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
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
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
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
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
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
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
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
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
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
