Retail Watchers

Everyone in the retail business saw first hand what happened to Haggen, and Fred's is either controlled by idiots who have no idea what they're doing or has a master plan that can succeed (in theory). I saw an article that says that they're headed by execs from Walgreens and CVS now. We'll see. The...

If fred's fails as a national competitor, would someone like Dolllar General be interested in getting into the pharmacy game, or just take over some locations for its typical general merchandise offering in markets where they aren't near saturation?

Although, how much would they have been anyway? The areas that A&P had stores only slightly overlapped the fringes of Price Chopper/Market 32 areas (a few in southern NY, the ones in CT are probably closer to NY than most of the PC locations in the state, maybe some in PA) - PC isn't in NYC, NJ...

They are looking for an investor or investors to help pay for their Market 32 conversion effort. That would stop short of an outright sale, but the ownership structure of the company could conceivably change. Golub was a non-player in the A&P auction, which indicates to me how much capital and m...