second-generation restaurant spaces for expansion with a goal of opening drive-thrus in underserved, lower-income neighborhoods.
Joann liquidation provides retailers with fresh batch of available store spaces
After failing to secure a buyer amid its second journey through bankruptcy court in less than a year, Joann Fabrics is winding down operations after more than 80 years in business. The craft chain's liquidation will bring approximately 18.5 million square feet of store space spread across 800 locations will be brought to market.
Watch retailer Fossil to close 50 stores, cut corporate staff
Fossil, the global watch-and-accessory retailer, is closing roughly 50 stores and cutting its corporate workforce as part of a turnaround plan.
Dollar General hits $40B in fiscal year net sales for first time ever
For the first time in company history, Dollar General hit $40 billion in a fiscal year. The discount retailer’s fourth quarter wasn’t bad either, with $10.3 billion in net sales for a year-over-year gain of 4.5%.
