Walmart Hitting the Gas with ‘Neighborhood Market’
As reported on icsc.org, Walmart announced plans to nearly double the number of its Neighborhood Market supermarkets over the next three years. At present, the company operates 185 of these stores, including 30 in Puerto Rico under the Amigo banner. Walmart executives say, but the 42,000-square-foot Neighborhood Market stores will help revitalize same-store growth […]
There’s a Tenant for That Space
The spaces formerly occupied by retail heavyweights including Circuit City, Linens ‘n Things and Borders are now welcoming sellers of discounted designer jeans, used video games and surplus merchandise. Many of these new stores moving in trumpet terms such as “off-price,” “discount” and “value” in their slogans. Stores including Big Lots, Ross Dress for Less, […]
Staples is the Next to Step Down Store Size
Staples U.S. president Demos Pareros said new stores will be about 15,500 sq. ft. to 16,000 sq. ft., down from the current prototype of 18,000 sq. ft (Source: Chain Store Age) Chain Store Age Story
Target to Open in Central PA
Target to open in Hanover PA according to the York Dispatch. ***************************** Two more restaurants will soon vie for their shares of the crowded dinner lines at Hanover area eateries, and the sated restaurant-goers can follow dinner with a shopping trip to a new Target store. The retailer is the first store expected to be […]
Dick’s Going For It
It’s good a retailer is expanding! Dick’s Sporting Goods steps up pace of expansion Dick’s Sporting Goods is stepping up the pace of its expansion, but the company’s chief executive says it’s not yet time to follow the National Hockey League and Major League Baseball across the northern border. “Our expansion will be in the […]
Gap Having Second Thoughts
It appears Gap will be retrenching… http://www.bizjournals.com/phoenix/morning_call/2011/06/gap-closing-200-stores.html Gap to Slash Its Store Count Gap Inc. GPS 0.09% plans to shut more than a fifth of its Gap stores in North America over the next two years, a comedown for the struggling retailer and a stark symbol of the way the tepid recovery and rise of online shopping have altered […]
Remodels and Reporting…Both are Changing
More Remodels and Less Reporting http://www.dispatch.com/live/content/business/stories/2011/06/19/retailers-regroup-for-recession-retaliation.html?sid=101
Get ready Pittsburgh…..hhgregg
hhgregg is coming! http://www.twice.com/article/469922-hhgregg_Begins_Pittsburgh_Push.php HHGREGG opening The Indianapolis-based electronics and appliance chain HHGREGG is opening four stores in the Pittsburgh market next week with grand openings in June. In addition to North Fayette, hhgregg will have stores in Cranberry, West Mifflin and Wilkins.