Maine businesses come and go as the times change, but almost every one who grew up in this state has fond memories of stores they or their parents used to shop out that are no longer around. . . . more
Wednesday, December 29, 2021
More Americans took on holiday debt this season, owing an average $1,249
CNBC Business
More Americans got into the spirit this holiday, even if it meant spending more than they could afford.. . . more
Albertsons pilots AI-driven salad bars
Retail Dive
Albertsons is piloting artificial intelligence-driven salad bars in six East Coast supermarkets through a partnership with European food technology company Picadeli, according to a press release. . . more
Albertsons is piloting artificial intelligence-driven salad bars in six East Coast supermarkets through a partnership with European food technology company Picadeli, according to a press release. . . more
First Look: Lovepop store opens at Disneyland Resort
CSA
Lovepop has added another location to its retail portfolio. . . . more
Who’s In, Who’s Out: Shifting buying habits of Gen Z
CSA
Global online fast-fashion retailers dominate Gen Z pandemic shopping, displacing such traditional favorites as Urban Outfitters. . . more
Global online fast-fashion retailers dominate Gen Z pandemic shopping, displacing such traditional favorites as Urban Outfitters. . . more
Nordstrom’s 10 biggest milestones of 2021
CSA
Nordstrom is wrapping up a busy 2021, during which it celebrated its 120th anniversary and launched a number of new initiatives. . . . more
Iconic Harvard Square Flower Shop Closing After 104 Years In Business
CBS Boston
An iconic Harvard Square flower shop is permanently closing its doors after 104 years in business, citing in part challenges caused by the “daunting” COVID pandemic. . . . more
An iconic Harvard Square flower shop is permanently closing its doors after 104 years in business, citing in part challenges caused by the “daunting” COVID pandemic. . . . more
Wednesday, December 22, 2021
Cultivating consumer loyalty amidst supply chain challenges
Retail Dive
Brand loyalty is increasingly fragile. Since the beginning of the pandemic, three-quarters of consumers in the United States have switched brands, products, stores or buying methods, reports McKinsey. As retailers strive to woo shoppers into a long-term relationship, supply chain hiccups can sabotage those efforts — but it doesn't have to. . . more
Brand loyalty is increasingly fragile. Since the beginning of the pandemic, three-quarters of consumers in the United States have switched brands, products, stores or buying methods, reports McKinsey. As retailers strive to woo shoppers into a long-term relationship, supply chain hiccups can sabotage those efforts — but it doesn't have to. . . more
Fast Casual Restaurants Exit the Pandemic Positioned for Growth
QSR
Many segments of the restaurant industry are still struggling with the after-effects of the pandemic. However, fast casual brands may have emerged stronger than ever. It may sound surprising that after the difficulties the restaurant industry faced during the height of the pandemic, we would be saying this is a good time to invest—but it is. . . . more
Crumbl Cookies to open its 326th store in four years
CSA
Two cousins from Utah who struggled for years before landing upon the milk chocolate chip cookie recipe that made their cookie shop one of the fastest-growing in the country will open their 326th store at The Levee District in East Peoria. It will be their fourth location in Illinois and their first in the central region of the state. . . . more
CVS and Walgreens to limit the number of at-home Covid tests you can buy after surge in demand
CNN Business
The two largest pharmaceutical chain stores in the US -- CVS Health and Walgreens -- are limiting the number of at-home Covid kits customers can buy due to huge demand. . . more
The two largest pharmaceutical chain stores in the US -- CVS Health and Walgreens -- are limiting the number of at-home Covid kits customers can buy due to huge demand. . . more
Can this year's department store recovery last?
Retail Dive
Department stores were already a decade deep into their decline when the pandemic upended normal life, exacerbating years-long trends that are also hurting the traditional malls they anchor. . . . more
Tuesday, December 21, 2021
Office Depot offers free omnichannel services for last-minute shoppers
CSA
Office Depot is gearing up for a surge of panicked customers finishing their holiday shopping in the final days before Christmas. . . . more
‘Cult Classic’ Cookies Now Available in Newington, New Hampshire
Seacoast Current
Knowing that Crumbl Cookies just opened right down the street from where I live has sent my taste buds into a frenzy! I do fear for my waistline but we are in the Winter months and that is what baggy sweaters are for. . . . more
Wayfair to launch brick & mortar for AllModern and Joss & Main at MarketStreet Lynnfield, Legacy Place and Burlington Mall
NEREJ
Wayfair Inc. will open its next brick-and-mortar retail stores in the coming year, bringing two of its specialty retail brands to life in 2022 with three stores located in Massachusetts. . . more
Wayfair Inc. will open its next brick-and-mortar retail stores in the coming year, bringing two of its specialty retail brands to life in 2022 with three stores located in Massachusetts. . . more
COVID Is Surging Again in NYC — What Does This Mean for Retail?
