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)