February 23, 2022
Amazon will face a union election at one of its warehouses on New York’s Staten Island next month, Workers at the Staten Island warehouse, known as JFK8, will cast their ballots between March 25 and 30, according to the A ... Read more
February 16, 2022
CVS Health reported stronger-than-expected 4Q21 results, with the top line growing 10.1%, again thanks to COVID vaccinations and testing. The Company said it has administered more than 59 million COVID-19 vaccines and 32 millio ... Read more
February 9, 2022
ALDI is continuing its aggressive growth strategy with plans to open about 150 new stores this year. This puts it on track to become the third-largest U.S. grocery retailer by store count by the end of 2022. As part of its South ... Read more
February 2, 2022
Amazon is launching a new Amazon Go format for the suburbs, with plans to open a 6,150 square-location in Mill Creek, WA, followed by another in Los Angeles, CA. The first new-concept Amazon Go will have front-of-store sell ... Read more
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
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
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
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
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
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
