DOCSLIB.ORG

S H O P P I N G C E N T

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
S H O P P I N G C E N T SHOPPING CENTER 1820-1842 W. 182ND STREET TORRANCE, CALIFORNIA 90504 OFFERING MEMORANDUM SHOPPING CENTER 1820-1842 W. 182ND STREET TORRANCE, CALIFORNIA 90504 EXCLUSIVELY LISTED BY: ALEX KOZAKOV ERIC ROY First Vice President Associate +1 213 613 3031 +1 213 613 3410 Lic. 01416489 Lic. 01943774 [email protected] [email protected] PATRICK WADE First Vice President +1 213 613 3071 Lic. 01454690 [email protected] © 2015 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its 400 South Hope Street accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only 25th Floor and do not represent the current or future performance of the property. The value of this transaction to Los Angeles, Ca 90071 you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Torrance Western Shopping Center OM OFFERING MEMORANDUM Table of Contents Investment Summary 4 Property Description 8 Financial Overview 12 Tenant Profiles 24 Location Overview 26 Demographics 32 Investment Summary Investment Summary Investment Highlights TORRANCE WESTERN SHOPPING CENTER STABLE, SOUTHERN CALIFORNIA SHOPPING CENTER WITH STRONG 1820 - 1842 West 182nd Street ANCHOR AND DIVERSE TENANT MIX Torrance, CA 90504 • Torrance Western Shopping Center is anchored by 99 Cents Only Stores, a top performing store at this location PURCHASE PRICE: $10,700,000 • National & International credit tenants make up over 78% of the GLA IN-PLACE CAP RATE: 5.40% for this shopping center creating greater stability and certainty of income for investors IN-PLACE NOI: $578,224 • Below Market rents – allowing for future upside to investors PRO FORMA CAP RATE: 5.73% • 99 Cents Only Stores is approximately 20% - 30% below market rents PRO FORMA NOI: $613,314 for this type of building and location GLA: 30,279 SF • All tenants are on triple-net leases (including reimbursement for management fees) with rental increases and staggered lease expirations LAND AREA: 115,566 SF providing greater ease of management ZONING: TOCC - GEN • New 7-Eleven strip center (NAP) under development adjacent to the center at rents significantly higher than existing shop space and will YEAR BUILT: 1967 increase consumer traffic to the center PARKING: 203 Spaces (Recripocal) • 7-Eleven Strip Center is under construction and NAP but available separately. Contact listing broker for details 44,000 CPD at Intersection TRAFFIC COUNTS: 15,724: 182nd St. 28,358: S. Western Ave. • New parking lot re-paving and painting of shop space scheduled for Q1 2016 • Delivered free & clear of debt – ability to finance at today’s historically low interest rates or purchase all cash 4 OFFERING MEMORANDUM Investment Summary Investment Highlights DENSELY POPULATED TORRANCE LOCATION (LOS ANGELES COUNTY) WITH SIGNIFICANT BARRIERS TO ENTRY • Professionally managed with low deferred maintenance • Strong Demographics – Over 200,000 people live within a 3-mile radius • Within blocks from numerous global companies and international headquarters including, Honda, Exxon Mobil and Honeywell Aerospace, having a combined total of over 2,000 employees • Center benefits from the signalized corner location of South Western Avenue and West 182nd Street, an intersection that sees over 44,000 cars daily • Excellent ingress and egress with multiple access points on Western Ave and 182nd St. • Kula Sushi making significant tenant improvements including new state-of- the art touch-screen conveyor delivery system - Financially strong, 380+ unit operator listed on the Tokyo Stock Exchange, 1st Section. http://www.kura-corpo.co.jp/eng/ 5 Kaizen