Weekend Recap- July 20 Edition

Tim’s must reads:

While E-Commerce Sales Grew, DFW Added 50 Million Square Feet of Retail in 15 Years
Report: Proposed new tariffs would hurt these retailers the most
Studio Movie Grill Plans International Expansion, More Domestic Locations

Below are a few articles that I found interesting this week.

Local:

Nokia Signs Two-Building Lease at Cypress Waters
1980s-era Uptown Office To Be Renovated, Add Restaurant
Landmark Oak Cliff high-rise hits the market for sale
While Costco prepares its new store in McKinney, it hasn’t given up hope on a second Dallas site
How UT-Dallas is preparing for DART’s Cotton Belt stop
3 Local Cities Rank as Best Places for 1st-Time Homebuyers: Report
More pretty pictures of what could replace Dallas’ dead Valley View mall
All aboard: Developers are betting millions on new Fort Worth to DFW Airport commuter rail line

National:

Nike Live Shows Physical Retail Is Far From Dead
Amazon hopes to ride its sales momentum to become the top apparel retailer in the US
Coastal Buyers Seek Higher Cap Rate Returns
U.S. Retail Sales Advance for Fifth Month, May Revised Up
First Look: Casper at Nordstrom
Petco tries to ‘Amazon-proof’ its business with a new store
Icons, Artisans & Outliers: How Coal Drops Yard Is Reinventing Mall Culture

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- July 13 Edition

Tim’s must reads:

Peking, Dallas, and Chicago will be among the 10 richest cities by 2022
Oprah Winfrey is about to get into the restaurant biz with an investment in True Food Kitchen
Hobby Lobby, Burlington Expected to Move Into Empty Toys ‘R’ Us Stores
Brick-And-Mortar Retail Isn’t Dead: Just Look At Who’s Moving Into Toys ‘R’ Us’s Empty Stores
Sears And Toys R Us Emptying 1M SF In DFW, But New Anchors Push To Near-Record Q2 Retail Occupancy

Below are a few articles that I found interesting this week.

Local:

About Those Trees at Casa Linda Plaza
In Amazon’s HQ2 search, Dallas has a unique history to bring to the table
Purse Building Joins Other Efforts To Revitalize West End
New loft-style workspace and homes replace old office center near Dallas’ medical district
JPI Breaks Ground On Luxury Apartments At The Gate In Frisco
New Approach To Fitness Is Open To The Public
More apartments on the way in Frisco’s $5 billion mile
Preston Center office tower lands Eagle Materials in move from Oak Lawn
Canopy: The Latest Hotel Brand To Pitch The Dallas Experience

National:

Dunkin’ Brands new CEO modernizes iconic coffee company to stay relevant to customers who don’t want to pay more for their cup of Joe
Walmart testing c-store concept
Lidl USA: What Went Wrong And What It Can Do To Recover
Za’atar, The Tangy Middle Eastern Spice, Is Fast Becoming A Flavor Trend
First Look: Nike’s new store concept uses digital-user data to curate merchandise
A Pretty Smart Move: Home Depot Is Getting Into The Home Decor Space
The Rise Of The Five-Minute Shopping Trip
Fabletics sets aggressive store expansion
20 of the most exciting under-the-radar retail startups to watch in 2018

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- July 6 Edition

Hope everyone had a safe and fun 4th of July!! Have a great weekend.

Tim’s must reads:

The Man Who Bought Deep Ellum Reflects On Dallas’ Neighborhoods
Vacant Toys R Us, Sears stores won’t cause D-FW retail glut, new report says
Amazon will capitalize on the demise of Toys R Us by mailing millions of people a holiday toy catalog

Below are a few articles that I found interesting this week.

