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Explore recent news stories highlighting our propriety data, insights, and how RetailStat can help your business today.
Grocery Dive | Albertsons Needs to Move Fast as it Looks to Regroup, Experts Say
With the Kroger-Albertsons merger off the table, Albertsons now faces the challenge of differentiating itself in an evolving grocery market. While cost-cutting, store remodels, and shareholder returns are in focus, RetailStat’s Al Furst highlights an important takeaway.
Source: Source Link | 01-29-2025
Progressive Grocer | RetailStat Unveils Grocery Sales Forecasting, Screening Capabilities
RetailStat launched its new Point & Click grocery sales forecasting tool, providing quick, directional sales estimates to improve site selection and market analysis. Featured in Progressive Grocer, the tool leverages actual sales data to help retailers, landlords, and developers identify high-potential locations with greater accuracy.
Source: Source Link | 01-23-2025
RE Journals | Facing The Challenges: Retail Pharmacies Evolve To Overcome The Hurdles Of A Changing Industry
Retail pharmacies are adapting to industry challenges by expanding healthcare services, redesigning store layouts, and embracing innovations like home delivery and virtual consultations. RetailStat contributed key data on store closures, highlighting shifts in the pharmacy landscape, including the decline in CVS and Walgreens store counts.
Source: Source Link | 01-16-2025
Financial Times | US Drugstores Vanish as Pressures Mount on Business Model
RetailStat was cited in this Financial Times article examining U.S. drugstores' challenges, including store closures by Walgreens, CVS, and others. Mike Blackburn, RetailStat’s EVP, provided insights into the competitive pressures retail pharmacies face, particularly in pricing and value positioning. RetailStat's expertise highlights the evolving dynamics of the retail pharmacy sector amidst changing consumer behaviors and market challenges.
Source: Source Link | 12-25-2024
Business Wire | Advan Acquires Real Estate Intelligence
RetailStat is excited to announce our partnership with ADVAN, a leader in foot-traffic and transaction analytics. This collaboration will bring together our strengths and expertise to offer you even more innovative solutions.
Source: Source Link | 11-14-2024
CNBC | Why the U.S. is Covered in Strip Malls
RetailStat data reveals that foot traffic to strip malls surged by 18% last year compared to pre-pandemic levels, as more U.S. consumers are drawn to their convenience and accessibility amid evolving work and lifestyle trends.
Source: Source Link | 10-08-2024
Chain Store Age | Discount Grocer Tops List of Nation's Fastest-Growing Grocers
JLL's 2024 Grocery Report, utilizing RetailStat data, reveals that Aldi led the expansion among grocers in 2023, opening 109 new stores and adding 2.47M SF of space.
Source: Source Link | 08-28-2024
C Store Dive | Examining the Challenges and Likelihood of Couche-Tard’s Takeover of 7-Eleven
Couche-Tard’s potential acquisition of 7-Eleven faces significant challenges, including regulatory hurdles and convincing 7-Eleven's parent company to agree to the deal. RetailStat’s Michael Infranco contributed to the story by highlighting the low probability of the acquisition's success and noting how recent activist investor pressure on 7-Eleven could influence Couche-Tard's strategy.
Source: Source Link | 08-20-2023
Grocery Dive | Is Lidl Poised to Finally Turn the Corner in the US?
Lidl is exploring its untapped potential in the U.S. market, but analysts note the grocer still faces significant challenges. RetailStat's Michael Infranco highlighted that Lidl’s scattered store placements have hindered its brand growth, suggesting a more focused regional strategy could be beneficial.
Source: Source Link | 06-17-2024
S&P Global | Drugstores Reduce Space Amid Competition
Major drugstore chains are closing numerous stores in response to increased competition from online shopping and discount retailers. This trend is highlighted by proprietary data from RetailStat.
Source: Source Link | 05-24-2024
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