Dojo Francisco’s Heart Hair Advanced Miss Donuts Dry Cleaners Salon Chiro Care & Bakery SANSEI CENTER NAP - Available STATUS: Separately YEAR BUILT: 2016 Shin Sen Gumi EST. DELIVERY April, 2016 Under LOI Under LOI CONTACT AGENT FOR DETAILS 6 OFFERING MEMORANDUM Investment Summary Investment Summary CBRE is pleased to offer for sale Torrance Western Shopping Center, a stabilized retail center anchored by 99 Cents Only Stores in the densely populated South Bay community of Torrance, California. The center offers investors a 95.05% occupied, 99 Cents Only Stores anchored shopping center consisting of 30,279 square feet of GLA on over two and a half acres of land. Torrance Western Shopping center benefits from a complimentary and diverse tenant mix, including 99 Cents Only Stores and many other very popular regional tenants. The center features embedded rental increases from multiple tenants, acting as a hedge against potential future inflation. 99 Cents Only Stores is said to be a high performing store at this location, and is paying a rent that is approximately 20% - 30% below current market rates. All tenants are on triple-net leases and include reimbursements for management fees. Torrance Western Shopping Center is strategically located at the signalized intersection of South Western Avenue and West 182nd Street, an intersection that sees over 44,000 cars per day. It is situated in a densely populated trade area, with over 200,000 people living within a 3-mile radius. Torrance Western will also soon be joined by a newly constructed (NAP) 7-Eleven anchored strip center (Sansei Center), currently finishing development with delivery expected April of 2016. 7-Eleven will share space with Shin Sen Gumi, a drive-thru Japanese concept that operates 16 locations throughout California and Japan. 7 Property Description Property Description Tax Map PROPERTY ADDRESS: 1820 - 1842 W. 182nd Street BUILDING AREA: 30,279 SF LAND AREA: 115,566 SF PARKING: 203 Spaces (Recriprocal) YEAR BUILT: 1967 ZONING: TOCC - GEN 4096 - 019 - 075 PARCEL NUMBERS: 4096 - 019 - 079 LOCATION Torrance Western Shopping Center is located in the densely populated South Bay community of Torrance, California. IMPROVEMENTS Torrance Western consists of two retail buildings totaling 30,279 square feet of gross leasable area 8 OFFERING MEMORANDUM West 182nd Street - 15,724 CPD 7-Eleven Strip Center (NAP) Under Development* South Western Ave - 28,358 CPD *7-Eleven NAP but available separately Contact listing broker for details 9 10 OFFERING MEMORANDUM Property Description t Site Plan W 182nd St - 15,724 CPD Shin Sen Gumi Under LOI Under LOI * Inline Shop Space S. Western Ave - 28,358 CPD Ave S. Western *NAP but available separately. Contact listing broker for details Total Parking: 203 Stalls tNot to Scale 11 12 Financial Overview In-Place and Projected NOI Summary CURRENT "IN-PLACE" PER SF PROFORMA PER SF Gross Revenue In-Place Rental Revenue $594,450 $19.63 $630,296 $20.82 Reimbursement Revenue - CAM Estimated 100.00% $183,425 $6.06 $183,425 $6.06 Reimburement Revenue - Admin 99cents Estimated $2,950 $0.10 $2,950 $0.10 Reimbursement Revenue - Mgmt Shops Estimated $5,300 $0.18 $5,620 $0.19 Parking $1,650 $0.05 $1,650 $0.05 Total Gross Revenue $787,776 $26.02 $823,941 $27.21 Credit Loss / Vacancy Reserve 3.0% ($8,293) ($0.27) ($8,293) ($0.27) Effective Gross Revenue $779,483 $25.74 $815,648 $26.94 Expenses Inline-Maint. Actual $1,523 $0.05 $1,523 $0.05 Inline-Pest Control Actual $3,700 $0.12 $3,700 $0.12 Janitorial Actual $4,200 $0.14 $4,200 $0.14 Landscaping Actual $6,025 $0.20 $6,025 $0.20 Lighting Actual $7,111 $0.23 $7,111 $0.23 Pest Control