Weekly Perl: A Commercial Real Estate News Recap


How Target made grocery a $24B business
The retailer shares how assortment, e-commerce and labor changes have helped it grow food and beverage sales by more than $8 billion since 2019.

Smalls Sliders Slays Another Milestone with 300 Cans in Development
The burger brand has ascended in a hurry. But this is really just the beginning.

This Fitness Chain's Bankruptcy Filing Shows How Pandemic Weakened an Industry
Blink Fitness has filed for bankruptcy protection after reeling from the lingering impact of the pandemic and competing in a crowded arena that includes other low-cost chains and smaller boutique gym facilities.

Boot Barn Q1 sales rise 10.3%, raises guidance; on track to open 60 stores
Boot Barn Holdings reported an upbeat first quarter during which it exceeded the high end of its guidance across every metric.

Chinese Retailer MINISO Opening Soon on Promenade
Soon, Santa Monica shoppers will have a one-stop-shop for everything from Sanrio products, to home decor, to tableware, to snacks, to bathroom slippers, to even Disney character products.
Chinese retailer MINISO is set to open a new location at 1418 Third Street Promenade, replacing the Australian clothing retailer Cotton On which formerly held a West L.A. outpost at the address before recently closing.

Walgreens considers full sale of VillageMD
Walgreens Boots Alliance said it was considering selling its full stake in the VillageMD business as the retailer seeks to turn its core pharmacy operations around.

Jack in the Box Inc. Reports Third Quarter 2024 Earnings
Same-store sales decreased 2.2% in the third quarter, comprised of franchise same-store sales decline of 2.4% and company-owned same-store sales increase of 0.1%.

