News

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, w ... 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-n ... Read more
robbie
  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 W ... Read more
caseyleop
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 oper ... 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 f ... Read more
robbie
  Whole Foods The first Whole Foods 365 location on the East Coast, and the seventh in the country, opened last week in Brooklyn, NY (Fort Greene). The 365 stores are about one-third smaller than a typical Whole Foods, and offer a more curated, private label-focused selection at a so ... Read more
robbie
  Kroger According to a report published last week, Kroger is exploring an alliance with China-based e-commerce giant Alibaba. Multiple sources claim that senior Kroger executives met with senior Alibaba officials last month in China and, while details of the discussions were not rel ... Read more
robbie
Lidl Lidl appears to have recognized that its initial U.S. expansion plans may have been overly ambitious. In a recent interview, Klaus Gehrig, head of the Schwarz Group that owns Lidl, acknowledged the challenges in the U.S. market including poor site selection, building stores too large, ... Read more
robbie
Walmart On January 11, Walmart announced it was closing 63 of its membership warehouse Sam’s Clubs; click here for a complimentary geo-coded list. Ten of the locations will close immediately with the remainder to be closed over a three to four week period. The Company indicated that 10 ... Read more
robbie
Sears Sears Holdings announced on January 4 that it plans to close an additional 103 stores, consisting of 64 Kmart and 39 Sears locations (click here for a complimentary geo-coded list). The stores are expected to close between early March and April with liquidation sales beginning as early ... Read more
robbie

Pages