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Strategy

  • European Wax Center inks upper west side deals

    New York -- European Wax Center, a national chain offering waxing services for men and women, has taken space in two upper west side locations, according to Winick Realty Group, which represented the tenant in both transactions.

    European Wax Center will occupy 1,500 sq. ft. at 2409 Broadway between 88th and 89th Streets. NGKF represented the landlord, 2409 Broadway Associates.

  • Cabela’s to open in New Brunswick

    Sidney, Neb. -- Cabela’s Inc. announced today plans to open a store in Moncton, New Brunswick, Canada.

    The 50,000-sq.-ft. is scheduled to open in 2015, and will be located in a new development being developed by Cordova Realty. It will be Cabela’s first location in the greater Atlantic Canada area.

  • Food Lion touting lower prices at more stores

    Fresh off another quarter of same store sales growth, Food Lion held grand re-opening activities at 169 stores in North and South Carolina beginning Wednesday, November 13 in observation of investments the company said it has now made in nearly all of its 1,100 stores.

  • Survey: Shrink averages 1.5% of U.S. sales

    Thorofare, N.J. -- Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer. In the United States, shrink came in at 1.5% of retail sales.

  • Safeway installing Bettery’s in-store ‘Swap Stations’ for batteries

    Portland, Ore. -- Bettery announced that it has teamed up with Safeway to give consumers a convenient way to adopt reusable household batteries, not only reducing their environmental footprint but also saving them money.

    Bettery Swap Stations – kiosks for purchasing and exchanging rechargeable batteries – are being installed this month at multiple Safeway locations, starting with stores in Portland, Seattle and surrounding communities.

  • Grand Ridge Plaza launches

    Issaquah, Wash. — Construction is nearing completion on Issaquah Highlands’ new shopping and entertainment district, Grand Ridge Plaza. The Regency Centers Corp. center, which broke ground in the summer of 2012, is in the midst of its busiest rollout stretch, which features the grand opening of a Safeway grocery store.

  • Govt. shutdown dings Nash Finch in Q3

    Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.

    Total sales increase 3.5% to $1.56 billion during the period ended October 5, but the rate of growth would have been nearly double without the government shutdown which impacted defense department commissaries that are Nash Finch customers.

  • Food Lion announces upgrades in 169 stores

    Salisbury, N.C. -- Food Lion announced that it has made significant investments in 169 stores in North Carolina and South Carolina and created 500 new jobs. Key markets include Greenville, N.C., Wilmington, N.C., Columbia, S.C., Charleston, S.C., and Myrtle Beach, S.C.

    To celebrate the launch, Food Lion is holding grand re-opening festivities at the 169 stores, including providing the first 50 customers at each location with a bag of free groceries Nov. 13 through Nov. 16.

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