Amazon Opening a Drive-Up Grocery Store?
Yes, you read correctly. Amazon could be rolling out its drive-up grocery concept in Sunnyvale, California. Silicon Valley Business Journal: Amazon planning drive-up grocery stores with the first likely coming to Sunnyvale
Dick’s Opening Women’s Apparel Chain
ICSC Article http://icsc.org/sct/newswire/dicks-sporting-good-launches-womens-specialty-chain Dick’s Sporting Goods Targets Women With New Store Concept Dick’s Sporting Goods announced this Monday that it’s launching a specialty women’s fitness and lifestyle boutique. The omnichannel sporting goods retailer is naming the stores Chelsea Collective after the diverse and eclectic Chelsea neighborhood in New York City. The first two Chelsea Collective stores […]
Gap Closing 175 North American Stores
Philly.com Article Gap to close 175 North American stores Gap (GPS) said Monday it will also close a “limited number” of Gap stores in Europe over the next few years. Store closures will only affect Gap stores, and not its other brands — Banana Republic, Old Navy, Intermix and Athleta — or its outlet and factory stores, […]
Target Express Proposed for 19th & Walnut in Philadelphia
Target Corp. will open in miniature at the Boyd Theater development site, tapping Center City’s growing base of workers and residents amid the retailer’s nationwide introduction of smaller shops tailored to urban storefronts. Philly.com Article
Shoe Carnival Has New Small-Market Store Format
The store would be about 5,000 SF. Courier & Press Article
Saladworks Acquired
Private equity bought the company out of bankruptcy. Restaurant News Article Saladworks has been acquired out of bankruptcy by Centre Lane Partners, a New York City-based private-equity firm, the company said Monday. Centre Lane agreed to pay $16.9 million for the 108-unit chain, including $15 million in cash and $1.2 million into a “brand development […]
Target Selling Pharmacy Business to CVS
Target selling pharmacy business to CVS for $1.9 billion http:// CircaNews Link CVS Health and Target Sign Agreement for CVS Health to Acquire, Rebrand and Operate Target’s Pharmacies and Clinics CVS Health Corporation (NYSE:CVS) and Target Corporation (NYSE:TGT) announced today that they have entered into a definitive agreement for CVS Health to acquire Target’s pharmacy […]
1,000 New Wendys by 2020
Wendys Co. plans to open 1,000 new units by the end of 2020, the company said Wednesday, as growing sales and higher profits encourage operators to expand. The vast majority of those new restaurants will be built by franchisees, as the system continues to shift to a more franchise-heavy model following the sale of 540 […]
Whole Foods New Smaller Concept
Check out this description of Whole Foods new smaller concept. philly.com Article Whole Foods Unveils Small-Concept Store Name, Negotiates NYC Leases for New 365 Brand Whole Foods Market has revealed the name of its new value-focused brand, 365 by Whole Foods Market, and in New York City, executives are in serious real estate negotiations for 365-branded stores […]
Toys R Us Might be Changing Up the Store Strategy
Struggling toy retailer Toys“R”Us Inc. appears to be shaking up its bricks-and-mortar strategy, adding play spaces to its stores and reportedly shuttering its iconic Times Square location. The Wayne, N.J.-based company has not confirmed the closure of the 110,000-sq.-ft. flagship store, but it has confirmed the lease expires in 2016 and that it’s evaluating options. Meanwhile, […]