EQUITY RETAIL BLOG

Dinner at a Movie?

While on tour last week with one of my clients in southeastern Pennsylvania, we took a tour of the new Movie Tavern in Providence Town Center in Collegeville.  The movie theater had their soft opening and was preparing for the latest Harry Potter release and grand opening on Thursday night. The concept of having dinner […]

Five Below, Five in Detroit

The Philadelphia based retailer which started in 2002 will open 5 locations in Detroit.  It appears Five Below is up to 140 stores in 13 states. See the rest of the article at BrightonPatch.com.

Target Going to Work in Canada

Walmart Canada Corp. has the most to lose when Target Corp. begins opening stores in Canada, according to the latest research on consumer loyalty.   Target announced the first 105 proposed store leases that it was acquiring from Zellers.   Earlier this year it paid $1.8-billion to Zellers owner Richard Baker for up to 220 […]

Six "traditional" supermarkets among Top 20 U.S. Retailers

The National Retail Federation released its annual Top 100 Retailers list, and Wal-Mart remains at the top by a comfortable margin (nearly four times the annual sales of the #2 retailer). As usual, traditional supermarkets made a strong showing, taking six of the top 20 spots. It wasn’t supermarkets, though, that caused much of the […]

Bottom Dollar planning at least 9 stores in Pittsburgh

The Pittsburgh Tribune published a story last week about Bottom Dollar’s expansion to the Pittsburgh market. According to the story, nine stores are in the works (or thought to be, anyway) for the area. If the growth of stores in Philadelphia is any indication, the number could rise quickly. At this time last year we […]

Target reports double digit grocery comps

Lat week Target reported that comparable year-on-year store grocery sales for June were up in the mid-teens. A couple months ago, the mega-retailer reported comparable grocery sales for April increased by 30%. As for overall store sales in June, the increase was 4.5%. In the Northeast, comparable store sales in June were “positive but softer […]

hhgregg Creating 700 New Chicago Area Jobs

hhgregg, Inc., a specialty retailer of consumer electronics, has announced that it will fill approximately 700 positions for 14 new stores scheduled to open in the area in fall 2011 as reported on istockanalyst.com. Article Link

Big Lots Getting Bigger

Shopping Center Business reported that Big Lots, which offers an extensive assortment of brand-name products, including home furnishings, seasonal items, housewares, toys and gifts at closeout prices, is opening a “lot” more stores in 2011, continuing a big push in new store growth from last year. Big Lots operates more than 1,400 retail stores serving 48 […]

Ross Dress for Less 1,000th Store

Congratulations Ross Dress for Less! Ross Stores will celebrate on July 16 the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif.   Ross Stores’ announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy. […]

Did You Know So Many People Like to Bargain Hunt?

Retailers like Trader Joe’s, DSW, T.J. Maxx, Costco, BJ’s, and Dollar Tree lure you in to buy one thing, but then count on the impulse buy for unexpected treasures at bargain prices.   Goodies at Trader Joe’s aren’t on most grocery lists, but they’re eye-catching enough to tempt shoppers into an impulse buy. At a […]