Friday, December 4, 2020

Jamba debuts autonomous smoothie kiosk in Walmart

Restaurant Dive
Just a few weeks after unveiling a Blendid smoothie-making robot at a Walmart in Fremont California, the retailer and AI startup have debuted another contactless alternative to smoothie bars that this time is co-branded with Jamba. . . more

Cyber Monday draws $10.8B in sales: Adobe

Retail Dive
Consumers spent about $10.8 billion online by the end of Cyber Monday, a 15.1% increase in online sales from last year, according to a report from Adobe emailed to Retail Dive. Mobile accounted for 37% of Cyber Monday sales, according to the report.. . . more

Pandemic tees up dollar stores for favorable post-crisis future

Retail Dive
Like most retailers, dollar stores saw traffic plummet early in the pandemic, but in recent weeks major players Dollar General, Dollar Tree and Five Below have all staged a comeback. . . more

L Brands on track to separate Bath & Body Works, Victoria's Secret in 2021

Retail Dive
L Brands plans a spinoff of its Bath & Body Works business some time next year, CEO Andrew Meslow said during a Morgan Stanley Virtual Global Consumer & Retail Conference Wednesday. . . more

Thanksgiving weekend spending trends

ICSC
Overall, 194 million U.S. adults shopped this past weekend from Thursday through Monday. . . . more

Michaels tops estimate as online surges; to pay holiday bonuses

CSA
The Michaels Cos. reported a better-than-expected third-quarter performance, driven by strong demand in its stores and online, where sales surged 128%. . . more

Express loss widens; cuts 10% of corporate staff

CSA
Express Inc. continues to struggle amid the pandemic. . . more

Thursday, December 3, 2020

Atlantic Retail and The Dartmouth Company Merge, to Operate Under Atlantic Retail Umbrella

Boston Real Estate Times
The partners of Atlantic Retail and The Dartmouth Company announced an agreement to join forces and operate under the Atlantic Retail umbrella with a focus on delivering real estate advisory services to tenants, landlords, developers, and investors throughout the East Coast and Southern California. . . more

Costco sales up 15.1% in November

CSA
Costco Wholesale Corp.'s sales continued to rise in November, but at a slightly lower pace than in the two previous months. . . . more

Yesway opens first store in its accelerated real estate and remodel push

CSA
Yesway is ramping up expansion. . . more

Walgreens ramps up VillageMD clinic rollout

CSA
Walgreens Boots Alliance is escalating its rollout of VillageMD health care clinics. . . more

Walmart+ becomes more like Prime with removal of shipping minimum

CSA
Members of Walmart’s paid membership program no longer have to spend $35 to get free shipping on non-grocery items. . . more

Men’s Wearhouse owner exits Chapter 11

CSA
Tailored Brands is ready for its next chapter. . . more

Pier 1 parent company buys SteinMart for $6 million; to relaunch online

CSA
The company that has been buying bankrupt brands has added another retailer to its growing portfolio. . . more

Wednesday, December 2, 2020

25,000 jobs at risk as Debenhams closure follows Topshop collapse

CNN Business
Debenhams, Britain's biggest department store chain, is permanently closing its UK operations.. . . more

Aldi Opens Third Store in Florida This Fall

Plain Vanilla Shell
Aldi revealed an all-out market blitz this fall, targeting Miami, Florida, as its next hub for aggressive expansion. Following the recent launch of stores in Kendall and Fort Lauderdale, Aldi is now opening a third Miami-based location in Princeton. . . . more

Stonewall Kitchen opens new store, cafe

CSA
Stonewall Kitchen has opened up shop in Boston. . . . more

Northeast supermarket operator personalizes customer promotions

CSA
The Golub Corp. is obtaining a single view of customers at its Price Chopper banner to tailor interactions across direct mail, weekly flyers, and digital/email programs.. . . more

Is America Yearning for American Dream?

CSA
The 2020 pandemic wore hard on American retail centers. They are now all trying to re-invent themselves as entertainment and dining centers. . . . more

J.C Penney to unveil new beauty concept

CSA
The news that Sephora plans to open hundreds of in-store shops at Kohl’s stores has brought a reaction from its longstanding retail partner, J.C. Penney. . . . more

Sephora to open hundreds of in-store shops at Kohl’s

CSA
Kohl’s Corp. is betting big on beauty — and Sephora. . . . more

Tuesday, December 1, 2020

Tropical Smoothie Café in store milestone

CSA
The pandemic has proved no match for Tropical Smoothie Café’s expansion. . . . more

Target shifts from Black Friday into Cyber Week

CSA
 Target is running its largest-ever Cyber Week digital sales event through Saturday, Dec. 5. . . . more

As JCPenney exits bankruptcy, its long-term outlook remains grim

CNN Business
JCPenney has survived to see its 119th holiday shopping season. How many more it has ahead of it is tough to say. . . . more

