Current STNL Newsletter
As Some Retailers Stumble, Dollar Stores Continue to Show Strength
"The dollar store segment is benefitting from current trends in the big-box retail space and national economy, taking this time to expand current store models while experimenting with smaller spaces geared toward customer's convenience.
This sector is less affected by competition from e-commerce because it competes via convenience and price, according to Howard Davidowitz, chairman of New York City-based retail consulting and investment banking firm Davidowitz & Associates.
The strength of the dollar store segment during and after the Great Recession highlights the tale of the two Americas trend in retail," writes Diana Bell with The National Real Estate Investor.
Dollar stores in general are currently in expansion mode and, like other retailers, are experimenting with new concepts to attract millennials. The environment is ripe with opportunity for private investors...Read more
Study: QSR Diners are Headed Elsewhere???
AlixPartners, a global business-advisory firm, conducted a study of more than 1,000 U.S. consumers. Here are the topline surprises!
What? Frequent diners (those visiting at least twice a week) reported that they plan to cut back on fast food and fast casual visits by 8 and 13 percent, respectively, over the next 12 months. Traffic counts are on the decline across the industry as rising menu prices battle supermarket convenience.
Why? 50 percent of the people who plan to dine out less picked "saving monday," with 32 percent of those planning to use their hard-earned funds for travel and 31 percent on "personal services."
Of those surveyed, 44 percent also say, "they want to eat healthier" as a reason to cut back on eating out.
Where are they going to save money? 56 percent say they are electing for ready-to-eat meals from convenience of grocery stores due to lower prices.
The study goes into more detail on key areas: technology, delivery, labor costs, and growth...READ MORE
♦ JAB Continues Expansion into U.S. Restaurant Industry with $7.5B Acquisition of Panera Bread
The same private investment firm that bought Krispy Kreme Doughnuts last year, (JAB Holding Co.), has also bought Panera Bread Co. This means that the publicly traded company will be going private after 25 years... Read more
♦ Why 'Grocerants' Are the New Trend, Taking Bite out of Restaurants
The millennial driven "phenomenon" that's part grocery store, part restaurant is "creating tough new competition for fast-food chains and traditional restaurants." With visits increasing by nearly 30% since 2008, grocerants generated 2.4 billion visits and $10 billion in sales last year...Read more