News
As one of the premiere commercial real estate brokerage firms in Southern California, CRG is in the news. Here are recent articles highlighting some of the transactions completed by our Cypress team, along with other industry-related news.
Chico’s has become the first apparel retailer to announce a reopening of its stores, set to occur in phases, after nationwide closures resulting from the COVID-19 pandemic. Although business will not be resuming exactly as it was before, hopefully the… Read More..
Exceeding its Q4 sales expectations, Bed Bath & Beyond is now taking steps to adapt its business to the current state of the world by utilizing dark stores as fulfillment centers. For all the details, please follow the below link… Read More..
Bed Bath & Beyond has just appointed a new chief merchandising officer. Formerly Senior VP and chief merchandising officer at Walgreens, Joe Hartsig is set to play a key role in the turnaround of the company’s home, beauty & baby departments. For all… Read More..
Construction of the new pad development at the heavily trafficked intersection of Stockdale Highway and California Avenue in Bakersfield is now well underway. Consisting of two separate buildings along California Avenue, the project is situated in Stockdale Plaza, a larger… Read More..
To turn business around, Bed Bath & Beyond has announced an reinvestment into its core assets and customers over the coming 2020 fiscal year. For all the details, please follow the below link to the full article from Chain Store Age.… Read More..
With consumer optimism high and a predicted growth of 3.7% in sales, the 2020 retail forecast looks promising, with technology and customer experience anticipated to remain top factors in contributing to overall retailer success. For all the details, please follow the… Read More..
According to economists, it is not just the rise of internet shopping that has resulted in the decline of many traditional brick-and-mortar retailers. To learn more about the various contributing factors, please follow the below link to the full article… Read More..
The popularity of strip malls and neighborhood shopping centers is on the rise as more retailers are changing footprints and moving away from their traditional mall locations. For all the details, check out the following article from Modern Retail. Read More..
Bloomingdale’s Outlet Store has recently executed a lease for just over 33,000 SF in one of the strongest and most highly sought after regional shopping centers in Woodland Hills, at the southwest corner of Victory Blvd and Canoga Ave. Joining Nordstrom Rack,… Read More..
According to numerous analysts and industry executives, the future of retail success is in brick and mortar stores. For more detail, please follow the below link to the full article from Retail Dive. https://www.retaildive.com/news/the-comeback-of-the-brick-and-mortar-store/570290/ Read More..