Walmart to Streamline Business by Closing Express Stores

Published By | January 19, 2016 Written By Zacks Equity Research,   View Original Article   The largest global retailer Wal-Mart Stores Inc. (WMT) has been facing severe challenges since the last few quarters and showing signs of acute weakness. Amid the weak scenario, the retailer plans to close 269 … [Read more...]

FTC Rejects Staples-Office Depot Deal Without a Counteroffer

Posted on Bloomberg Business | By David McLaughlin December 21, 2015   View Original Article Here     Staples Inc. will have to do more to smooth government opposition to its proposed takeover of Office Depot Inc. after the U.S. rejected its latest attempt to win antitrust approval.   Staples offered to … [Read more...]

Rite Aid Buy Makes Ripples in NNN Market

Posted 11/3/2015 | By Brian J. Rogal View Original Article Here CHICAGO—The recent decision by Walgreens to buy Rite Aid for more than $9.4 billion in cash will set off ripples in the market for triple net lease properties. Drug stores like these are among the most popular options for investors, but the uncertainty … [Read more...]

Walgreens Likely To Go on Real Estate Diet if Deal for Rite Aid Wins Approval

Published on | October 28, 2015 Written by Mark Heschmeyer View Original Article Here   Rite Aid Accepts $17.2 Billion Buyout Offer from Walgreens Boots Alliance, Execs See $1 Billion in Cost Savings   The newly announced merger agreement between Walgreens Boots Alliance Inc. and Rite Aid Corp. has the potential … [Read more...]

Dollar Store Sector Cashes In

Published by NREI Online | Dated Sept. 17, 2015 Written By Jennifer Duell Popovec View Article Here   The expansive growth the dollar store segment has experienced over the past decade will likely continue for the next several years, according to management teams from the largest dollar store chains. With few exceptions, these … [Read more...]

Grocery Outlet Bargain Market to open 14 Southern California locations

Published on San Gabriel Valley Tribune | Dated Sept. 15, 2015 Written by Kevin Smith View Article Here Southern California’s supermarket industry is about to get a new player.   Grocery Outlet Bargain Market announced Tuesday that it plans to open 14 stores in the greater Los Angeles area beginning in December — a move that … [Read more...]

Dollar General Plans to Open 13,000 New Stores by 2020

Published by | September 15, 2015 Article written by Kathleen Wong View Original Article Here     In the wake of the Dollar Tree/Family Dollar merger, Dollar General looks like it wants to play, too. The budget-priced company wants to open 13,000 new stores by 2018 with 40% to 45% in rural or satellite-city … [Read more...]

Cap Rates for Dollar Stores Keep Sinking

Posted on | By Brian J. Rogal Published September 3, 2015 View Article Here CHICAGO—The economic recession may have hit middle-market stores hard, but outlets serving cost-cutting consumers thrived, and competition among investors to buy up the nation’s supply of dollar stores has continued to heat up, according to a new … [Read more...]

Expert Says Zero Cash Flow Triple Nets is the Next Big Play

Featured on | By Benjamin Mazzara Published September 4, 2015 View Article Here Investors have been very interested in the safe returns of the net lease sector, but zero cash flow triple nets—a special loan that falls under the 467 IRS code where the rent from the tenant equals the loan payment, creating a zero net income and … [Read more...]

Petco Files for IPO

Market Watch | by Jeremy C. Owens Published August 17, 2015 Petco Holdings Inc. filed Monday for an initial public offering, which would be the third in the past three decades for the pet-focused retailer. The San Diego-based chain last left the public markets in a $1.8 billion leveraged buyout in 2006 by Leonard Green & Partners and … [Read more...]