rue21, inc.
rue21, inc. will be closing nearly 400 stores (33.5% of its entire store base) across the country, stating the decision is “difficult, but necessary” as the teen apparel retailer focuses more on its online business. Earlier in the year, rue21 hired Rothschild, Inc. ... Read more
Freds / Walgreens / Rite Aid
During Fred’s fourth quarter earnings conference call on April 6, management stated that it remains committed to working with Walgreens, Rite Aid, and the FTC to complete the Rite Aid transaction. The Company is willing to acquire additional assets, inclu ... Read more
Walgreens Boots Alliance/Rite Aid
A published report from last week indicated that Walgreens Boots Alliance (WBA) set a deadline of three months for the U.S. FTC to either block or allow its proposed merger with Rite Aid through a declaration of “certified compliance” or a noti ... Read more
Marsh Supermarkets
Marsh Supermarkets closed 10 stores over the last three years through 2016 (15% of its store base), with closures accelerating in 2017. According to published reports, Marsh has also stopped paying rent on six Indianapolis stores prompting lawsuits by property owners, wh ... Read more
J.C. Penney
J.C. Penney has released the list of 138 stores it plans to close. As previously reported, the Company announced on February 24 that it would close 138 stores, and one supply chain facility in Lakeland, FL as it cuts costs and focuses on growing sales at its best-performing loca ... Read more
Kroger
Kroger plans to close an underperforming store and fuel center in Knoxville, TN by March 31. According to the Company, “This closing is necessary because the store has experienced significant losses for over five years now, including over $1.0 million in the last two years. Cl ... Read more
Whole Foods
Last week, Whole Foods opened a new store Newark, NJ. The 29,000 square-foot supermarket anchors the renovated Hahne’s building, which opened last month after being closed for 30 years. Many Newark residents and officials have labeled the store as a symbol of growth and h ... Read more
Kroger
As part of its initiative to invest nearly half a billion dollars to expand in central Indiana, Kroger has announced plans for a new Marketplace supercenter in Indianapolis, its fifth in the highly competitive market. Meanwhile, Marsh Supermarkets closed a store in Indianapolis over the w ... Read more
Retail News & Views delivers critical store activity and mergers & acquisitions information for professionals in the retail, commercial real estate, and financial services industries. We then point you to our lists of relevant store location data which is compiled throughout the day by ... Read more
In the "Chain Store News" we track news about major changes in various chain stores throughout the country such as broad store closings, openings, or acquisitions. We then point you to our lists of relevant data so you can see how these changes might affect the retail landscape overall...Read more
