retail news in context, analysis with attitude

• The Milwaukee Journal-Sentinel reports that Kroger-owned Roundy's has decided to close two Pick 'n Save stores in the Milwaukee suburbs, saying that "the long-term financial performance of these two stores ... did not bring about the results needed to meet our business goals and objectives."

The story goes on to say that "when Kroger purchased Milwaukee-based Roundy's in 2015, market-watchers told the Milwaukee Journal Sentinel that Kroger would almost certainly close under-performing stores with territories that overlap other stores in the Milwaukee metro area."

• The Chicago Sun Times reports that some Starbucks stores' payment systems went offline for a time yesterday, which resulted in at least some customers getting free coffee until service was restored.

The company did not say how many locations were affected, but did say that the cause was a technology update that was being installed.
KC's View: