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
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
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
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
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
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
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
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
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
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