Footwear News
With COVID-19 cases on the rise across the U.S., the path toward recovery across the retail landscape could be in flux. . . . more
Nordstrom reportedly hires AlixPartners to review possible Rack spinoff
CNBC Business
Nordstrom has tapped the consulting group AlixPartners to help it review a potential spinoff of its off-price Nordstrom Rack business, according to a report from Bloomberg. . . more
Nordstrom has tapped the consulting group AlixPartners to help it review a potential spinoff of its off-price Nordstrom Rack business, according to a report from Bloomberg. . . more
Drugstore chain Rite Aid to close at least 63 stores in the coming months
CNBC Business
Drugstore chain Rite Aid said Tuesday it plans to shutter at least 63 stores as it reassesses how many locations it needs in the United States. . . more
Drugstore chain Rite Aid said Tuesday it plans to shutter at least 63 stores as it reassesses how many locations it needs in the United States. . . more
Authentic Brands expands Reebok to over 2.8K stores in deal with JD Group
Retail Dive
Reebok is expanding under soon-to-be owner Authentic Brands Group. The brand conglomerate on Monday announced a partnership between Reebok and JD Group that will see the athletics brand in more than 2,850 stores. . . more
Reebok is expanding under soon-to-be owner Authentic Brands Group. The brand conglomerate on Monday announced a partnership between Reebok and JD Group that will see the athletics brand in more than 2,850 stores. . . more
Monday, December 20, 2021
Report: Most restaurant customers don't want to wait more than 5 minutes for their order
Restaurant Dive
A report from Oracle finds that increased off-premise business at restaurants is impacting customer expectations for speed of service. . . . more
A report from Oracle finds that increased off-premise business at restaurants is impacting customer expectations for speed of service. . . . more
Starbucks says it will negotiate with workers forming a union in Buffalo, New York
CNBC Business
Starbucks plans to negotiate in good faith with workers at its Elmwood store in Buffalo, New York, the company said Monday, days after the employees’ votes to form the coffee chain’s first U.S. union were certified. . . . more
Sears owner plans to sell its corporate HQ
Retail Dive
Sears and Kmart owner Transformco plans to put its corporate campus near Chicago on the real estate market next year, according to local media reports and confirmed for Retail Dive by Kevin Kramer, director of economic development for Hoffman Estates, where the campus is located. . . . more
Sears and Kmart owner Transformco plans to put its corporate campus near Chicago on the real estate market next year, according to local media reports and confirmed for Retail Dive by Kevin Kramer, director of economic development for Hoffman Estates, where the campus is located. . . . more
Online resale retailer debuting pop-up shop
CSA
Mercari, an online marketplace for buying and selling secondhand items, will launch its first-ever experiential pop-up shop in time for the New Year. . . . more
Target going down-to-the-wire with Christmas online orders
CSA
Target Corp. is reaching out to last-minute holiday shoppers. . . . more
Forever 21 enters metaverse with Roblox store
CSA
Forever 21 is the newest retail player on the popular Roblox gaming platform. . . . more
J.C. Penney launches same-day delivery in time for holidays
CSA
The J.C. Penney Co. Inc. is expanding upon its omnichannel fulfillment options. . . . more
Friday, December 17, 2021
Life Alive cafe and yoga school will collaborate, opening sites in Harvard Square and South End
Cambridge Day
The Life Alive Organic Cafe in Central Square and Down Under School of Yoga, which has a site in Porter Square, have combined and will open a 100-seat cafe and yoga studio at 22 JFK St., Harvard Square. . . . more
The Life Alive Organic Cafe in Central Square and Down Under School of Yoga, which has a site in Porter Square, have combined and will open a 100-seat cafe and yoga studio at 22 JFK St., Harvard Square. . . . more
Aron of KeyPoint Partners brokers two retail sales transactions
NEREJ
Vice president of investment sales for KeyPoint Partners, Jonathan Aron, represented the buyer in the purchase of a Dollar General store at 1122 Burnside Ave. . . . more
Vice president of investment sales for KeyPoint Partners, Jonathan Aron, represented the buyer in the purchase of a Dollar General store at 1122 Burnside Ave. . . . more
Chipotle opening second digital-only store concept
CSA
Chipotle Mexican Grill is launching a new format called “Chipotlane Digital Kitchen” in Ohio. . . . more