Local:

RED Development’s The Union Signs Two Restaurants, Two Office Tenants
As real estate gets pricey, Dallas hotel operators find a new way to serve and save
Historic Downtown Frisco Rebranded ‘The Rail District’
North Texas Engine Speeds At Full Throttle
CRE Opinion: Evolve or Die in DFW Retail
Allen’s latest ‘alluring’ development has houses starting at $410,000
New mixed-use community will bring 440 homes in Celina
416-Unit Arts District Atelier Breaks Ground

National:

WeWork debuts retail format
Amazon buys PillPack, an online pharmacy, for just under $1B
Home Depot joins Walmart, others in installing lockers in stores for online orders
Discount fashion chain in U.S. expansion
Sears adds more stores to closings list; 78 set to close in September
US malls haven’t been this empty since 2012

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- June 29 Edition

“The retailer filed for Chapter 11 bankruptcy protection in September and officially filed for liquidation in March. As a result, more than 700 Toys R Us and Babies R Us stores across the United States will be closing for good by Friday, June 29.

The store has been saddled with debt since a leveraged buyout in 2005 and struggled to keep up with competitors.

Though many Toys R Us fans were aware of this, they’re still heartbroken to see it go.”

Tim’s must reads:

Photo of Geoffrey the Giraffe leaving an empty Toys “R” Us store goes viral
Toys R Us will close all of its US stores by the end of Friday. Take a look back at what it was like in its heyday
Two underground Dallas subway stations that are all but forgotten. Curious Texas digs for answers
First Look: Casper expanding in physical retail

Below are a few articles that I found interesting this week.

Local:

Pushing The New Momentum In Downtown Dallas Development
Development Efforts Lacking In CBDs
When’s the next recession? Real estate analysts give their best guess
Hong Kong firm plans huge Frisco development with shopping mall, office towers, hotel and apartments
See how many Californians moved to Dallas in just 3 months last year FILED UNDER
Frisco decides it’s the end of the road for its ‘$5 Billion Mile’
First Look At Center For Architecture’s New Downtown Dallas Digs, New Name
West Village makeover: Gap exits, and new shops including Sephora move in
The Container Store unveils next-generation store

National:

Toys R Us will close all of its stores Friday
U.S. retail sales grew by 3.1 percent last week
Special Amazon Prime discounts will be in Whole Foods nationwide starting Wednesday
Physical stores win out over online competitors in this category
11 Things Retailers Just Said About The Future Of The Store
Former Toys R Us CEO considering a revival of the bankrupt retailer
Party City to open Toy City stores in wake of Toys R Us demise
Tech-savvy b8ta to expand footprint as Macy’s leads new funding
Kroger to bring driverless cars to grocery delivery
Fast-casual juice-bar chain continues aggressive expansion

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- June 22 Edition

“Starbucks is decaffeinating its expansion with plans to close 150 U.S. units, three times as many stores as its usual fleet-rationalization rate, reflecting slowing growth and a performance that is undeserving of shareholders, said Kevin Johnson, Starbucks president and CEO, during an Oppenheimer conference yesterday.”

As Business Stalls, Starbucks Triples Store Closure Rate With Plans To Shutter 150 U.S. Locations
Starbucks reins in expansion, ramps up store closings
Starbucks says it will close 150 stores next year
Starbucks to accelerate store closings next year

Below are a few articles that I found interesting this week.

Local:

D-FW investment property buys slowed in the first quarter
Landmark Deep Ellum hotel will fly Kimpton flag
Uptown Dallas office high-rise project will include park and restaurant buildings
DFW Economy Growing at a ‘Blistering Pace’: Federal Reserve
Help From Across The Pond: London And Dallas-Fort Worth Ink Partnership
Maple Avenue building sells for redo in Dallas’ Oak Lawn district
How a strip mall parking lot could become a park in Far North Dallas
One year and $30 million later, Dallas’ Hotel Crescent Court marries old with new
Allen Premium Outlets expansion ends with H&M opening, food truck row and stores relocating

National:

Supreme Court Widens Reach of Sales Taxes in E-Commerce
Dollar General jumps into self-checkout game
Texas Has Six Most Prosperous Cities
Retailer GameStop is in talks with buyout firms after receiving takeover interest
BJ’s Wholesale expects its IPO to price at $15 to $17 a share
Subway hires Bain to help with sales slump
Aldi, Big Lots, and Ashley pick up some Toys ‘R’ Us stores
Rent-A-Center to be acquired for $1.37 billion

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- June 15 Edition

“The Federal Reserve on Wednesday announced that it decided to raise interest rates, and it signaled plans to do so more times than expected this year.

