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Regional grocer expanding
Stater Bros. continues to grow its footprint in Southern California. The San Bernardino, California-based company announced that the Ralphs Supermarket in Riverside (California) will be converted to a “Blue Ribbon” Stater Bros. supermarket. (Stater’s “Blue Ribbon” units are energy efficient and environmentally friendly.) At 46,000-sq.-ft., the Riverside store will undergo an extensive remodel, and reopen under the Stater banner in spring 2017.
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Not enough of a good thing
With few new grocery centers being built, developers are upping the ante on existing ones
Pat Donahue, together with his late brother Dan and business partner Tom Schriber, has been in grocery-anchored shopping centers since the ’90s. That’s when Schriber calculated that the company’s long-term fortunes, which had rested on mall development up until then, would be better wagered on high-traffic “necessity-based” retail.
“At malls you get ’em three times a month.
