News

January 26, 2022         Last week, Transformco (New Sears) permanently closed the Fort Lauderdale, FL Sears store and sold the underlying property to RK Centers, which is planning a mixed-use development for the site. Liquidation firm SB360, which is w ... Read more
Peyton Radford
January 19, 2022         On January 10, Big Lots provided a long-term growth outlook, though did not provide relevant timelines. The Company set goals of $8 billion to $10 billion in sales and the opening of an additional 500 stores. The store base is c ... Read more
Peyton Radford
January 11, 2022         Last week, Macy’s revealed the six full-line Macy’s stores it plans to permanently close in 1Q22. The stores are in City of Industry, CA; Centennial, CO; Baytown, TX; Boulder, CO; Lee’s Summit, MO; and Mountain ... Read more
Peyton Radford
January 5, 2022         Southeastern Grocers (SEG) announced that it completed 78 overall store improvements in 2021, including the remodel of 54 stores throughout its five-state footprint. The Company also added 19 new liquor stores to its portfolio, o ... Read more
Peyton Radford
December 22, 2021         Hy-Vee recently outlined plans to expand into four new states and build its third distribution center in Nashville, TN, to support the opening of more of than 20 new stores over the next four years. The Tennessee DC will initia ... Read more
Peyton Radford
December 15, 2021           Costcos FY22 got off to a fast start as 1Q22 sales jumped almost 17% and comps improved just under 10% (excluding fuel). The International segment (excluding Canada) was the top performing region with comps growing 11 ... Read more
Peyton Radford
December 8, 2021         Dollar General managed a modest sales increase in 3Q21, generated primarily by new store growth, as comps fell for the third quarter in a row. The sales gain was aided by improvements in the se ... Read more
Peyton Radford
December 1, 2021         Dollar Tree’s President and CEO Michael Witynski commented in a call with analysts that, so far, the Company’s plan to raise its price point from $1.00 to $1.25 across its store base hasn’t appeared to dis ... Read more
Peyton Radford
November 24, 2021         CVS Health announced last week it will be closing approximately 900 of its 9,955 stores (includes 1,845 within other retailers, like Target). Perhaps more significantly, CVS said it was dividing its retail stores into three dis ... Read more
Peyton Radford
November 17, 2021         Restaurant Brands International (RBI) announced the acquisition of Firehouse Restaurant Group Inc. (dba Firehouse Subs) for $1 billion, which will be funded through a combination of cash and debt. As of September 30, RBI had $1 ... Read more
Peyton Radford

Pages