Supply chain issues impacting pharmacies: What to know
Fox Business
The Federal Reserve reported Wednesday that many parts of the country were hit by supply chain disruptions and labor shortages in November. . . . more
The Federal Reserve reported Wednesday that many parts of the country were hit by supply chain disruptions and labor shortages in November. . . . more
Strip centers outpacing traditional malls as physical retail recovers
Retail Dive
The commercial property values of open-air strip centers, which rose 13% since before the pandemic, are drastically outpacing traditional malls, where values edged up 1%, according to a report from Green Street. . . . more
Survey: Holiday shoppers aren’t done yet
CSA
A new survey from Klarna reveals that many consumers have not yet even come close to finishing their holiday shopping. . . . more
Thursday, December 16, 2021
Moorestown Mall attains approval to add multifamily housing
CSA
Excavators will soon dig in at Moorestown Mall in New Jersey as owner PREIT won unappealable approval for it to add multifamily housing there. The company also received a mortgage loan extension to redevelop its Woodland Mall in Michigan. . . . more
New Kelly’s Roast Beef Location Planned In New Hampshire
CBS Boston
Kelly’s Roast Beef could be headed over the border. The Salem, New Hampshire Planning Board is meeting on Dec. 14 to discuss proposals for a restaurant and drive-thru on South Broadway. . . . more
Kelly’s Roast Beef could be headed over the border. The Salem, New Hampshire Planning Board is meeting on Dec. 14 to discuss proposals for a restaurant and drive-thru on South Broadway. . . . more
Wednesday, December 15, 2021
2021 Was the 'Year of Acquisitions' for Restaurants—Will it Continue?
QSR
After evaluating pandemic performance throughout the strangest year on record for restaurants, 2021 has turned into the “Year of Acquisitions.” According to a Duff & Phelps report, Q2 2021 was the strongest period since 2015 in terms of the number of deals for the food and beverage space. . . more
After evaluating pandemic performance throughout the strangest year on record for restaurants, 2021 has turned into the “Year of Acquisitions.” According to a Duff & Phelps report, Q2 2021 was the strongest period since 2015 in terms of the number of deals for the food and beverage space. . . more
Neiman Marcus looks at plan to split into 3 separate businesses: report
Fox Business
Neiman Marcus is exploring a plan that would divide the luxury retail chain into three different businesses. . . . more
More Saladworks restaurants open in Giant supermarkets
Supermarket News
Under a partnership unveiled last year, The Giant Company has added WOWorks restaurant locations under the Saladworks and Frutta Bowls banners in four more supermarkets. . . more
Under a partnership unveiled last year, The Giant Company has added WOWorks restaurant locations under the Saladworks and Frutta Bowls banners in four more supermarkets. . . more
Costco is adding pickup lockers to more stores
Retail Dive
Costco plans to have pickup lockers in more than 200 of its U.S. retail locations by the end of 2022 — more than twice the number of stores where it currently operates the self-service offerings — Chief Financial Officer Richard Galanti said during the retailer's earnings call on Thursday for its fiscal first quarter, which ended Nov. 21. . . . more
Costco plans to have pickup lockers in more than 200 of its U.S. retail locations by the end of 2022 — more than twice the number of stores where it currently operates the self-service offerings — Chief Financial Officer Richard Galanti said during the retailer's earnings call on Thursday for its fiscal first quarter, which ended Nov. 21. . . . more
Dick’s Sporting Goods launches omnichannel ‘buy now pay later’ payment
CSA
Dick’s Sporting Goods is joining an increasingly crowded playing field of retailers enabling customers to divide their payments into four interest-free installments. . . . more
JLL: Demand for grocery-anchored centers highest in two decades
CSA
Last week during the RECon show in Las Vegas, global real estate services firm JLL issued a report showing that grocery-anchored neighborhood centers—despite acting as retail’s essential core during the height of the pandemic—had vacancy rates averaging 7.4% in the second quarter. That was higher than the mall sector’s 7.2% rate. . . . more
Christmas Tree Shops will use new name, updated concept at new Holyoke location
MassLive
Christmas Tree Shops plans to open a new store in the Holyoke Crossing plaza in April with a new and less seasonally specific name. . . . more
