EQUITY RETAIL BLOG

New Store Announcements - Week of 8/8/11

The following were a list of stores that were mentioned in articles throughout the week.  Last week TJX Companies (TJ Maxx, Marshalls, HomeGoods) had the most stores announced.  This week Kohl’s is the winner.  Week of 8/8/11 Cabela’s – Wichita, KS, 80,000 SF Hobby Lobby – Wallkill, NY (30-50 jobs) Kohl’s – Williamsport, PA (130 […]

Walmart: Trying to Generate More Sales

Three new moves Walmart is implementing to generate more sales… 1, Walmart Express – 15,000 SF 2. Remodel all stores by 2012 3. Walmart To Go – Online grocery delivery service with minimum $49 order ($5 fee) Forbes Article In the past few quarters, Wal-Mart has struggled to lift its same-store sales despite new initiatives like Project Impact in […]

Walmart Express Under Construction in North Carolina

A new Walmart Express is under construction on the east coast in Greene County North Carolina. News 12 Link

Petco Going Smaller with Unleashed

Petco has a smaller concept called Unleashed that takes approximately 4,000-5,000 square feet. The Unleashed concept is smaller than the typical Petco store and specializes in natural, organic, and higher end products. One of the latest locations will open in Severna Park, MD. Severna Park Patch Article Unleashed Web Site

Liberty Media Bidding for Barnes & Noble

As reported earlier this year, Liberty Media has made a $1 billion ($17 per share) offer to acquire approximately 70% of Barnes & Noble.  According to the Wall Street Journal, Liberty is through the due diligence phase of their financial data analysis and now working on arranging financing for the transaction. Liberty owns QVC and […]

New Store Announcements - Week of 8/1/11

  The following is a list of new stores that were mentioned in articles throughout the week or are occurring in the Philadelphia area:   Big Lots – Livermore, CA Big Lots – Abilene, TX Office Depot – Brownsville, TX, 18,000 SF Cabela’s – Tulalip, WA (200 jobs) Cabela’s – Charleston, WV Carmike Theaters – Pottstown, PA Costco – […]

Best Buy Express Growing

Best Buy Express, the self-serve, kiosk is adding approximately 100 locations in the next year.  The company has placed at least 150 in the last three years.  This concept is yet another example of how the traditional bricks and sticks retailers are shrinking their prototypes while trying to generate sales through other channels. Reuters Article

Ross Dress for Less: 12 Chicago Stores

As reported in the Chicago Tribune, Ross Dress for Less to open 12 stores simultaneously on October 8 in the Chicago area.   Ross is creating approximately 600 jobs. Chicago Tribune Article Ross Dress For Less To Enter Greater Chicago Area Ross Dress for Less®, the nation’s largest off-price apparel and home fashion retailer with […]

A&P scrapping low price project, seeking more time to reorganize

A&P says their effort to introduce everyday low prices at its A&P, Super Fresh and Waldbaums stores didn’t resonate with consumers and hurt profits. Therefore, the “Lower Price Project” launched in March 2010 that replaced discounts and coupons by establishing lower everyday prices on 10,000 items, has been scrapped. A&P has been operating under Chapter […]

Wawa signs leases, plans to enter Florida market

According to the Orlando Business Journal, Wawa has signed “more than 10” leases in the Orlando, Florida market, and the retailer has indicated it will open as many as 100 stores in the state. According to a Wawa regional real estate manager, site work on the first set of stores will begin in the next […]