Best Buy tests limited SKUs on store floor to make space for fulfillment

Retail Dive
Best Buy is testing new store formats at four locations in Minneapolis as a proof of concept for stores as fulfillment hubs. The remodels limit SKU assortment on the floor to the most popular items and reduce shoppable area nearly by half, allowing space for pickup and ship from store, CEO Corie Barry said on the retailer's Q3 earnings call Tuesday. . . . more

Black Friday weekend breaks e-commerce records

CSA
Consumers may have avoided stores during Black Friday weekend, but they didn’t stop holiday shopping . . . more

In-store shopping on Black Friday down 52.1% year-over-year

CSA
Traffic plunged in stores on the official start of the holiday shopping season even as it set new records online. . . . more

Costco Eyes Florida and Tennessee for Expansion

Plain Vanilla Shell
While Costco has never been one to slow down, its expansion efforts have certainly sped up as of late. . . . more

Monday, November 30, 2020

Ann Taylor, LOFT and Lane Bryant sold to buyout firm for $540M

New York Post
Iconic women’s clothing brands Ann Taylor, LOFT and Lane Bryant will be bought out of bankruptcy by private equity firm Sycamore Partners, the companies said Thursday. . . . more

How Guitar Center went from jukebox hero to latest pandemic bankruptcy

Retail Dive
If it weren't for the Beatles, Guitar Center might still be the Organ Center.  . . . more

Black Friday 2020 online sales on pace to grow as much as 42%

Retail Dive
Early data from Adobe Analytics forecasts Black Friday online sales to hit between $8.9 billion and $10.6 billion, which represents growth of 20% to 42% year over year.  . . . more

Winners and losers of Black Friday 2020

Retail Dive
Black Friday 2020 was always going to be different. . . . more

Retailers jump on ‘buy now, pay later’ trend as holidays approach

CSA
Leading retail chains including Neiman Marcus, Saks Off 5th, GameStop, and Express are adopting various omnichannel flex payment platforms. . . . more

Dick’s Sporting Goods to launch new retail concept

CSA
Dick’s Sporting Goods is going all in on the outdoors and CEO Ed Stack is leading the charge. . . . more

In Mass., mall to be replaced by distribution center

CSA
Greendale Mall in Worcester could serve as the poster child for COVID-19’s acceleration of online shopping and demand for merchandise fulfillment services. . . . more

Wednesday, November 25, 2020

3 reasons why holiday toy sales will be huge this year

CNN Business
The pandemic and its accompanying recession could make for a very Grinch-y holiday season, but toy makers and industry analysts say there are several reasons to still expect presents under the tree, despite all the turmoil. . . . more

Burlington Beats Earnings Estimates But CEO Warns of ‘Uncertain and Unpredictable’ Times Ahead

Footwear News
Burlington Stores Inc. logged better-than-expected earnings and sales, but it sounded caution on the next quarter as rising COVID-19 cases across the country pose a threat to its business. . . . more

Best Buy posts 'blockbuster' Q3 with digital sales up nearly 175%

Retail Dive
Best Buy kept up its blazing pandemic-era growth through the third quarter, with U.S. sales up 21% year over year across the business to $10.9 billion. . . . more

ICSC: Shoppers to spend $470 during Thanksgiving weekend

CSA
Most (85%) shoppers expect to shop in the period that starts on Thanksgiving and ends on Cyber Monday.  . . . more

CSA Exclusive: Piercing Pagoda expanding as demand rises

CSA
The country’s largest specialty kiosk retailer sees plenty of opportunities to expand — even amid the pandemic. . . . more

Abercrombie to close more flagships; posts better-than-expected Q3

CSA
Abercrombie & Fitch easily topped Wall Street estimates for quarterly sales and earnings amid cost controls and strong online demand. . . . more

Dollar Tree in ‘very good start’ to holiday amid strong Q3; to renovate 1,250 stores

CSA
Dollar Tree reported third-quarter sales and earnings that beat estimates and sounded an upbeat note about the holiday season.  . . . more

Tuesday, November 24, 2020

The second Covid-19 spike is forcing retailers like Foot Locker to refocus on e-commerce

Plain Vanilla Shell
Foot Locker had a strong quarter, according to its latest earnings report released Friday morning. Over the three months ending on Oct. 31, the brand brought in $128 million in revenue, beating the $122 million it brought in during the same period last year by about 5%.. . . more

Sam's Club is putting robot janitors in all of its stores during the pandemic

CNN Business
Soon every Sam's Club will have a robot to scrub the store floors. . . . more

Court approves Ruby Tuesday's plan to sell itself

Restaurant Dive
On Friday, the U.S. Bankruptcy Court for the District of Delaware approved bidding procedures for the sale of Ruby Tuesday by RTI Holdings, the casual dining chain's parent company. This allows the company to seek a sale, according to court filings. . . . more

