A German discount grocer has set its sights on becoming the third-largest American food retailer by store count, behind Walmart and Kroger. Source: Aldi accelerates store expansion as supermarket wars heat up | Chain Store Age
Ikea in Southeastern expansion | Chain Store Age
Ikea is looking to open its second location in Tennessee. The home furnishings chain plans to submit plans to the Metropolitan Government of Nashville and Davidson County, Tennessee, for a store in the Nashville area. Construction of the 341,000-sq.-ft. proposed Ikea could begin in spring with an opening in summer 2020. Source: Ikea in Southeastern expansion | Chain …
Retail is dying? Not in Atlanta – Atlanta Business Chronicle
Metro Atlanta’s retail space vacancy stands at 8.5 percent, the lowest point in a decade, according to real estate services company Colliers International. Source: Retail is dying? Not in Atlanta – Atlanta Business Chronicle
L Brands still adding stores as other retailers contract – Columbus – Columbus Business First
L Brands Inc. is doing something many other mall retailers aren’t — growing. Source: L Brands still adding stores as other retailers contract – Columbus – Columbus Business First
Master developer: Fort Mac to become destination for entertainment – Atlanta Business Chronicle
Atlanta real estate company Macauley Investments will help transform 145 acres of the former Army base into the Southside’s first large, transit-oriented, mixed-use development. Source: Master developer: Fort Mac to become destination for entertainment – Atlanta Business Chronicle
Developer named for Fort McPherson land
The McPherson Implementing Local Redevelopment Authority has selected a partnership led by Atlanta area developer and planner Stephen Macauley. Source: Developer named for Fort McPherson land
Quarterly reports paint a vibrant picture for physical retail | Chain Store Age
Current media reporting on the state of physical retail is mostly doom and gloom. But analysts at real estate research company CoStar listened in on the latest wave of Q1 earnings calls and discovered a generally bullish attitude for brick-and-mortar retail among developers. “I just think the [negative] narrative is a way ahead of itself,” a CoStar report quoted …
Specialty flooring retailer completes IPO | Chain Store Age
The fast-growing Floor & Decor Holdings announced the closing of its initial public offering. The company’s shares are now trading on the New York Stock Exchange under the symbol “FND.” Founded in 2000, Floor & Decor is a multichannel specialty retailer of hard surface flooring and related accessories. It offers a broad in-stock assortment of tile, wood, laminate and …
McAlister’s looks to the future as it hits 400 units
President Paul Macaluso outlines opportunities for deli chain Source: McAlister’s looks to the future as it hits 400 units
Walgreen wants to force the FTC’s hand on Rite-Aid deal | New York Post
Walgreen is likely to push federal regulators to the brink in its long battle for regulatory approval to buy Rite Aid.The chain about a month ago gave the Federal Trade Commission 30 days’ notice Source: Walgreen wants to force the FTC’s hand on Rite-Aid deal | New York Post