CSA
What's in a name? Or maybe the question today is: How many dollars are in a name?. . . more
Wednesday, October 21, 2020
Parent company of Winn-Dixie, other grocery banners files for IPO
CSA
Southeastern Grocers is looking to join the public arena.. . . more
Southeastern Grocers is looking to join the public arena.. . . more
Lidl to install hospital grade air filters in all U.S. stores by yearend
CSA
Lidl US is upgrading its ventilation system to help stop the spread of COVID-19.. . . more
Lidl US is upgrading its ventilation system to help stop the spread of COVID-19.. . . more
True Religion exits bankruptcy — again
CSA
True Religion has emerged from Chapter 11 bankruptcy protection for the second time in less than three years. . . . more
True Religion has emerged from Chapter 11 bankruptcy protection for the second time in less than three years. . . . more
Amazon gearing up to expand Amazon Fresh stores
CSA
Amazon is bringing its new grocery store format Amazon Fresh to the suburbs of Chicago.. . . more
Amazon is bringing its new grocery store format Amazon Fresh to the suburbs of Chicago.. . . more
J.C. Penney expects to exit bankruptcy ahead of holiday season
CSA
J.C. Penney is inching closer to being acquired by mall giants Simon Property Group and Brookfield Asset Management. But a couple of potential roadblocks remain.. . . more
J.C. Penney is inching closer to being acquired by mall giants Simon Property Group and Brookfield Asset Management. But a couple of potential roadblocks remain.. . . more
Tuesday, October 20, 2020
Stein Mart's IP up for sale
CSA
As Stein Mart winds down its physical business in bankruptcy, its intellectual property is going up for sale. . . . more
As Stein Mart winds down its physical business in bankruptcy, its intellectual property is going up for sale. . . . more
Why the Fast-Food Dining Room Could Be a Thing of the Past
Restaurant Business
Is the fast-food dining room dead? Probably not. But the pandemic could well give rise to a new generation of restaurants that ditch indoor seating altogether.. . . more
Is the fast-food dining room dead? Probably not. But the pandemic could well give rise to a new generation of restaurants that ditch indoor seating altogether.. . . more
As Retail Shakeout Continues, Kohl’s Is Upping Its Shoe Game
Footwear News
As the pandemic continues to roil retail, Kohl’s is moving quickly to differentiate itself from rivals. A big focus? Upping its shoe game.. . . more
As the pandemic continues to roil retail, Kohl’s is moving quickly to differentiate itself from rivals. A big focus? Upping its shoe game.. . . more
Store closings slowed down in September and October
CSA
As COVID-19 cases scaled up during the month of May, 1,385 stores taking up 40 million sq. ft. closed for good in the United States.. . . more
As COVID-19 cases scaled up during the month of May, 1,385 stores taking up 40 million sq. ft. closed for good in the United States.. . . more
Strong non-store, grocery sales to drive holiday growth
CSA
Retailers should expect e-commerce to deliver the most cheer this holiday season. . . . more
Retailers should expect e-commerce to deliver the most cheer this holiday season. . . . more
Monday, October 19, 2020
Kelly’s Roast Beef Widens Scope for Expansion, Targeting Providence
Restaurant News
Earlier this year, iconic Boston staple Kelly’s Roast Beef announced the launch of its franchise opportunity, giving hopeful entrepreneurs the chance to open a Kelly’s in their very own communities.. . . more
Earlier this year, iconic Boston staple Kelly’s Roast Beef announced the launch of its franchise opportunity, giving hopeful entrepreneurs the chance to open a Kelly’s in their very own communities.. . . more
Nordstrom, Balsam Hill partner for in-store Christmas tree lots
CSA
Nordstrom partnered with Balsam Hill to create Christmas tree lots for holiday shoppers at 21 Nordstrom stores across 13 states, Balsam Hill announced on Tuesday. It's a first-time partnership for both companies.. . . more
Nordstrom partnered with Balsam Hill to create Christmas tree lots for holiday shoppers at 21 Nordstrom stores across 13 states, Balsam Hill announced on Tuesday. It's a first-time partnership for both companies.. . . more
5 retail holiday predictions for 2020
Retail Dive
