Ahold Eyeing Harris Teeter
This may turn out to be quite an active year for acquisitions in the retail sector. Bloomberg reports that Dutch supermarket operator Royal Ahold NV has contacted Harris Teeter’s financial advisor JP...
View ArticleSome Amusing Facts About Wal-Mart
For example, did you know that one of the chain’s best-selling products is bananas? Or that CEO Michael Duke makes more money in an hour than many Americans make in a year? If not, check out this...
View ArticleInside the J.C. Penney Overhaul
The Wall Street Journal has just published an in-depth analysis of Ron Johnson’s time at J.C. Penney. The article paints a picture of someone intent on changing the department store chain’s existing...
View ArticleApt Metaphor for Sears’ Future?
Business Insider just published a collection of photographs of Sears’ old headquarters campus near Chicago. Thirty years after the retailer moved its offices to the iconic Sears Tower, the old campus...
View ArticleWal-Mart Growth Heavy on Small-Format Stores
After facing a few hurdles in developing its small-format units, Wal-Mart is reporting its Neighborhood Market and Express locations are taking market share away from dollar stores, supermarkets and...
View ArticleKimco Subpoenaed in Case Against Wal-Mart
The Wall Street Journal reports that shopping center operator Kimco Realty Corp. has received a supboena from the Securities and Exchange Commission related to the case against Wal-Mart in Mexico. In...
View ArticleHot Topic Sold to Private Equity Firm
The teen apparel retailer struck a $600 million deal with Sycamore Partners, according to the New York Times. Sycamore Partners already owns women’s apparel chain Talbots.
View ArticleIs Johnson Being Forced Out at J.C. Penney?
The New York Post just refuted the rumors that Ron Johnson has already left the department store chain, but it sounds like many people would like for him to leave and that his days at the company may...
View ArticleA&P Gets Ready to Sell Some Non-Core Holdings
The company has entered contracts for a combination of leasehold sales and sale-leaseback transactions, according to the Progressive Grocer. It expects that the sales will help it generate more than...
View ArticleAnother Outlet Center Battle Plays Out in New Orleans
The Howard Hughes Corp. and its decision to expand and redevelop the existing Riverwalk Marketplace into an upscale outlet center have forced the smaller DAG Development to abandon its plans for a new...
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