Actual $836 $0.03 $836 $0.03 Security Camera Actual $3,735 $0.12 $3,735 $0.12 Steam Clean Actual $1,500 $0.05 $1,500 $0.05 Trash Actual $5,780 $0.19 $5,780 $0.19 Electricity Actual $10,006 $0.33 $10,006 $0.33 Water Actual $8,057 $0.27 $8,057 $0.27 TOTAL CAMS $52,473 $52,473 Insurance Actual $13,840 $0.46 $13,840 $0.46 Property Tax Estimated 1.0945% $117,112 $3.87 $117,112 $3.87 Management Fee Estimated 3.00% $17,834 $0.59 $18,909 $0.62 Total Operating Expenses ($201,258) ($6.65) ($202,334) ($6.68) Net Operating Income $578,224 $19.10 $613,314 $20.26 Total Capital Expenditures $0.20 ($6,056) ($0.20) ($6,056) ($0.20) Cash Flow Before Debt $572,168 $18.90 $607,259 $20.06 *Pro-Forma Rent assumes 99 cents pays 10% rent increase at option and each scheduled rent increase for remaining tenants in 2016. *Vacancy factor is 3% of gross rent, excluding 99cents only. 13 Financial Overview Rent Roll LEASE TERM BASE RENT PROFORMA PSF/ Increases/ Market Market Suite Tenant SqFt Pro-Rata Begin End Begin Monthly Annually PSF/Yr Type Mo Options Annual PSF Annual 1820 99 Cents Only 21,279 70.28% 8/15/07 7/31/17 Current $26,829 $1.26 $321,951 $15.13 NNN 4-5 Yr $16.64 $353,870 Option 1 8/1/17 $29,489 $1.39 $353,870 $16.63 Option 2 8/1/22 $32,415 $1.52 $388,980 $18.28 Option 3 8/1/27 $35,642 $1.68 $427,708 $20.10 Option 4 8/1/32 *90% of the then prevailing Fair Market Rent 1824 The Kaizen Dojo 1,750 5.78% 11/1/14 10/31/17 Current $3,238 $1.85 $38,850 $22.20 NNN 3% Annually $23.55 $41,216 10/1/16 $3,435 $1.96 $41,216 $23.55 Francisco's Dry 1828 750 2.48% 11/1/11 10/31/16 Current $1,477 $1.97 $17,727 $23.63 NNN CPI or 3% $23.63 $17,724 Cleaners Vacant - Seller 1 Year 1830-32 1,500 4.95% COE Current $3,375 $2.25 $40,500 $27.00 NNN $27.00 $40,500 Rent Guarantee From COE 8/1/16 $2,627 $1.75 $31,518 $21.01 8/1/17 $2,705 $1.80 $32,464 $21.64 8/1/18 $2,786 $1.86
Load more

Recommended publications
  • FIC-Prop-65-Notice-Reporter.Pdf
    FIC Proposition 65 Food Notice Reporter (Current as of 9/25/2021) A B C D E F G H Date Attorney Alleged Notice General Manufacturer Product of Amended/ Additional Chemical(s) 60 day Notice Link was Case /Company Concern Withdrawn Notice Detected 1 Filed Number Sprouts VeggIe RotInI; Sprouts FruIt & GraIn https://oag.ca.gov/system/fIl Sprouts Farmers Cereal Bars; Sprouts 9/24/21 2021-02369 Lead es/prop65/notIces/2021- Market, Inc. SpInach FettucIne; 02369.pdf Sprouts StraIght Cut 2 Sweet Potato FrIes Sprouts Pasta & VeggIe https://oag.ca.gov/system/fIl Sprouts Farmers 9/24/21 2021-02370 Sauce; Sprouts VeggIe Lead es/prop65/notIces/2021- Market, Inc. 3 Power Bowl 02370.pdf Dawn Anderson, LLC; https://oag.ca.gov/system/fIl 9/24/21 2021-02371 Sprouts Farmers OhI Wholesome Bars Lead es/prop65/notIces/2021- 4 Market, Inc. 02371.pdf Brad's Raw ChIps, LLC; https://oag.ca.gov/system/fIl 9/24/21 2021-02372 Sprouts Farmers Brad's Raw ChIps Lead es/prop65/notIces/2021- 5 Market, Inc. 02372.pdf Plant Snacks, LLC; Plant Snacks Vegan https://oag.ca.gov/system/fIl 9/24/21 2021-02373 Sprouts Farmers Cheddar Cassava Root Lead es/prop65/notIces/2021- 6 Market, Inc. ChIps 02373.pdf Nature's Earthly https://oag.ca.gov/system/fIl ChoIce; Global JuIces Nature's Earthly ChoIce 9/24/21 2021-02374 Lead es/prop65/notIces/2021- and FruIts, LLC; Great Day Beet Powder 02374.pdf 7 Walmart, Inc. Freeland Foods, LLC; Go Raw OrganIc https://oag.ca.gov/system/fIl 9/24/21 2021-02375 Ralphs Grocery Sprouted Sea Salt Lead es/prop65/notIces/2021- 8 Company Sunflower Seeds 02375.pdf The CarrIngton Tea https://oag.ca.gov/system/fIl CarrIngton Farms Beet 9/24/21 2021-02376 Company, LLC; Lead es/prop65/notIces/2021- Root Powder 9 Walmart, Inc.
