EQUITY RETAIL BLOG

Top Brands of 2012

Interbrand has released its top brands of 2012.  5 out of the top 10 are anchors. The link below will allow you to download the full report.  Check it out… Interbrand Report Interbrand Releases 13th Annual Best Global Brands Report Coca-Cola, Apple and IBM lead Interbrand’s 13th annual Best Global Brands report. While Coca-Cola retained […]

Save-A-Lot store count on the rise in PA

At one point last year Save-A-Lot parent company Supervalu said the company would open 160 new Save-A-Lot stores in the next year. They backed off that number in the fall, revising it to 80-90 new stores. This growth has been evident in Pennsylvania, where four have already opened this year, and two more are planned […]

Kimco called the best blue chip REIT by Seeking Alpha

A Seeking Alpha article earlier this week said that “many investors… will want to own blue chip REITs,” calling them a “financially sound, ‘safe’ investment.” The article went on to use Kimco, the “king of the jungle” in the retail sector with 946 properties overall, including many in the Greater Philadelphia region, as an example […]

Weis Markets reports strong quarterly and year-end results

It’s been a busy day for Weis. Not only did they announce the purchase of three Genuardi’s stores in Pennsylvania, but they also announced their quarterly and year-end results. The Genuardi’s news can be found in more detail here, and below is a short summary of their financial results. Sales increased 11.4% for the 14-week […]

Weis to buy three PA Genuardi's stores

PA-based Weis Markets, which operates 161 stores in five states, announced in a press release earlier today that it was buying three Genuardi’s supermarkets in Pennsylvania. The locations are Conshohocken, Doylestown and Norristown (Germantown Pike). No sale price was disclosed, and Weis said the stores would continue to operate as Genuardi’s while the deal was […]

DDR to help small businesses through new program

DDR, owner of more than 500 shopping centers in 41 states, Puerto Rico and Brazil, announced last week the launch of Set Up Shop, an incubation program for retailers. Through this new program, the company hopes it will help create a new generation of small-shop tenants for its centers. According to DDR’s press release, Set […]

Supervalu cutting 800 office positions this month

Less than a month after reporting a $750 million quarterly loss and having its Fitch Rating downgraded to B, Supervalu (Acme & Save-A-Lot in the Greater Philly market) announced yesterday that it would eliminate approximately 800 corporate and regional office jobs by February 25. The company is in the midst of a strategy to deliver […]

Giant buys two supermarkets in the Baltimore area

Giant said last week that it has reached an agreement with Natural Market Restaurant Group to buy two Fresh & Green’s stores in the Baltimore area. Both stores were among the eight Fresh & Green’s branded stores that Natural Market Restaurant Group bought from A&P last year. The transaction could close as early as tomorrow, […]

Golfsmith: 10 New Locations

  Golfsmith Planned New Store Locations In 2012: Cleveland, OH Washington DC metro area — 3 stores Chattanooga, TN Nashville, TN Atlanta, GA Baltimore, MD Christiana, DE San Antonio, TX Yahoo Finance Article Thanks to Dan Adamson or ROI Commercial in Las Vegas for providing the article.  ROI is an active member of the Anchor […]

Costco Looking Strong

I liked this article from Zacks Investment Research on Costco and their performance in 2011. Costco Wholesale Corporation ( COST ) has battled through a tough economy and exited 2011 boldly. The U.S. economy has been reeling under the ongoing financial crisis, whose rippling effects gradually engulfed the global market. Amid this turbulent environment, Costco has almost been able […]