Retail Watchers

No argument, but miles put on surplus merchandise reduces the profitability pretty quickly. Upstate NY (like Michigan) has significant agriculture (tree fruit orchards etc) as well as processing facilities which are really the bedrock of an operator like this---there are STILL overruns and obsolete ...

I wonder if they're just a little over-expanded on the west coast--leading to not enough bargains and specials popping up to keep their channels full. Perhaps a more even distribution of locations (including expansion into NY/New England) will assist them with perishable closeouts (closer to manufac...

Last week had a wander through the Cathedral City (Date Palm/Ramon) RA. Huge rather echo-y in-line store in a strip center (also a Stater and smaller stores in the center). Oddly, no scooped Thrifty ice cream----plenty of room. Anyway, the checker (smile-y Hispanic guy) was charming and friendly--re...

I've got very limited experience with Sheetz---was in Lorain County, Ohio a year ago December when a Sheetz opened up at Rt 58 and 2 in Amherst...they were running gas price promotions, and noticed they had multiple e-XX grades of gasoline (which we're not familiar with in Michigan). Gas prices were...

https://www.freep.com/story/news/local/michigan/2024/02/08/sheetz-rezoning-madison-heights-opposition/72525972007/ Fraser and Madison Heights are solidly middle class postwar second ring suburbs. Madison Heights (12 Mile Road) is bisected by I-75, Fraser does not have an interstate. Interesting that...

https://www.newspapers.com/article/detroit-free-press-kroger-buys-great-sco/25961537/ In the story there's a mention of Kroger "investing" in Michigan---in the mid 80s they had a big "do we stay or do we go" crisis in Michigan, the result of which (as I recall) was two-tier wage ...

Given the location (Banner Elk) I wonder if this isn't at a resort of some nature. Thought I'd heard in the last 6 months or so about DG moving into some of these type stores (where resort staff can do receiving/stocking) in state parks etc. Sizes appeared to be "only carryable" as the lar...

I find it odd that Puerto Rico McD's menu is connected to Mexico McD's menu. The cuisines are very different. Caribbean is highly Afro influenced where Mexico (including Central & S. America) is strongly Indigenous influenced. [/quote] Puerto Rico gets weird stuff all the time---the offshore ar...

This is a really interesting blog about retail banking and how it's changing. Interesting deep-dives into specific lines of business. The topics are things which we may do every day but never think about what's behind.

https://www.bitsaboutmoney.com/