    [Show full text]
  • Dollar Tree, Inc
    Feltl and Company Research Department 225 South Sixth Street, Suite 4200 Minneapolis, MN 55402 1.866.655.3431 Brent R. Rystrom [email protected] | 612.492.8810 Dollar Tree, Inc. Consumer- Retail Au gust 12, 2009 Company Description: Dollar Tree is the leading participant in the Extreme Value Retailing sector, one of the strongest sectors in the US retailing. DLTR operates over 3700 stores in 48 states, and is growing its units by 6% annually while delivering double-digit earnings growth. DLTR is based in Chesapeake, Virginia. Initiating Coverage (DLTR - $46.03) Strong Buy Key Points Financial Summary We are initiating research coverage of Dollar Tree with a Strong Buy rating and a $62 price target. Dollar Tree (DLTR) is the leading participant in the Extreme Value Retailing category. DLTR delivers strong unit growth, generally healthy same-store sales Rev(mil) 2008A 2009E 2010E results, compelling margins, and exceptional EPS growth and return on investment. Apr $1,051 $1,201A $1,281E In almost every one of these metrics, it outperforms almost all peers, both direct in Jul $1,093 $1,220A $1,320E the EVR category and in other major retailing sectors. Oct $1,114 $1,206E $1,311E Jan $1,387 $1,522E $1,662E DLTR operates one of the most profitable store concepts in retail. Its Dollar FY $4,645 $5,140E $5,573E Tree stores generate sales in excess of $1.3 million, contribution margins near P/Sales 0.90x 0.81x .83x $140,000, and earn about 100% annually on store-level investment. This generates substantial cash flows that easily fund operations while providing excess cash flows for other purposes.
    [Show full text]
  • Jan Bormeth Vilhelmsen Og Ma
    0 ucvbnmqwertyuiopåasdfghjklæøzxcv Executive Summary The master thesis at hand is a study of the Danish retail store chain Tiger and EQT’s decision to acquire a 70% stake in the company. The aim in this thesis is twofold. Firstly, a valuation of Zebra per June 30, 2015, will be conducted. Secondly, an analysis of the value creation during EQT’s ownership period is performed. The main objective in this thesis is to estimate the fair Enterprise Value per June 30, 2015, through a DCF-analysis. Based on Zebra’s strategic position and its historical financial performance, the expected future earnings and cash flow generations were forecasted and resulted in an Enterprise Value of DKK 8,864 million from which the Group accounted for DKK 8,350 million and the Japanese Joint Venture for DKK 515 million. Based on these figures, Zebra’s fair value of equity comprises DKK 7,789 million. Of this figure, EQT’s share of the equity amounts to DKK 5,219 million and DKK 2,874 million when correcting for the 50/50 owned subsidiaries. At EQT’s entry in the beginning of 2013, the purchase price for its stake was DKK 1,600 million, according to different sources, resulting in an IRR for EQT on 26.48% per year. This IRR is satisfying since it is above the expected return for Private Equity investments which historically has a threshold for an IRR on over 20% per year, and in more recent time a threshold between 12-17% per year. The objective in the second part of this thesis is to analyze how EQT has created or destroyed value during its ownership period based on an IRR for Zebra, excluding the Japanese Joint Venture.
