EQUITY RETAIL BLOG

Bottom Dollar celebrates first birthday in Greater Philly

It was one year ago (October 8, 2010) that Food Lion opened its first area Bottom Dollar store in King of Prussia, PA. Since then, 21 more Bottom Dollar stores in the Greater Philadelphia market have opened. In that same time period, many companies, including Supervalu (Acme), Safeway (Genuardi’s) and A&P (Pathmark, Super Fresh) have […]

BJ's Not Going West

It appears that BJ’s plan for at least the next five years will focus on growth in the existing core markets. Learn More at the Boston Herald

Is Home Depot's Stock Cheap?

The Motley Fool helps us to analyze Home Depot and how it stacks up to its competition and other big boxes over the past five years and the coming five years using growth, P/E Ratio, EV/FCF Ratio, Net Income Margin, and Cash Flow Margin.   The Motley Fool

Friendly's files for bankruptcy, closes 63 stores

Friendly Ice Cream Corp., which began in 1935 as a neighborhood ice cream shop and grew to more than 600 restaurants, filed for bankruptcy protection yesterday and immediately closed 63 stores. Thirty of the closed stores are in the company’s home state of Massachusetts. Three stores closed in the Greater Philadelphia area (Trenton, Doylestown and […]

Home Depot's Free Cash Flow (FCF)

Back when the economy really started to change, I recall Home Depot being one of the first anchors to pull back on new store expansion, so I have kept somewhat of a watchful eye on them.  The article below is a very basic view into the Free Cash Flow (FCF) of the company and how […]

A&P reports big loss while ShopRite, Fresh Grocer win awards

A&P (Super Fresh, Pathmark) reported last week that it posted $528 million in sales and lost $34.4 million during the four-week period that ended on August 13. The loss for the previous four-week period was $15.6 million on sales of $558 million. The company, which was incorporated over 110 years ago, filed for bankruptcy protection […]

Kohl's Opens 30 Stores in 20 States

The following press release provides a good run-down on Kohl’s today.  Most importantly, on September 28 Kohl’s opened 30 stores and created approximately 4,000 jobs across the country.  In 2011, the company has also remodeled approximately 100 stores, which is an 18% increase over 2010.   Market Watch Article

Family Dollar plans 450-500 new stores in 2012

Family Dollar, which operates over 7,000 stores nationwide, said it plans to open 450 – 500 new stores in fiscal 2012. The Charlotte, NC-based company posted a strong profit in its most recent quarter and cited high demand for food and other essentials as big factors in both its quarterly results and future growth plans. […]

New Store Announcements, Week of 9/26/11

  I haven’t seen or heard much from Dick’s or Sports Authority in the last few months.  However, this month seems to be the exception.     New Store Announcements – Week of 9/26/11 buy buy  Baby – Farmington Hills, MI, 29,000 SF Dick’s – Broken Arrow, OK Dick’s – Yonkers, NJ Dick’s – Norcross, […]

BJ's Acquisition Completed

The acquisition to acquire BJ’s Wholesale Club and take it private is complete.   Bloomberg Business Week Article