News

May 22, 2018     Walmart Walmart reported first quarter sales growth of 4.4% to $122.69 billion for the period ended April 30. Walmart U.S. comps increased 2.1% (excluding fuel), and comp traffic rose 0.8%. Sam’s Club comps increased 3.8%, led by com ... Read more
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May 15, 2018         Walmart Walmart has ended its grocery delivery partnerships with Uber and Lyft, first announced in 2016. According to published reports, the end of the partnership “undercuts a vision the ride-hailing companies laid out: a serv ... Read more
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May 8, 2018       Ahold Delhaize Last week, Ahold Delhaize’s Food Lion division said it plans to invest $168.0 million on 105 stores in the greater Norfolk, VA market during 2018. The investment will go towards remodeling the stores, lowering prices, ... Read more
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May 1, 2018         Supervalu On April 24, Supervalu announced, in addition to releasing its fourth quarter results, it has entered into definitive agreements to sell eight of its owned distribution centers for approximately $483.0 million and t ... Read more
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April 24, 2018         Sears Holdings Sears Holdings is shutting down at least 11 Sears and two Kmart stores in addition to the 166 stores Sears previously said it would close in 2018, according to government filings. To request an updated list ... Read more
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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 gre ... Read more
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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   &nb ... Read more
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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 fro ... Read more
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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 ... Read more
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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. ... Read more
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