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 October 9, 2017 //
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
Posted on September 19, 2017 //
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 September 8, 2017 //
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
Posted on September 1, 2017 //
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 August 18, 2017 //
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 July 21, 2017 //
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
Posted on June 29, 2017 //
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
Posted on June 29, 2017 //
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 May 5, 2017 //
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...]
