EQUITY RETAIL BLOG

Who is Tesco and why should we care?

Tesco (LSE: TSCO), based in England, is the world’s third largest retailer, with stores in 14 countries across Asia, Europe and North America. With market share of approximately 30%, it’s the clear grocery leader in the UK. Tesco introduced Fresh & Easy Neighborhood (grocery) Markets to the Western U.S. in 2007, and there are already 168 stores in […]

Weis Markets Posts Increase in Income

Weis sometimes gets lost in the supermarket shuffle in eastern PA and southern NJ, but they continue to fare pretty well. http://www.philly.com/inquirer/breaking/business_breaking/20101014_Weis_Markets_posts_4_9__increase_in_3Q_income.html

Supervalu Takes $1.6B Charge

“Given the slower than anticipated economic recovery, we see a longer timeline for our corporate initiatives to gain traction,” said Craig Herkert, president and chief executive officer. I agree that the economy is recovering, although I’m not sure I ever thought it would be anything other than painfully slow. As a former PR guy and public company spokesperson, […]

Safeway has a plan, according to CEO Steve Burd

For Genuardi’s sake, let’s hope his plan is a good one. http://www.businessweek.com/ap/financialnews/D9IRI8600.htm

ShopRite Remodel Cuts Energy Costs by 20%

I imagine other supermarket operators will follow ShopRite’s lead. 20% is an impressive savings. ShopRite Remodel Cuts Energy Costs by 20%

National Retailers Adapt to Consumers' 'New Normal' - CNBC

Kimco CEO David Henry went on CNBC to talk about the holiday shopping season. Regarding national retailers, he said they feel the worst is behind us. “… They cut their inventory, learned to live with lower sales levels, they’ve cut their rents where they can. So they are feeling better about life, and so are […]

Retail Sales Grow in September

It’s always good to start the week with some good news. Retail Sales Grow in September

Welcome to my blog!

As I write this blog post, I’m focused on my right-hand screen. Dual screens are one of the top 10 greatest inventions ever. How did I ever function with just one screen? I digress, and I haven’t even started yet. Welcome to my blog (and the right side of my brain). I’m a real estate […]

Big News... I mean Small News... from Wal-Mart

Wal-Mart is getting smaller in an effort to get even bigger. Wal-Mart Confirms Smaller Stores

Little Relief in Sight for Supermarket Operators

Supermarket News just came out with this comprehensive report on the supermarket industry. It’ll be very interesting to see what happens to the existing grocery players in the next couple years, not to mention new ones like Bottom Dollar. Little Relief in Sight for Supermarket Operators Financial results in the second half of 2010 are […]