2020 has been full of wild cards. In years past, forecasting for the last quarter of the season seemed, comparatively, like a much more straightforward effort.. . . more
Connecticut’s largest mall will live on, says owner
CSA
Following a Planning and Zoning Board vote that rejected Centennial’s plan to add luxury apartments to its Connecticut Post Mall in Milford, Conn., the fate of the state’s largest mall was in question. But there was no question about it in the mind of Centennial’s founder and CEO Steve Levin.. . . more
Following a Planning and Zoning Board vote that rejected Centennial’s plan to add luxury apartments to its Connecticut Post Mall in Milford, Conn., the fate of the state’s largest mall was in question. But there was no question about it in the mind of Centennial’s founder and CEO Steve Levin.. . . more
Walmart, Target, Sam’s Club, Nordstrom tops in contactless shopping experiences
CSA
Some retailers have adapted to the need to reimagine the customer shopping experience better than others.. . . more
Some retailers have adapted to the need to reimagine the customer shopping experience better than others.. . . more
P.F. Chang’s expanding new take-out concept
CSA
P.F. Chang’s is expanding its new format dedicated exclusively to take-out customers.. . . more
P.F. Chang’s is expanding its new format dedicated exclusively to take-out customers.. . . more
Flying Tiger Variety Store Closing UES Shop, All US Locations
Plain Vanilla Shell
The Danish home goods and toy store Flying Tiger Copenhagen is closing all of its U.S. locations, including a shop on the Upper East Side, the company announced this week.. . . more
Friday, October 16, 2020
IHOP Expands Franchisee Portfolio With Addition of Sun Holdings, Inc.
Restaurant News
IHOP® has expanded its franchisee portfolio with the addition of Suncakes, LLC , led by Guillermo Perales, through the acquisition of 41 IHOP restaurants. The restaurants, located in Tennessee, North Carolina, Virginia, and South Carolina, were previously owned and operated by CFRA Holdings and its affiliates and transferred to Suncakes, LLC in July 2020. Financial details of the deal will not be disclosed.. . . more
IHOP® has expanded its franchisee portfolio with the addition of Suncakes, LLC , led by Guillermo Perales, through the acquisition of 41 IHOP restaurants. The restaurants, located in Tennessee, North Carolina, Virginia, and South Carolina, were previously owned and operated by CFRA Holdings and its affiliates and transferred to Suncakes, LLC in July 2020. Financial details of the deal will not be disclosed.. . . more
ICSC sees 1.9% rise in holiday sales
Retail Dive
The main trade group for shopping centers has added its holiday forecasts to the pool, projecting a 1.9% rise in spending to $862.2 billion. . . . more
The main trade group for shopping centers has added its holiday forecasts to the pool, projecting a 1.9% rise in spending to $862.2 billion. . . . more
REI opens two pop-ups dedicated to used gear
CSA
REI Co-op is testing a new retail format as part of the expansion of its resale business. . . . more
REI Co-op is testing a new retail format as part of the expansion of its resale business. . . . more
Nordstrom removes BOPIS silos between banners
CSA
Nordstrom is turning its Nordstrom Rack off-price stores into one-stop online order pickup locations for all of its banners.. . . more
Nordstrom is turning its Nordstrom Rack off-price stores into one-stop online order pickup locations for all of its banners.. . . more
Thursday, October 15, 2020
Walgreens Q4 sales, earnings top Street; predicts 2021 profit growth
CSA
Walgreens Boots Alliance Inc. reported better-than-expected fourth-quarter earnings and sales even as the pandemic continued to cut into its income. . . . more
Walgreens Boots Alliance Inc. reported better-than-expected fourth-quarter earnings and sales even as the pandemic continued to cut into its income. . . . more
Sales rise at convenience stores, but not at the pump
CSA
In-store sales are up at convenience stores, but fuel sales continue to lag.. . . more
In-store sales are up at convenience stores, but fuel sales continue to lag.. . . more
Ascena moves to sell Justice tween brand for $35M
Retail Dive