    [Show full text]
  • Dollar General: Heavy on Organization, Light on Systems
    Dollar General: Heavy on Organization, Light on Systems Dollar General Corporation, headquartered in Goodlettsville, Tennessee, is an aggressive competitor in the deep discount retail industry, fighting for position with other stores such as Family Dollar, Fred's, 99 Cents Only Stores, and Dollar Tree, as well as with retailers such as Wal-Mart, Kmart, CVS, and Rite Aid. Dollar General stores offer a product line of general merchandise that includes housewares and cleaning supplies, health and beauty aids, clothing, packaged food, stationery, seasonal offerings, and other household consumables. The company has been operating since 1939. Dollar General's most recent annual sales figures total $8.6 billion, placing the chain at the top of the dollar store category of discount retailers. Somewhat surprisingly, the chain is not achieving its success by following the example set by other successful discount retailers. Whereas competitors such as 99 Cents Only Stores consider middle- and high-income customers to be key contributors to their profits, Dollar General caters specifically to customers with low, middle, and fixed incomes. According to data from AC Nielsen, in 2005 48% of Dollar General's customers earned less than $30,000 per year, and 26% earned less than $20,000. Dollar General has kept away from the big box supercenter store model used by Wal-Mart and Kmart. This type of store is often located on the outskirts of cities or outside of particular towns to draw customers from a broad area. When placing new stores, Dollar General prefers to locate them within communities, often targeting municipalities that are home to fewer than 20,000 residents.
    [Show full text]
  • Big Lots, Inc. 2010 Annual Report Financial Highlights (Unaudited Adjusted Results)
    Big Lots, Inc. 2010 Annual Report Financial Highlights (Unaudited Adjusted Results) Fiscal Year ($ in thousands, except per share amounts and sales per selling square foot) 2010 2009 2008 Earnings Data Net sales $ 4,952,244 $ 4,726,772 $ 4,645,283 Net sales increase (decrease) 4.8% 1.8% (0.2)% Income from continuing operations (a) $ 222,547 $ 195,627 $ 154,798 Income from continuing operations increase (a) 13.8% 26.4% 6.7% Earnings from continuing operations per share - diluted (a) $ 2.83 $ 2.37 $ 1.89 Earnings from continuing operations per share - diluted increase (a) 19.4% 25.4% 34.0% Average diluted common shares outstanding (000's) 78,581 82,681 82,076 Gross margin - % of net sales 40.6% 40.6% 40.0% Selling and administrative expenses - % of net sales (a) 31.8% 32.3% 32.8% Depreciation expense - % of net sales 1.6% 1.6% 1.7% Operating profit - % of net sales (a) 7.2% 6.7% 5.5% Net interest expense - % of net sales 0.0% 0.0% 0.1% Income from continuing operations - % of net sales (a) 4.5% 4.1% 3.3% Balance Sheet Data and Financial Ratios Cash and cash equivalents $ 177,539 $ 283,733 $ 34,773 Inventories 762,146 731,337 736,616 Property and equipment - net 524,906 491,256 490,041 Total assets 1,619,599 1,669,493 1,432,458 Borrowings under bank credit facility - - 61,700 Shareholders’ equity 946,793 1,001,412 774,845 Working capital (b) $ 509,788 $ 580,446 $ 355,776 Current ratio 1.9 2.1 1.7 Inventory turnover 3.6 3.7 3.6 Bank borrowings to total capitalization 0.0% 0.0% 7.4% Return on assets - continuing operations (a) 13.5% 12.6% 10.8%
    [Show full text]
  • Realty • 2012 Annual Report
