Retail Watchers

I could see Albertsons LLC buying Safeway and keeping the Safeway name where there are no Albertsons, like Northern California, Hawaii and the DC area. But I could only see Kroger getting involved where there is not much overlap and some of the stores going away. In terms of Seattle, inside the city...

Sobeys has found buyers for the stores that they agreed with the Canadian government to get rid of. They also added some stores that they were not required to get rid of. But it looks like the Safeway banner on Vancouver Island will be gone. The Safeway stores there are going to become Save On Foods...

Merger is now complete!

http://ir.kroger.com/phoenix.zhtml?c=10 ... highlight=

Pacific Place Mall in Downtown Seattle is for sale. Hmmm...I wonder if GGP, the owners of nearby Westlake Center might want to buy it and co-market both malls?

Here's the article from the Seattle Times: http://seattletimes.com/html/businesste ... cexml.html

Interesting news of further Sears decline from north of the border.

http://www.seattlepi.com/business/artic ... 014377.php

The Canada Safeway purchase by Sobeys has been finalized. Here are the details:

http://business.financialpost.com/2013/ ... f-safeway/

Here is the latest. The buyout of Canada Safeway by Sobey's has been approved.

Here is the story:

http://www.cbc.ca/news/business/sobeys- ... -1.2159468

I know that JC Penney has had its share of problems but hopefully they will look at what Sears has done wrong and avoid it! If Penney's does recover, I wonder if Sears Canada would be something they should take over?

A Safeway takeover by Cerberus would be interesting. I could see the Safeway banner surviving in Northern California and the Carrs/Safeway banner in Alaska. There would be a lot of overlap with many stores being sold off. But I can see Albertsons picking up some urban Safeways as there are not a lot...

That is interesting. In the past couple of decades, Safeway usually would not sell or lease their old building to other grocers. I know there have been exceptions, but usually that has been the case according to my observations!