Sunday, September 25, 2011

New Store Openings During Week of 9/12 & 9/19

The following is a list of new stores that were announced in various articles I found while researching for my blog.

Week of 9/12/11 & 9/19/22
Bed Bath & Beyond – Duluth, MN
BJ’s Wholesale Club – Northborough, MA
BJ’s Wholesale Club – Port Orange, FL, 86,000 SF
Burlington Coat Factory – Lafayette, LA, 150 jobs
Dick’s – Layton, UT
Dick’s – Heath, OH
Eastern Mountain Sports – New York, NY
hhgregg – Clairsville, OH
hhgregg – Orland Park, IL
Hobby Lobby – Everett, WA, 55,500 SF
Hobby Lobby – Bridgeton, NJ
Hobby Lobby – Millville, NJ, 58,822 SF
HomeGoods – BelAir, MD, 25,000 SF
JC Penny - Dallas, TX
Kohl’s – Savannah, GA
Michael’s Arts & Crafts – Eatontown, NJ
Old Navy – Lake Grove, NY
Ross – Honolulu, HI, 40,000 SF
Ross – Morton Grove, IL
Ross - Windcrest, TX, 25,000 SF
Sam’s Club – Aiken, GA
TJ Maxx – New York, NY (Wall Street), 32,000 SF

Hobby Lobby to Millville's Cumberland Crossing

See the following article on Hobby Lobby's new location in  Millville, NJ

Vineland Daily Journal Article

Friday, September 23, 2011

Costco Holding Strong

Kudos to Costco with their strong consistent performance.  This article sums up their most recent performance and position in the marketplace. Article

Kmart & Sears...Time to Keep a Close Eye

This article is a nice summary of the Kmart and Sears current state of affairs.  This new reality that we all live and work in is a tough place for a business who can't seem to find a good direction.

ABC News Story

Monday, September 19, 2011

Target Does it Again!

Target successfully launched another relationship with a high-end label.  This time it was Missoni.  As widely report, the Target web site crashed several times and their were lines in many stores when the clothes were made available.  

Washington Post Article

Levin Furniture & Some Big Stores

Levin Mattress (aka Levin Furniture) is opening some big stores in the Pittsburgh and NE Ohio markets.

Furniture Today Article

Sunday, September 18, 2011

The Produce is on the Roof

Sorry, I couldn't resist posting this article.  Look at the points the author is making about why it's better to grow the produce on the roof.  

UPI Article

One Person's Take on J.C. Penney

Click on the link below to understand one person's take on J.C. Penney, their current status, and where they are headed.  This person is bullish on the company.  

Seeking Alpha Article?

Sunday, September 11, 2011

Sears Holdings Looking to Leverage Brands

Is Sears Holdings finally going to start focusing on selling the brands worldwide in other venues as well as making money off their vast real estate holdings?

See the good article from Seeking Alpha.

Burlington Coat's New Line of Credit

Burlington Coat now has an amended credit agreement that will now come due in September of 2016.

Market Watch Article

Thursday, September 8, 2011

Will Sears Kmart Last Another Year?

The following is one person's blunt analysis of whether the once retailing giants will last much longer.  Your thoughts?

Esquire Article

New Store Announcements - Week of 8/29/11 & 9/5/11

The last two weeks have proven to be slow when it comes to news....

Weeks of 8/29/11 and 9/5/11
Books-A-Million – Sumter, SC (Former Walden Books)
Books-A-Million – Birmingham, VA (Former Joseph-Beth Booksellers)
Dick’s – Peach Tree, GA
hhgregg – Naperville, IL, Avg. 30,000 SF
HomeGoods – Farmington, UT
HomeGoods – Murray, UT
HomeGoods – Point Loma, CA
HomeGoods – Swampscott, MA, 24,400 SF
HomeGoods – Maple Grove, MN, 25,222 SF
Kohl’s – Danville, IL, 55,882 SF
Marshalls – Farmington, UT
Marshalls – Spokane, WA
PetSmart – Peachtree, GA
Target – Inver Grove Heights, MN, 135,000 SF
Ulta – Farmington, UT

Costco's CEO to Retire

Costco's co-founder, Jim Sinegal, who is known for his colorful personality and love for the $1.50 hot dog and soda, is retiring at the age of 76.  He is revered for not making decisions to appease Wall Street at the expense of his customers and employees.  This philosophy is an example of his well known high level of integrity.  Jim will work one more year full time for the company, helping with the transition and then he remain on the board of directors.
Seattle Times Article

Better article...from the Washington Post...
Washington Post