Retail Watchers

ClownLatch brings up some excellent points. I don’t agree chains have a natural flight — many (Denny’s,, Chili’s, Friday’s, etc.) have a managed to stay revelant even as their peers perished. And Texas Roadhouse continues to grow and thrive while Outback does the opposite… even though Texas Roadhous...

No additional discounts here. The Lake Forest locations were pretty much cleaned out last weekend. Foothilsl Ranch doesn’t even look like it’s going out of business. Still had most produce, all marked 50% off. That is a cursed location. Can't believe they actually bought the building. Why do you th...

In fairness, Red Lobster was never that big in SoCal. I’m thinking that it could not compete with plethora of fresh seafood as well as Asian restaurants throughout the area. California Fish Grill is a better product IMO, although it’s not sit down. We sometimes go to the location in Garden Grove. It...

No additional discounts here. The Lake Forest locations were pretty much cleaned out last weekend. Foothilsl Ranch doesn’t even look like it’s going out of business. Still had most produce, all marked 50% off.

So the backrooms are STUFFED FULL in both Reno and Sparks. The stores are closing on or BY April 28 (some employees think they could be closed any second). So I asked what is happening to the stuff in the backroom. I was told they are going to pick it all up and nothing more is going to be stocked....

Sparks 99 Only was told their last day will be April 28. They had previously been told June 3. There is still a LOT of product in the backroom at this store. They are not making much effort to get it out onto the sales floor. I am wondering if they will just pick it up and sell it in SoCal. It appe...

ClownLatch, There's a really good write up in today's LA Times about the fall of 99 Cents Only. * the company's assets are fully leveraged; * losses & cash burn rate are accelerating; * it has desperately sought out a buyer(s) and/ or new investors for quite awhile; * it has looming financial ob...

ClownLatch, It’s prwtty clear the chain is losing money and had been for quite awhile. I don’t think there’s any real estate left to sell — an article published late last year mentioned that they had sold the Commerce property out of desperation to raise cash, and it was the last remaining asset ava...

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...