hhgregg…10 More in South Florida
10 more hhgregg stores have opened in south Florida bringing the state’s total stores to 33. The store openings created approximately 600 new jobs. Market Watch Article hhgregg Announces the Grand Opening of Ten South Florida Stores Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced that it will officially Grand Open ten new […]
Dinner at a Movie?
While on tour last week with one of my clients in southeastern Pennsylvania, we took a tour of the new Movie Tavern in Providence Town Center in Collegeville. The movie theater had their soft opening and was preparing for the latest Harry Potter release and grand opening on Thursday night. The concept of having dinner […]
Five Below, Five in Detroit
The Philadelphia based retailer which started in 2002 will open 5 locations in Detroit. It appears Five Below is up to 140 stores in 13 states. See the rest of the article at BrightonPatch.com.
Target Going to Work in Canada
Walmart Canada Corp. has the most to lose when Target Corp. begins opening stores in Canada, according to the latest research on consumer loyalty. Target announced the first 105 proposed store leases that it was acquiring from Zellers. Earlier this year it paid $1.8-billion to Zellers owner Richard Baker for up to 220 […]
hhgregg Creating 700 New Chicago Area Jobs
hhgregg, Inc., a specialty retailer of consumer electronics, has announced that it will fill approximately 700 positions for 14 new stores scheduled to open in the area in fall 2011 as reported on istockanalyst.com. Article Link
Big Lots Getting Bigger
Shopping Center Business reported that Big Lots, which offers an extensive assortment of brand-name products, including home furnishings, seasonal items, housewares, toys and gifts at closeout prices, is opening a “lot” more stores in 2011, continuing a big push in new store growth from last year. Big Lots operates more than 1,400 retail stores serving 48 […]
Ross Dress for Less 1,000th Store
Congratulations Ross Dress for Less! Ross Stores will celebrate on July 16 the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif. Ross Stores’ announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy. […]
Did You Know So Many People Like to Bargain Hunt?
Retailers like Trader Joe’s, DSW, T.J. Maxx, Costco, BJ’s, and Dollar Tree lure you in to buy one thing, but then count on the impulse buy for unexpected treasures at bargain prices. Goodies at Trader Joe’s aren’t on most grocery lists, but they’re eye-catching enough to tempt shoppers into an impulse buy. At a […]
Petsmart & Petco Not Feeling the Heat from Discounters
The Wall Street Transcript, which publishes its Pets and Vets Report, recently interviewed Joan Storms, CFA. She is a sell-side Equity Analyst with 16 years experience covering specialty hardline retail companies. She has been at Wedbush Securities since 1999. During the interview she provided the following information. ********************************** The industry is highly fragmented. You have […]
BJ’s Goes Private
As reported in the bostonherald.com, BJ’s Wholesale Club has agreed to be sold to Leonard Green & Partners, a Los Angeles-based private equity firm, and go private in a deal worth $2.8 billion. bostonherald.com Article Link