Weekly Perl: A Commercial Real Estate News Recap
Trump's Tariffs Temporarily Cleared By Appeals Court Hours After Judges Rule Them Illegal
President Donald Trump’s ability to unilaterally impose sweeping tariffs was restored Thursday, less than 24 hours after a judge said they had no legal justification...
Rite Aid announces even more store closures: See the full list
Rite Aid has filed to close a third batch of stores as the company moves through its second
bankruptcy...
CRE Uncertainty Slows Investor Activity
CRE uncertainty drives investors to pause in Q1 2025, with apartments emerging as the top safe-haven asset class...
Walmart CEO: ‘Higher tariffs will result in higher prices’
Walmart reported Q1 revenue grew 2.5% year over year to $165.6 billion, while operating income increased 4.3% to $7.1 billion, the company said on Thursday...
McDonald’s to shut down its spin-off CosMc’s concept
McDonald’s is closing all locations of its small-format, beverage-focused restaurant concept. The quick-serve giant unveiled CosMc’s, which has four locations in Texas and one in Illinois, in late 2023...
BJ’s Wholesale Club expands Fresh 2.0, delivers strong Q1 results
Fresh foods have been a key growth driver for BJ’s Wholesale Club, and the warehouse retailer said Thursday it is expanding its strategy...
Jack in the Box eyeing expansion in the Columbus area
Jack in the Box, an iconic West Coast burger chain that serves breakfast all day, includes eggrolls on its menu and actually sells more tacos than hamburgers, has its eyes on central Ohio for expansion...
Dollar Stores Fight for Relevance Amid Stiffer Competition, Tariffs
On June 1, 1955, in Springfield, Ky., J.L. Turner and his son Cal Turner came up with a simple concept for a retail store: No item could cost more than $1. Their store, Dollar General, spread to other locations, and the idea of a Dollar Store was born...