Ugg opens first flagship in NYC

Retail Dive
Ugg on Thursday announced that it opened its first flagship store at 530 Fifth Avenue in New York City, according to a company press release. . . . more

Why off-price won't change much, even after a pandemic

Retail Dive
In the last two decades, after more or less sailing through the Great Recession and despite going against the tide in e-commerce, off-price retail has seemed invincible. Consumers at all income levels flock to these stores, pawing through racks in search of marked-down treasure. . . . more

NRF: Holiday sales to rise 3.6% to 5.2% in ‘strong finish’ to 2020

CSA
The National Retail Federation issued an upbeat  holiday forecast despite the ongoing COVID-19 pandemic, citing a strong stock market, rising home values and record personal saving rates. . . . more

Guitar Center files for bankruptcy as it looks to reduce debt

CSA
Guitar Center has filed for Chapter 11 bankruptcy protection with plans to reduce its debt by $800 million. . . . more

Monday, November 23, 2020

Zaxby's looks to go national as Goldman Sachs buys 'significant' stake

CSA
Goldman Sachs Merchant Banking Division will acquire a significant stake in Zaxby's, according to a press release.  . . . more

Pandemic revs up drive-thru design innovations

Restaurant Dive
In 2017, Arby's realized its production line was no longer working. Its menu had grown complex with the addition of new proteins and having sandwiches done in one station was creating too much crossover and opportunities for error, John Kelly, Arby's chief operating officer, said. . . . more

Caleres to close 133 Naturalizer stores in shift to digital

Retail Dive
Shoe seller Caleres plans to close 133 stores under its Naturalizer women's footwear brand by the end of fiscal 2020 and pivot to a digital model in response to consumer trends. . . . more

Williams-Sonoma crushes estimates as sales soar 22.4%

CSA
Williams-Sonoma is heading into the holidays on the heels of a strong third quarter, fueled by record sales at its namesake brand and as consumers continue to spend on all things related to the home. . . . more

Ahold Delhaize to acquire Fresh Direct

CSA
Ahold Delhaize is putting money behind its promise to boost its omnichannel presence in the U.S. . . . more

7-Eleven expands new store format

CSA
7-Eleven has opened the fifth location of its new “evolution” store concept.  . . . more

Sbarro’s Comeback Centers on the Impulse Pizza Buyer

Plain Vanilla Shell
Sbarro CEO David Karam said the brand’s intention has never been to exit malls, its primary domain for decades. . . . more

Thursday, November 19, 2020

Rockefeller Center intros six-month lease deals for retailers

CSA
Real estate researcher CoStar this week reported that sublease space in the second quarter reached 157 million sq. ft. or 1.7% of the total office inventory. That’s also creating availability in retail spaces in urban centers like New York City, where Rockefeller Center is doing something about it. . . . more

Forever 21 streamlines, safens online checkout

CSA
Online Forever 21 shoppers will have access to single-click checkout, among other new payment-related features.. . . more

This is what the KFC of the future will look like

WCVB
Kentucky Fried Chicken is the latest fast food chain to redesign its restaurants for the COVID-19 era, with a revamp that emphasizes the drive-thru and limits human contact.. . . more

TJX Q3 tops expectations; to roll out e-commerce for HomeGoods

CSA
The TJX Cos. reported third-quarter sales and earnings that beat the Street and said it plans to reinstate its quarterly dividend payment. . . . more

Target in blowout quarter; cites ‘unprecedented’ market share gains

CSA
Target Corp. reported a blockbuster quarter that easily outpaced Street estimates as the discounter continues to leverage and benefit from pandemic-related shopping trends. . . . more

Retail entrepreneurs buy twice-bankrupt RadioShack with plans for online revival

Fox Business
Two entrepreneurs who have been collecting fallen retail brands during the coronavirus pandemic are taking over the reins of RadioShack, acquiring the nearly century-old gadget seller's brands and online business. . . . more

Macy's reports 20% fall in comparable sales, eyes surging virus cases

Fox Business
Macy's Inc reported a more than 20% drop in quarterly comparable on Thursday and said it expects that to continue into the fall season, signaling a tough holiday season for the coronavirus-battered department store chain. . . . more

Wednesday, November 18, 2020

Mapping the rise of ghost kitchens

Restaurant Dive
Are ghost kitchens on their way to becoming a mainstream channel? What risks come with the opportunity they promise? Restaurant Dive aims to answer these questions and more in a six-part series. . . . more

Kohl's disappoints in Q3 despite location advantage

Retail Dive
Kohl's on Tuesday reported that total third quarter revenue fell 14% year over year to $3.98 billion. Digital sales rose 25% in the period, according to a company presentation. . . . more

Best Buy powers up same-day delivery with Instacart

CSA
A consumer electronics giant is joining the growing range of non-grocers to collaborate with online delivery platform Instacart. . . . more

