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Regency Centers to develop new Seattle community shopping center
Jacksonville, Fla. -- Regency Centers announced it will construction of Grand Ridge Plaza, a 280,113-sq.-ft. shopping center, anchored by market-dominant grocer Safeway, on 24.58 acres.
Located in the heart of Issaquah Highlands, a master-planned community east of downtown Seattle, Grand Ridge Plaza will be the only major retail center to serve the community and is projected to draw shoppers from around the region.
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More studies validate low-price leadership
Week in and week out, Walmart wins on the pricing front with the biggest unknown being the magnitude of the spread between it and competitors, several reports out this confirmed.
Deb Weinswig at Citigroup looks at prices in three U.S. markets every two weeks and her most recent assessment showed Walmart beating Kroger by 12.1%, Safeway by 17.4%, Supervalu by 20.6% and Target by 4.8%.