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A report from two retail research firms says that Quiznos is the top retailer looking to expand locations. Other franchise chains on the list of top retailers searching for a neighborhood location include Subway, Baskin Robbins, Cold Stone Creamery, and Penn Station - East Coast Sub.
According to RBC Capital Markets and Retail Lease Trac, which track retailer store opening plans from community developers, economic development, Chambers of Commerce and university sources, the top five franchising retailers looking to expand are:
The report also declares that retailers in general are starting to plan for expansion in commercial real estate again.
“With retail bankruptcies so far tracking at a very light level for the first month of the [first quarter] bankruptcy season, retailers could quickly find increased competition for quality locations while landlords begin to regain some of the pricing power lost over the past 18 months.” - Retail Traffic Magazine