Box & Junior Box Tenants are Back-Filling Space

This article is simply a pragmatic view of the vacancies in the retail world, who's failing, and who is backfilling those empty spaces.  Some very good basic statistics are provided, including a chart which concurrently shows, space supply, demand and vacancy. 

CoStar Article

Lowe's Plans to Add 45 Stores This Year

Here's some news from a tenant who has been pretty quiet. 

BidnessEtc Article

Lowe's making a Big Splash in Canada

Lowe's is buying a market leader in Canada. 

icsc.org Article

Home Depot & Lowes: Strong Performance

Forbes Article

Lowe's is Trying Some Smaller Format Stores

Biz Journal Aritcle

Lowe's to Open D.C. Store

It's been a while since I have seen news of a new Lowe's store, so I wanted to bring special attention to this one.  

Washington Business Journal Article

2012 Top 100 Retailers

Great list from Stores' web site.  Check it out.  


Stores.org Article

Top Brands of 2012

Interbrand has released its top brands of 2012.  5 out of the top 10 are anchors. The link below will allow you to download the full report.  Check it out...


Interbrand Report

New Store Announcements (December & January)

Books A Million – Mays Landing , NJ

Buybuy Baby – Jacksonville, FL – 25,000 SF

Cabela’s - Snohomish County, WA

Costco – Augusta, GA

Costco – Sarasota, FL

Dick’s Sporting Goods - Bluffton, SC - 30,000 SF

Dick’s Sporting Goods - Portage MI

HHGregg – Greenfield, WI

Hobby Lobby – Algonquin, IL – 55,000 SF (to open in March/April)

Hobby Lobby - Anderson, IN - 55,600 SF

Hobby Lobby – Andrson, IN, 55,600 SF

HomeGoods - Southlake, TX - 30,000 SF

LA Fitness – Dallas, TX, 50,000 SF

Lowe’s – Kill Devil Hills, NC

Office Depot – Hoboken, NJ – 5,000 SF, 21 employees

Office Depot – Merrillville, IN – 19 employees

Office Depot – Wichita Falls, TX

Party City – Port Orange, NJ

Petsmart – Jackson, MI

REI – Cary, NC, 27,200 SF

REI – Cincinnati, OH, 22,000 SF

REI - Dallas, TX

REI – Medford, OH, 23,500 SF

Shoe Carnival - Dallas-Fort Worth, TX - 11,000 SF

TJ Maxx – Brooklyn, NY – 23,000 SF

TJ Maxx – Oshkosh, WI – 24,000 SF (opening early Spring)

TJ Maxx – South Lake Tahoe, UT

Tractor Supply Company – Marianna, FL – 26,000 SF

Tractor Supply Company - Rocky Mount, Franklin County, VA - 19,097 SF

Trader Joe’s - Dallas and Plano, TX

Trader Joe’s – Foxboro, MA

Walmart Express – Ayden, NC

      Walmart Express – Yancyville, NC

Lowe's Closing 20 Underperforming Stores, Future Growth Limited

Lowe's will be closing 20 underperforming stores in 15 states.  Future growth will include approximately 10 to 15 new stores per year rather the anticipated 30 stores.  See the Lowe's press release for a list of towns where the stores will close.
Market Watch Article
Lowe's Press Release

Is Home Depot's Stock Cheap?

The Motley Fool helps us to analyze Home Depot and how it stacks up to its competition and other big boxes over the past five years and the coming five years using growth, P/E Ratio, EV/FCF Ratio, Net Income Margin, and Cash Flow Margin.  


The Motley Fool

Home Depot's Free Cash Flow (FCF)

Back when the economy really started to change, I recall Home Depot being one of the first anchors to pull back on new store expansion, so I have kept somewhat of a watchful eye on them.  The article below is a very basic view into the Free Cash Flow (FCF) of the company and how it compares to competitors as well as other well known anchors.  As far as FCF is concerned in this brief comparison, Home Depot comes out ahead of the others.  This explanation of FCF will help too in your monitoring of other companies.  


Motley Fool Article

Retailers on Fortune's Top 50 Most Admired Compaines

Congrats to McDonald's, Walmart, Starbucks, Nordstrom, Target, Costco, Best Buy, Yum Brands, and  Lowe's.  

About.com Link