Christmas Tree Shops plans to open a new store in the Holyoke Crossing plaza in April with a new and less seasonally specific name. . . . more
Tuesday, December 14, 2021
November online grocery sales hit $8.6 billion, up 6% from year ago
Supermarket News
The U.S. online grocery market generated $8.6 billion in sales during November, reported the Brick Meets Click/Mercatus Grocery Shopping Survey, marking a 6% sales gain over last year’s $8.1 billion. . . more
The U.S. online grocery market generated $8.6 billion in sales during November, reported the Brick Meets Click/Mercatus Grocery Shopping Survey, marking a 6% sales gain over last year’s $8.1 billion. . . more
Focus Brands accelerates non-traditional growth
Restaurant Dive
Focus Brands, parent company of Auntie Anne's, Carvel, Cinnabon, Jamba, McAlister's Deli, Moe's Southwest Grill and Schlotsky's, is accelerating its non-traditional unit growth and has 313 such units in the pipeline, according to a press release. . . more
Focus Brands, parent company of Auntie Anne's, Carvel, Cinnabon, Jamba, McAlister's Deli, Moe's Southwest Grill and Schlotsky's, is accelerating its non-traditional unit growth and has 313 such units in the pipeline, according to a press release. . . more
Study: Bath & Body Works, Ace Hardware among retailers with best reputations
CSA
Customer service can make — or break — the shopping experience. . . more
Customer service can make — or break — the shopping experience. . . more
True Religion breaks Cyber Week sales record
CSA
True Religion had its largest e-commerce volume week ever during Cyber Week (Nov. 25-30). . . . more
True Religion had its largest e-commerce volume week ever during Cyber Week (Nov. 25-30). . . . more
'Diet' soda is disappearing from store shelves
CNN Business
As you make your way through the soda aisle, you may notice a lot less of the word "diet" than you used to. . . . more
As you make your way through the soda aisle, you may notice a lot less of the word "diet" than you used to. . . . more
Pacsun introduces same-day delivery in time for holidays
CSA
Pacsun is joining the ranks of retailers offering same-day delivery. . . more
Pacsun is joining the ranks of retailers offering same-day delivery. . . more
Forever 21 lands at J.C. Penney
CSA
J.C. Penney is targeting a young, on-trend fashion audience with the newest addition to its brand portfolio. . . . more
Friday, December 10, 2021
Club channels, online retailers may have the edge in grocery in 2022
Supermarket News
During the recent SN Analysts Roundtable, Supermarket News spoke with Rupesh Parikh, grocery analyst at Oppenheimer, about the challenges the industry faced in 2021 and where he sees the grocery channel heading in 2022. . . . more
CVS could soon be your doctor in big health care push
Fox Business
CVS Health is the local drugstore for many, and now the chain wants to be your doctor as well. . . . more
Torrid braces for rising costs and ongoing pandemic uncertainty after mixed Q3
Retail Dive
Benefiting from apparel demand but dogged by supply chain issues, Torrid on Wednesday reported a mixed Q3. . . . more
Benefiting from apparel demand but dogged by supply chain issues, Torrid on Wednesday reported a mixed Q3. . . . more
Report: Starbucks workers at Buffalo store unionize
CSA
Starbucks reportedly now has one U.S. corporate store which is unionized. . . . more
Boston's first Chick-fil-A to open in coming weeks, company says
WCVB
Construction continues on what will become Boston's first Chick-fil-A restaurant, centered in the heart of the city. . . . more
Construction continues on what will become Boston's first Chick-fil-A restaurant, centered in the heart of the city. . . . more
Thursday, December 9, 2021
Nike To Stop Selling Sneakers At Popular Shoe Chain
CBS Boston
You won’t be able to buy Nike sneakers and apparel at one of America’s largest shoe store chains in 2022. . . more
You won’t be able to buy Nike sneakers and apparel at one of America’s largest shoe store chains in 2022. . . more
Saugus Barnes & Noble To Close In January
CBS Boston
The Barnes & Noble on Route 1 in Saugus is closing up shop for good this upcoming January. . . . more
The Barnes & Noble on Route 1 in Saugus is closing up shop for good this upcoming January. . . . more
GameStop reports mixed Q3 amid bulked-up inventory
CSA
GameStop retailer reported mixed third-quarter earnings, showing a larger-than-expected quarterly loss and sales that were above estimates. . . . more
Wednesday, December 8, 2021
Furniture e-commerce giant Wayfair will get back into brick and mortar
Boston Globe
Wayfair is trying its hand again at brick and mortar retail.
