News

  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 approxim ... Read more
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  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 ... Read more
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  July 17, 2018       Sprouts Farmers Market Sprouts Farmers Market 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 op ... Read more
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  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 ... Read more
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  July 3, 2018     Camping World On June 28, Camping World announced plans to expand the number of its RV sales locations by 40 units (more than a 30% increase) by spring 2019. This will be accomplished through the launch of additional Gander RV Sales units, new st ... Read more
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  June 26, 2018     Toys "R" Us, DIP Court documents show that Toys “R” Us, DIP is looking to sell its intellectual property, which includes the Toys “R” Us, Babies “R” Us and Geoffrey character trademarks. Published r ... Read more
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  June 19, 2018       Kroger Citing an oversaturated marketplace, last week Kroger said it plans to close its 14 stores in the Raleigh-Durham, NC by August 14.However, Kroger’s Harris Teeter subsidiary will acquire eight of the closing ... Read more
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  June 12, 2018       Lidl According to an independent survey by global consulting firm Oliver Wyman, shoppers, particularly younger ones, are warming up to Lidl, which entered the U.S. about a year ago. 48% of 600 consumers who tried Lidl are now shoppin ... Read more
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June 5, 2018       Sears Holdings Corporation Yesterday, Sears Holdings Corporation announced that it borrowed an additional $186.0 million under an amended loan agreement, whose maturity was extended to July 20, 2020. After closing, the loan totaled ... Read more
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May 30, 2018   Target Target reported first quarter sales growth of 3.5% to $16.56 billion, driven by 3% comp growth, which includes 3.7% traffic growth. Digital sales rose 28%, on top of a 21% increase in 1Q17. The Company said it saw broad market share gains across its ... Read more
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