EQUITY RETAIL BLOG

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

Retailers on Fortune's Top 50 Most Admired Companies

Congrats to McDonald’s, Walmart, Starbucks, Nordstrom, Target, Costco, Best Buy, Yum Brands, and  Lowe’s.   About.com Link

Eagleville, PA store is fifth Genuardi's to close this year

The Genuardi’s supermarket at Ridge Pike Plaza in Eagleville, PA (Montgomery County) is closing on October 8 after a 38-year run. According to reports, the lease was up and is not being renewed. The closing represents the fifth Genuardi’s store to shut down this year. Ridge Pike Plaza is owned by Kimco Realty. The Genuardi’s space is approximately 37,000 square […]

Genuardi's rumored to sell some stores to Giant

According to the Supermarket News, a source from the Greater Philadelphia area said California-based Safeway may be close to a deal to sell some Genuardi’s locations to Giant. The source told the Supermarket News reporter that Safeway officials were conducting inventory and equipment evaluation at some Genuardi’s stores this week. Safeway and Ahold USA representatives […]

Peapod by Giant online grocery shopping to serve Greater Philly

Ahold, the international retailer that owns Giant Food Stores, announced earlier this week that starting this Friday, Peapod will offer service to Philadelphia and Delaware counties, as well as the southern portion of Montgomery county. Peapod is an Internet-based home shopping and grocery delivery service. Customers will be able to order groceries online through Peapod.com […]

New Store Openings During Week of 9/12 & 9/19

  The following is a list of new stores that were announced in various articles I found while researching for my blog.   New Store Openings – Week of 9/12/11 & 9/19/22 Bed Bath & Beyond – Duluth, MN BJ’s Wholesale Club – Northborough, MA BJ’s Wholesale Club – Port Orange, FL, 86,000 SF Burlington […]

Hobby Lobby to Millville's Cumberland Crossing

See the following article on Hobby Lobby’s new location in  Millville, NJ Vineland Daily Journal Article