Retail Watchers

I missed it, but they did file for bankruptcy. I haven’t been following the news, but they’ve been mulling bankruptcy for two months due to cash shortages. One report (paywall) suggests their foot traffic declined sharply last year after it began raising prices (out of necessity). If they did then ...

Sad to see them go. I’ve spent by far more time in their stores through the years than any other retailer. 99 was a life saver for me in my 20s (into my 30s). It allowed me to have nice things and eat healthy in an era when the Great Recession derailed my professional career and saw me take on a jo...

Sad to see them go. I’ve spent by far more time in their stores through the years than any other retailer. 99 was a life saver for me in my 20s (into my 30s). It allowed me to have nice things and eat healthy in an era when the Great Recession derailed my professional career and saw me take on a job...

Let's face it, this is a "hail Mary" desperate attempt to put together a partial buyout when there is no bankruptcy involved. These private equity folks obviously have the plan to cash out everything they can and write off all the rest as a massive loss against their taxes. They notably d...

I think they'd have to make some pretty significant changes. 99 Only is a lot different than these stores. The greater focus on groceries and consumables are why 99 Only was so high traffic. Taking the 99 Only food/consumables/seasonal program and putting this general merchandise program on top of ...

He's actually the current CEO of Pic 'N' Save Bargains. His two currently open stores are probably the best clue on how he'd run the former 99 Cents Only stores. https://pnsbargains.com/ https://maps.app.goo.gl/Jyw59kqHZYnas2bH9 https://maps.app.goo.gl/snDP6hsszSogKQ4Q9 I think they'd have to make ...

Investor Group Looks to Save the 99 Cents Only stores in Southern California https://lamag.com/news/investor-group-looks-to-save-the-99-cents-only-stores-in-southern-california?utm_content=buffer58168&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&fbclid=IwAR0bsM8NuhJ...

I've been talking about this for quite some time now. The situation is fluid but I have found locally both McDonald's and Burger King have lower prices on their apps versus in restaurant, and also offer massive discount deals not available without the app. Basically these restaurants have decided t...

Looks like effective last Monday, most Albertsons/Vons/Pavilions will be open 6AM - 10PM. Previously, these stores were open until 11PM and some opened at 5AM. Prior to the pandemic, many were open until 12AM-2AM. It’s only been recently that some locations near Los Angeles saw their hours expanded....

Another sign I’m getting old. I can recall, over 20 years ago, when waits to eat-in would exceed two hours most weekends. Now, the restaurants are pretty much dead. The last time I dined at Outback was nearly a decade ago, when they had the weekday special for a 6oz sirloin, one side and drink (unli...