News

robbie
August 14, 2018 Albertsons and Rite Aid On August 8, Albertsons and Rite Aid announced a mutual agreement to terminate their proposed merger. As we have been reporting, the merger had been criticized by Rite Aid shareholders, including several institutional holders and proxy firms noting that it...Read more
robbie
August 8, 2018 National Stores On August 6, National Stores, lnc. filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the District of Delaware. Documents in the filing indicate the Company plans to close 74 of its 344 stores, see map below. Please click here to request the entire...Read more
robbie
July 31, 2018 Amazon Amazon announced results for its second quarter ended June 30. Sales rose 39.3% to $52.89 billion, which included $4.31 billion from the acquisition of Whole Foods . Whole Foods’ sales increased approximately 18% year over year and we estimate comps were in the mid-single...Read more
robbie
July 24, 2018 Rite Aid & Albertsons As pushback comes from Rite Aid investors over its acquisition by Albertsons , who argue the deal undervalues Rite Aid, the two companies are staging a public relations campaign. The deal, announced in February and heading to a vote next month, would create a...Read more
robbie
July 17, 2018 Sprouts Farmers Market Sprouts Farmers Marke t will open a new store in El Paso, TX on July 25. The 30,000 square-foot store is its third location in the city. Meanwhile, the Company’s first Orlando, FL-area store will open in Winter Park on October 24. The 30,000 square-foot...Read more
robbie
July 10, 2018 The Fresh Market Yesterday, The Fresh Market announced plans to close 15 stores in Georgia, Illinois, Indiana, Kentucky, North Carolina, New Hampshire, Tennessee, Virginia and Wisconsin. The closures represent approximately 8.5% of its 176-store base and follow the Company’s...Read more
robbie
July 3, 2018 U.S. Private Equity Review Private Equity fundraising followed up a strong year in 2016 with a record breaking effort in 2017, raising $637.30 billion. U.S. firms raised $362.00 billion, the most since 2008. Deal activity was up, but there continues to be record amounts of dry powder...Read more
robbie
June 26, 2018 U.S. Private Equity Review Private Equity fundraising followed up a strong year in 2016 with a record breaking effort in 2017, raising $637.30 billion. U.S. firms raised $362.00 billion, the most since 2008. Deal activity was up, but there continues to be record amounts of dry powder...Read more
robbie
June 19, 2018 Retail REIT Roundup See How REITs Performed In The 2018 First Quarter Includes a comparison of key metrics (Occupancy Rates, Tenant Sales Per Square Foot, Net Operating Income, Funds FromOperations and more) REQUEST A COPY Kroger Citing an oversaturated marketplace, last week Kroger...Read more
robbie
June 12, 2018 Retail REIT Roundup See How REITs Performed In The 2018 First Quarter Includes a comparison of key metrics (Occupancy Rates, Tenant Sales Per Square Foot, Net Operating Income, Funds FromOperations and more) CLICK HERE TO REQUEST A COPY Lidl According to an independent survey by...Read more

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