Search found 2452 matches

by pseudo3d
August 10th, 2018, 7:49 pm
Forum: Drugstore Chains
Topic: Albertsons/Rite Aid Merger is off: What's next
Replies: 22
Views: 254

Re: Albertsons to buy (what's left of) RiteAid

klkla wrote:
August 10th, 2018, 7:46 pm
pseudo3d wrote:
August 10th, 2018, 4:58 pm
The question is what Albertsons does with the extra money it has taken on
How much actual debt has Albertson's added for this transaction?
I thought I read an article where they did add debt but I can't find it now.
by pseudo3d
August 10th, 2018, 4:58 pm
Forum: Drugstore Chains
Topic: Albertsons/Rite Aid Merger is off: What's next
Replies: 22
Views: 254

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

Without Albertsons, Rite Aid is most likely doomed. The stores they kept were either ones they couldn't unload or stores in the core regions. There would be too much competition in those core regions from CVS and Walgreens to sell anything left to them. I wonder if Fred's is still interested.... St...
by pseudo3d
August 10th, 2018, 4:36 pm
Forum: Specialty Retail Chains
Topic: 7-Eleven to buy Stripes
Replies: 62
Views: 7358

Re: 7-Eleven to buy Stripes

The absorption process seems to be taking faster than I might have thought, was at a Stripes (actually still branded as a Rattlers) and noticed several "7 Select" branded items like their Rice Krispies Treats knockoff, the packaged fried pies, and a few others. The ICEE machine was still there (not ...
by pseudo3d
August 10th, 2018, 6:33 am
Forum: Drugstore Chains
Topic: Albertsons/Rite Aid Merger is off: What's next
Replies: 22
Views: 254

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

The store tradeoff has already happened. Walgreens got the dog markets that Rite Aid never should have been in, such as Louisiana, Alabama, Mississippi, and other southern regions. Pretty much anywhere they bought out a name to expand, they shouldn't have. Several regional pharmacy chains have been...
by pseudo3d
August 9th, 2018, 7:59 pm
Forum: Non Region-Specific
Topic: Kroger to "explore strategic options" for Turkey Hill brand
Replies: 8
Views: 387

Re: Kroger to "explore strategic options" for Turkey Hill brand

But at the same time, again, I am not sure why Kroger wants to sell off legacy assets that seem stable and profitable, in order to throw money into all these technology initiatives yet they can't even do a simple technology initiative such as accepting Apple Pay in their stores. I can't imagine Tur...
by pseudo3d
August 9th, 2018, 7:56 pm
Forum: Southeast USA
Topic: Publix buys Florida Safeway supermarkets
Replies: 14
Views: 1086

Re: Publix buys Florida Safeway supermarkets

I'm sure that the Rite Aid merger and the lack of synergy (and more importantly, the need for cash) was an important reason to get rid of Safeway FL, but really--even not counting that, they weren't really doing much. They didn't participate in the Monopoly promotion for some reason (supposedly due ...
by pseudo3d
August 9th, 2018, 7:46 pm
Forum: Drugstore Chains
Topic: Albertsons/Rite Aid Merger is off: What's next
Replies: 22
Views: 254

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

Honestly, I am glad this merger was called off. Rite Aid, which let their acquired-from-PayLess stores go for a LONG time, has been doing some nice looking remodels as of late, and their new-build stores I have seen look good. While pricing is still a problem, the store experience has improved cons...
by pseudo3d
August 3rd, 2018, 10:10 am
Forum: Specialty Retail Chains
Topic: 7-Eleven to buy Stripes
Replies: 62
Views: 7358

Re: 7-Eleven to buy Stripes

http://www.cspdailynews.com/mergers-acquisition-growth/mergers-acquisitions-news/articles/sunoco-final-steps-sell-1100-c-stores The end is near. I'm surprised they aren't mentioning divestments in the overlapping markets, though only one market I can think of (Waco) really has actually has overlap....
by pseudo3d
August 3rd, 2018, 8:44 am
Forum: Southwest & Hawai'i USA (Excluding California)
Topic: Safeway Fire. At 35th and Northern Phoenix
Replies: 34
Views: 1262

Re: Safeway Fire. At 35th and Northern Phoenix

I have no idea what the real estate market is like in Arizona, but if the market has become inflated, that could be a factor here. I do know that was a factor with the Kmart in Santa Rosa, which was not owned by Kmart. In that case, there had already been talk about rebuilding/redeveloping (not nec...
by pseudo3d
August 1st, 2018, 7:22 am
Forum: California USA
Topic: 08/14: 21 Kroger FoodsCo locations to stop accepting Visa Credit Cards
Replies: 11
Views: 481

Re: 08/14: 21 Kroger FoodsCo locations to stop accepting Visa Credit Cards

Why is Kroger specifically banning Visa? It looks like they had some sort of fee dispute, but it's one of the common ones and not something like American Express (which has higher fees than Discover, Visa, or Mastercard, even though they cut their fees down recently...and won a Supreme Court case la...