News

MarineMax Buys Midwest Boat Dealership

BY CSA STAFF

Clearwater, Fla., Boat retailer MarineMax Inc. has agreed to purchase Port Arrowhead Group, a $70 million boat dealership primarily serving Missouri and Oklahoma and neighboring states. MarineMax will pay $27.5 million in cash, plus working capital adjustments and the assumption of liabilities. The transaction is expected to close in the first quarter.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Smart & Final Expands in California

BY CSA STAFF

Los Angeles, Smart & Final Inc. opened three new California stores in Modesto, Torrance and Gilroy. These new stores bring the total number of stores operated by the company to 249. Year to date, the company has opened 15 new stores and relocated two stores. The average size of the three new stores is about 19,350 sq. ft. The Los Angeles-based retailer of food and food service-supplies operates in six states and northern Mexico.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Wal-Mart Estimates 2.2% Comps in December

BY CSA STAFF

Bentonville, Ark., Wal-Mart Stores’ latest estimate for December comparable-store sales is 2.2%—at the low end of its original estimate of 2% to 4% gain. The company said strong demand for gift cards would have the effect of pushing many sales from December into January, when gift card recipients redeem their cards for merchandise. Many analysts were expecting sales closer to 3%.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...