Claire’s to drive new store growth with location-based analytics

CSA
Claire’s Stores Inc. will develop customized sales forecasting models to help make real estate decisions. . . . more

Walmart sales, earnings top estimates as online sales surge 79%

CSA
Walmart Inc. reported another strong quarter as its e-commerce sales continued to soar amid the pandemic.  . . . more

Amazon shakes up pharmacy landscape with launch of online prescription service

CSA
CVS Health and Walgreens are already feeling shock waves from the opening of Amazon’s new online pharmacy. . . . more

Locations of 99 Restaurant & Pub in Braintree and West Concord to Close

Boston Restaurant Talk
A family-friendly chain of restaurants with local roots will be closing two locations in the Greater Boston area. . . . more

Tuesday, November 17, 2020

Chick-fil-A goes modular with offsite restaurant rebuild

Restaurant Dive
Last month, Chick-fil-A opened its first restaurant built with a modular construction process, with help from Conyers, Georgia-based modular builder Frey-Moss Structures. . . . more

Dillard's surprises with Q3 profit despite women's apparel slump

Retail Dive
Dillard's on Thursday reported that total third quarter retail sales (excluding its construction business) fell about 25% year over year to $994.6 million, with home and furniture significantly outperforming other categories and women's apparel sales "significantly below trend." . . . more

Taubman agrees to discount, clearing path to Simon merger

Retail Dive
In a reversal of its attempt to nix its deal to acquire smaller rival Taubman, Simon Property Group is set to take over some of the most productive mall properties in the U.S., widely seen as key to thriving in a new retail environment. . . . more

Tailored Brands looks to exit bankruptcy later this month

Retail Dive
Tailored Brands won court approval for its plan to reorganize in Chapter 11 bankruptcy after filing in August, the company said in a press release. . . . more

Francesca's to close 140 stores by end of January

CSA
Francesca's Holdings Corp. is considering its options, including bankruptcy. . . . more

Stop & Shop Among Supermarket Chains Planning To Offer Coronavirus Vaccines In Pharmacies

CBS Boston
Quincy-based Stop & Shop has signed on to be among the first pharmacies in the country to administer future coronavirus vaccines when one is authorized by the FDA.  . . . more

Retailers urging holiday shoppers to start early to limit crowd size

Boston 25 News
You may have noticed the holiday shopping season already underway. Retailers are urging people to shop earlier to help alleviate crowds during the last-minute rush. Inside Neatly Nested in South Boston, customers were getting a jump on the holiday rush. . . . more

Monday, November 16, 2020

Guitar Center to file for bankruptcy

Retail Dive
Guitar Center plans to file for Chapter 11 and be out by the end of the year, the retailer said in a press release.. . . more

Teens to do some shopping in store this holiday season, according to survey

CSA
Teens are not abandoning retail stores when it comes to holiday shopping. . . . more

Home Depot in $8 billion deal to acquire national distributor

CSA
In a homecoming of sorts, The Home Depot will acquire a unit it sold some 13 years ago. . . . more

Friday, November 13, 2020

Anchors, away: How department stores are ditching malls

Retail Dive
When department stores took their cavernous stores with their varied assortments, savvy buyers and attentive associates to the mall decades ago, it was a win-win. The retailers could more easily reach all the customers who were filling up the suburbs, and the malls could chase that footfall up and down their corridors and into their smaller inline specialty tenants. . . . more

CBRE predicts 20% reduction in total U.S. retail square footage by 2025

CSA
The year 2021 will see a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back from the pandemic-induced recession. . . . more

Walmart goes all in for pets, complete with insurance

CSA
Walmart is expanding its pet business to tap as the market for pet supplies and pet care continues to grow.. . . more

Thursday, November 12, 2020

Here's what the Taco Bell of the future will look like

CNN Business
Taco Bell's newest restaurant design emphasizes the drive-thru and limits human interaction, making it more suitable for the coronavirus era. . . . more

Online shopping surge could lead to holiday delivery delays

WCVB
Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays.. . . more

McDonald’s pilots faster ordering, payment solutions at drive-thru

CSA
Drive-thru is already a streamlined way of picking up fast-food orders, but McDonald’s wants to digitally increase the convenience factor.. . . more

Chipotle holds the dining room in new digital-only store concept

CSA
Chipotle is opening a restaurant that will fill pick-up and delivery orders only.. . . more

How the J.C. Penney acquisition is changing the game in retail real estate

CSA
Victor Sahn has specialized in bankruptcy law going on 40 years, and he says that what’s happening in retail Chapter 11 situations during the pandemic is something entirely new.. . . more

Wednesday, November 11, 2020

Rite Aid leans on pharmacists in rebranding effort

Retail Dive
Rite Aid on Monday unveiled a rebranding that includes a new logo, holistic health focus and website revamp, along with a store concept in pilot mode. The logo replaces blue and red chevron color blocks with blue and green, including a graphic of a mortar and pestle with an herbal sprig. . . . more

