The two newest Michigan closures--Bridgman is a frontier store (I-94 nearly at the Indiana border with Lake Michigan on the other side) and has 3 stores remaining within 20 miles. Clawson is kind of a weird store--outlot of a full-but-somewhat-oddly-distressed strip center (Dollar Tree/Burn Fitness ...

Had a friend who invests in real estate several years ago mention that Walgreens does a huge number of triple-net leases throughout their footprint--he considered investing in one/several but didn't end up doing it.

This was an interesting Reddit thread. Thanks for posting.

Part of why Publix seems maintained well is due to the construction of the stores. Many stores have that terrazzo flooring which basically just looks good forever. Publix Stores do not appear to get the wear and tear of a Wal Mart or a Target type store (fewer giant groups of customers shopping the...

Curious--does anyone know of a particularly high-volume Super in metro Kansas City--we're headed there in a week or so with some time to kill and would be curious to see one.

The thing is the bank doesn't even know the restaurant has problems until it is much too late. The restaurant closes and is out of business, evicted, bankrupt, and with a lapsed franchise agreement before the bank even knows what is going on it seems. Yup, that's the situation w/franchise businesse...

This analysis makes so much sense. My last engagement with Target corporate was about 10 years ago at a diversity MBA college recruiting fair in Chicago. They were one of the key sponsors, and were truly handling things in a verrry classy manner (swag bags, merch, etc etc etc). They were definitely ...

somewhat akin to Target Canada....

Wandered through the last nearby store I'd missed in Oak Park, MI. Standalone store, built as RA w/drive through on major intersection. Larger than nearly all the other stores I'd seen. Looked pretty dreadful inside with empty shelves and very slim stocking. Store was clean and presentable though. I...

Your last statement says it all. WFM is more-than-minimally competent at running a store, and that they needed to absent themselves from the trainwreck is so very telling. As you've stated, this is an Amazon Tech endeavor, and they recruited the best translators-of-retail-tech-to-a-retail-floor that...

I think they're definitely more "on their game" here in SE Michigan than in other places; with them being whipsawed between Meijer and Kro-Mart....stores are immaculate--floors shiny--was at one store yesterday (Madison Heights) where literally EVERY employee had a huge smile on their face...