retail news in context, analysis with attitude

The Sacramento Bee reports that California-based Raley’s plans to close two more stores - one operating under the Raley’s banner in Rancho Cordova and another run as a Nob Hill Farms in Milpitas - later this year.

The retailer closed two other stores in January, and has been looking at all its operations to identify poorly performing assets that be closed as a way of cutting costs.
KC's View:
And things are likely to only get worse, if the story above about how Walmart is attacking the California market is to be believed. I feel bad for Raley’s - the company seems to be in permanent retreat, and I hope that all these closings will result in a tougher and stronger chain of relevant food stores. Or that management finds a buyer that can infuse new life into the company.