Author Archives: Mike Pallerino

Walmart plans hybrid Sam’s Club in Dallas area

Walmart plans to open a smaller, high-tech version of Sam’s Club as a test store in a 32,000-square-foot location in the Dallas area that formerly held a Neighborhood Market. The store will be convenience-focused and offer Scan and Go technology. …

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ALDI, Big Lots, Ashley to buy some Toys R Us store spaces

ALDI, Ashley Furniture and Big Lots were among the bidders to snap up some of the Toys R Us store spaces in the latest round of auctions, court documents show. The toy retailer’s liquidation will leave upwards of 800 U.S. …

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Nomad brand considering London market

Nomad Hotel is reportedly eyeing a London location. The brand has properties in New York and Los Angeles with a third hotel under development in Las Vegas. Read the Eater/London story here

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Study cites increase in hotel sales activity

U.S. hotel transactions over the first four months of 2018 rose 93% over last year to $11.9 billion in volume, according to JLL. An improving economy, favorable employment trends and investor confidence that demand will continue to outpace supply are …

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Dick’s Wings owner to acquire Tilted Kilt

Dick’s Wings & Grill parent ARC Group is pursuing an acquisition of the Tilted Kilt Pub and Eatery and it expects to close the deal in the next few months. Phoenix-based Tilted Kilt has 47 units, 45 of which are …

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JOANN builds experiences into new store prototype

Crafts and fabric retailer JOANN has unveiled a new store prototype designed to enhance the shopping experience and give customers reasons to return more often. The new footprint includes a Creator’s Studio in the center of the store that will …

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Lands’ End to exit 59 Sears stores, open new branded shops

Lands’ End will further trim its presence in Sears stores from about 159 to 100 locations by the end of the year, as it continues to invest in opening new, smaller branded stores. The fashion retailer plans to open up …

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Laura Ashley plans rapid development pace

Laura Ashley Hotels‘ executives say the company could open up to 100 properties over the next five years, relying in part on hotel conversions. Read the Hotel News Now story here

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Cirque du Soleil unveils a mall-based entertainment concept

Cirque du Soleil Entertainment Group will debut a 24,000-square-foot family entertainment center inside a Toronto mall in September 2019, with plans to expand the concept to other malls in Canada and beyond. Mall operators are increasingly turning to nontraditional concepts …

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Fanatics to open shops in 650 J.C. Penney stores

J.C. Penney has added Fanatics shops in 325 of its department stores, with plans to grow to 650 locations in time for back-to-school shopping. Fanatics has sold its licensed sports merchandise online at jcpenney.com since 2014, and the in-store shops …

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