EQUITY RETAIL BLOG

There's a Tenant for That Space

The spaces formerly occupied by retail heavyweights including Circuit City, Linens ‘n Things and Borders are now welcoming sellers of discounted designer jeans, used video games and surplus merchandise. Many of these new stores moving in trumpet terms such as “off-price,” “discount” and “value” in their slogans. Stores including Big Lots, Ross Dress for Less, […]

Staples is the Next to Step Down Store Size

Staples U.S. president Demos Pareros said new stores will be about 15,500 sq. ft. to 16,000 sq. ft., down from the current prototype of 18,000 sq. ft (Source: Chain Store Age) Chain Store Age Story

Target to Open in Central PA

Target to open in Hanover PA according to the York Dispatch.  ***************************** Two more restaurants will soon vie for their shares of the crowded dinner lines at Hanover area eateries, and the sated restaurant-goers can follow dinner with a shopping trip to a new Target store. The retailer is the first store expected to be […]

Walmart Express debuts in Gentry, Arkansas

Recently Walmart unveiled the first of their Walmart Express stores to the press. According to reports, this Gentry, AK store actually looks like a smaller version of Walmart’s 180,000 square foot store, even though it’s only 15,000 square feet. The store has exposed pipes and yellow walls, carries about one-tenth of what a superstore carries, but […]

Dick's Going For It

It’s good a retailer is expanding! Dick’s Sporting Goods steps up pace of expansion Dick’s Sporting Goods is stepping up the pace of its expansion, but the company’s chief executive says it’s not yet time to follow the National Hockey League and Major League Baseball across the northern border. “Our expansion will be in the […]

Gap Having Second Thoughts

It appears Gap will be retrenching… http://www.bizjournals.com/phoenix/morning_call/2011/06/gap-closing-200-stores.html Gap to Slash Its Store Count Gap Inc. GPS 0.09% plans to shut more than a fifth of its Gap stores in North America over the next two years, a comedown for the struggling retailer and a stark symbol of the way the tepid recovery and rise of online shopping have altered […]

Remodels and Reporting...Both are Changing

More Remodels and Less Reporting http://www.dispatch.com/live/content/business/stories/2011/06/19/retailers-regroup-for-recession-retaliation.html?sid=101

Get ready Pittsburgh.....hhgregg

hhgregg is coming! http://www.twice.com/article/469922-hhgregg_Begins_Pittsburgh_Push.php HHGREGG opening The Indianapolis-based electronics and appliance chain HHGREGG is opening four stores in the Pittsburgh market next week with grand openings in June. In addition to North Fayette, hhgregg will have stores in Cranberry, West Mifflin and Wilkins.

The Lehigh Valley grocery scene continues to evolve

One might think that a drive up north to the Lehigh Valley would alleviate the grocery schizophrenia we experience in the Philadelphia market. Not so. Apparently, Lehigh Valley consumers need a scorecard – not to mention a pencil with a good eraser – to keep track of the industry players and their comings and goings. Coming: […]

Aldi to open 80 stores in the U.S. this year

Aldi says it will open 80 stores this year, which will give the German company more than 1,200 stores in the United States. (By comparison, Save-A-Lots’ goal is 2,400 stores by 2015.) The typical Aldi store is between 11,000 and 17,000 square feet, and that shouldn’t change much in the near future.   However, they […]