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robbie
April 17, 2018 Aldi Aldi has chosen the city of Buckeye for its first store in Arizona, set to open in 2019. Aldi has reportedly been scoping out Arizona for new stores, and in January sources indicated that the Company was looking at up to 40 stores around greater Phoenix. Aldi is also working on...Read more
robbie
April 10, 2018 Retail REIT Roundup See How REITs Performed In The 2017 Fourth Quarter Includes a comparison of key metrics (Occupancy Rates, Tenant Sales Per Square Foot, Net Operating Income, Funds From Operations and more) Click Here To Request Report Lucky's Markets Lucky’s Markets , a...Read more
robbie
April 3, 2018 Toys "R" Us Toys “R” Us published a list of bidders who are qualified to participate in an auction of 147 of the Company’s U.S. stores. The Company modified downward the original number of stores subject to bids, to 147 units from 150 originally...Read more
robbie
March 27, 2018 Southeastern Grocers Today, Southeastern Grocers, LLC, DIP filed a petition for a voluntary prepackaged Chapter 11. The petition, as well as a Plan of Reorganization and Disclosure Statement, was filed in the U.S. Bankruptcy Court in the District of Delaware. The case has been...Read more
robbie
March 20, 2018 Southeastern Grocers Southeastern Grocers (SEG) entered into a Restructuring Support Agreement with creditors representing 80% of unsecured notes due September 2018 and plans to file a pre-packaged plan of reorganization under Chapter 11 before month end. As part of the restructuring...Read more
robbie
March 13, 2018 Kroger Kroger released its fourth quarter earnings results showing that it continues to battle a highly competitive environment that has been pressuring the retail grocery sector. While identical store (ID) sales (excluding fuel) continued to strengthen, with the Company posting a 1...Read more
robbie
March 6, 2018 The Walking Company Footwear retailer The Walking Company filed Chapter 11 protection for the second time in a decade this morning. The Company stated that it already obtained the support of its major shareholders, a Plan has been “substantially pre-negotiated,” and it is...Read more
caseyleop
February 27, 2018 Brookshire Grocery Co. Brookshire Grocery Co . will acquire eight Winn-Dixie store locations in southern Louisiana from Southeastern Grocers . Subsequent to this, it was announced that the 11-store Shoppers Value chain is acquiring seven Winn-Dixie locations in Louisiana and...Read more
robbie
February 21, 2018 Albertsons/Rite Aid Yesterday, Albertsons Companies and Rite Aid Corporation announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid. The integrated company will operate approximately 4,900 locations, 4,350...Read more
robbie
The Fresh Market The Fresh Market SVP Scott Duggan recently said the Company has backed off any expansion plans in 2018. Mr. Duggan commented, “At present, the Company believes the most efficient growth vehicle is to focus on improving core operations within its existing footprint, so it has...Read more

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