Search found 319 matches

by reymann
January 5th, 2017, 10:10 am
Forum: Department Store Chains
Topic: Kmart's Time Is Running Out
Replies: 88
Views: 37417

Re: Kmart's Time Is Running Out

i think once kenmore is sold off, lampert will announce liquidation of kmart and he might try to sell sears to private equity for real estate purposes
by reymann
January 4th, 2017, 11:35 pm
Forum: Department Store Chains
Topic: Kmart's Time Is Running Out
Replies: 88
Views: 37417

Re: Kmart's Time Is Running Out

i see kmart liquidating the remainder of the stores by the end of the year. eddie lampert has no interest in salvaging kmart.
by reymann
January 4th, 2017, 11:31 pm
Forum: Department Store Chains
Topic: Sears Closing 30 Stores
Replies: 24
Views: 11025

Re: Sears Closing 30 Stores

the kmarts in bakersfield, coalinga, and kingsburg are closing and sears is on a collision course for bankruptcy and i see kmart heading for total liquidation by the end of this year. eddie lampert has no chance of keeping sears alive at this point
by reymann
September 30th, 2016, 7:34 am
Forum: Restaurant Chains
Topic: Ovation Brands abruptly closes 74 buffets
Replies: 10
Views: 6987

Re: Ovation Brands abruptly closes 74 buffets

ovation brands was sold to food management partners who is known for closing deadweight locations, they have now closed two tahoe joe's restaurants, the original one at shaw/marks in fresno and the pleasant hill location has closed.
by reymann
September 20th, 2016, 7:31 pm
Forum: Shopping Centers
Topic: manchester center fresno, ca
Replies: 1
Views: 4176

manchester center fresno, ca

omnicapital has announced plans for renovations to the dying manchester center in fresno. the only anchor tenant left is a sears and the renovations may be too little, too late with a lot of low income neighborhoods around the mall. they could run into difficulty bringing in tenants with the crime i...
by reymann
September 20th, 2016, 7:27 pm
Forum: Department Store Chains
Topic: Kmart's Time Is Running Out
Replies: 88
Views: 37417

Re: Kmart's Time Is Running Out

i wouldn't be surprised to see total liquidation of kmart starts after the holidays and use whatever they can get out of the real estate to put money into sears
by reymann
September 20th, 2016, 7:22 pm
Forum: Restaurant Chains
Topic: Ovation Brands abruptly closes 74 buffets
Replies: 10
Views: 6987

Re: Ovation Brands abruptly closes 74 buffets

the hometown buffet in clovis just closed yesterday!!! they need to upgrade the quality of food served in the restaurants or sell the remaining locations to golden corral or some other chain
by reymann
August 29th, 2016, 9:29 am
Forum: Department Store Chains
Topic: Sears borrows $300 million from CEO
Replies: 19
Views: 9048

Re: Sears borrows $300 million from CEO

we'll figure out how many stores sears is gonna have to purge after the holidays in 2017. the number could be significant.
by reymann
August 29th, 2016, 9:24 am
Forum: California USA
Topic: "Lucky California"
Replies: 15
Views: 6608

Re: "Lucky California"

the estate needs to figure out what to do with save mart/lucky, i think they should swap a couple stores with safeway and save mart should take over the last two pak n' save stores and convert them to foodmaxx. they should try to sell the low volume stores for real estate and use that capital to rei...
by reymann
June 23rd, 2016, 7:30 pm
Forum: California USA
Topic: Save Mart new corporate name
Replies: 43
Views: 18078

Re: Save Mart new corporate name

the estate has no clue how to operate the chain, i think raley's may be willing to take over the chain in the coming years with safeway taking the overlapping stores