In a two-day meeting, the Federal Open Market Committee voted to lift the target range for the federal funds rate by 25 basis points to between 1.75% and 2%. In a few hours, several banks will respond by raising their prime lending rate, the starting point of borrowing costs for nonmortgage loans like credit cards and auto loans.

This was the seventh rate hike since late 2015, when the Fed first began lifting interest rates from almost zero. It kept borrowing costs that low after the financial crisis to encourage businesses and consumers to spend and grow the economy.”

Fed raises interest rates, expects 2 more hikes this year
Fed Raises Interest Rates and Sees 3.6% Unemployment
Fed hikes rates, points to two more increases by year’s end

Below are a few articles that I found interesting this week.

Local:

$370M Texas 121 Project Begins Summer 2018
Walmart plans a Lower Greenville return, but with a store you wouldn’t expect
Dallas City Council OKs Sending Millions to Red Bird Mall Redevelopment
$1.5 billion Lewisville project will bring office, retail and apartments to S.H. 121
More apartments on the way near Dallas’ Love Field
Frisco project will include huge fitness center, offices and retail
If Dallas wants to revive Deep Ellum’s most historic landmark, we will have to help pay for a new building
Japanese manufacturer closes deal on 318-acre Denton County spread
Dallas on List of Cities for New U.S. Army Command Headquarters
Grapevine lands a second major corporate office deal in one week

National:

Sears expands Auto Center partnership with Amazon to more stores
California company buys Quiznos, but Denver-born sandwich chain to keep its HQ local, new owner says
Kroger to exit one of its markets
The next stock market crash will simply be a warm-up for an even bigger issue facing Main Street
Target launching design-focused home brand to bring better functionality to everyday items
The co-founder of By Chloe, the chain that wants to be the McDonald’s of vegan fast food, just opened a new restaurant. Here’s what it’s like to eat there.

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- June 8 Edition

Another icon closes… Hudson’s Bay has had their struggles in the past few years and they are the latest of the big chains to close an iconic store(s). What I find most interesting about the 5th Ave store closing, is the WeWork acquisition. Shared work space is on the rise and this is just one of the latest buildings to be turned over!

Lord & Taylor closing 10 stores in United States
Richard Baker Starts Tear-Down At HBC, Closing Lord & Taylor’s Flagship And Selling Gilt Groupe
It’s Just About Time For Full-On Panic At J.C. Penney
Hudson’s Bay to close up to 10 Lord & Taylor stores, including Fifth Avenue in New York
Lord & Taylor: WeWork Startup Buys Iconic 5th Ave Building
This Is What Employee Amenities Looked Like In 1919, At Lord & Taylor’s 5th Ave Flagship

Below are a few articles that I found interesting this week.

Local:

Macy’s carving out more of its D-FW space for its off-price Backstage
Frisco’s Wade Park ducks foreclosure for fourth straight month
Automotive giant investing $175 million and hiring hundreds in Grand Prairie
Tech Firm Launches Property-Matching Service For Tenants, Targets Former Xceligent Customers
Hedge fund provides $105 million for new Frisco hotel
Toyota adds to its North Texas presence with a distribution center in Lewisville
Investor snaps up McKinney apartments with $40 million loan
From Phoenix To Frisco: Texas Extends Incentive Dollars To Lure Contractor HQ
What is Project Apollo? For Dallas, it could mean a $50 million investment

National:

Wells Fargo is selling all its branches in three Midwestern states
Bed Bath & Beyond’s new $29-a-year membership is actually a really good deal — it can pay for itself in a single purchase
Fashion Designer Kate Spade Dies At 55
Fred’s Closes Specialty Pharmacy Sale To CVS, Hints At More Deals
McDonald’s to add self-order kiosks to 1,000 stores each quarter
Fashion Brand’s First NYC Location Marshals Data To Enhance The In-Store Experience
3 Retail And CRE Trends To Watch In The Second Half Of 2018
Walmart Takes A Swig Of The $62 Billion Wine Industry With Its Own Bottling
Hawaii, Wisconsin are fastest-growing real estate states
16 Ways Malls Are Filling Space Besides Stores

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap May 11

Are you heading to ICSC Recon Las Vegas this year? If so, shoot me an email, TLepore@RubiconRep.com, and let’s sit down!

