Best Buy Closing Stores
Best Buy plans to close 50 of its stores (Approx. 3.6%), eliminate 400 corporate jobs, and reduce costs by $800 million. Business Week Article
Modell’s Going for 5 More NYC Stores
They are going toe to toe with the competition….See The Real Deal article for more. Fresh off opening three metro-area stores this month, sporting good retailer Modell’s is planning to add five New York City stores this year, Crain’s reported, as the family-owned store tries to keep its expanding rivals at bay. “We want to […]
Cabela’s Trying Smaller Space
Cabela’s is best known for their massive super stores. Now, they are trying 40,000 SF Outpost stores in markets with less than 250,000 people. They plan to open 5 in 2012 and 3 in 2013. Market Watch Article
Top Brands of 2012
Interbrand has released its top brands of 2012. 5 out of the top 10 are anchors. The link below will allow you to download the full report. Check it out… Interbrand Report Interbrand Releases 13th Annual Best Global Brands Report Coca-Cola, Apple and IBM lead Interbrand’s 13th annual Best Global Brands report. While Coca-Cola retained […]
Golfsmith: 10 New Locations
Golfsmith Planned New Store Locations In 2012: Cleveland, OH Washington DC metro area — 3 stores Chattanooga, TN Nashville, TN Atlanta, GA Baltimore, MD Christiana, DE San Antonio, TX Yahoo Finance Article Thanks to Dan Adamson or ROI Commercial in Las Vegas for providing the article. ROI is an active member of the Anchor […]
Costco Looking Strong
I liked this article from Zacks Investment Research on Costco and their performance in 2011. Costco Wholesale Corporation ( COST ) has battled through a tough economy and exited 2011 boldly. The U.S. economy has been reeling under the ongoing financial crisis, whose rippling effects gradually engulfed the global market. Amid this turbulent environment, Costco has almost been able […]
New Store Announcements (December & January)
December & January New Store Announcements: Books A Million – Mays Landing , NJ Buybuy Baby – Jacksonville, FL – 25,000 SF Cabela’s – Snohomish County, WA Costco – Augusta, GA Costco – Sarasota, FL Dick’s Sporting Goods – Bluffton, SC – 30,000 SF Dick’s Sporting Goods – Portage MI HHGregg – Greenfield, WI Hobby […]
Macy’s ‘Trading Cards’
A friend of mine in the business once referred to a retailer’s opening and closing of stores as ‘trading cards’. In order to survive in any climate, retailers seem to always be ‘trading cards’ in an ongoing attempt to achieve that perfect combination of stores. It’s when retailers stop trading cards that we should be […]
Sears Holdings Store Closings
Here is the link for the Sears Holdings list of store closings….. Closings Stores To date, Sears has only provided 79 of the 100-120 closing stores. Sears releases partial list of store closings Sears Holdings has released a partial list of the Sears and Kmart stores set to close as a result of […]
Sears Holdings Closing 100-120 Stores
It appears to be finally happening. After poor holiday sales Sears Holdings will close 100-120 stores. The list of stores has not yet been released. MSNBC Article Sears Holdings Press Release Sears, Kmart to shut 100-120 stores Sears Holdings on Tuesday reported a sharp drop in holiday sales compared to a year ago, and […]