EQUITY RETAIL BLOG

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 […]

Kroger reports 30 consecutive quarters of sales increases

Kroger, the nation’s largest traditional grocery retailer (Kroger, Ralph’s, Fred Meyer and many more brands), reported total sales, including fuel, increased 11% to $27.5 billion in the first quarter of fiscal 2011 as compared to the same period last year. Total sales excluding fuel were up 4.8%. Perhaps even more remarkable is the fact that […]

It's Gettin' Real in the Whole Foods Parking Lot

I feel it’s my responsibility to share this video with my peeps. Whole Foods Parking Lot from djdave Peace out.

Grocery prices are up, but spending is down

According to the semi-annual Acosta Sales & Marketing report titled “The Why Behind the Why,” average monthly spending on groceries is 7% less than it was one year ago. This spending decrease is despite the fact that grocery prices are higher than they were in 2010. Other report findings include the following:   Americans spend […]

Update: Judge approves sale of most Maryland Super Fresh stores

I’ve blogged a couple times about the sale of 12 Super Fresh stores in Maryland and the issues some landlords have with the sale (June 10 – More hurdles in the sale of Mid-Atlantic Super Fresh stores; May 31 – Landlord objects to Super Fresh sale to Green’s Natural Market). On Tuesday, the judge in A&P’s bankruptcy […]