EQUITY RETAIL BLOG

Hurricanes increase wine sales, not kiosks

Before we get to the hurricane, let’s talk about the wine kiosks… According to a special performance audit by PA Attorney General Jack Wagner, the Liquor Control Board’s wine kiosk program has fallen short of established goals. Currently there are 22 kiosks operating in supermarkets owned by Giant Eagle, Giant Food Stores, ShopRite, The Fresh […]

Whole Foods opens first membership-only wellness club

Back in February we learned that Whole Foods was planning to open Wellness Clubs in select stores. Last week, USA Today reported that the first club opened in Dedham, MA, and additional sites are coming soon at Whole Foods locations in Princeton, Manhattan (Tribeca), Chicago and Oakland. The membership-only clubs will cost $45 per month plus […]

New Store Announcements - Week of 8/22/11

Week of 8/22/11 Burlington Coat – Philadelphia, PA Burlington Coat – Royal Palm Beach, FL, 70,000 SF buybuy Baby – Inland, CA Christmas Tree Shops – Wallkill, NY Costco – Warminster, PA Giant Foods – Philadelphia, PA hhgregg (14 stores) – Chicago Region, IL Hobby Lobby – Salisbury, MD, 56,800 SF Home Goods – Tinley […]

Giant, Super Fresh and Bottom Dollar open in Philadelphia

In the last month, Giant, Super Fresh and Bottom Dollar have opened stores in Philadelphia. The Giant and Super Fresh stores are especially noteworthy. The new Giant location, which opened in Northeast Philadelphia in late July and measures 74,000 square feet, is the company’s first foray into the city. Developer Peter Abrams told the Philadelphia Inquirer […]

Books-A-Million Buys 14 Borders Leases

Borders buys 14 Borders leases for $934,209.  Some of the locations include, ME, OH, NH, and NJ. Bloomberg Article Books-A-Million has agreed to acquire 14 Borders leases for a total of $934,259, provided that a deal can be concluded by August 30. In a motion filed with the bankruptcy court, BAM said that “time is […]

Target Takes Aim at Walmart, With Some Success (NPR)

This brief NPR article is an interesting account of how Target is seemingly gaining over Walmart.  Adding groceries seems to be paying off for Target while Walmart is showing signs of being very susceptible to the ‘paycheck cycle’.  Target has also lowered prices and successfully instituted a customer loyalty credit/debit card. NPR Article

21 Stores for Toys R Us in 2011

Toys R Us is scheduled to open 21 new stores this year and remodel 23. L.A. Times Article Crainsnewyork.com reported that The Wayne, N.J.-based company will have 43 superstores nationwide by the end of 2011. Crain’s Article

Is Whole Foods a takeover target?

There are often rumors about Whole Foods taking over retail space. Now there is chatter about someone else taking over Whole Foods. In a recent LiveTradingNews.com story, Paul A. Ebeling, Jr. mentioned that the U.K.’s Daily Mail singled out Kohlberg Kravitz Roberts & Co. and Bain Capital as private equity firms that may have an interest. The […]

New Stores During the Week of 8/15/11

Week of 8/15/11 The following is an unscientific list of new stores that I noticed while researching for the blog.  Congrats Burlington Coat! Babies R Us/Toys R Us – Indio, CA, Relocation (25 jobs) Burlington Coat Factory – Columbus, GA, 70,000 SF Burlington Coat Factory – Benton Township, MI, 60,000 SF Burlington Coat Factory – Pearland, […]

Double Decker Walmart-Sam's Club

Walmart is trying something new in Dallas….Walmart on the top floor, Sam’s Club underneath, and a three level parking garage.  Less land, more synergy, one stop shopping.  KDAF-TV Article