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December 13, 2011
THE SITE OPTIMIZER
  Tools and strategies for maximizing retail site selection and operation
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IN THIS ISSUE
 Retailers Cut Down on Store Opening Plans as Good Real Estate Becomes Harder to Find
 Jamba Juice on Growth, JambaGo
 Dollar Chains Ahead in Race for Market Dominance

The Tenant's Perspective

Retailers Cut Down on Store Opening Plans as Good Real Estate Becomes Harder to Find
By Elaine Misonzhnik, Senior Associate Editor

U.S. retailers slowed down the pace of planned store openings in October, the most recent month for which data is available, because of difficulty finding the right locations.

The “November National Retailer Demand Monthly” report, published by RBC Capital Markets, found that the 2,000 retailers in its database planned to open 70,758 stores over the next 24 months. The figure was down 1,343 stores, or 1.9 percent, from September.

READ THE FULL STORY HERE.

Expert Analysis

Jamba Juice on Growth, JambaGo
By Lisa Jennings, Nation's Restaurant News West Coast Bureau Chief

Jamba Inc. chief executive James White said he is ready to grow the Jamba Juice smoothie chain into a global brand—starting with local elementary and secondary schools.

By next week, the 752-unit chain will have opened about 30 pilot locations of a new platform called JambaGo, designed as a licensed outlet that could go into self-service venues. White spoke with Nation’s Restaurant News last week at an investor conference in Santa Monica, Calif.

READ THE FULL STORY HERE.

Best of the Blog

Dollar Chains Ahead in Race for Market Dominance
By Elaine Misonzhnik, Senior Associate Editor

In spite of putting forth their best efforts, drugstores trail dollar stores in the war for U.S. consumers. A report published earlier this week by brokerage firm Colliers International looks in-depth at dollar stores' rapid expansion over the past few years and finds that they've been opening new stores at a faster pace than most of their competitors.

According to a post on Merchandising Services Blog, today there are approximately 21,500 dollar stores operating around the country, while national drugstores number 19,700 locations. Family Dollar, with 6,800 stores, and 99c Only Stores, with 285 units, would seem to pose the biggest threat to the drugstores as they generally take locations in urban environments, the drugstores' most established turf.

READ THE FULL STORY HERE.

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Editorial Director
David Bodamer
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Jonathan A. Schein
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Managing Editor
Susan Piperato
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Senior Associate Editor
Elaine Misonzhnik
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