News

Interesting to see Fresh Market close 15 underperforming stores across the Southeast, important to note none of which are located in Florida, however, this decision was made based off an organizational analysis and careful consideration to the company’s overall growth strategy. Fresh Market currently operates 170 stores in 24 states. The company has publicly halted expansion plans for 2018 and has decided to focus on improving the core operations within its existing footprint. Fresh Market...

Over the course of time, retail concepts go through an institutional life cycle. It starts with early growth, accelerated development, maturity and then decline. Blockbuster founded in 1985, grew and peak in 2004 with approximately 9,000 stores. Increased competition from entertainment services, closures, bankruptcy, and more closures lead to its decline. Blockbuster occupied great real estate in shopping centers and strip center plazas, many of these spaces were backfilled with healthcare operated uses. Blockbuster will...