    Kimco Realty • 2012 Annual Report REALTY REALTY 3333 New Hyde Park Road New Hyde Park, NY 11042 Tel: 516-869-9000 blog.kimcorealty.com / kimcorealty.com 2012 Annual Report REALTY 247947KIM_Cvr_R1.indd 1 REALTY 3/12/13 1:42 PM Corporate Directory REALTY Board of Directors v Milton Cooper Philip E. Coviello (1)(2)(3) Richard G. Dooley (1)(2)(3 ) Executive Chairman Partner * Lead Independent Director Kimco Realty Corporation Latham & Watkins LLP Executive Vice President & Chief Investment Officer * Massachusetts Mutual Life Insurance Company Joe Grills (1)(2v)(3) David B. Henry F. Patrick Hughes (1v)(2)(3) Chief Investment Officer * Vice Chairman, President President IBM Retirement Fund & Chief Executive Officer Hughes & Associates LLC * Retired Kimco Realty Corporation (1) Audit Committee (2) Executive Compensation Committee Frank Lourenso Colombe M. Nicholas (2)(3) Richard Saltzman (2)(3) (3) Nominating and Corporate Executive Vice President Consultant President Governance Committee v JPMorgan Chase & Co. Financo Global Consulting Colony Capital LLC Chairman REALTY Executive Management Milton Cooper David B. Henry Michael V. Pappagallo Glenn G. Cohen Executive Chairman Vice Chairman, President Executive Vice President Executive Vice President, & Chief Executive Officer & Chief Operating Officer Chief Financial Officer & Treasurer Corporate Management David F. Bujnicki Adam M. Cohen Raymond Edwards Fredrick Kurz Leah Landro Vice President, Vice President, Vice President, Vice President Vice President, Investor Relations & Tax Retailer Services & General Manager, Human Resources Corporate Communications Risk Management Scott G. Onufrey Bruce Rubenstein Thomas R. Taddeo Paul Westbrook Senior Vice President, Senior Vice President, Vice President, Vice President, Acquisitions & Investment General Counsel & Chief Information Officer Chief Accounting Officer Management Secretary U.S.
    [Show full text]
  • Business License Report As of July 1, 2021 (PDF)
    JULY 2021 ACTIVE BUSINESSES BUSINESS OWNER NAME DBA PHONE BUSINESS TYPE STATUS DESC START DATE 1 SUN SOLAR ELECTRIC LLC 702-309-9300 ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CON ACTIVE 05/31/2016 1410 BOULDER FRANCHISE LLC A & W 815-482-7855 FULL-SERVICE RESTAURANTS ACTIVE 09/04/2019 20/20 PLUMBING & HEATING INC 20/20 PLUMBING & HEATING INC 702-945-2020 PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTOR ACTIVE 05/26/2015 24 BLACK INDUSTRIES LLC AFR CONSTRUCTION 702-243-5663 ALL OTHER SPECIALTY TRADE CONTRACTORS ACTIVE 03/16/2015 28 SUNFLOWERS PHOTOGRAPHY 702-807-7166 PHOTOGRAPHY STUDIOS, PORTRAIT ACTIVE 02/07/2011 3 D DEVELOPMENT COMPANY VOGUE MARINE CENTER 702-293-3126 BOAT DEALERS ACTIVE 01/22/2003 4LEAF CONSULTING LLC 702-726-4140 ENGINEERING SERVICES ACTIVE 06/15/2011 5 STAR GRAND CANYON HELICOPTER TOURS LLC 702-565-7827 DRINKING PLACES (ALCOHOLIC BEVERAGES) ACTIVE 12/27/2011 5 STAR MAINTENANCE INC 702-294-0593 ALL OTHER SPECIALTY TRADE CONTRACTORS ACTIVE 09/11/2008 5G FIRE LLC 760-900-5892 PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTOR ACTIVE 07/19/2021 7 STAR ENTERPRISE LLC 702-767-7827 COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION ACTIVE 04/22/2021 702 DEMO LLC 702-575-4544 SITE PREPARATION CONTRACTORS ACTIVE 07/27/2021 702 SERVES LLC 702-630-0640 ALL OTHER LEGAL SERVICES ACTIVE 08/04/2020 702 VOLLEYBALL 702-371-0111 CIVIC AND SOCIAL ORGANIZATIONS ACTIVE 12/04/2019 7-ELEVEN INC 7 ELEVEN STORE 20593F 702-293-5405 DRINKING PLACES (ALCOHOLIC BEVERAGES) ACTIVE 02/24/2005 7-ELEVEN LICENSING 7-ELEVEN STORE #38760A 702-371-4420
