Weekly Perl: A Commercial Real Estate News Recap
H&M set to leave the Third Street Promenade
Posts have appeared on the social media platform Nextdoor showing a sign placed on the windows of the popular high street clothing store, H&M, stating that it's closing on Saturday January 11 and the Daily Press can confirm that this is indeed correct.
Albertsons ‘more reactive than proactive’ in future buyer search
Albertsons Companies posted strong earnings in its third-quarter financial report Wednesday, beating analyst earnings expectations and announcing plans to cut spending by $1.5 billion over the next three years.
Legendary Italian sandwich shop, All’antico Vinaio, coming to downtown
All’antico Vinaio, a rapidly growing chain of sandwich shops that originated in Italy in 1991, is preparing to open a new location at 316 Santa Monica Blvd, formally the site of Trejo's Tacos.
US retail sales rose 3.8% this holiday season
Consumers were motivated by deals with last minute purchases accounting for 10% of all holiday spending, per Mastercard.
Neighborhood Shopping Centers: A National Retail Revival
Neighborhood shopping centers are regaining investor interest, thanks to rising occupancy rates and a limited supply.
Done Deal: Big Lots closes sale to Gordon Brothers Retail Partners
Big Lots has completed a deal that will save up to 400 of its approximate 950 stores from going out of business.
BurgerFi acquired by Savvy Sliders
A fast-growing Michigan-based restaurant chain has made a new acquisition.
Why 2025 Promises Even Bigger Things for Dutch Bros
A technology unlock has set the stage for growth on multiple fronts.
IKEA Opens Small Format Store in Arcadia
IKEA has just opened its first ever small-format store in the Los Angeles market, an 11,000-square-foot retail shop in Arcadia.
