The Story of Casual Dining Restaurants
I liked this article because it simply is a good, current accounting of where the casual dining industry stands. Morning Call Article If I start reading an article and find myself continuing, especially to the end, I imagine you might appreciate it as well. Let me know if we can ever lend a hand in […]
Toys R Us Files for Bankruptcy
As anticipated, Toys R Us ultimately filing for bankruptcy. The Economist Article Toys R Us files for bankruptcy Ask young American parents about Toys R Us and they are likely to be able to sing a jingle from their childhood: “I don’t wanna grow up, ’cause maybe if I did, I couldn’t be a Toys […]
The New World of Banking
As Bank Branches Shrink, Closures Cause Shopping Centers to Rethink How Real Estate Space is Filled By Natalie Kostelni A little more than 10 years ago, Lower Providence got a rare chance to redefine a prominent intersection at Pawlings and Egypt Roads. The construction of a 4,100-squre foot Commerce Bank would anchor a […]
Wireless Stores, Fitness, & Discount Apparel Expanding
CoStar Article Some of the following are mentioned in the article. Others, we just added to the list for your reference. Wireless AT&T Boost Cricket MetroPCS Sprint T-Mobile Verizon Fitness Anytime Crunch Edge LA Fitness Life Time Fitness Maxx Fitness Orange Theory Planet Retro Snap Title Boxing UFC Gym Apparel Discounters Boscov’s Burlington HomeGoods Marshalls […]
Why Whole Foods Is Saving Amazon—Not the Other Way Around
I enjoyed this article because it’s an insightful explanation of why Whole Foods’ brick and mortar presence is so valuable to an online company like Amazon. With the vast majority of retail sales still occurring in physical stores, it’s critical for online retailers to understand the physical in addition to the digital. They are related […]
Why Was PetSmart Interested in Chewy.com?
PetSmart, the nation’s largest pet-supplies retailer, has agreed to acquire Chewy.com, the market’s No. 1 online retailer. The combination of Phoenix-based PetSmart, with 1,500 stores nationwide, and Chewy, based outside Miami, will enhance both companies’ reach, the companies said Tuesday. The acquisition, which is subject to customary regulatory approvals, is expected to close this summer. […]
LIDL Opens First Store
Virginia Beach, VA Supermarket News Link Hundreds of shoppers were waiting in a line that circled the parking lot early Thursday morning in Virginia Beach, Va., when Lidl US opened the doors and let them in. As they filled their carts with 89-cent pineapples, 83-cent eggs and $19.99 kettle grills they may also have been […]
Amazon Buying Whole Foods
Hot off the presses…..$13.7 Billion The online retail giant announced Friday that is buying organic grocery chain Whole Foods (WFM) for $13.7 billion in cash. The deal values Whole Foods at $42 a share, 27% higher than where the stock was trading Thursday. Amazon (AMZN) said Whole Foods stores will continue operating under that name as a separate unit […]
73 New Stores for PetSmart Opened in Last Year (FY2016)
PetSmart opened 73 new stores in fiscal 2016. ICSC Article
Box & Junior Box Tenants are Back-Filling Space
This article is simply a pragmatic view of the vacancies in the retail world, who’s failing, and who is backfilling those empty spaces. Some very good basic statistics are provided, including a chart which concurrently shows, space supply, demand and vacancy. CoStar Article