The Boston-based e-commerce giant announced on Tuesday that it will open three storefronts in Greater Boston in the coming year, showcasing designs from two of its in-house brands. An AllModern store will open at MarketStreet Lynnfield and Legacy Place in Dedham. And a Joss & Main shop will open in the Burlington Mall. The company says it plans to open stores for all five of its brands in the next two years. . . . more
Wayfair is trying its hand again at brick and mortar retail.
The Boston-based e-commerce giant announced on Tuesday that it will open three storefronts in Greater Boston in the coming year, showcasing designs from two of its in-house brands. An AllModern store will open at MarketStreet Lynnfield and Legacy Place in Dedham. And a Joss & Main shop will open in the Burlington Mall. The company says it plans to open stores for all five of its brands in the next two years. . . . more
Labels:
Wayfair

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Nordstrom leverages pack and hold inventory to mitigate supply chain risk
CSA
Nordstrom is increasing its use of pack and hold inventory "by a factor of two times to three times" at its Rack subsidiary as it expects macro supply chain disruptions to persist into 2022, CEO Erik Nordstrom said on the company's Q3 earnings call. . . . more
Nordstrom is increasing its use of pack and hold inventory "by a factor of two times to three times" at its Rack subsidiary as it expects macro supply chain disruptions to persist into 2022, CEO Erik Nordstrom said on the company's Q3 earnings call. . . . more
JLL: ‘Retail’s recovery is going faster than anyone imagined’
CSA
Retail rents are rising with strip centers and neighborhood centers posting the biggest increases, Class C malls are suffering with average vacancy rates topping 12%, and retailers are expanding to markets where the most people are going, places like Las Vegas, Orlando, and Atlanta. . . . more
As Christmas Nears, Holiday Shopping Is Set Break Records, Despite Supply Chain Worries
Footwear News
While Thanksgiving and Black Friday 2021 are now in the past, the shopping season has yet to conclude. . . more
While Thanksgiving and Black Friday 2021 are now in the past, the shopping season has yet to conclude. . . more
Why Dollar Tree's price hike to $1.25 could be 'one of the worst decisions in retail history'
CNN Business
In 1986, three retail veterans opened a chain of stores in the southeast named Only $1.00. . . . more
In 1986, three retail veterans opened a chain of stores in the southeast named Only $1.00. . . . more
5 Tips to Navigating Supply Chain Disruptions
QSR
In early November, the National Restaurant Association sent a letter to President Biden regarding the dire situation the COVID-19 pandemic has created for the restaurant industry. In the letter, the Association addressed how increasing costs and limited supplies are restricting the industry’s ability to function. . . more
In early November, the National Restaurant Association sent a letter to President Biden regarding the dire situation the COVID-19 pandemic has created for the restaurant industry. In the letter, the Association addressed how increasing costs and limited supplies are restricting the industry’s ability to function. . . more
Ahold Delhaize USA adds more Instacart virtual c-stores
Supermarket News
All Ahold Delhaize USA supermarket chains — Stop & Shop, Giant Food, Giant/Martin’s, Food Lion and Hannaford — now provide 30-minute delivery of convenience-oriented products via Instacart. . . . more
Regional grocer extends on-demand assortment
CSA
Giant Food is launching a new online marketplace called “Ship2Me,” which adds tens of thousands of new items for in-store pickup and online delivery. . . more
Giant Food is launching a new online marketplace called “Ship2Me,” which adds tens of thousands of new items for in-store pickup and online delivery. . . more
Tuesday, December 7, 2021
Shake Shack to open first drive-thru location
Restaurant Dive
Shake Shack will open its first-ever drive-thru location on Dec. 6 in Maple Grove, Minnesota. . . . more
Shake Shack will open its first-ever drive-thru location on Dec. 6 in Maple Grove, Minnesota. . . . more
Burger King to simplify menu to boost drive-thru times
Restaurant Dive
Burger King is planning to simplify its menu and remove some products that have become too complicated to build in order to improve drive-thru times, José Cil, CEO of parent company Restaurant Brands International, said on Wednesday during the Morgan Stanley Virtual Global Consumer & Retail Conference. . . . more
Burger King is planning to simplify its menu and remove some products that have become too complicated to build in order to improve drive-thru times, José Cil, CEO of parent company Restaurant Brands International, said on Wednesday during the Morgan Stanley Virtual Global Consumer & Retail Conference. . . . more
Retail sales reached pre-pandemic levels before December, says NPD
CSA
The U.S. retail industry had largely recovered from the COVID-19 pandemic even before the start of December. . . . more
Jack in the Box buys Del Taco in $575 million deal
CNBC Business
Jack in the Box is buying Del Taco, the second-largest Mexican fast-food chain in the U.S., in a deal valued at roughly $575 million. . . . more
Should retailers like Kohl's and Macy's break themselves up?
