EQUITY RETAIL BLOG

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

Shop Kick Helping the Boxes

In the never ending fight to get customers in the store, retailers are using a relatively new iPhone and Android app called Shop Kick to generate customer trips. Shop Kick users get rewards when they walk into partner stores.  Check out this article and you may end up downloading the app.  However, some may end […]

Walmart Market posts 3% quarterly increase in comp sales

Wal-Mart announced that comparable store sales in the U.S. declined (again) in the second quarter of 2011, and overall U.S. sales were flat. However, comps for Walmart Market stores increased 3% from the previous quarter, prompting the mega-retailer to speed up the supermarket’s rollout. So far, the company has announced that about 180 Walmart Market […]

Investor interest in grocery-anchored centers is growing

According to a story in the Supermarket News last week, the president and COO of the country’s largest commercial real estate valuation firm said investor interest is growing in grocery-anchored shopping centers. Jeffrey Rogers of Integra Realty Resources expects anchor tenants to regain strength and small shop leasing to increase in neighborhoods that are showing […]

Wakefern member says profit margins are one percent

Village Super Market Vice Chairman Bill Sumas told The Baltimore Sun recently that his stores, which are part of the Wakefern cooperative, operate on a one percent margin. At the same time, he credited his family’s involvement in the company as well as the economies of scale Wakefern offers as the reason they keep “moving […]