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Off-Price Grocery Chain Hopes To Raise $100M With IPO, Open 2,000 More Stores
News

Off-Price Grocery Chain Hopes To Raise $100M With IPO, Open 2,000 More Stores

... customers, it said in its SEC filing. With over 300 stores spread among California, Oregon, Washington, Idaho, Nevada and Pennsylvania ... believes it can deliver 30 in 2019. As department and apparel stores have suffered from e-commerce siphoning off their ...

May 16, 2019
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Sears Emerges From Bankruptcy With New, Much Smaller Stores
News

Sears Emerges From Bankruptcy With New, Much Smaller Stores

... gotten its second chance, and the department store giant is going lower case ... locations for its new Sears Home & Life stores in Overland Park, Kansas, Lafayette, Louisiana, ... Life concept started in four pilot stores from Pennsylvania to Hawaii that only sold ...

May 28, 2019
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GNC
News

GNC To Ax Nearly 900 Stores, Many In Malls

... negative trends in traffic that we've seen in mall stores over the past several years [have] accelerated during the past ... . Malls in many markets are taking a beating, especially as department store anchors fail. The Orchards Mall in Benton Harbor, Michigan ...

Jul 23, 2019
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Dollar General
News

Dollar General Plans Nearly 1,000 New Stores Next Year, Including More Produce Offerings

... earnings call on Tuesday. "So having those opportunities to put stores ... with a produce selection in the areas that are more ... traffic that way," Vasos said. According to the U.S. Department of Agriculture, 23.5 million Americans live in food deserts ...

Dec 06, 2018
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Sears
News

Four Retailers That Could Benefit From Shuttered Sears Stores

... benefit most from the department store chain's downfall. With an estimated 80% of U.S. Sears stores being situated within 15 ... spot to collect customers that were previously devoted to the department store. They also offer much of the same product, ...

Feb 13, 2018
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Regional Grocery Chain Shopko Files For Bankruptcy, To Close 105 Stores
News

Regional Grocery Chain Shopko Files For Bankruptcy, To Close 105 Stores

... of the ongoing wave of retail closures is not a department store, but a regional grocer. Green Bay, Wisconsin-based ... of its Shopko Optical locations that are currently within larger stores, turning them into stand-alone locations, Forbes reports. Shopko' ...

Jan 22, 2019
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A-List Celebrity Stores Boost Retail Center Traffic, But Landlords Proceed With Caution
News

Celebrity-Backed Stores Can Be A Double-Edged Sword For Retail Landlords

... like Charlize Theron strut through Versailles in ads wooing department store customers to buy the latest Christian Dior perfume; ... the ongoing migration of digitally native brands into physical stores. Landlords are proceeding with caution. “It would take ...

Dec 13, 2018
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Macy's To Add 60 Stand-Alone Stores For Cosmetics Retailer Bluemercury
News

Macy's To Add 60 Stand-Alone Stores For Cosmetics Retailer Bluemercury

... expansion is estimated to increase Bluemercury's footprint to 220 stores, and not simply by shoring up its presence in major ... even its own leadership, stands in stark contrast to its department store competitors like Bon-Ton, which folded earlier this year ...

Jul 03, 2018
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CVS Pharmacists
News

UPDATE: Justice Department Approves $69B CVS-Aetna Merger That Will Turn Its Stores Into Medical Hubs

... analyst Vishnu Lekraj said the company will need to revamp stores to better accommodate clients and make room for its new ... expand. I think they will have to look at their stores and redo them. They haven’t come out with an ...

Dec 05, 2017
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Mall Owners Lose Again As Bon-Ton Prepares To Liquidate Assets, Close All Stores
News

Mall Owners Lose Again As Bon-Ton Prepares To Liquidate Assets, Close All Stores

... department store brands such as Carson's, Younkers and Bergner's, will close all of its 200-plus stores ... changing tides of retail, Bon-Ton stores often were paired with Sears locations in ... are also exposed to Bon-Ton stores, CNBC reports. Some mall owners will ...

Apr 19, 2018
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