Nordstrom ties up with Casper to sell products in stores, online

Retail Dive
Casper on Tuesday announced its mattresses and sleep accessories will be sold in some Nordstrom stores and on its website beginning this month. . . . more

What a vaccine could mean for retail

Retail Dive
On Monday morning, when VF Corp. announced that it will plunk down more than $2 billion to snag streetwear favorite Supreme for its portfolio, the apparel conglomerate probably thought it would count as retail's best news in a while. But it was quickly overshadowed by the report that pharmaceutical giant Pfizer is putting the finishing touches on a vaccine that it says is 90% effective against COVID-19.. . . more

Red Lobster opens its first ‘ghost kitchen’

CSA
Red Lobster has joined one of the restaurant industry’s fastest-growing trends.. . . more

Justice sold at auction for $90 million

CSA
Justice has found a new home. . . . more

Sale of J.C. Penney gets court approval

CSA
The deal to save J.C. Penney has been approved by bankruptcy court.. . . more

Ulta Beauty to open hundreds of shops — in Target

CSA
Ulta Beauty is expanding its footprint in a partnership with Target Corp.. . . more

Tuesday, November 10, 2020

Petco takes first step to go public

CSA
Petco Animal Supplies may go public — again. . . . more

Simon’s Balance Sheet Takes Big Hit in Q3 — But Mall Giant Signals Optimism About Stronger Shopper Traffic and Retailer Sales

Footwear News
Earnings and sales at Simon Property Group fell short of Wall Street’s expectations, sending the mall behemoth’s stock down in Monday after-hours trading.. . . more

Casey’s in $580 million, 94-store acquisition

CSA
Casey’s General Stores is expanding its presence in the Midwest.. . . more

Furniture Factory Outlet files for bankruptcy

Retail Dive
Regional home goods retailer Furniture Factory Outlet filed for bankruptcy Thursday citing tight cash and supply chain disruption related to the COVID-19 pandemic.. . . more

Party City celebrates better-than-expected quarter

CSA
Party City swung to a profit in its third quarter and reported sales and earnings that topped Street estimates amid strength in its core categories. . . . more

Joann unwraps streamlined BOPIS, curbside in time for holidays

CSA
A specialty crafts and fabrics retailer has added mobile location capability to its omnichannel pickup service.. . . more

Rite Aid unveils new branding; testing ‘store of the future’ design

CSA
Rite Aid is piloting a new store design that puts the pharmacist up front in the shopping experience. . . . more

Friday, November 6, 2020

Fannie May marks 100th anniversary with remodeled stores

Plain Vanilla Shell
Fannie May is celebrating its 100th anniversary this year with a new look, both on its packaging and in its retail stores.. . . more

Papa John's continued sales growth attracts lucrative franchisees

Restaurant Dive
Papa John's reported a revenue increase of 17% year-over-year to $472.9 million for Q3 and a net income of $15.7 million for the period, according to a company release Thursday, exceeding Wall Street expectations.. . . more

Dollar General announces single-day holiday sales event

Retail Dive
Dollar General will have a pre-holiday sales event on Nov. 13 with specials across its nearly 17,000 stores and online, the retailer recently announced. . . . more

How the pandemic pushed crafters toward Michaels

Retail Dive
For various nonessential retailers, including Michaels, the COVID-19 pandemic was particularly bleak in March.. . . more

New Jersey bans plastic and paper bags in one of nation’s most stringent laws

CSA
Supermarkets in New Jersey will no longer be able to give paper bags to customers starting in mid-2022.. . . more

Private equity company takes majority stake in Clarks

CSA
In a deal that ends family ownership after nearly 200 years, struggling footwear brand and retailer Clarks has sold a majority stake in the company to Hong Kong-based private equity firm LionRock Capital.. . . more

Old Navy closes stores Thanksgiving, extends Black Friday

CSA
Old Navy is turning Black Friday into ‘Big Friday’ and giving store shoppers and employees the day off on Thanksgiving.. . . more

Thursday, November 5, 2020

Wingstop Opens Milestone 1,500th Restaurant

Restaurant News
Wingstop Inc. (NASDAQ: WING), the award-winning wing concept, celebrates the opening of its 1,500th restaurant, located at 8675 W. Rome Blvd. in Las Vegas. This major milestone follows the news of Wingstop’s 43 net new openings for Q3 2020 and adjusted guidance, increased from 120 to 130 net new openings to now 135 to 140 net new openings for 2020. . . . more

J.Jill Moves Forward With Reverse Stock Split — What This Means for the Struggling Chain

Footwear News
J.Jill Inc. is moving forward with a reverse stock split.. . . more

Furniture retailer EQ3 continues U.S. expansion

CSA
EQ3 is expanding its footprint in the U.S.. . . more

Talbots hears – and responds to – the voice of the customer

CSA
A women’s specialty apparel retailer is enhancing its customer experience based on social feedback.. . . more

