doninicks: If Dominick’s Is Out, Who’s Moving In?
- 12/27/13 07:41 AM
One of Chicagland’s most well known grocers, Dominick’s, is in its final 2 weeks of existence. This begs the question, who will take over these stores? For many of the Dominick’s location it is more than just a grocer, it is “anchor tenant” for many of the real estate centers that house it. This is a problem for many of the businesses attached to or surrounding those locations as they rely heavily on the traffic to provide additional business. Additionally, many of these grocery-anchored shopping centers have tenancy and co-tenancy clauses that stipulate smaller retailers may break their lease if an … (0 comments)
One of Chicagland’s most well known grocers, Dominick’s, is in its final 2 weeks of existence. This begs the question, who will take over these stores?
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