EQUITY RETAIL BLOG

Supervalu to decide whether to sell or spin Save-A-Lot

Supervalu announced last month that it is preparing to explore an outright sale of the Save-A-Lot discount grocery chain, rather than spin it off as a separate unit. According to published reports, the company has received interest from several private equity firms, and has told them it will consider offers in early 2016. Waiting until […]

Natural Grocers continues growth in Western U.S.

Natural Grocers, a specialty retailer that offers natural and organic groceries and dietary products, announced last month that it plans to add 23 new stores in fiscal 2016. The company currently has 106 stores in 18 states. The easternmost locations are in Minnesota, Missouri and Arkansas. All other locations are further west.

Bridgestone Matching Icahn Offer for Pep Boys

Bridgestone Corp. increased its offer for auto parts retailer Pep Boys, the companies announced late Friday afternoon, matching the price offered by activist investor Carl Icahn.

Cheltenham Mall Gets a New Life

‘Warmer’ look, new name for Cheltenham Mall Developers presented a more refined plan for remaking the Cheltenham Mall on Monday, an open-air mix of stores and restaurants with glass facades, some brick and metal trim. “We’re trying to work with a combination of materials to give it a warmer look,” architect Jerry K. Roller told […]

Bass Pro Enters Connecticut

Bass Pro Enters Connecticut – Chain Store Age Article

Home Depot & Lowes: Strong Performance

Forbes Article A housing recovery may be keeping home improvement retailers like The Home Depot insulated from the problems plaguing other retail stocks. The Home Depot reported third quarter net income as $1.7 billion, or $1.35 per share, up a whopping 17.4 percent, from a year ago. Total sales were up 6.4% to $21.8 billion year-over-year. These earnings were in line with […]

REI Closed on Black Friday

Forbes Article Black Friday Disrupter: REI Goes Retail Rogue Black Friday has become a tradition to kick off the holiday shopping season. And, it’s all about the money. It’s about customers saving money and retail stores offering great deals to increase their sales. It’s a tradition to kick off the holiday shopping season. With so […]

BJs Wholesale Coming to Summerville, South Carolina

GBT Realty Corp. will develop a new BJs Wholesale Club in Summerville, S.C. The $12 million development is situated on a 10.5-acre site at the southeastern corner of Interstate 26 and North Main Street. The 87,800-square-foot membership warehouse club will feature a BJ’s gas station and is expected to open in late 2016. Construction is […]

Lidl CEO confirms "several dozen" stores coming to America in 2018

Lidl CEO Sven Seidel recently told a German newspaper that “the United States are a strategic market for us. We will launch there with several dozen stores.” Seidel said stores would open in Virginia, North Carolina, South Carolina, Maryland and Washington DC. According to regional real estate brokers, deals have also been made in Pennsylvania. […]

Kroger to expand to Wisconsin and Illinois with Roundy's purchase

Kroger announced last week that it would buy Roundy’s Supermarkets for $800 million. Roundy’s stores are in Wisconsin and Greater Chicago, markets Kroger doesn’t currently have a presence in. Kroger, already the largest conventional supermarket chain in the U.S., will add 151 stores and 101 pharmacies to its roster. In addition to Roundy’s, the banners […]