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  • Sheetz to add DC in North Carolina to support expansion

    New York City -- Convenience-store operator Sheetz will open a distribution facility by 2014 to support its expansion plans and increasing number of stores in the state, according to a report by The News & Observer. The distribution facility also will serve stores in southern Virginia and West Virginia, the report said.

    Sheetz currently has 394 stores, with more than half in Pennsylvania. With a goal of 500 stores in three years, the chain is targeting North Carolina and West Virginia its top markets for expansion.

  • NRF welcomes transportation reform, but concerned over funding

    WASHINGTON — The National Retail Federation said it supports a transportation reauthorization proposal released today by House Transportation and Infrastructure Committee Chairman John Mica, R-Fla., but expressed concern over the measure’s funding levels.

  • Bob Evans Farms to remodel 44 units

    New York City -- Bob Evans Farms will extend its “Farm-Fresh Refresh” renovation project to 44 locations in the Detroit and Toledo, Ohio, areas. The renovations are expected to begin in August 2011 and be finished by this November.

    The new stores will include a bakery, a carry-out area and a redesigned retail area. The updated design features murals in the entryway depicting the heritage of Bob Evans and more modern furnishings, light fixtures and brighter color schemes in the dining room.

  • Office Depot helps small businesses get much needed loans

    BOCA RATON, Fla. — Office Depot announced that it is partnering with Superior Financial Group (SFG), a leading small usiness administration (SBA) lender, to provide qualified small business customers with access to capital in the form of SBA Loans between $5,000 to $25,000. Customers can apply for a loan by visiting www.officedepot.com/sba.

  • Target wins approval to add bulls-eye to Chicago landmark building

    New York City -- Target Corp. has won approval to put its signature red logo on one of Chicago's most famous buildings. The Permit Review Committee of the Commission on Chicago Landmarks on Thursday approved the chain’s request to allow its bull's eye to be placed on its new store planned for downtown Chicago.

  • Inland Western acquires Texas shopping center for $35 million

    Oak Brook, Ill. -- Inland Western Retail Real Estate Trust announced Wednesday the acquisition of Sawyer Heights Village in a joint venture with RioCan Real Estate Investment Trust.

    Sawyer Heights Village, a 107,626-sq.-ft. power center located just outside the central business district in Houston, was purchased for approximately $35 million. 

  • With flat June sales, Fred's expects Q2 to be at low end of projected range

    MEMPHIS, Tenn. — Fred's on Thursday reported sales of $179 million for the five weeks ended July 2, representing a relatively flat 0.1% increase, compared with the year-ago period.

    Comparable-store sales for the month dropped 0.7%, compared with an increase of 1.7% in the same period last year.

  • Office Depot and Citi renew private-label partnership

    Atlanta -- Citi announced Thursday that it has renewed its U.S. private-label credit card partnership with Office Depot.
     
    “The Office Depot Business Credit Card and the Office Depot Personal Credit Card both provide our customers with the increased spending power they need in these economic times,” said George Hill, senior VP store operations, Office Depot.

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