    [Show full text]
  • Houchens Industries Jimmie Gipson 493 2.6E Bowling Green, Ky
    SN TOP 75 SN TOP 75 2010 North American Food Retailers A=actual sales; E=estimated sales CORPORATE/ SALES IN $ BILLIONS; RANK COMPANY TOP EXECUTIVE(S) FRancHise STORes DATE FISCAL YEAR ENDS 1 Wal-Mart Stores MIKE DUKE 4,624 262.0E Bentonville, Ark. president, CEO 1/31/10 Volume total represents combined sales of Wal-Mart Supercenters, Wal-Mart discount stores, Sam’s Clubs, Neighborhood Markets and Marketside stores in the U.S. and Canada, which account for approximately 64% of total corporate sales (estimated at $409.4 billion in 2009). Wal-Mart operates 2,746 supercenters in the U.S. and 75 in Canada; 152 Neighborhood Markets and four Marketside stores in the U.S.; 803 discount stores in the U.S. and 239 in Canada; and 605 Sam’s Clubs in the U.S. (The six Sam’s Clubs in Canada closed last year, and 10 more Sam’s are scheduled to close in 2010.) 2 Kroger Co. DAVID B. DILLON 3,634 76.0E Cincinnati chairman, CEO 1/30/10 Kroger’s store base includes 2,469 supermarkets and multi-department stores; 773 convenience stores; and 392 fine jewelry stores. Sales from convenience stores account for approximately 5% of total volume, and sales from fine jewelry stores account for less than 1% of total volume. The company’s 850 supermarket fuel centers are no longer included in the store count. 3 Costco Wholesale Corp. JIM SINEGAL 527 71.4A Issaquah, Wash. president, CEO 8/30/09 Revenues at Costco include sales of $69.9 billion and membership fees of $1.5 billion.
    [Show full text]
  • YOUR BENEFIT PLAN 99 Cents Only Stores LLC All Full-Time Corporate
    YOUR BENEFIT PLAN 99 Cents Only Stores LLC All Full-Time Corporate Officers, Excluding Temporary or Seasonal Employees Disability Income Insurance: Long Term Benefits Certificate Date: September 1, 2020 Certificate Number 2 99 Cents Only Stores LLC 4000 Union Pacific Avenue Commerce, CA 90023-3202 TO OUR EMPLOYEES: All of us appreciate the protection and security insurance provides. This certificate describes the benefits that are available to you. We urge you to read it carefully. 99 Cents Only Stores LLC Metropolitan Life Insurance Company 200 Park Avenue, New York, New York 10166 CERTIFICATE OF INSURANCE Metropolitan Life Insurance Company ("MetLife"), a stock company, certifies that You are insured for the benefits described in this certificate, subject to the provisions of this certificate. This certificate is issued to You under the Group Policy and it includes the terms and provisions of the Group Policy that describe Your insurance. PLEASE READ THIS CERTIFICATE CAREFULLY. This certificate is part of the Group Policy. The Group Policy is a contract between MetLife and the Policyholder and may be changed or ended without Your consent or notice to You. Policyholder: 99 Cents Only Stores LLC Group Policy Number: 215673-1-G Type of Insurance: Disability Income Insurance: Long Term Benefits MetLife Toll Free Number(s): For Claim Information FOR DISABILITY INCOME CLAIMS: 1-800-638-2242 THIS CERTIFICATE ONLY DESCRIBES DISABILITY INSURANCE. THE BENEFITS OF THE POLICY PROVIDING YOUR COVERAGE ARE GOVERNED PRIMARILY BY THE LAW OF A STATE OTHER THAN FLORIDA. THE GROUP INSURANCE POLICY PROVIDING COVERAGE UNDER THIS CERTIFICATE WAS ISSUED IN A JURISDICTION OTHER THAN MARYLAND AND MAY NOT PROVIDE ALL THE BENEFITS REQUIRED BY MARYLAND LAW.
