The $200 million plan to turn Broadway Commons into the open-air Shops on Broadway went before the Oyster Bay Town Board this week – roof off, BJ’s in, IKEA expanding, and Hicksville’s original 1956 shopping plaza coming full circle.
QVC exits Chapter 11 with $5.3 billion less debt, Walmart rolls out its sharpest back-to-school pricing since 2019, and Salomon lands at Foot Locker. Three headlines from this morning – and one consistent message for shopping center owners.
Kroger’s $1.65 billion acquisition of Giant Eagle is the first major grocery deal since the Albertsons merger collapsed — and Aldi is answering with $9 billion. For shopping center owners, an anchor changing hands reshapes credit, co-tenancy and dark-store risk. Here’s what to check in your leases now.
In 2026, U.S. store openings are outrunning closings for the first time since the pandemic — and grocery, discount, and off-price retailers like Aldi and Burlington are backfilling the second-generation boxes their fallen competitors left behind.
A $75M Family Dollar sale-leaseback, Aldi’s 180-store push, and a two-speed store count all point to the same thing: quality necessity-anchored retail space is scarce, and capital is paying for certainty.
State of the Industry By Ken Schuckman | Schuckman Realty Inc. | July 1, 2026 The restaurant sector is splitting in two. Value-driven chains are packing dining rooms and opening stores. Everyone else…
