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CoStar Insight Despite sector reacting to recent bankruptcies, retail execs remain optimistic The bankruptcies and store closings of several retailers, including Party City, drag down demand for retail space, though given supply-constrained conditions, other retailers are expected to backfill the space that becomes available. (Getty Images) By Brandon Svec CoStar Analytics March 28, 2025 | 1:27 […]

Private equity deal marks loss for discount giant after decade-long turnaround effort Dollar Tree acquired Family Dollar for $9 billion in 2015. (CoStar) By Linda Moss CoStar News March 26, 2025 | 9:55 AM Discount giant Dollar Tree is offloading Family Dollar at a bargain basement price, roughly $1 billion, after spending about a decade of […]

Discount giant will also shutter 45 PopShelf shops Discount giant Dollar General has about 20,600 stores but is trimming its footprint slightly. (CoStar) By Linda Moss CoStar News March 13, 2025 | 4:30 P.M. Discounter Dollar General is joining the ranks of other retailers in closing some urban locations, with plans to shutter roughly 100 namesake […]

Drugstore giant enters buyout agreement with Sycamore Partners Walgreens Boot Alliance has 12,500 retail pharmacy locations in the United States, Europe and Latin America. (CoStar) By Linda Moss CoStar News March 6, 2025 | 7:19 P.M. It’s a tumultuous time for struggling U.S. drugstore chains, and Walgreens Boots Alliance is trying to execute its turnaround by […]

Sales increase as buyers and sellers move closer on values, CoStar data shows The potential end of a long slide in commercial property price declines is coming into view. (iStock) By Mark Heschmeyer CoStar News February 28, 2025 | 4:31 P.M. New signs are emerging of a possible bottom to a more than two-year run in […]

Chain looks to shed more than half its locations Joann’s second bankruptcy filing in less than a year is resulting in a wave of store closings. (CoStar) By Linda Moss CoStar News February 12, 2025 | 4:15 P.M. This year’s surge of U.S. store closings is raging on unabated, with sewing-crafts retailer Joann now planning to […]

Latest signal emerges that national occupancy rate may be near a turning point Solar Plus moved into 567,000 square feet of space at Nexus North Logistics Park in Humble, Texas, in December, helping to drive the Houston industrial market’s vacancy rate down for a second straight quarter. (CoStar) By Adrian Ponsen CoStar Analytics January 29, 2025 […]

Billionaire investor offers to form subsidiary to buy controlling interests in operating companies Summerlin in Las Vegas is where Howard Hughes built one of the nation’s top-selling master-planned developments. (Zachary Mirer/CoStar) By Candace Carlisle CoStar News January 13, 2025 | 5:01 P.M. Billionaire investor Bill Ackman’s Pershing Square made a bid to merge with Howard Hughes […]

Investment giant strikes $8 billion deal for majority stake in sandwich shop business Jersey Mike’s Subs is going to be majority-owned by New York-based private-equity firm Blackstone. (CoStar) By Linda Moss CoStar News November 19, 2024 | 5:08 P.M. Blackstone still has a hearty appetite for investing in restaurant chains as it looks to buy a […]

But there are tenants to fill the space with retail vacancy still low, analysts and brokers say Announced store closings have surged in the back half of 2024. (Getty Images) By Linda Moss CoStar News November 6, 2024 | 5:33 P.M. U.S. store closings have accelerated, surpassing any full-year total since the height of the pandemic […]