    [Show full text]
  • Retail Performance Florida
    RETAIL PERFORMANCE FLORIDA Retailer Performance Overview Burger Grill (35.0%), Zoe’s Kitchen (33.3%), Del Frisco’s Grille (31.9%), and Diversified Restaurant Holdings (30.2%) In terms of overall revenue growth by segment, restaurants whose brands include Buffalo Wild Wings. were dominant with four of the top five performers coming from this industry. Entertainment and Dining Restaurants According to a forecast by the National Restaurant saw the largest uptick in growth, experiencing a 12.2% Association, Florida is projected to experience the largest increase over the past twelve months. Furniture and Home increase in sales growth in 2016 (7.4%), outpacing Nevada Furnishing Stores (12.1%), Quick Service Restaurants (7.3%), Washington (7.0%), and California (6.6%). The NRA (12.0%), Fast Casual Restaurants (11.8%), and Fine Dining anticipates that growth amongst the Quick Service segment Restaurants (10.0%) rounded out the top five. should continue to outpace table service sales. On the opposite end of the spectrum, Convenience, Over the past several years there has been a push to Electronic, and Department Stores were the only segments downsize across retail segments and experimentation with to experience a contraction over the last year. smaller format stores is underway. Retailers from Target, to Dollar General, Best Buy, and the like have embraced this In terms of specific retailers experiencing the largest gains push and many locations have sprouted up in more densely in revenue, restaurants unsurprisingly made up a majority populated urban areas. Notwithstanding the move by big of the top 10. Establishments in the top 10 with a Florida box retailers to smaller footprints, the usual suspects top presence include Shake Shack (63.3%), The Habit the list of most efficient retailers in terms of sales per sq.
    [Show full text]
  • A Day Late and a Dollar Short Report
    campaign for healthier solutions • february 2015 A DAY LATE AND A DOLLAR SHORT Discount Retailers Are Falling Behind on Safer Chemicals A DAY LATE AND A DOLLAR SHORT Discount Retailers Are Falling Behind on Safer Chemicals campaign for healthier solutions • february 2015 Lead Author Steve Taylor Coming Clean Contributors & Reviewers bahati ansari www.nontoxicdollarstores.org Los Jardines Institute 2615 camino Del rio south, suite 400 Jose bravo san Diego, ca 92108 Campaign for Healthier Solutions (619) 838-6694 Helga Garza The Campaign for Healthier Solutions seeks Los Jardines Institute to work with discount retailers (dollar stores) Suguet Lopez to help them protect their customers and Lideres Campesinas the communities in which they operate, and Richard Moore grow their own businesses, by implementing Environmental Justice Health Alliance corporate policies to identify and phase out for Chemical Policy Reform harmful chemicals in the products they sell. yudith nieto The Campaign is a collaborative project Texas Environmental Justice Advocacy including many partners that is led by: Services Michele Roberts Coming Clean, a national environmental health Environmental Justice Health Alliance collaborative that unites community organizers, for Chemical Policy Reform scientists, advocates, business leaders, commu- nications specialists, and diverse issue experts Judy Robinson Coming Clean in common work to transform the chemical and fossil fuel industries so they are sources of health, Joaquín Sánchez Los Jardines Institute economic sustainability, and justice rather than of pollution, disease, and planetary harm. Mike Schade Visit www.comingcleaninc.org. Safer Chemicals, Healthy Families bev thorpe The Environmental Justice Health Alliance Clean Production Action for Chemical Policy Reform, a network of grassroots organizations throughout the country, Mily Treviño-Sauceda supports diverse movement towards safe chemi- Lideres Campesinas cals and clean energy that leaves no community Dee Treviño or worker behind.
    [Show full text]
  • Catalog of Data
    Catalog of Data Volume 5, Issue 10 October 2013 AggData LLC - 1 1570 Wilmington Dr, Suite 240, Dupont, WA 98327 253-617-1400 Table of Contents Table of Contents ................................................................................................... 2 I. Explanation and Information ............................................................................ 3 II. New AggData September 2013 ........................................................................ 4 III. AggData by Category ........................................................................................ 5 Arts & Entertainment .......................................................................................... 5 Automotive ......................................................................................................... 5 Business & Professional Services ......................................................................... 8 Clothing & Accessories ........................................................................................ 9 Community & Government ............................................................................... 13 Computers & Electronics ................................................................................... 13 Food & Dining ................................................................................................... 14 Health & Medicine ............................................................................................ 23 Home & Garden ...............................................................................................
    [Show full text]