March 30, 2022
The Save Mart Companies announced it was acquired by Kingswood Capital Management. Kingswood is an operationally focused private equity firm based in Los Angeles, which most recently acquired Cost Plus World Market from Bed Bath & Beyond in ... Read more
March 23, 2022
Dollar General’s 4Q21 sales grew 2.8%; however, comps fell 1.4%, the 4th quarterly decline in a row, driven by a continued fall off in traffic, partially offset by gains in average ticket. Most categories saw comp decli ... Read more
March 16, 2022
Amazon has informed gig workers selecting items at local Whole Foods stores for delivery to customers that they soon will become Whole Foods employees. The change marks Amazon’s latest effort to simplify its sprawling grocer ... Read more
March 9, 2022
Amazon announced plans to close all 68 of its physical book stores, pop-up shops and 4-star stores in the U.S. and U.K. The Company continues to invest in other concepts like Amazon Fresh, which it has grown to 23 stores; Whole Foo ... Read more
March 2, 2022
Amazon has introduced its Just Walk Out technology to a new Whole Foods in Washington D.C. The store is 21,500 square feet and opened on February 23. It is the first of two Whole Foods expected to open this year ... Read more
February 23, 2022
Amazon will face a union election at one of its warehouses on New York’s Staten Island next month, Workers at the Staten Island warehouse, known as JFK8, will cast their ballots between March 25 and 30, according to the A ... Read more
February 16, 2022
CVS Health reported stronger-than-expected 4Q21 results, with the top line growing 10.1%, again thanks to COVID vaccinations and testing. The Company said it has administered more than 59 million COVID-19 vaccines and 32 millio ... Read more
February 9, 2022
ALDI is continuing its aggressive growth strategy with plans to open about 150 new stores this year. This puts it on track to become the third-largest U.S. grocery retailer by store count by the end of 2022. As part of its South ... Read more
February 2, 2022
Amazon is launching a new Amazon Go format for the suburbs, with plans to open a 6,150 square-location in Mill Creek, WA, followed by another in Los Angeles, CA. The first new-concept Amazon Go will have front-of-store sell ... Read more
January 26, 2022
Last week, Transformco (New Sears) permanently closed the Fort Lauderdale, FL Sears store and sold the underlying property to RK Centers, which is planning a mixed-use development for the site. Liquidation firm SB360, which is w ... Read more