Ascena Retail Group on Tuesday said it has an agreement to sell the intellectual property, e-commerce business and other assets of its Justice tween brand to Premier Brands Justice for $35 million, according to court documents filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.. . . more
Ascena Retail Group on Tuesday said it has an agreement to sell the intellectual property, e-commerce business and other assets of its Justice tween brand to Premier Brands Justice for $35 million, according to court documents filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.. . . more
Centric Brands exits bankruptcy
Retail Dive
Centric Brands has emerged from bankruptcy after filing for Chapter 11 in May. . . . more
Centric Brands has emerged from bankruptcy after filing for Chapter 11 in May. . . . more
Meijer continues expansion of its small-store grocery concept
CSA
Meijer has opened its third neighborhood market.. . . more
Meijer has opened its third neighborhood market.. . . more
Acme Markets to acquire 27 Kings Food Markets and Balducci’s Food Lover’s Markets
CSA
Acme Markets, a division of Albertsons Cos., is expanding its store footprint via an acquisition.. . . more
Acme Markets, a division of Albertsons Cos., is expanding its store footprint via an acquisition.. . . more
Bed Bath & Beyond in deal to sell Christmas Tree Shops
CSA
Bed Bath & Beyond Inc. has struck three separate deals as it continues to streamline its portfolio and shed its non-core businesses. . . . more
Bed Bath & Beyond Inc. has struck three separate deals as it continues to streamline its portfolio and shed its non-core businesses. . . . more
Tuesday, October 13, 2020
Home furnishings retailer Arhaus launches new store concept
CSA
Arhaus has unveiled a new format that specializes in interior design and customization services. . . . more
Arhaus has unveiled a new format that specializes in interior design and customization services. . . . more
Tropical Smoothie Cafe Continues Record Results in Q3
Plain Vanilla Shell
Tropical Smoothie Cafe, the franchisor of a leading national fast-casual concept known for its better-for-you-smoothies and food with a tropical twist, today announced continued record-setting results for Q3 with same store sales of +19.5 percent, and year-to-date same store sales of +3.4 percent.. . . more
Tropical Smoothie Cafe, the franchisor of a leading national fast-casual concept known for its better-for-you-smoothies and food with a tropical twist, today announced continued record-setting results for Q3 with same store sales of +19.5 percent, and year-to-date same store sales of +3.4 percent.. . . more
Holiday sales growth won't reach 2% this year, CBRE says
Retail Dive
As the pandemic's challenges continue, retailers will see modest sales growth of less than 2% year over year this holiday season, compared to 4.1% growth on average over the last decade, according to commercial real estate firm CBRE.. . . more
As the pandemic's challenges continue, retailers will see modest sales growth of less than 2% year over year this holiday season, compared to 4.1% growth on average over the last decade, according to commercial real estate firm CBRE.. . . more
Winn-Dixie opening four stores in November, with more to come
CSA
Winn-Dixie is expanding its store footprint in its home state.. . . more
Winn-Dixie is expanding its store footprint in its home state.. . . more
City votes down plan; Connecticut’s biggest mall may close
CSA
This mall doesn’t have to die,” Centennial CEO Steven Levin told the Planning and Zoning Board of Milford, Conn. at a meeting last week.. . . more
This mall doesn’t have to die,” Centennial CEO Steven Levin told the Planning and Zoning Board of Milford, Conn. at a meeting last week.. . . more
Batteries Plus Soon to Power Up 10 New Stores with Ongoing Development
Plain Vanilla Shell
Batteries Plus, the nation's largest and fastest-growing battery, light bulb, key fob and repair franchise, has announced five new signed franchise agreements, resulting in 10 new stores in development.. . . more
Batteries Plus, the nation's largest and fastest-growing battery, light bulb, key fob and repair franchise, has announced five new signed franchise agreements, resulting in 10 new stores in development.. . . more
Friday, October 9, 2020
Dollar General launches 'Popshelf,' a new concept store aimed at suburban women