CNN Business
For years, the future of the department store has been in doubt, as shoppers abandon malls and instead opt to scoop up dresses, appliances and accessories online. . . . more
For years, the future of the department store has been in doubt, as shoppers abandon malls and instead opt to scoop up dresses, appliances and accessories online. . . . more
Toymaker Ty air ships products for the holidays to avoid port congestion
Retail Dive
Ty Inc. is air shipping its products for the holidays to avoid port congestion, and the toy manufacturer has already financed 283 cargo flights into the U.S. since October, according to a news release on Monday. . . . more
CVS enters digital health partnership with Microsoft
CSA
CVS Health is embarking on a new partnership with Microsoft to create innovative solutions to help consumers improve their health. . . . more
Monday, December 6, 2021
Big Lots outlook downbeat amid supply chain headwinds
CSA
Big Lots reported third-quarter results that beat analysts’ forecasts but warned that it expects supply chain challenges to continue to weigh on gross margins. . . . more
Lids expands store footprint with its first stores in Europe
CSA
Lids is expanding internationally with the opening of its first standalone stores in Europe. . . . more
Shoe Carnival acquires Shoe Station for $67 million
CSA
Shoe Carnival has expanded its footprint via an acquisition. . . . more
Friday, December 3, 2021
Office use proposed for former Lord & Taylor Burlington Mall space
Daily Times Chronicle
BURLINGTON - The currently vacant Lord & Taylor space could be getting in on the renovation act that has been taking place at Burlington Mall for the past two years. . . . more
BURLINGTON - The currently vacant Lord & Taylor space could be getting in on the renovation act that has been taking place at Burlington Mall for the past two years. . . . more
Labels:
Lord & Taylor,
Malls

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Ulta Beauty tops expectations as beauty business rebounds
CSA
Ulta Beauty reported better-than-expected third-quarter results with comp sales that topped pre-pandemic levels.. . . more
Ulta Beauty reported better-than-expected third-quarter results with comp sales that topped pre-pandemic levels.. . . more
Labels:
Ulta Beauty

info@keypointpartners.com
American Freight Awards Two New Locations In Texas And Louisiana
CSA
American Freight, a leading furniture, mattress and appliance retailer, is awarding John and Llaura Jenkins with two franchise locations in Longview, Texas and northwestern Louisiana, adding to the company’s growing nationwide footprint of more than 300 stores. . . . more
American Freight, a leading furniture, mattress and appliance retailer, is awarding John and Llaura Jenkins with two franchise locations in Longview, Texas and northwestern Louisiana, adding to the company’s growing nationwide footprint of more than 300 stores. . . . more

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Thursday, December 2, 2021
Five Below in strong Q3; holiday off to ‘strong start’
CSA
Five Below reported third-quarter results that beat Wall Street expectations despite a “challenging” supply chain environment. The teen and tween value retailer reported that its earnings totaled $24.2 million, or $0.43 a share, in the quarter ended Oct. 30, compared with $20.4 million, or $0.36 a share, in the year-ago period. Analysts had expected earnings per share of $0.29. . . . more
Five Below reported third-quarter results that beat Wall Street expectations despite a “challenging” supply chain environment. The teen and tween value retailer reported that its earnings totaled $24.2 million, or $0.43 a share, in the quarter ended Oct. 30, compared with $20.4 million, or $0.36 a share, in the year-ago period. Analysts had expected earnings per share of $0.29. . . . more
Labels:
Five Below

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Toys ‘R’ Us to open global flagship at American Dream
CSA
Toys “R” Us is making a big move in its U.S. retail comeback — just in time for the holidays.