Hook & Reel’s expansion extends close to Yankee Stadium

CSA
The Feil Organization’s renovation of Concourse Plaza, a 311,000-sq.-ft. center four blocks from Yankee Stadium in the Bronx, continues four years after it began.. . . more

Ahold Delhaize ups U.S. store remodels, click-and-collect for 2021

CSA
A global supermarket conglomerate is accelerating the remodeling program for its U.S. Stop & Shop banner.. . . more

Pet Valu going out of business, closing all stores

CSA
Pet Valu plans to “wind down” its U.S. operations due to the severe impact from COVID-19.. . . more

Wednesday, November 4, 2020

7-Eleven parent could divest up to 300 locations

CSA
7-Eleven may be getting ready to sell off some locations as part of an acquisition. . . . more

First Look: Men’s Wearhouse opens ‘next-gen’ store concept

CSA
Men’s Wearhouse has unveiled a new store concept that incorporates digital elements and reflects the brand’s continued evolution of the customer experience. . . . more

Panera's second largest franchisee tests beer and wine

Restaurant Dive
Pan American Group, a subsidiary of Flynn Restaurant Group and Panera’s second largest franchisee, will test beer and wine sales at five of its Kansas City locations.. . . more

Bankrupt Stein Mart has a $4M bid for its IP

Retail Dive
Stein Mart has a $4 million bid for its intellectual property that would set the baseline for an auction, according to a court filing. . . . more

Target has opened 30 stores this year — here’s a rundown

CSA
Target Corp.’s unique style is on full display in the 30 new stores it has opened this year, with safety a constant across all the locations.. . . more

Tuesday, November 3, 2020

Publix Q3 sales jump 18.3%; stock price increases

CSA
Publix Super Markets’ net and comparable sales surged in its third quarter, once again fueled by

coronavirus-triggered demand.. . . more

Chico’s shores up finances, strengthens liquidity

CSA
Chico's FAS said its amended and extended $300 million senior secured credit facility has closed. . . . more

PREIT files for Chapter 11 protection to enable restructuring

CSA
Big mall owner PREIT has filed for Chapter 11 protection to gain access to an additional $150 million to extend its debt maturity schedule and allow it to follow through with planned strategic moves.. . . more

Shake Shack plans to build up to 8 stores with drive-thru lanes

NRN
Though Shake Shack is not out of the woods, CEO Randy Garutti said the New York City-based fast-casual burger chain is ramping up menu innovation and unit growth with plans to open 35 to 40 new stores in 2021.. . . more

Monday, November 2, 2020

Grocery stores want to make it less of a nightmare to order online this winter

CNN Business
In the early stages of the coronavirus pandemic in the United States, finding an open slot for grocery delivery was like winning the lottery. . . . more

Pier 1 relaunches as online store

Retail Dive
After acquiring Pier 1's trademark name, intellectual property, data and e-commerce assets, new owner Retail Ecommerce Ventures (REV) is relaunching the retail brand as an online store, according to a Thursday press release. Pier 1 closed its brick-and-mortar stores earlier this year as part of its bankruptcy plan.. . . more

Taco Bell served 30M more cars year-over-year as drive-thru demand 'skyrocketed'

Restaurant Dive
Taco Bell's total system sales grew 5% in Q3 2020, driven by same-store sales growth and net new unit growth of 3%, respectively, according to Yum Brand's investor call Thursday. . . . more

Inspire Brands buys Dunkin' in $11.3B deal

Restaurant Dive
Inspire Brands acquired Dunkin' Brands Friday for $11.3 billion including the assumption of Dunkin's debt, in what is easily the largest deal between two restaurant companies of the year. The transaction is expected to close by the end of 2020. . . . more

J.C. Penney signs agreement with Brookfield, Simon

CSA
J.C. Penney has taken a big step towards its financial restructuring and emergence from bankruptcy.. . . more

Home Depot signs biggest retail lease Manhattan has seen in years

CSA

The Home Depot is going big in Manhattan.. . . more

Friendly’s To Be Sold After Filing For Bankruptcy Again

CBS Boston
Friendly’s is filing for bankruptcy again but this time it will be sold in an attempt to keep its restaurants open.. . . more

Thursday, October 29, 2020

'Death of an entity': 10 retailers that liquidated this year

Retail Dive
J.C. Penney was one of the lucky ones, if you can call any company in bankruptcy lucky.. . . more

Dick’s Sporting Goods opens Carrie Underwood pop-ups

CSA

Dick’s Sporting Goods is taking its partnership with superstar Carrie Underwood to another level. . . . more

Tiffany, LVMH reportedly in talks to reduce deal value, settle dispute

CSA
Tiffany & Co. and LVMH are discussing new terms for the U.S. jeweler’s acquisition, which could help settle the dispute between the two companies.. . . more