Below are a few articles that I found interesting this week.

Local:

Modular Rooftop Skyports To Support Uber’s Flying Taxi Unveiled At Uber Elevate Summit

Music project in the works for Frisco’s $5 billion mile

Goldman Sachs is bringing hundreds of workers to a new Richardson office and growing in downtown Dallas

Frisco moving ahead with plans for Music City complex on the tollway

Parkway Logistic Center Breaks Ground in Grand Prairie

Dallas’ downtown landmark AT&T tower is up for sale

Steakhouse Del Frisco’s to acquire tapas restaurant owner Barteca for $325 million

Frisco’s Wade Park scheduled for June foreclosure

Plano project developer goes back to the drawing board with Campus at Legacy West

AT&T’s Whitacre Tower Is Up For Sale And it could fetch more than $250 million.

Allen Convention Center to be Largest Between Dallas & OK

National:

2 founders who sold their last startup for more than $20 million have raised $1 million to build a cheaper, less frustrating AT&T

Fred’s in $40 million deal with CVS Health

Nestle Bets $7 Billion on Starbucks to Revive Coffee Sales

Taco Bell owner’s $200 million deal with Grubhub gives it a leg up on the competition

Amazon’s share of all retail sales could reach nearly 10% in two years, Telsey analyst says

How Walmart Beat Out Amazon For India’s Flipkart, And Softbank Stands To Profit

Sears is working with Amazon to deliver and install car tires

From Toys R Us to Pilates studios: Malls fill empty stores with latest fitness fads

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap April 20

“Isaac Larian placed a $675 million bid for 200 of the remaining 735 Toys “R” Us locations in the United States, and almost all of more than 80 locations in Canada. Toys “R” Us is still considering other offers, but it’s not clear whether those would keep US stores open.

Sources with knowledge of the matter say the bid was too low.”

-Toys ‘R’ Us rejects $675M bid from billionaire toy maker

Toys ‘R’ Us rejects bid from Bratz CEO

Toy tycoon submits bid to save Toys ‘R’ Us

Are you heading to ICSC Recon Las Vegas this year? If so, shoot me an email, TLepore@RubiconRep.com, and let’s sit down!

Below are a few articles that I found interesting this week both locally and on a national scale. 

Local:

Developer buys up properties on downtown Dallas’ east side

Parkland Hospital Sale Not Completed

Part Of Henderson Avenue Gets Approved For Commercial Rezoning

6 Projects That Transformed Dallas Into A Global Powerhouse Over The Last 10 Years

Y’all Come Back Now: Texas Hospitality Sector Taking Off

Apartment project kicks off near Dallas’ Galleria

Downtown Dallas’ 113-year-old Purse Building getting modern office makeover with rooftop deck FILED UNDER

Developers spent more than $27 billion on D-FW apartments FILED UNDER

Contractor Balfour Beatty is keeping its HQ in Uptown Dallas

Apartment project kicks off near Dallas’ Galleria

 

National:

The amount of retail space closing in 2018 is on pace to break a record

You can now buy drinks, snacks and even hangover cures in the back of your Uber

15 It’s the end for Bon-Ton Stores, the parent company of Boston Store, Younkers

Target’s Drive Up service is now available at 270 stores

Big Lots CEO steps down

Starbucks enters its 77th global market

Hockey retailer expands footprint

Former rivals Amazon and Best Buy join forces to sell smart TVs

Starbucks to close all company-owned stores on the afternoon of May 29 for racial-bias education day

 

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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