Gas Stations

New York -- Winick Realty Group said that 7-Eleven has continued its plans for expansion in the New York market by leasing a new 2,300-sq.-ft. storefront at 1235 Second Avenue, on the corner of East 65th Street.

New York -- 7-Eleven Inc. said that it plans to add 630 new stores in the United States and Canada by yearend. In 2011, the chain added some 600 locations, with the stores either built, acquired or transitioned from another business to the 7-Eleven banner

Huntington Beach, Calif. -- DJM Capital Partners said that a new 154,000-sq.-ft. Costco has opened at Bella Terra, an open-air center in Huntington Beach, Calif. Costco opened in a building vacated by Mervyn’s.

Costco at Bella Terra is a full-format store offering Gas Station, Fresh Bakery, Fresh Meat, Fresh Produce, Fresh Deli with Rotisserie Chicken, Optical Department, 1-Hour Photo, Pharmacy, Tire Center, Hearing Aid Center, Fine Wine & Liquor and Food Court.

Wal-Mart Stores fell to the number two spot on the Fortune 500 list after holding the number one spot for two years. It was ousted by Exxon Mobil, which benefitted from rising oil prices.To see the full list, click here.

Cary, N.C. -- C-store operator The Pantry said Tuesday that it lost $9.7 million in the second quarter, compared with a loss of $300,000 in the same period last year. Results were hurt by rising gas prices.

Same-store merchandise sales rose 4.8%
 

New York -- The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group. NPD’s Convenience Store Monitor reports that in the first calendar quarter of 2012 compared with same quarter a year ago, c-store traffic increased by five percentage points from a year ago quarter and by six percentage points at major oil chain c-stores.

Armington Hills, Mich. -- Agree Realty Corp. announced it has been named a Florida development partner for Wawa, which operates more than 590 convenience stores in Pennsylvania, New Jersey, Delaware, Maryland and Virginia.

“We are extremely pleased and tremendously excited to partner with Wawa on their expansion into Florida. Their pioneering approach to the convenience store and fuel station experience will offer Floridians additional choices and varieties that they have never had,” said Joey Agree, president and COO.
 

Griffin, Ga. -- The Kroger Co. and Collins & Arnold said they have broken ground on Phase II of Griffin Pavilion, a retail development located in Griffin, Ga., and developed by The Sofran Group.

The final phase of the project will consist of a 94,000-sq.-ft. Kroger with an 18- pump Fuel Center.  The grocery store site will include 20,000 sq. ft. for future expansion.

Phase I of Griffin Pavilion was completed in 2004 and includes a Lowes Home Center, O'Reilly Auto Parts and Wells Fargo bank.

ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

PLEASANTON, Calif. — Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.