EQUITY RETAIL BLOG

Lowe's Closing 20 Underperforming Stores, Future Growth Limited

Lowe’s will be closing 20 underperforming stores in 15 states.  Future growth will include approximately 10 to 15 new stores per year rather the anticipated 30 stores.  See the Lowe’s press release for a list of towns where the stores will close. Market Watch Article Lowe’s Press Release

Super Giant Food Store for sale in Willow Grove

The Giant Food Store in Willow Grove, a 123,000 square foot property, is listed for sale at $24.6 million. The store has 20 years remaining on its lease, which is guaranteed by Giant’s parent company, Ahold. The store was built in 2007 on the site where Home Depot used to be. Marcus & Millichap Real […]

Ross Best Relative Performance

Ross is on top as far as relative performance is concerned.   Financial News Network Online Article

Walmart Comp Sales Down 9 Straight Quarters

How do you raise your stock price?  Answer: Increase same store sales.   In the face of stiff competition, Walmart is adding new products to the stores, working with different prototypes and shipping online purchases to the stores.  The question still looms.  Will it work?  Reuters Article

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 […]