EQUITY RETAIL BLOG

Privatization of liquor sales would create opportunity for supermarkets

According to multiple reports, PA House Majority Leader Mike Turzai has introduced a bill that would result in the auctioning off of the state’s 600 liquor stores and the sale of additional liquor licenses. A debate is raging among State House leaders over Turzai’s bill (HB 11) and whether or not it makes financial sense. […]

Target Doing Grocery

As we all know in Pennsylvania, New Jersey and Delaware, Target is expanding its grocery format at many of its stores.   In St. Louis, Target is also making the move to convert stores.  Adding the expanded grocery (“PFresh”) is not to be confused with the SuperTarget format, which is substantially bigger.  However, I know […]

Kansas & Cabela's

Cabela’s is coming to Kansas in the Spring of 2012.  Site work has begun on their new 80,000 SF location in Wichita.   According to the Wichita Eagle (See article below), the new store is expected to attract between 800,000 and 1,000,000 million visitors each year. The company is utilizing smaller prototypes to get closer […]

Shoe Carnival Into Montana

Shoe Carnival is entering Montana with its first store.  One is already open in Wyoming and there are more to come in the north and west.  The company is up to 314 stores in 30 states. The Montana store is responsible for 25 new jobs. Shoe Carnival is currently operating in western and central Pennsylvania. […]

Bottom Dollar confirms 14 stores for Pittsburgh

Rumors have swirled about Bottom Dollar’s expansion to Pittsburgh (see my July 11 blog post: Bottom Dollar planning at least 9 stores in Pittsburgh), and now Delhaize America has confirmed it, according to a report in the Supermarket News. Bc The store, founded in 2005 in North Carolina, now has 47 locations in five states. The […]

IKEA to Open First Colorado Store

IKEA will open its first Colorado store on July 27.  The store is in Centennial and is 415,000 SF.  It is the 38th in the United States and the 324th in the world.   Denver Business Journal Article

Wegmans tops per store sales in Philly market, ShopRite and Giant also strong

I’ve written before about the wealth of information in the June issue of Food Trade News, which includes Publisher Jeff Metzger’s annual Market Study. It’s 100 pages of Elias Sports Bureau-type information; just substitute food retailers for professional sports leagues. An interesting stat to me is sales per store. Much has been written in the […]

Signs of Walmart Express

There will soon be six drug store sized Walmart Express stores in the country. Genty, AR Prairie Grove, AR Albemarle, NC Midway, NC Ridgefield, NC Chicago, IL The Walmart Express concept allows the discount giant to enter markets where they can’t otherwise open a larger store.  Thus far, Express stores appear to be carrying merchandise […]

Cabela's Opening Second Canadian Store

As reported in the Edmonton Journal, Cabela’s will open in Edmonton on August 4.  This area already boasts a strong customer following for the company. The only other Canadian store is in Winnipeg, but spokesman John Castillo said Cabela’s (CAB:NYSE) plans to expand across Canada, starting in Edmonton and Saskatoon next spring.   With its […]

Borders is Done....

Borders will likely face a sale to liquidators after the last interested party declined to bid on the failed retailer.   Liquidators led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC were made the opening bidders for the auction. The deadline for bids passed on 7/17 without any offers. 12 stores are in […]