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
JAB Buying Panera Bread
JAB has a controlling interest in Krispy Kreme and ownership interest in Keurig Green Mountain, Peet’s Coffee & Tea, Caribou Coffee, and Einstein Bagels. Forbes.com Article USA Today Article Panera Bread being sold to Krispy Kreme owner The owner of a chain known for making a guilty pleasure, sugary Krispy Kreme doughnuts, is buying another […]
Internet Immune….or “Less Immune” Retail
Creating this list was an exercise I thought worth the time and effort. I wondered what a comprehensive list of Internet immune, or should I say “less immune”, retail looked like in today’s world. For this effort, I did not include restaurants. We all need to be cognizant of who we represent, the tenants we call […]
Kohl’s Opening Stores
Kohl’s opening stores. Old stores about 100k SF. New stores about 70k SF. Online sales flat where Kohl’s stores closed. Kohl’s online sales increased 12% last year. PYMNTS.com: Kohl’s Bucks The Trend; Gears Up To Open More Stores
American Retail at a Historic Tipping Point
New York Times: Is American Retail at a Historic Tipping Point? I enjoyed this article as it helps tell today’s retail story better than many of the articles I have read. American retail is changing and evolving. To many people, in the segments most affected, it may seem like the sky is falling. However, […]