Watch retailer Fossil to close 50 stores, cut corporate staff
Global company mounts turnaround, reviews business
Fossil, the global watch-and-accessory retailer, is closing roughly 50 stores and cutting its corporate workforce as part of a turnaround plan.
Dollar General set to close about 100 urban stores
Discount giant will also shutter 45 PopShelf shops
Discounter Dollar General is joining the ranks of other retailers in closing some urban locations, with plans to shutter roughly 100 namesake stores as it looks to optimize its foo...
Amazon slates new markets for expansion of its primary care network
E-commerce giant looks for bigger share of sector that stymied Walmart
E-commerce giant Amazon has stepped up the national rollout of its primary healthcare chain, a challenging business that Walmart retreated from and Walgreens Boots Alliance is look...
SJP Properties awarded $103.9 million in tax credits for Nokia research lab
Building is part of the HELIX tech hub development in New Brunswick, New Jersey
SJP Properties has been awarded $103.9 million in tax incentives to develop the nearly 370,000-square-foot property that will house Nokia's industrial research arm at the proposed ...
Zips Car Wash gets zapped as booming industry sees a slowdown
Pricey leases, debt and competition dull shine, industry pros say
The U.S. car wash industry has been cleaning up.
Kushner signs more retail tenants at Monmouth Mall
Developer signs Cava, Prince Pizza for property being redeveloped
The Monmouth Square redevelopment, the $500 million transformation of an outdated North Jersey mall, is starting to fill out its roster of retail tenants, with chains including Med...
Kohl’s is still seeking right model for small-format stores
Beleaguered chain sees downsized brick-and-mortar sites as option for expansion
Troubled Kohl's has its problems with sales still sagging, but it sees small-format stores as a way to expand, particularly in rural areas.
Leasing begins for luxury apartments at New Jersey’s former Ballantine Brewery
Developers Shorewood, Bridge Investment secure rights to use iconic name
The Ballantine, a new apartment complex on the site of a historic former brewery in Newark, New Jersey, has kicked off leasing, marking the transformation of an aged industrial are...
Another law firm to relocate headquarters at New Jersey’s Giralda Farms office complex
Saiber plans move to Madison from Florham Park
Another Garden State law firm is relocating its headquarters to a rolling office campus in Madison, New Jersey.
BXP joint venture plans $400 million multifamily project in Jersey City
Development is departure from portfolio for national office firm
A joint venture led by office developer BXP will add to the housing stock with a $400 million project in the Garden State's second-largest city. The project is part of a spurt of n...
Walgreens goes private in $10 billion deal to drive turnaround
Drugstore giant enters buyout agreement with Sycamore Partners
It's a tumultuous time for struggling U.S. drugstore chains, and Walgreens Boots Alliance is trying to execute its turnaround by going private in a $10 billion buyout deal with Syc...
On the Border files for Chapter 11 after closing 40 restaurants
Tex-Mex operator becomes one of first dining chains in bankruptcy court in 2025
On the Border Mexican Grill & Cantina closed 40 of its restaurants and filed for Chapter 11, now part of a series of chains in that ethnic dining sector that have struggled and end...
Macy’s expects to close fewer real estate sales this year
Department store chain still plans to shut 150 stores by end of 2026
Macy's expects a slowdown in real estate sales this year, to $175 million from $283 million in proceeds in 2024, as it closes and divests underperforming stores in its turnaround e...
Retailer Ross Stores extends expansion push as off-price sellers shine
California-based chain plans 90 location openings this year
Ross Stores plans to keep pace with its 2024 expansion by opening 90 stores this year, including a batch this weekend, as the U.S. off-price retail sector maintains its appeal to b...
Roughly 800 Joann store leases land on auction block
See the map of available sites as crafts seller to join ranks of liquidated retailers
Leases for roughly 800 Joann stores have gone up for auction as the chain becomes the latest U.S. retailer to liquidate and close up shop.
Discounter Ollie’s plans to fuel expansion with purchase of more Big Lots store leases
Ohio hospital chain purchases Big Lots headquarters as part of retailer’s bankruptcy case
Ollie's Bargain Outlet has snapped up roughly three dozen Big Lots' store leases as part of a Chapter 11 proceeding, a move it says will help it speed up its expansion.
Despite pleas of Dallas officials, Saks says it's moving to close Neiman Marcus flagship
Retail chain's new parent says it has to focus on its long-term success
Executives at Saks Global are proceeding with plans to close Neiman Marcus' flagship store in downtown Dallas that has been open for more than a century, saying they have yet to re...
Red Robin aims to shutter roughly 70 underperforming restaurants
Burger chain faces stepped-up competition from other premium eateries
Red Robin Gourmet Burgers expects to close about 70 restaurants as it competes in a sector that grown crowded with premium hamburger chains and consumers are tightening their purse...
Warby Parker to open eyewear shops at Target
Retailer is latest to expand footprint by carving out dedicated space inside other stores
Eyewear seller Warby Parker is joining a growing group of retailers that are expanding their brick-and-mortar footprints by opening shops within other chains' stores.
Alpine Residential obtains $142.7 million in financing for Jersey City multifamily project
Scholars Village is planned for Bergen-Lafayette neighborhood
A partnership between Beachwold Residential and Alpine Real Estate Group has obtained $142.7 million in financing for Scholars Village, a 500-unit multifamily development in Jersey...