EQUITY RETAIL BLOG

Lands End Separated From Sears Holdings

Sears Holdings has officially separated Lands End. Press Release Link Sears Holdings Corporation (NASDAQ: SHLD) today announced that its pro-rata spin-off of Lands’ End, Inc. (“Lands’ End”) from Sears Holdings closed on April 4, 2014. Lands’ End has now been separated from Sears Holdings and its common stock is expected to begin regular-way trading on the Nasdaq […]

Update: Proposed Hamilton Crossings (Allentown/Trexlertown)

See the following Morning Call article giving an update on the proposed Hamilton Crossings in the Allentown/Trexlertown area. Morning Call Article

Wegmans On Top

Consumer Reports just found Wegmans to be the number one grocery store. Democrat & Chronicle Article Wegmans Food Markets has been ranked as the No. 1 supermarket in the country by customers in the latest Consumer Reports survey. The Gates-based grocer edged out Trader Joe’s, Publix, Costco, Sprouts, Tops Markets and 49 other grocery stores. More than […]

Shoe Carnival Opens 2 Stores in Detroit

Business Tribune Article Family Footwear Retailer Shoe Carnival Announces 10 New Stores in 8 Cities The popular family footwear retailer is putting their best foot forward this month as they announce the grand opening of 10 new stores in 8 different cities all opening their doors this March 2014. Shoe Carnival is excited to add […]

Cabela's to Continue Expansion

14 new stores in 2014…with more to come. Omaha.com Article

The Fresh Market to limit expansion to existing markets

The Fresh Market announced earlier this month that they plan to increase penetration in existing markets while slowing the pace of expansion in new markets. The company also announced the upcoming closures of four stores, three in Sacramento, CA and one in Houston, TX. The Fresh Market, which operates more than 150 stores nationwide, entered […]

Cerberus to merge Albertsons with Safeway in $9 billion deal

AB Acquisition, an investor group led by Cerberus Capital Management, agreed to purchase Safeway yesterday for $9 billion, or $40 per share. The transaction is expected to close by the end of the year. Cerberus plans to fund the acquisition, which is being called an Albertsons – Safeway merger, with debt financing of about $7.6 […]

Report says Kroger may be disrupting Safeway-Cerberus deal

3/7/14 Update: Cerberus to merge Albertsons with Safeway in $9 billion deal In contrast to my post on Tuesday that said Kroger may work with Cerberus to take some Safeway stores the private equity firm might not want if they were to buy Safeway (Kroger could be a player in Safeway sale), a story in […]

Major supermarket chain rumored to be looking in Center City Philly

Philadelphia Inquirer Reporter Joe DiStefano reported last week that “real estate people say a major supermarket chain has lately been scouting sites for new Center City stores.” DiStefano lists possible locations as the Gallery at Market East, the Girard Block redevelopment proposed for 11th-12th Streets, Market-Chestnut, and Bart Blatstein’s Broad and Washington retail site.

Bozzuto's deal with Baltimore supermarket may lead to more Mid-Atlantic distribution

Bozzuto’s officials believe their new relationship with Baltimore-based retailer Mars Super Markets can help the distributor expand in the Mid-Atlantic states, according to a story last week in Supermarket News.  Mars operates 17 stores in the Baltimore area, and the new deal may allow Bozzuto’s to compete more directly with the Associated Wholesalers Inc. (AWI) cooperative. According to […]