Retail Dive
Dollar General is launching a new concept, dubbed "Popshelf," focused on seasonal, home decor and beauty products, as well as cleaning supplies and party goods. . . . more
Department stores' decade of decline
Retail Dive
The heyday is over. The question for department stores now is whether there will be a new day.. . . more
The heyday is over. The question for department stores now is whether there will be a new day.. . . more
Levi's expands Red Tab sales to 500 Target stores
CSA
Levi's this week said it is expanding sales of its premium Red Tab merchandise to 500 Target stores by the end of next year and has also returned its budget Denizen line to the mass merchant's racks. The Red Tab effort debuted a little over a year ago in about 50 Target stores.. . . more
Levi's this week said it is expanding sales of its premium Red Tab merchandise to 500 Target stores by the end of next year and has also returned its budget Denizen line to the mass merchant's racks. The Red Tab effort debuted a little over a year ago in about 50 Target stores.. . . more
Costco posts strong monthly sales — again
CSA
Costco Wholesale Corp.’s pandemic sales surge continued in September amid skyrocketing e-commerce growth.. . . more
Costco Wholesale Corp.’s pandemic sales surge continued in September amid skyrocketing e-commerce growth.. . . more
Target in holiday partnership with FAO Schwarz; will open NYC pop-up
CSA
Target Corp.’s holiday plans include its largest top toys list ever and a link-up with the country’s most iconic toy retailer.. . . more
Target Corp.’s holiday plans include its largest top toys list ever and a link-up with the country’s most iconic toy retailer.. . . more
Williams-Sonoma making some in-store changes for the holidays
CSA
Williams-Sonoma will be offering some new services this holiday season as it looks to protect the health and safety of its store employees and customers.. . . more
Williams-Sonoma will be offering some new services this holiday season as it looks to protect the health and safety of its store employees and customers.. . . more
Kroger puts a different spin on ‘ghost kitchens’ by opening two inside its stores
CSA
The Kroger Co. is diving deeper into on-demand delivery via in-store “ghost kitchens.” . . . more
Thursday, October 8, 2020
Showcase Cinemas Site Sale Pending: Amazon Mentioned as Possible Tenant
Revere Journal
An agreement has been reached between National Amusements, Inc. (NAI), owner of the Showcase Cinemas de Lux site in Revere, and Northbridge Partners, a Massachusetts based developer and investment firm, for the sale of the property whose connection to a movie-related business dates all the way back to 1948 when the former Revere Drive-In opened.. . . more
An agreement has been reached between National Amusements, Inc. (NAI), owner of the Showcase Cinemas de Lux site in Revere, and Northbridge Partners, a Massachusetts based developer and investment firm, for the sale of the property whose connection to a movie-related business dates all the way back to 1948 when the former Revere Drive-In opened.. . . more
Gen Z spending hits all-time low
Retail Dive
Self-reported teen spending has fallen 9% year over year and 5% since this past spring, to $2,150. . . . more
H&M integrates virtual assistant, live chat with Google services
CSA
In partnership with Nuance Communications, H&M is making its virtual assistant and live chat agents available via Google services like Google Maps and Google Search, Nuance announced on Tuesday.. . . more
In partnership with Nuance Communications, H&M is making its virtual assistant and live chat agents available via Google services like Google Maps and Google Search, Nuance announced on Tuesday.. . . more
Shoppers adjusting behaviors to avoid public restrooms
CSA
Restroom cleanliness is more important than for stores and restaurants.. . . more
Restroom cleanliness is more important than for stores and restaurants.. . . more
Wingstop is Approaching 1,500 Locations Across the Globe
Plain Vanilla Shell
Wingstop, seemingly unfazed by the COVID pandemic, reported preliminary U.S. same-store sales growth of 25.4 percent in Q3 and 43 net openings systemwide.. . . more
Shopkick: Halloween lives on with in-store shopping, trick-or-treating
CSA
