REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Another retailer has filed for bankruptcy

The children’s clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday. The mall-based chain says it plans to remain in business during its restructuring, but will close 375 to 450 stores out of its fleet of its 1,281 locations. Gymboree says the restructuring will reduce its debt by more than $900 million and […]

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Sports Authority’s leases in San Antonio included in nationwide bankruptcy auction

Sporting goods retailer Sports Authority has filed Chapter 11 bankruptcy protection, and will move forward with plans to auction off 87 of its leases, including two in San Antonio. Saddled with debt and unable to step up to competing retailers, a bankruptcy auction is in the works for the store’s leases across the country. The […]

Walmart to Close 154 Stores Nationwide

Wal-Mart Stores, Inc. has announced plans to close 154 stores in the U.S. – 29 in Texas.  This decision was based on a portfolio review which analyzed factors such as financial performance and alignment with long-term plans.  The closures target mostly Walmart Express Stores, the company’s smallest format stores, allowing Walmart to concentrate on strengthening […]

RoomStore closing 5 S.A. stores

RoomStore Inc. is in the process of closing its five San Antonio retail outlets as part of a bankruptcy reorganization. TheSan Antoniostores are among 25 locations in the retailer’s 63-store chain that are holding store-closing sales. The sales, which started last weekend, have been billed in ads as a “total liquidation” of the individual stores.

Sears is closing stores, what retailer will be next?

Sears may be the first retailer to say it’s closing stores post holiday season, but it certainly won’t be the last as 2012 will most certainly shake up the retail world. Sears Holdings plans to close 100 to 120 Kmart and Sears full-line stores. Final determination of the stores to be closed has not yet […]

Quarry Village to lose Smith & Hawken

Quarry Village, the third phase of the Alamo Quarry/Quarry Crossing lifestyle center located at US 281 & Jones Maltsberger, will soon lose one of its anchor tenants after just opening last fall.  Smith & Hawken, high-end retailer of outdoor furniture and accessories and a division of parent company Scott’s Miracle-Gro Co., will close all 56 […]