Retail Watchers

Docket 694- Dollar Tree purchases hundreds of leases and all intellectual property This docket has 112 leases and all intellectual property. The 112 leases in Docket 694- it says Dollar Tree agreed to purchase "shelving" in those stores for $1,724,767. It appears they are paying $115,000 ...

It has nothing to do with the shrimp. Ridiculous media interpretation trying to distract from the real issue the private equity rape of the chain. Must have assigned the politics reporters to this story. Tying up contracts has a lot to do with these things, in this case, Red Lobster's majority owne...

Most of the afternoon was not particularly substantive. I gather, though, that they are preparing for more Stop & Shop closures, potentially a large number: "We've completed the overall portfolio assessment [of Stop & Shop]. We won't share the exact number of impacts on those stores to...

The Ralphs I suspect was a store program that was not corporate authorized as signs were store made. But the Albertsons was definitely a corporate sign package for the self checkout. It was the pair type back to back, and the back units facing the Starbucks were closed. The two open ones faced the ...

I'm on the Strategy Day call now. There's currently a discussion of the European brands, which I am not paying close attention to. However, JJ Fleeman, the CEO of the US division, spoke giving a high-level overview of the strategy for the US stores. Nothing too surprising for most of it: 85% of Aho...

The busiest, and arguably one of the best kept and operated JCPenney stores I have seen in SoCal is going to be booted from the Fashion Valley mall to build apartments, even though it is surrounded by delayed or canceled apartment projects. There is plenty of land adjacent to develop instead and a g...

That is a massive closure round to close everything left on Sunday. I think at least half of the stores are still open. Shelving was sold at the stores that closed in my area and one store got rid of quite a bit of shelving. I don't think the others sold any shelving. I have yet to see them sell an...

Back on topic, Target has a total operating margin of 5.4%. Last year it was 3.7%, indicating that maybe a maximum of 1.7% of any given price increase was discretionary to increase profit. Or your $100.00 transaction became $101.70. And we know that isn't really accurate either as Target had problem...

It has nothing to do with the shrimp. Ridiculous media interpretation trying to distract from the real issue the private equity rape of the chain. Must have assigned the politics reporters to this story. Tying up contracts has a lot to do with these things, in this case, Red Lobster's majority owne...

According to ads on Facebook, Sunday is the final day for all stores. I haven't inquired directly about fixtures, but I have noticed they're not selling much. Free-standing items seem to be sold while shelving and perimeters are being left alone. Maybe they had a bid for the entire lot of shelving?...