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Retail

  • Kroger VP to retire

    Cincinnati -- Kroger on Tuesday announced the planned retirement of VP and pension investment officer, Rich Manka. His retirement is effective July 15.

    "Throughout his career, Rich has been a trusted member of Kroger's leadership team," stated Mike Schlotman, Kroger's CFO. "Pension plan trustees and participants alike have benefited from his vast knowledge and influence on investment strategies and plan designs. We thank Rich for his contributions to our company and industry and wish him the very best."

  • Report: Wegmans looking to open in Boston

    New York -- Wegmans is looking to open its first location in Boston, according to a report on Boston.com.

    The company reportedly is seeking to open at the Landmark Center, an office and retail complex that is being redeveloped. Wegmans anticipates that an agreement for the site will be reached “in the near future,” the report said.

     

  • American Express, Wal-Mart expand Bluebird program

    New York -- American Express and Wal-Mart Stores announced Tuesday that they are expanding their reloadable prepaid card program, Bluebird, to include direct-deposit capabilities for government checks.

  • Westlake Ace Hardware, Bolivar, Missouri

    Westlake Ace Hardware is showing off a new, fresh design at its location in Bolivar, Missouri. The 17,845-sq.-ft. store has an organic and modern feel, with a wood and metal façade and polished concrete floors. Garage-style doors (kept open, weather permitting) and skylights allow natural light into the space. The format works to encourage browsing and helps make Westlake a preferred destination for project needs. (Westlake was designed by JGA, Southfield, Mich.)

  • 7-Eleven leases 17 stores in Cleveland area

    Dallas -- 7-Eleven will rebrand convenience stores in Ohio’s Cuyahoga and Lorain counties as part of a 19-store lease from Allentown, Pa.-based Lehigh Gas Partners LP.

    The effective date of the leases will vary, but all leases are expected to be in place by March 31, 2013.

  • Supervalu cutting about 1,100 jobs

    Minneapolis -- Supervalu announced plans to eliminate about 1,100 positions nationwide, or about 3% of its national workforce. The reductions include both current positions and open jobs that will not be filled.

    The news comes less than a week after Supervalu completed the sale of five of its grocery banners, including Albertson’s and Shaws/Star Markets. The company said the sale of the five chains means that the remaining business will need "significantly fewer" corporate and store support roles and functions.

  • Wayside, Burlington, Mass.

    As part of a multi-phase revitalization of The Wilder Cos.’ Wayside property in Burlington, Mass., the company announced that Ethan Allen and Starbucks, along with Potbelly Sandwich Shop, will open in high-visibility locations.

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