Search found 3892 matches

by pseudo3d
Today, 9:02 am
Forum: Restaurant Chains
Topic: Red Lobster Considering Bankruptcy Filing
Replies: 24
Views: 809

Re: Red Lobster Considering Bankruptcy Filing

Chili's and Fridays have been closing stores for years and just announced a new round of closings. Applebee's continues to close stores and seems destined to become a mostly small market operation, at best. Denny's has had several rounds of closures---I think they benefited, over time, by the decli...
by pseudo3d
Yesterday, 9:09 am
Forum: Non Region-Specific
Topic: 99 CENT ONLY closing
Replies: 72
Views: 2706

Re: 99 CENT ONLY closing

Hi folks, I'm a long-time listener and a first-time caller. GOB Sales in Texas have essentially matched out-of-state operations. Our stores are now advertising that they're in their final seven days, and I've been referred to next Monday for fixture sales. Still, no WARN notice has been posted, but...
by pseudo3d
Yesterday, 8:57 am
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 438
Views: 27960

Re: 🛒 Kroger-Albertsons Merger: National Impact

Reuters says C&S is buying 166 more stores, along with the Haggen banner, and the Signature and O Organics brands: https://www.reuters.com/markets/deals/kroger-albertsons-amend-asset-sale-agreement-with-cs-wholesale-2024-04-22/ My gut reaction is that this isn’t going to satisfy the question th...
by pseudo3d
April 21st, 2024, 9:22 pm
Forum: Drugstore Chains
Topic: Rite Aid closing at least 63 stores
Replies: 1569
Views: 149154

Re: Rite Aid closing at least 63 stores

Some of the worst business failures have been chains that decided "no matter what" they were going to execute a chain wide remodel to make over their stores into something different and they bankrupted themselves due to unexpected sales impacts from the process. To be honest, I'm having t...
by pseudo3d
April 21st, 2024, 12:04 pm
Forum: Restaurant Chains
Topic: Red Lobster Considering Bankruptcy Filing
Replies: 24
Views: 809

Re: Red Lobster Considering Bankruptcy Filing

Chain restaurants are getting a lot of flack in the news and it is misdirected. Comments like "people don't eat at big chains anymore" or "people don't eat at sit down restaurants anymore" yet you see plenty of growth at newer concepts that deliver consistently good service and ...
by pseudo3d
April 21st, 2024, 10:13 am
Forum: Midwest & Plains USA
Topic: Hy-Vee buying Strack & Van Til
Replies: 13
Views: 662

Re: Hy-Vee buying Strack & Van Til

It was a big deal when local ownership outbid Jewel for the stores (the main issue was overlap), but then they decide to sell out anyway, this time to Hy-Vee?
by pseudo3d
April 19th, 2024, 1:13 pm
Forum: Drugstore Chains
Topic: CVS pulling out of Puerto Rico (22 stores)
Replies: 18
Views: 1396

Re: CVS pulling out of Puerto Rico (22 stores)

I have seen many drugs made in Israel. However I have seen some weird stuff from insurance plans. One insurance administered by Caremark will not pay for atorvastatin made by Teva Pharmaceuticals. Teva is an Israeli company. Another issue I have seen is a Catholic Health Plan that refuses to pay fo...
by pseudo3d
April 19th, 2024, 11:43 am
Forum: Non Region-Specific
Topic: The backroom at TJs
Replies: 18
Views: 652

Re: The backroom at TJs

veteran+ wrote: April 19th, 2024, 9:16 am https://www.supermarketnews.com/retail- ... ailer-year

No comment :x
Maybe they shouldn't be using fly-by-night factories to supply food. Remember the Peanut Corporation of America scandal?
by pseudo3d
April 19th, 2024, 7:45 am
Forum: Restaurant Chains
Topic: Red Lobster Considering Bankruptcy Filing
Replies: 24
Views: 809

Re: Red Lobster Considering Bankruptcy Filing

Interesting because ten years ago Darden separated Red Lobster and was crucified as if they had sold off their best asset. They must have known something back then, maybe some bad lease deals. Darden is still growing and adding restaurants while Red Lobster has been downsizing and struggling to mai...
by pseudo3d
April 18th, 2024, 5:18 pm
Forum: Department Store Chains
Topic: First New JCPenney In 8 Years Opens
Replies: 32
Views: 1275

Re: First New JCPenney In 8 Years Opens

Once all the leases are cycled through and nobody has these large penalties for absent anchors anymore then I expect we will see Brookfield and Simon sell their interests in JCPenney to private equity or someone else who will gradually wind it down like Sears by selling off the real estate a store ...