Search found 994 matches

by wnetmacman
March 23rd, 2024, 3:41 pm
Forum: Department Store Chains
Topic: Macys Stores Closing by 2026
Replies: 30
Views: 2425

Re: Macys Closing Stores by 2026

I see a few on this list that are no surprise: Irving Mall, Irving, TX - the last department store in normal mode there. Mall is largely empty Town East Mall, Mesquite, TX - already has the Sears anchor empty; Macy's going would probably continue the fall from grace for this one. Shops at Willow Ben...
by wnetmacman
March 20th, 2024, 12:12 pm
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

A&P operated a 55k square foot food and drug chain in the Southeast called The Family Mart in the 1980s and attempted to re-enter Florida after leaving in the 1970s (link). When they left, Kroger bought them all and converted to Florida Choice, though Kroger left within a year or two. Grand Uni...
by wnetmacman
March 20th, 2024, 6:26 am
Forum: Restaurant Chains
Topic: Subway Switches To Pepsi For 10 Years From Coke
Replies: 19
Views: 533

Re: Subway Switches To Pepsi For 10 Years From Coke

Subway is switching to Pepsi for 10 years. Previously the chain used Coke. No more Coke Freestyle machines for Subway. They say Pepsi is cheaper for restaurants, but more people prefer Coke products. https://fox59.com/news/national-world/in-rare-shift-subway-says-its-ditching-coca-cola-products/ Pr...
by wnetmacman
March 19th, 2024, 2:22 pm
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

There were no problems with Albertsons in Florida. Everyone I visited were clean, modern, well staffed and well run. The "problem" was they did not have enough stores to make a difference and for some reason would not build more stores. I think they would have taken W/D to the cleaners IF...
by wnetmacman
March 19th, 2024, 9:32 am
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

As for acquisitions, I haven't seen any good ones for either company. Maybe Giant Eagle for Albertsons if they divest the gas station business (which accounts for half of the company), and they probably should've considered SEG again after BI-LO vanished and before Aldi bought it...but they need to...
by wnetmacman
March 15th, 2024, 8:58 pm
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

Unless Kroger has a large termination fee owed to Albertsons Section 8.4d of the SEC filing. Kroger is the parent in the agreement: " As used herein, “Company Termination Fee” means a cash amount equal to $318,000,000. As used herein, “Parent Termination Fee” means a cash amount equal to $600,...
by wnetmacman
March 15th, 2024, 11:56 am
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

Safeway wasn't a lost cause in the divisions it divested I kind of disagree. The Dallas division was plagued with a union instability that was threatening the whole company - not just that division. When you combine that with an older and smaller store base containing mostly in-town, non-suburban s...
by wnetmacman
March 15th, 2024, 8:54 am
Forum: Southeast USA
Topic: ALDI to acquire Winn-Dixie
Replies: 210
Views: 19122

Re: ALDI to acquire Winn-Dixie

That is my impression. The first time I went into one of these decades ago I was blown away by how cheap everything was. Compared to other stores it almost felt like free food. And the quality was above average for generics. The store was orderly and spartan. NOW- the price gap between them and oth...
by wnetmacman
March 15th, 2024, 8:48 am
Forum: Non Region-Specific
Topic: 🛒 Kroger-Albertsons Merger: National Impact
Replies: 365
Views: 23635

Re: 🛒 Kroger-Albertsons Merger: National Impact

The stores there seemed to sell before they were closed. One store was sold to Kroger (which closed it within a year), several were sold to H-E-B and never reopened as anything, and a few got converted to Fiesta Mart which also would close them. (Fiesta seemed to be a poor operator for the former M...
by wnetmacman
March 13th, 2024, 2:47 pm
Forum: Southeast USA
Topic: ALDI to acquire Winn-Dixie
Replies: 210
Views: 19122

Re: ALDI to acquire Winn-Dixie

They never seemed to take off in Texas (only a handful of stores in the Texas Triangle, plus some new-builds in Houston and Dallas). They aren't busy and rarely have more than one checkstand open. I'm sure they still turn a profit but they sure haven't been enthusiastic on TX expansion and not hard...