Search found 272 matches

by kr.abs.swy
February 26th, 2024, 3:09 pm
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 361
Views: 23484

Re: FTC Sues to block Kroger-Albertsons merger

"Kroger has a decision to make as to whether or not it wants to continue operating in (the PNW)." -- You are dramatically overstating what has happened to Kroger in the PNW. Whether the last few years have been a bit rough or not, there is still a Fred Meyer in virtually every town of any ...
by kr.abs.swy
November 10th, 2023, 10:41 am
Forum: Northwest, Rockies, & Alaska USA
Topic: Erickson's Thriftway in Burns, Oregon, closed
Replies: 12
Views: 1220

Re: Erickson's Thriftway in Burns, Oregon, closed

StoreWanderer, what was the story with the Ray's bankruptcy in the 2010s? As far as I can tell, they went from mostly operating small-town stores with limited competition and decided that they should start competing with Safeway and Albertsons in larger markets along I-5 and in Bend, Albany, Redmond...
by kr.abs.swy
October 10th, 2023, 11:22 am
Forum: Northwest, Rockies, & Alaska USA
Topic: Erickson's Thriftway in Burns, Oregon, closed
Replies: 12
Views: 1220

Re: Erickson's Thriftway in Burns, Oregon, closed

Storewanderer, your knowledge of some of these stores blows me away. I had no idea that the volume at that store had been that low. I was only in it once when it was operating. It was dead, but it was a Friday evening, so I couldn't draw any conclusions from that. In a different world, you could hav...
by kr.abs.swy
October 9th, 2023, 8:49 pm
Forum: Northwest, Rockies, & Alaska USA
Topic: Erickson's Thriftway in Burns, Oregon, closed
Replies: 12
Views: 1220

Erickson's Thriftway in Burns, Oregon, closed

The Erickson's Thriftway in Burns, Oregon (technically in Hines), closed within the past few months. Burns and Hines have almost 5,000 people. They are very isolated in Central Oregon -- the largest town between Ontario and Bend, each two hours away. Erickson's and a Safeway have probably coexisted ...
by kr.abs.swy
August 30th, 2023, 8:34 am
Forum: Department Store Chains
Topic: TransformCo (Sears/Kmart) Official Thread 2023: Finally the end?
Replies: 74
Views: 14571

Re: TransformCo (Sears/Kmart) Official Thread 2023: Finally the end?

I was in the Tukwila store earlier this month. I'd barely call it full-line. The third floor has been closed off for a while now. They had also closed off part of the second floor and there was little up there beyond mattresses and a light selection of tools. If they wanted to, they could seriously ...
by kr.abs.swy
May 5th, 2023, 5:27 pm
Forum: Non Region-Specific
Topic: Kroger to merge with Albertsons?
Replies: 1470
Views: 103062

Re: Kroger to merge with Albertsons?

We've pretty much hijacked the thread ... moderators, I understand if you tell us to knock it off. But it's been an interesting conversation and there has been some good perspective on here. StoreWanderer, to kind of answer your question: Part of the problem for First Republic is that they had made ...
by kr.abs.swy
May 5th, 2023, 10:22 am
Forum: Non Region-Specific
Topic: Kroger to merge with Albertsons?
Replies: 1470
Views: 103062

Re: Kroger to merge with Albertsons?

Storewanderer, I usually really like what you write on here, but need to clarify some of the issues on banks for you. When banks fail, there isn't time for public comment. No chance. By the time you get through any kind of public comment, the situation will have gotten worse -- depositors will have ...
by kr.abs.swy
April 3rd, 2023, 8:11 pm
Forum: Northwest, Rockies, & Alaska USA
Topic: Buttrey Food & Drug coming back
Replies: 5
Views: 1198

Re: Buttrey Food & Drug coming back

Post Kroger, they will bring back the Smith's Food and Drug brand in markets where it is remembered with particular fondness, like Cody, Wyoming; Butte, Montana; and Billings, Montana.
by kr.abs.swy
February 28th, 2023, 4:13 pm
Forum: Non Region-Specific
Topic: Kroger to merge with Albertsons?
Replies: 1470
Views: 103062

Re: Kroger to merge with Albertsons?

How is a company with $4.5bn of EBITDA borrowing an additional $4bn to go from $14bn of debt to $18bn of debt going to lead to a fire sale? It's like a person that makes $100K who has a $250K mortgage taking out a $50K second mortgage. The dividend is maybe a bit aggressive but not "reckless&qu...
by kr.abs.swy
January 13th, 2023, 9:42 am
Forum: Northwest, Rockies, & Alaska USA
Topic: 2023 - Roth's Fresh Markets trying TV ads
Replies: 15
Views: 2531

Re: 2023 - Roth's Fresh Markets trying TV ads

I've been seeing those ads on KGW in Central Oregon (via a translator). They are paying a lot of money to reach a lot of people who are many hours from a Roth's store. The Portland TV market stretches from Astoria to Baker City and from Albany to north of Vancouver. They are getting as far down the ...