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Tag Archives: Retail

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Yum Brands, Inc. Revises its Profit Forecast

CRE Worldwide Posted on July 13, 2016 by Ramin SeddiqJuly 13, 2016

Louisville, KY based Yum Brands, Inc., revised its projects core operating profit projections from 12 percent growth from a year earlier to 14 percent growth from a year earlier (adjusted for currency conversion). Yum, which operates the licensed brands Taco … Continue reading →

Posted in International CRE | Tagged China, Economy, Leasing, Retail

IKEA to Open Second Location in Virginia

CRE Worldwide Posted on June 24, 2016 by Ramin SeddiqJune 24, 2016

IKEA intends to open a second store in Virginia. The world’s largest furniture retailer has submitted plans to the City of Norfolk for the construction of a 331,000sf store with 1,000 parking spaces located on 19 acres at the northwestern … Continue reading →

Posted in US CRE | Tagged Development, Retail

Puerto Rico’s Economy – H2-2015

CRE Worldwide Posted on June 19, 2016 by Ramin SeddiqJune 19, 2016

In the second half of 2015, Puerto Rico’s jobless rate eased by two percent to 12 percent,

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Posted in US CRE | Tagged Economy, Leasing, Retail

Costco Switches to Visa

CRE Worldwide Posted on June 18, 2016 by Ramin SeddiqJune 18, 2016

Starting June 20, Costco will no longer accept American Express cards or its co-branded cards. Visa will take its place as the only accepted credit card at the wholesale As it increases moisture levels of skin it helps in dry … Continue reading →

Posted in US CRE | Tagged Lending, Retail

Sports Authority to Close All Stores

CRE Worldwide Posted on May 1, 2016 by Ramin SeddiqMay 1, 2016

Sporting goods retailer Sports Authority will close all 450 stores, according to Forbes. The company filed for Chapter Playing your favorite relaxation CD, such as those with nature sounds, often helps to reduce stress and tension. thought about that viagra … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Legal, Retail

Whole Foods to Open Store in Tysons Corner

CRE Worldwide Posted on April 24, 2016 by Ramin SeddiqApril 24, 2016

Whole Foods Market plans to open a 70,000sf flagship store at The Boro, a new 3.7 million square foot development at the intersection of Route 7 and Route 123 in Tysons Corner, Virginia, according to the supermarket chain. The Boro … Continue reading →

Posted in Metro DC CRE | Tagged Development, Retail

CVS Express

CRE Worldwide Posted on April 20, 2016 by Ramin SeddiqApril 20, 2016

CVS Health, the second-largest drugstore chain in the U.S. has partnered with the technology firm Curbside to create CVS Express, a program that allows customers to purchase non-prescription products with At the beginning, it had developed the European market and … Continue reading →

Posted in US CRE | Tagged Leasing, Retail, Technology

Dollar General Stats – Q1 2016

CRE Worldwide Posted on April 17, 2016 by Ramin SeddiqApril 17, 2016

Dollar General operates about 12,400 stores in 43 U.S. states. The company’s revenue rose above $20 billion for the fiscal year that ended in January. The average purchase at a dollar store is between $10 and $11, according to Investor’s … Continue reading →

Posted in US CRE | Tagged Economy, Retail

Appification of Shopping

CRE Worldwide Posted on April 13, 2016 by Ramin SeddiqApril 13, 2016

In 2015, sales from mobile devices in the U.S. increased by 56 percent to $49.2 billion, doubling the growth in 2014. Desktop sales totaled $256.1 billion in 2015 but annual growth dropped to 8.1 percent from 12.5 percent in the … Continue reading →

Posted in US CRE | Tagged Economy, Retail, Technology

Low-performing Malls…

CRE Worldwide Posted on April 10, 2016 by Ramin SeddiqApril 10, 2016

About 1,000 malls in the US (around 15 percent) should either close down or be re-purposed into a non-retail use over the next 10 years,

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Posted in US CRE | Tagged Development, Leasing, Retail

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