New Balance aligns enterprise operations with customer demand

CSA
A vertical athletic footwear/apparel retailer is maintaining omnichannel harmony with cloud-based ERP technology.. . . more

CVS Health to add 30-minute rapid-result COVID testing

CSA
CVS Health is expanding its commitment to COVID-19 testing.. . . more

Landlords, lenders file suits as retail property values fall as much as 75%

CSA
Banks and landlords that granted retail property owners mortgage and rent payment deferrals during early-pandemic shutdowns are now aggressively seeking payback.. . . more

Bed, Bath & Beyond’s three-year plan includes store remodels, tech investments

CSA
Bed Bath & Beyond will invest $1 billion to $1.5 billion in its business as part of a new three-year strategy to accelerate its onmnichannel transformation and drive sales, margin and cash flow growth.. . . more

Wednesday, October 28, 2020

Panera Rolls into the Pizza Category with Launch of Three New Flatbread Pizzas

Restaurant News
Today, Panera announces the launch of Flatbread Pizza – a new menu category from Panera, rolling out nationwide this week.. . . more

Tuesday Morning opts to go it alone rather than sell itself in Ch. 11

Retail Dive
Tuesday Morning said it will not seek a sale of its assets in Chapter 11, according to a Monday court filing. . . . more

Rug merchant buys Stamford Town Center for $20.15 million

CSA
In a turnaround of the trend which has mall owners like Brookfield and Simon buying retail chains, the high-end rug merchant Safavieh has purchased the Stamford Town Center mall in Stamford, Conn., from Taubman for $20.15 million.. . . more

Nordstrom Local expanding

CSA
Nordstrom is doubling down on its no-inventory store format in the company’s largest market.. . . more

First Look: Avon goes big with its first brick-and-mortar experience

CSA
The North American branch of Avon has opened its first physical location, in the Koreatown neighborhood Los Angeles.. . . more

Tuesday, October 27, 2020

This is what the new Burger King and Popeyes drive-thrus will look like

CNN Business
Burger King, Popeyes and Tim Hortons are getting new drive-thrus to boost sales in the coronavirus age.. . . more

Mall landlord PREIT gets default notice from bank

CSA
Mall owner and operator PREIT has received notice of "alleged events of default" from Wells Fargo on a term loan, according to a securities filing from Friday.
. . . more

Guitar Center Mulls Restructuring With Creditors Taking Control

Bloomberg
Guitar Center Inc., the largest musical instrument retailer in the U.S., is considering options including bankruptcy to manage its debt load after it skipped bond interest payments this month.. . . more

Dunkin’ Brands in potential blockbuster deal to sell itself

CSA
Dunkin’ Brands Group confirmed it is in talks to be acquired in a move that would take it private.. . . more

Monday, October 26, 2020

One year in: Mark Tritton's turnaround at Bed Bath & Beyond

Retail Dive
Bed Bath & Beyond had been on the decline for years, both in terms of sales and market share, which an activist investor group blamed largely on the missteps of longtime CEO Steven Temares. . . . more

Carter’s to close 25% of stores as leases expire

CSA
Carter’s is closing a big chunk of its store base but it isn’t giving up on new store growth. . . . more

Ross Stores in 30 new store openings

CSA

Ross Stores has completed its 2020 expansion. . . . more

QDOBA Mexican Eats Unveils New Floorplans and Restaurant Concepts, Designed for Growth

Plain Vanilla Shell
QDOBA Mexican Eats® (QDOBA), the largest franchise opportunity in the fast-casual Mexican segment, has introduced new restaurant formats that set the stage for the Brand’s continued growth. QDOBA’s new concepts feature buildouts including mobile-order drive-thrus, walk-up windows, mobile-order pick-up lockers, dedicated curbside pick-up areas, ghost kitchens, and concepts with updated outdoor seating. The new formats come on the heels of a major multi-unit franchise development strategy announced last month that is set to grow the Brand to 2,000 units.. . . more

Friday, October 23, 2020

Verizon deploys voice-activated digital shopping in stores

CSA
Verizon hears what customers are saying, with smart signs located in physical stores.. . . more

Five predictions for retail 2021

CSA
Retailers will invest more in logistics than any other line item in 2021 and mall operators will entirely
reinvent themselves and their business operations. 
. . . more

Hurley owner Bluestar bids $60M for Justice tween brand

Retail Dive
Bluestar Alliance, whose brand portfolio includes Hurley, bebe, Tahari, Brookstone, Limited Too and Nanette Lepore, is now the stalking horse bidder for Ascena's Justice brand, with a $60 million-plus offer that includes $44 million in cash, according to a company press release.. . . more

AMC warns bankruptcy is on the table as cash runs low

CNBC
AMC has agreed to sell as many as 15 million shares of its stock, but equity in the company could soon be worthless if the largest theater chain in the world files for bankruptcy.. . . more

