2022’s Top 10 Expanders: Dollar General No. 1
In 2022, Dollar General, At Home, and The TJX Companies secured leases for over 1.3 million square feet of new space, securing their positions as the top three companies on CoStar’s Top 10 expanders list.
Dallas’ Henderson Avenue retail makeover begins to take shape in new renderings
Developers planning a makeover of East Dallas’ Henderson Avenue corridor have disclosed some of their plans.
Another Broken Egg Cafe forecasts major franchise growth in Texas
There are eight Texas cafes already open and four in development in Austin, Katy, Dallas and El Paso.
Bed Bath & Beyond plans another 1,300 layoffs
The retailer said that the layoffs are part of its strategy announced in February, which entails having a smaller and more profitable store footprint and omni-always model.
Target to close 4 small-format stores this spring
Half of the approximately 20 new stores the company plans to open this year will be smaller locations of about 50,000 square feet or less.
Macy’s CEO Jeff Gennette, who’s led the company’s turnaround effort, will retire next year
He kicked off Macy’s three-year turnaround plan that called for accelerating digital growth, closing underperforming shops and investing in the company’s best stores to boost profits.
Roark Capital shows interest in buying Subway
The world’s largest sandwich chain is valuing itself at more than $10 billion. If a deal occurred at that price point, it would be the biggest transaction since Inspire Brands purchased Dunkin’ and Baskin-Robbins for $11.3 billion.