This year’s Halloween festivities appear similar to years’ past — from trick-or-treating to shopping in stores —despite the pandemic.. . . more
This year’s Halloween festivities appear similar to years’ past — from trick-or-treating to shopping in stores —despite the pandemic.. . . more
Rite Aid to acquire Bartell Drugs for $95 million
CSA
Rite Aid is growing its presence in the greater Seattle area.. . . more
Rite Aid is growing its presence in the greater Seattle area.. . . more
Wednesday, October 7, 2020
17 retailers that could go bankrupt as the COVID-19 era wears on
Retail Dive
Retail bankruptcies may hit a painful high-water mark in 2020. Multiple analysts have noted filings are likely to reach their highest number in a decade. Some weeks during the summer brought multiple filings by major names in the industry. . . . more
Retail bankruptcies may hit a painful high-water mark in 2020. Multiple analysts have noted filings are likely to reach their highest number in a decade. Some weeks during the summer brought multiple filings by major names in the industry. . . . more
Department stores' decade of decline
Retail Dive
The heyday is over. The question for department stores now is whether there will be a new day.. . . more
The heyday is over. The question for department stores now is whether there will be a new day.. . . more
Blue Nile to Open 50 New Showrooms
Plain Vanilla Shell
At a time when many retailers are downsizing in the wake of COVID-19, Blue Nile is taking the road less traveled and plotting its expansion.. . . more
At a time when many retailers are downsizing in the wake of COVID-19, Blue Nile is taking the road less traveled and plotting its expansion.. . . more
Why a new digital edition of PlayStation 5 could change GameStop as we know it
CNN Business
Founded in 1984, GameStop is one of the oldest cornerstones of video game retail. But in 2020, it's facing big risks as the industry increasingly turns to digital.. . . more
Founded in 1984, GameStop is one of the oldest cornerstones of video game retail. But in 2020, it's facing big risks as the industry increasingly turns to digital.. . . more
Ruby Tuesday files for bankruptcy
WCVB
Casual dining chain Ruby Tuesday has filed for bankruptcy, overcome by the financial pressures brought on by the pandemic.. . . more
Casual dining chain Ruby Tuesday has filed for bankruptcy, overcome by the financial pressures brought on by the pandemic.. . . more
Ghosts, ghouls and social distancing: A fractured Halloween haunts Party City
Retail Dive
Halloween was a horror show for Party City last year. . . . more
Halloween was a horror show for Party City last year. . . . more
True Religion Apparel to exit bankruptcy
CSA
True Religion Apparel Inc. has gotten the green light for a reorganization plan that keeps more than half of its stores open.. . . more
True Religion Apparel Inc. has gotten the green light for a reorganization plan that keeps more than half of its stores open.. . . more
Tuesday, October 6, 2020
Macy's shoppers can buy now, pay later
CSA
Macy's is providing the ability to pay in four equal, interest-free installments at online checkout.. . . more
Macy's is providing the ability to pay in four equal, interest-free installments at online checkout.. . . more
Kroger, Ulta Beauty among participants in new retail holiday
CSA
U.S. retailers, brands, technology vendors, and other companies are preparing for the inaugural 10.10 Shopping Festival.. . . more
S&P Global Ratings sees slow recovery ahead for Neiman Marcus
Retail Dive
While Neiman Marcus Group has exited bankruptcy with lower funded debt, it nevertheless "faces a challenging path to recovery from the ongoing secular pressures that the COVID-19 pandemic has amplified," S&P Global Ratings analysts said Thursday.. . . more
While Neiman Marcus Group has exited bankruptcy with lower funded debt, it nevertheless "faces a challenging path to recovery from the ongoing secular pressures that the COVID-19 pandemic has amplified," S&P Global Ratings analysts said Thursday.. . . more
Done Deal: New York & Company sold
CSA
New York & Company has begun a new chapter under new owners —as a digital-only company.. . . more
New York & Company has begun a new chapter under new owners —as a digital-only company.. . . more
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