News

  August 22, 2018       Toys "R" Us In the Toys “R” Us, DIP case, on August 20, the Court provided notification of: (i) the selection of the successful bidder and backup bidders following the auction of 123 Toys "R" Us and Babies "R" Us ... Read more
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  August 14, 2018         Albertsons and Rite Aid On August 8, Albertsons and Rite Aid announced a mutual agreement to terminate their proposed merger. As we have been reporting, the merger had been criticized by Rite Aid shareholders, including ... Read more
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August 8, 2018 National Stores On August 6, National Stores, lnc. filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the District of Delaware. Documents in the filing indicate the Company plans to close 74 of its 344 stores, see map below. Please click here to requ ... Read more
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  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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