Shopping Center
MAY 8, 2023
million permanent, fixed-rate loan for the acquisition of a single-tenant retail property located in Lewisville, roughly 30 miles northwest of Dallas. A specialty grocer occupies the 48,427-square-foot building, which is… The post Axiom Arranges $6.4 Lewisville, Texas — Axiom Capital Corp. has arranged a $6.4
Inside Retail
OCTOBER 15, 2023
US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.
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Retail Gazette
APRIL 23, 2024
He comments: “It’s hard to pick apart the numbers, but a reasonable conclusion would be that the full-range grocers have become more adept at retaining shoppers than they were in 2008-09 and that the discounters have been seeing more muted like-for-like growth as a consequence.” I don’t see any lack of ambition.
Retail TouchPoints
FEBRUARY 7, 2024
Rema 1000 x Revionics Photo courtesy Rema 1000 Norwegian discount grocer Rema 1000 faces intense competition to keep its prices low. In North America that operation is led in part by Mike Brown, PVH’s VP of Store Operations and Finance, who describes his job as “ blending store tech with operational efficiency.” and Vancouver, Wash. —
Mass Relators
AUGUST 16, 2022
We have become more than just a grocer. As CEO, Gosch will also lead the company’s supplier relationships and brick-and-mortar expansion efforts across Hy-Vee’s current eight-state region as well as its future locations in the Southeast. He was promoted to his current position in December 2021.
Retail Gazette
MARCH 14, 2024
” The partnership’s finance director Bérangère Michel says the business is in “good financial health” in pursuing the rest of its turnaround strategy and has secured the funding it needs for the remainder of the plan, helped by a £260m injection of cash from the sale and leaseback of 11 Waitrose stores and a new term loan.
Retail Gazette
OCTOBER 5, 2023
The grocer invested £100m in keeping prices lower than the traditional supermarkets and a further £50m on increasing its minimum hourly pay for staff over the year. Kantar Consulting associate director Sophie Carroll says: “Lidl has been hit by higher costs, including new stores, energy, transport, procurement and financing.
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