Search found 2482 matches

by pseudo3d
October 17th, 2018, 7:39 pm
Forum: Non Region-Specific
Topic: Albertsons/Safeway 2018: Openings and Closings
Replies: 166
Views: 30224

Re: Albertsons/Safeway 2018: Openings and Closings

Target has been in Factoria for far longer than Walmart has, and is a fairly recent addition to the mall. It's definitely on the small side for a Walmart store (about 70k square feet) and I don't believe it's considered to be a Supercenter store. They probably could have built a Supercenter store i...
by pseudo3d
October 16th, 2018, 9:17 am
Forum: Drugstore Chains
Topic: Albertsons/Rite Aid Merger is off: What's next
Replies: 29
Views: 1747

Re: Albertsons/Rite Aid Merger is off: What's next

https://komonews.com/news/business/board-reshuffle-at-rite-aid-after-2-failed-merger-attempts There's a major shakeup in Rite Aid's board of directors today, with three members being replaced and the CEO no longer being chairman of the board. Those must have been some angry meetings. While Albertso...
by pseudo3d
October 13th, 2018, 10:31 am
Forum: Non Region-Specific
Topic: Albertsons/Safeway 2018: Openings and Closings
Replies: 166
Views: 30224

Re: Albertsons/Safeway 2018: Openings and Closings

In November, the Safeway at “The Marketplace @ Factoria” is going to close. This store had a Lifestyle remodel just before the Albertsons merger. But it is one of the smaller stores with a deli, bakery and Starbucks. While it never seemed super busy, it wasn’t dead either. Since a Rite Aid was next...
by pseudo3d
October 9th, 2018, 1:15 pm
Forum: Non Region-Specific
Topic: A Lidl too spread out?
Replies: 12
Views: 1860

Re: A Lidl too spread out?

Predictably, Lidl's U.S. expansion isn't going nearly as well as they had hoped. They did close a lease on a former Pathmark/ACME that closed recently ( source ) but I don't think that they're going to use all the space. I think from quotes from Lidl execs made earlier (especially some wrong assumpt...
by pseudo3d
October 5th, 2018, 10:47 am
Forum: Non Region-Specific
Topic: Albertsons/Safeway 2018: Openings and Closings
Replies: 166
Views: 30224

Re: Albertsons/Safeway 2018: Openings and Closings

Most of the United division's stores are either in areas where they have essentially a monopoly in the market, or in the cases of the DFW Market Street stores, are in upscale areas with solid demographics (and frankly are run much better than their typical Kroger/Tom Thumb competition). If we see c...
by pseudo3d
October 4th, 2018, 11:06 am
Forum: Drugstore Chains
Topic: Walgreens to partner with Kroger for test one-stop shop
Replies: 8
Views: 574

Re: Walgreens to partner with Kroger for test one-stop shop

This seems like nothing more than a distraction that's bound to fail. Unless the plan is for Kroger to sell its pharmacy business to Walgreen's down the road like CVS and Target. Not so sure the FTC would go for that but who knows in this environment. I doubt the Kroger Company divests its pharmacy...
by pseudo3d
October 4th, 2018, 7:56 am
Forum: Drugstore Chains
Topic: Walgreens to partner with Kroger for test one-stop shop
Replies: 8
Views: 574

Re: Walgreens to partner with Kroger for test one-stop shop

I have to assume the end game here is some kind of partnership in pharmacy or an outright merger of these two chains. Maybe Kroger would handle the consumables side of Walgreens business. I could see it working, maybe. Kroger just sold 800 potential "grocery pick up locations" to EG Group that woul...
by pseudo3d
October 3rd, 2018, 9:49 pm
Forum: Non Region-Specific
Topic: Albertsons/Safeway 2018: Openings and Closings
Replies: 166
Views: 30224

Re: Albertsons/Safeway 2018: Openings and Closings

Texarkana is closing (Richmond store). The closures seem to be sprinkled around, with one exception: have we ever noticed United Division close a store? Most of the United division's stores are either in areas where they have essentially a monopoly in the market, or in the cases of the DFW Market S...
by pseudo3d
October 1st, 2018, 3:46 pm
Forum: Non Region-Specific
Topic: Walmart opening Pickup Only store in Chicago Area
Replies: 1
Views: 311

Re: Walmart opening Pickup Only store in Chicago Area

Interesting concept. This may be their growth vehicle for the future (and I'd expect may convert some Neighborhood Market stores to this format). https://www.supermarketnews.com/online-retail/walmart-eyes-pickup-only-store-former-dominick-s I don't think so. Sears tried this several years ago as my...
by pseudo3d
September 30th, 2018, 11:17 pm
Forum: California USA
Topic: Vons Sells Silverlake/Los Feliz Location to Children's Hospital Los Angeles for $90 Million
Replies: 8
Views: 540

Re: Vons Sells Silverlake/Los Feliz Location to Children's Hospital Los Angeles for $90 Million

For a price tag of $90 million they have to have other plans for the property. There's no way the lease from a free standing supermarket would even come close to acheiving a satisfactory return on investment. They would need a minimum $250,000 a month in rent from Vons for 30 years just to get the ...