Gap Inc. announces store closures, off-mall strategy

CSA
Gap Inc. is moving away from the mall. . . . more

Apple expands 'Express' retail store format ahead of holiday season

Plain Vanilla Shell
Apple Inc AAPL.O is expanding a new physical store format as it tries to get iPhone 12 models into customers' hands, its retail chief told Reuters in an interview.. . . more

Grocery Outlet Readies East Coast Invasion

Plain Vanilla Shell
Grocery Outlet, the fast-growing West Coast discounter that has quietly maintained a small pocket of stores on the East Coast, looks poised to begin a significant move to expand the latter front, WGB has learned.. . . more

Thursday, October 22, 2020

KPMG: Consumer holiday spending to fall 18%; apparel to take biggest hit

CSA
Consumers plan on buying fewer gifts and spending less this holiday season.. . . more

Retro Fitness Raises New Funding From Arena Capital Partners

Plain Vanilla Shell
Retro Fitness received an investment from Arena Capital Partners.. . . more

J.C. Penney inks deal to sell itself, looks to close it in time for holidays

Retail Dive
J.C. Penney finally has a formal deal on paper and signed with Simon Property Group, Brookfield Asset Management and key lenders that would sell off the department store chain and some 160 real estate assets. . . more

With new private label, Kohl's stakes strategy on the athleisure boom

Retail Dive
Kohl’s on Tuesday unveiled a strategy centered on what it called "a new vision: to be the most trusted retailer of choice for the active and casual lifestyle.". . . more

Whole Foods rolls out one-hour pickup chainwide

CSA

Amazon Prime members have a new perk. Amazon is offering free, one-hour pickup at all locations of its
Whole Foods Market grocery chain for members of its Amazon Prime paid loyalty program. The service applies to all orders of $35 or more.. . . more

FedEx turns stores into online return centers

CSA
FedEx Corp. is partnering with the Happy Returns online returns platform.. . . more

P.F. Chang's Is Opening New Locations In These Cities

Plain Vanilla Shell
Residents of New York and Chicago will see nearly 20 P.F. Chang's locations pop up in their states in coming months. Don't plan on dining-in, though, because these new spots will all be P.F. Chang's To Go restaurants.. . . more

Wednesday, October 21, 2020

Life after liquidation: Why some brands thrive after closing shop and others don't

CSA
What's in a name? Or maybe the question today is: How many dollars are in a name?. . . more

Parent company of Winn-Dixie, other grocery banners files for IPO

CSA
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

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

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

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

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

Retail sales up in September with impressive year-over-year gains

CSA
Retail spending continued to grow in September led by a strong rebound in apparel.. . . 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

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

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

Report: Target planning more stores on Long Island

CSA
Target Corp. is reportedly expanding its presence on New York’s Long Island.. . . 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

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

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

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

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

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

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

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

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

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

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

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

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

Centric Brands exits bankruptcy

Retail Dive
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

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

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

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

Tropical Smoothie Cafe Continues Record Results in Q3

Plain Vanilla Shell
Tropical Smoothie Cafethe 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

Winn-Dixie opening four stores in November, with more to come

CSA
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

J.C. Penney kicks off holidays – in time for Prime Day

CSA
Amazon’s annual Prime Day sales event keeps picking up more big-name competition.. . . 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

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

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

Costco posts strong monthly sales — again

CSA
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

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

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

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

Shoppers adjusting behaviors to avoid public restrooms

CSA
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

Rite Aid to acquire Bartell Drugs for $95 million

CSA
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

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

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

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

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

Ghosts, ghouls and social distancing: A fractured Halloween haunts Party City

Retail Dive
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

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

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

Aldi U.S. a leader in use of renewable energy, eco-conscious refrigerants

CSA
Aldi U.S. has been honored for its environmental commitment.. . . 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

Loves Furniture & Mattresses debuts with 16 stores

CSA
Loves Furniture & Mattresses is making a big splash the first time out of the gate.. . . more

Tuesday Morning on the hunt for a buyer

CSA
Tuesday Morning is actively seeking bids for its assets. . . 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

Monday, October 5, 2020

Express threatened with delisting

CSA
Express, its share price falling, is at risk of being delisted from the New York Stock Exchange. . . . more

Study: 11% of U.S. shoppers have signed up for Walmart+

Retail Dive
Eleven percent of Americans subscribed to the new Walmart+ service within the first two weeks of its launch, according to new survey findings from research platform Piplsay.. . . more

Regal Cinemas to shut down all U.S. theaters temporarily as coronavirus pandemic rages

NY Daily News
The curtain is going down at Regal Cinemas — again. . . . more

Friday, October 2, 2020

David’s Bridal lets shoppers say yes to the dress – at home

CSA
The nation’s largest bridal retailer is bringing inventory directly to customers via augmented reality (AR).. . . more