The iconic toy retailer will open a flagship — the first in the United States under its new owners — in mid-December at American Dream, the massive, three million sq.-ft.-plus entertainment and retail center in East Rutherford, New Jersey. The two-level, 20,000-sq.-ft. store will feature a modern design with signature elements that have long been associated with the retailer, including its mascot, Geoffrey the Giraffe.. . . more
Toys “R” Us is making a big move in its U.S. retail comeback — just in time for the holidays.
The iconic toy retailer will open a flagship — the first in the United States under its new owners — in mid-December at American Dream, the massive, three million sq.-ft.-plus entertainment and retail center in East Rutherford, New Jersey. The two-level, 20,000-sq.-ft. store will feature a modern design with signature elements that have long been associated with the retailer, including its mascot, Geoffrey the Giraffe.. . . more
Labels:
Toys R Us

info@keypointpartners.com
Dollar General to open 1,110 stores in 2022; plans international expansion
CSA
Dollar General unveiled aggressive expansion plans that includes its first stores outside of the U.S. and the acceleration of the rollout of its more upscale Popshelf store concept.
The discounter’s 2022 real estate plans include 1,110 new stores — including its first stores in Idaho, its 47th state — and 1,750 remodels. Dollar General will also open its first international stores, with plans to open up to 10 locations in Mexico. . . more
Dollar General unveiled aggressive expansion plans that includes its first stores outside of the U.S. and the acceleration of the rollout of its more upscale Popshelf store concept.
The discounter’s 2022 real estate plans include 1,110 new stores — including its first stores in Idaho, its 47th state — and 1,750 remodels. Dollar General will also open its first international stores, with plans to open up to 10 locations in Mexico. . . more
Labels:
Dollar General,
Expansion

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Twin Peaks Signs Grand Slam Deal to Bring 10 Lodges to Philadelphia
CSA
Los Angeles, CA (RestaurantNews.com) FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Twin Peaks Restaurant and 14 other restaurant concepts, today announced a 10-store franchise development agreement with Moussa Haidar and Tom Pisula to bring its rugged lodge atmosphere to Philadelphia. . . . more
Los Angeles, CA (RestaurantNews.com) FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Twin Peaks Restaurant and 14 other restaurant concepts, today announced a 10-store franchise development agreement with Moussa Haidar and Tom Pisula to bring its rugged lodge atmosphere to Philadelphia. . . . more
Labels:
Restaurant Brands International

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Wednesday, December 1, 2021
NRF holiday recap: In-store shopping up, online down; average spend falls YOY
CSA.com
Approximately 104.9 million people shopped in stores from Thanksgiving Day through Cyber Monday, up from 92.3 million in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. The overall number of online shoppers decreased to 127.8 million from 145.4 million last year. . . . more
Approximately 104.9 million people shopped in stores from Thanksgiving Day through Cyber Monday, up from 92.3 million in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. The overall number of online shoppers decreased to 127.8 million from 145.4 million last year. . . . more
Labels:
Holiday Shopping,
Retail Sales

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Velvet Taco sold to Leonard Green & Partners
NRN.com
Fast-casual restaurant chain Velvet Taco has been sold to private equity firm Leonard Green & Partners L.P., former majority owner L Catterton, another private equity firm, said Tuesday.. . . more
Fast-casual restaurant chain Velvet Taco has been sold to private equity firm Leonard Green & Partners L.P., former majority owner L Catterton, another private equity firm, said Tuesday.. . . more
Labels:
Restaurants

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Hwy 55 Seeks Operating Partners for Stand-Alone Stores; 20 Planned for 2021-22
RestaurantNews.com
Mt. Olive, NC Hwy 55, a small-town Americana burger chain based in eastern North Carolina, is growing up. This year marks the launch of a multi-year expansion plan that will shift its locations, previously housed in shopping centers, to innovative free standing models.. . . more
Mt. Olive, NC Hwy 55, a small-town Americana burger chain based in eastern North Carolina, is growing up. This year marks the launch of a multi-year expansion plan that will shift its locations, previously housed in shopping centers, to innovative free standing models.. . . more
Labels:
Restaurants

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Pollo Campero will triple US footprint in 5 years
Fast Casual.com
Only 80 of Pollo Campero's 350 global locations are in the U.S., but the 50-year-old brand born in Guatemala is on a mission to increase its presence in the States to 250 by 2026.. . . more
Only 80 of Pollo Campero's 350 global locations are in the U.S., but the 50-year-old brand born in Guatemala is on a mission to increase its presence in the States to 250 by 2026.. . . more
Labels:
Restaurants

info@keypointpartners.com
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