Toys "R" Us Last night, Toys “R” Us, Inc., DIP filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the Eastern District of Virginia. The case was assigned to the Honorable Keith L. Philips under case number 17- 34665. The company indicated that funds will be avai ... Read more
Robbie Gale
Lidl According to its website, Lidl has opened 28 stores thus far in Virginia, North Carolina, South Carolina and Delaware. It will open its first store in Georgia, located in Augusta, on Thursday, along with another one in Virginia. Other planned openings in September are in South Carolina ( ... Read more
Robbie Gale
Chris Hathaway
DUPONT, WA - SEPTEMBER 06, 2017 As the second-strongest ever recorded hurricane in the Atlantic Ocean, Irma is set to wreak havoc on Florida in the coming days. This comes on the heels of one of the largest natural disasters in U.S. history, with hundreds of retailers being forced to close their...Read more
Hurricane Irma On the heels of one of the largest natural disasters in U.S. history, Hurricane Irma roared into the Carribean with record force early today with 185 mph winds, shaking homes and flooding buildings on a chain of small islands along a path toward Puerto Rico, the Dominican Repub ... Read more
Robbie Gale
Amazon/Whole Foods With Amazon’s $13.70 billion acquisition of Whole Foods Market finalized yesterday, shoppers have been promised immediate markdowns on a number of items, including salmon, avocados, baby kale and almond butter. According to published reports, when stores opened yester ... Read more
Robbie Gale Ahold Delhaize On August 16, Ahold Delhaize opened new Food Lion stores in Ashland, VA and Washington, NC. In addition to the new pharmacy, the Ashland store offers various prepared food offerings. The Washington store features a walk-in garden cooler in the store&rs ... Read more
Robbie Gale Ahold Delhaize In Ahold Delhaize’s second quarter earnings release, management noted that inflation returned in the second quarter (up 0.8%) after a deflationary environment that persisted for more than a year. Ahold Delhaize President and CEO Dick Boer noted that the Co ... Read more
Robbie Gale   365 by Whole Foods Whole Foods Market will open a 365 store in Santa Monica, CA tomorrow. The 30,000 square-foot store will be the Company’s fifth 365 store. The others are located in Los Angeles, CA; Lake Oswego, OR; Cedar Park, TX; and Bellevue, WA. An Akr ... Read more
Robbie Gale Whole Foods Whole Foods’ second quarter sales rose 0.6% to $3.73 billion, and comps fell 1.9%, a less severe decline than projected. Net income was down 11.7% to $106.0 million. Co-founder and CEO John Mackey commented, “For the quarter, we delivered record sales a ... Read more
Robbie Gale Amazon/Whole Foods According to published reports, Amazon will re-file documents this week seeking government approval for its $13.70 billion deal to acquire Whole Foods. The move will allow antitrust officials to prolong their review of the deal first proposed ... Read more
Robbie Gale