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Why Buyers are Eyeing Auto-Parts Stores
2015-04-28 04:43:27| Auto Parts - Topix.net
McChesney: 'Investors want to acquire auto-parts stores for their residual value since they are typically constructed as vanilla boxes, which are easier to re-tenant in the event the tenant vacates.' IRVINE, CA-Tenants' commitment to the location is one reason why auto-parts stores are the most sought-after among 1031 buyers , Hanley Investment Group 's SVP Jeremy McChesney tells GlobeSt.com exclusively.
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Sobeys set to absorb most Co-op Atlantic stores
2015-04-27 01:21:36| Grocery - Topix.net
The deal could bolster Sobeys' position by making it a bigger supplier to grocers in Atlantic Canada, giving it more influence in determining pricing and product offerings. The deal could bolster Sobeys' position by making it a bigger supplier to grocers in Atlantic Canada, giving it more influence in determining pricing and product offerings.
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Meijer invests $50M to remodel stores in Kroger's backyard
2015-04-25 19:17:27| Grocery - Topix.net
The stores located in Dayton area - about an hour's drive from Kroger's Cincinnati-headquarters - will undergo extensive remodeling. The top-to-bottom redesign includes new tile flooring, color schemes, lighting fixtures and upgraded restrooms.
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O'Reilly posts strong Q1, on pace for 205 net new stores in 2015
2015-04-24 01:29:04| Auto Parts - Topix.net
O'Reilly Automotive posted a strong first quarter, laying the foundation for continued growth in 2015. America's second largest retailer in the automotive aftermarket industry said its expansion plans are on track after profit rose in the first quarter on higher sales and better margins, continuing a trend of 15% or greater profit growth for the past six years.
One of Tampa Bay's last remaining Albertsons stores to close
2015-04-20 19:05:13| Grocery - Topix.net
The Idaho-based grocer notified the state on Monday that it would lay off 86 employees from the Clearwater store at 2170 Gulf to Bay Blvd. An employee who asked not to be named said the store would close "on or around" May 28, the date specified on the layoff notice. The grocery industry is a hyper-competitive, cutthroat business.
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