Big Lots plans to close all its nearly 900 remaining stores after the pending sale of the chain fell through, capping what has been a tough year full of liquidations and bankruptcies for U.S. brick-and-mortar retail operators.
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The Quebec government is moving toward permanently banning various types of agricultural land deals in a bid to prevent real estate developers from transforming farmlands into commercial or residential properties.
Quebec moves toward permanent ban of selling some farmland to investors
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The parent company of 7-Eleven plans to open 500 new convenience stores across the U.S. and Canada over the next two years, with 125 debuting next year in a new format emphasizing in-store restaurants and premium items.
7-Eleven parent plans 500-store expansion in North America over next two years
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When does it pay to play the Grinch 🎁 ? According to professional home stagers, overly elaborate Christmas 🎄, decorations — like a 10-foot tree, a yard of inflatable Santas, or a roof covered in lights — can hinder a home sale. Instead, they recommend keeping decorations minimal or skipping them altogether. Learn more here: https://bit.ly/3ZF9nsQ
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New Jersey's #AtlanticCity is set to gain The Top Hat, a boutique hotel inspired by the board game #Monopoly, as part of the Orange Loop neighborhood’s revitalization with non-casino restaurants and live entertainment. More on the project here: https://bit.ly/41KBnhj
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WHP Global, which revived the Toys R Us chain, announced it struck a deal to acquire the Vera Wang brand, aiming to expand the fashion designer's brick-and-mortar retail footprint.
WHP Global adds bridal brand Vera Wang to its retail portfolio
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A federal judge approved Yellow’s $192.5 million sale of truck terminals as brokerage CBRE looks for buyers for the defunct trucking company’s remaining portfolio of about 100 terminals.
Yellow gets court approval for latest sale as CBRE markets remaining truck terminals
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Curious about the priciest sale 💰 in the Washington, D.C. area? Homes.com data reveals that seven properties 🏠 in the region have sold for over $10 million so far in 2024. Mark Lowham and Daniel M. Heider of TTR Sotheby’s International Realty, and Kathryn Harrell and HRL Partners (Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith) of Washington Fine Properties were among the agents behind this year's top deals. Find more details on the sales here: https://bit.ly/4iNR2CO
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How will Amazon accommodate its workers returning to a full-time schedule if it doesn’t have enough #office space? Could #SanDiego become the next film and studio hub? And how might the Federal Reserve’s slower pace of rate cuts in 2025 impact the real estate market? Find out the latest #CRE news in this edition of our weekly newsletter.
Top news for real estate pros
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AT&T will require office employees to return to a full five-day workweek starting next year, joining other major employers rolling back remote work policies while investing in improved office experiences.
AT&T abandons hybrid work in push to get employees back for complete five-day week
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