F&D Reports/Creditntell Releases Retail Real Estate: Store Activity & Retailer Health Analysis

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Report Outlines Sears, Pacific Sunwear, Abercrombie & Fitch Closings as Well as Walmart, Walgreens, Dollar Tree Expansions and More

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This comprehensive look at the state of retailing makes it easy to identify the likely winners and losers.

Industry-leading credit consulting firm Information Clearinghouse Inc. (ICI), through its divisions F&D Reports and Creditntell, are pleased to announce the release of the latest “Retail Real Estate: Store Activity & Retailer Health Analysis” which examines over 75 retailers including: Macy’s, Kohl’s, Charming Charlie, Hobby Lobby, Delhaize, Urban Outfitters, Aldi and many more.

2012 got off to a fast start when Sears Holdings began closing between 100-120 underperforming Kmart and Sears locations. The Avenue filed for bankruptcy protection, which will likely result in over 100 store closures. Perhaps the best telltale sign when looking for the next round of closures is to look to the retailers that have suffered through prolonged periods of negative comparable store sales. Sears, Pacific Sunwear, Talbots, and Coldwater Creek, are perfect examples of this as all of these retailers have responded to eroding comparable store sales with significant store closures. Our analysis identifies which retailers have posted negative average comparable store sales over the past eight quarters. Additionally, our analysis highlights the retailers with the riskiest credit ratings (based on our proprietary retailer credit rating model), which historically has proven be a fertile group for potential store closures.

Please email foa(at)creditntell(dot)com if you would like a complimentary copy of our Store Activity & Retailer Health Analysis.

As for expansions, Walgreen Co. and CVS announced plans to add 280 locations. Walmart’s new store plan includes 130 – 135 Supercenters, 80 – 100 medium and small format stores and 10 – 15 new Sam’s Clubs. And, Target expects to open 20 domestic locations by the end of this year. Dick’s Sporting Goods added 36 namesake locations during the last 12 months and recently announced plans to build a distribution facility in Arizona that will ultimately support approximately 160 stores as the Company grows its store base in the western United States over the next five to ten years.

ICI’s “Retail Real Estate: Store Activity & Retailer Health Analysis” report runs a magnifying glass over each Company for an overview of performance, store count, credit rating, average store size, future plans for store closings/ openings and more.

Please click here for a look at future 2012 closings/layoffs in the ARMS TNT Tracker.

Commenting on the “Retail Real Estate: Store Activity & Retailer Health Analysis” report, Lawrence Sarf, CEO of ICI, stated, "Consumer confidence is showing some signs of improvement and retailers that have attempted to conserve capital during the last few years look as though they might be ready to start investing more aggressively in their stores. Conversely, those that have not invested and are now too strapped to enhance the shopping experience they have to offer, will no doubt fall even further behind and continue the downward spiral. This comprehensive look at the state of retailing makes it easy to identify the likely winners and losers.”

Information Clearinghouse, Inc. (publisher of F&D Reports, Creditntell, & ARMS) is a comprehensive retail credit consulting firm specializing in the analysis of public and private companies in numerous retail segments. The focus of its analysis is to deliver the key intelligence today's busy credit executive needs to make a highly informed decision without sifting through pages of non-essential data. For a complimentary copy of our Store Activity & Retailer Health Analysis, please email foa(at)creditntell(dot)com. F&D Reports and Creditntell actively monitor retailers such as Sears Holdings Corp., Pacific Sunwear, Abercrombie & Fitch, Walmart Stores, Walgreens and many more. Please click here to view future 2012 closings/layoffs in the ARMS TNT Tracker. To learn more, visit our websites at http://www.fdreports.com, http://www.creditntell.com, http://www.fdarms.com.

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Dennis Cantalupo
Creditntell/F&D Reports
1-800-789-0123 110
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