Walgreens Secures Regulatory Clearance to Purchase 1900 Rite Aid Stores

Article Originally Posted on Walgreens.com | September 19, 2017 View Article Here       DEERFIELD, Ill., 19 September 2017 - Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced today that it has secured regulatory clearance for an amended and restated asset purchase agreement to purchase 1,932 stores, three … [Read more...]

Shoe Carnival Inc. (SCVL) Stock Skyrockets on Q2 Earnings Beat

Posted on InvestorPlace.com | August 31, 2017 View Original Article Here     Shoe Carnival, Inc. (NASDAQ:SCVL) stock was flying high on Thursday following positive results in its earnings report for the second quarter of 2017.   Shoe Carnival, Inc. reported earnings per share of 24 cents in the second … [Read more...]

Chinese Cross-Border Investment Pull-Back Filled by Canadians

Reported by ConnectMedia CRE | August 31, 2017 View Original Article Here     The volume of Chinese real estate investment in the U.S. ebbed during the first half of 2017, though Canadian investors reclaimed the lead as the largest source of cross-border investment capital. RCA’s latest report of capital flows showed … [Read more...]

Retail Sales Rebound in July, Up 3.5 Percent Over 2016

Posted on NRF.com | August 15, 2017 View Original Article Here   WASHINGTON – Retail sales in July increased by 0.6 percent over June on a seasonally adjusted basis, triple the revised 0.2 percent growth seen in June, according to calculations released today by the National Retail Federation. Sales increased by 3.5 percent … [Read more...]

The demise of brick-and-mortar retail has been greatly exaggerated

Posted on RetailCustomerExperience.com | July 11, 2017 Written by Ifti Ifhar, CEO, ComQi View Original Article   There's been no end of stories lately about retail store closures, layoffs and bankruptcies, but the real story isn't about physical retail dying. It's about evolution — and that outlook is very … [Read more...]

Walgreens, Rite Aid Call Off Merger, Forge Acquisition Deal

Published on GlobeSt.com | June 29, 2017 Written by Paul Bubny View Original Article Here     Nearly 2,200 Rite Aid locations will make the transition to the Walgreens brand, with the stores coming into the Walgreens Boots Alliance fold on a phased basis.   DEERFIELD, IL—Walgreens Boots Alliance Inc. and Rite Aid … [Read more...]

Staples in $6.9 Billion Sale to Private Equity Firm Sycamore

Published on New York Times | June 28, 2017 Reporting by Lauren Hirsch in New York; Editing by Andrew Hay and Bill Trott View Original Article Here     (Reuters) - Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this … [Read more...]

Camping World snaps up bankrupt Gander Mountain

Posted on Retail Dive | May 1, 2017 Link to Article     Camping World Holdings, Inc., an Illinois-based network of RV-centric retail locations and a provider of a portfolio of services, protection plans, products and resources for outdoor enthusiast, won the bankruptcy auction of Gander Mountain Company and … [Read more...]

Facing Headwinds, Retail Real Estate Development Activity Remains Muted

Retail development remains at about half the pace of the previous market peak.   Posted By National Real Estate Investor Online | April 20, 2017 Written/Reported By Diana Bell View Original Article Here   Swamped by a deluge of retail bankruptcies, restructurings and resizings over the past two years, and experts … [Read more...]

Walgreens, Rite Aid Forced to Amend Their Merger as New Administration Takes Over

Posted on Costar.com | January 30, 2017 By Mark Heschmeyer | View Original Article Here     Not having their hopes fulfilled that their $17.2 billion merger would win approval before President Obama left office, Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Rite Aid Corp. (NYSE: RAD) extended their agreement to give new … [Read more...]