Weekly Perl: A Commercial Real Estate News Recap
Albertsons Q2 sales growth exceeds projections
Boise-based grocery conglomerate Albertsons Companies beat Wall Street analyst expectations with second quarter revenue and same-store sales.
Walgreens to close 1,200 stores, including 500 in FY25; beats Street
Walgreens Boots Alliance exceeded analyst expectations in the fourth quarter of fiscal 2024 but still plans on shuttering roughly 15% of its U.S. store locations.
True Value files for Chapter 11
The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million.
Aldi and Save Mart likely considered buying divested Kroger, Albertsons stores
A witness in the Colorado antitrust case appears to have accidentally revealed the names of two potential divestiture partners.
7-Eleven parent to shutter over 400 North American stores, change name
The Japanese company that operates 7-Eleven convenience stores is closing underperforming stores, among other strategic initiatives.
