OReilly sales up, stocks rally as company opens 5,000th store

Article Featured on News-Leader.com | October 26, 2017 View Original Article Here     O'Reilly Automotive stock rallied midday Thursday as the market responded to the company's reported third-quarter earnings.    O'Reilly's third-quarter comparable store sales increased by 1.8 percent for the three months … [Read more...]

Walgreens to shutter 600 stores

Article Posted on DrugStoreNews.com | October 25, 2017 View Original Article Here   Walgreens to shutter 600 stores by next spring as part of Rite Aid purchase     DEERFIELD, Ill. — Walgreens Boots Alliance expects to shutter about 600 stores in the wake of its purchase of 1,932 stores from rival Rite … [Read more...]

These Businesses Are Still Immune to Amazon

Posted on Quartz (qz.com) | October 15, 2017 View Original Article Here     It feels like nothing is safe from Amazon.   On Friday (Oct. 13) Bloomberg reported that Amazon was getting into sportswear. The company signed on a vendor that produces clothing for Gap, Uniqlo, and Kohl’s to make private-label … [Read more...]

Albertsons to sell 71 owned stores in sale-leaseback

Posted on Supermarketnews.com | October 2, 2017 View Original Article Here   Photo Source: Columbian.com     Albertsons Cos. said Friday it had a made a deal to sell 71 owned stores to a real estate investor and subsequently lease them back.   The deal with CF Albert LLC would raise approximately $720 … [Read more...]

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...]