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Large Chains

  • Bi-Lo Holdings to retire Sweetbay and Reid’s banners

    Bi-Lo and Winn-Dixie parent Bi-Lo Holdings plans to retire the Sweetbay and Reid’s banners. The company will begin converting all Sweetbay stores to the Winn-Dixie name and Reid's stores to Bi-Lo in 2014, and confirmed the Harveys banner would remain intact.

    The grocery retailer acquired all three banners from Brussels, Belgium-based Delhaize Group last May.

  • Changing of guard at Sheetz as Joe Sheetz assumes CEO role

    Altoona, Pa. -- Joe S. Sheetz, executive VP of finance and store development for Sheetz, will assume the position of president and CEO, beginning Oct. 1.

    Current chief executive Stan Sheetz leaves the presidency after 18 years and will stay active in the convenience store chain in the role of chairman.

  • Kroger names new divisional president

    Steve McKinney was named president of Kroger’s Fry’s Food Stores division in Arizona to succeed Jon Flora who passed away unexpectedly two weeks ago.

    McKinney, 57, had previously served as vp of operations at Kroger’s Ralph’s division in California since 2007. The Fry’s division operates 119 stores in Arizona.

  • Kroger taps Ralph’s VP as president of Fry’s Food

    Cincinnati -- The Kroger Co. has promoted Steve McKinney to president of the Fry's Food Stores division. Fry's operates 119 food stores in Arizona.

    McKinney, 57, has been VP of operations at the company's Ralphs division since 2007. He succeeds Jon Flora, who passed away unexpectedly two weeks ago.

  • Divaris renews two retailers in Richmond, Va.

    Richmond, Va. — Divaris Real Estate has renewed two retail leases totaling more than 9,500 sq. ft. in Richmond, Va.

    Aaron’s renewed its lease for 8,008 sq. ft. in Brookhill Azalea Shopping Center, which DRE leases and manages for the landlord, BSV Premier Brookhill.

    In a separate transaction, Subway renewed its lease for 1,575 sq. ft. at 360 West Shopping Center, which DRE www.divaris.com leases and manages for the landlord, a partnership between HSW and RMW1.

  • Bi-Lo to buy 22 Piggly Wiggly stores; Harris Teeter to buy six

    New York -- In separate announcements on Thursday, Bi-Lo Holdings and Harris Teeter on Thursday announced plans to acquire select Piggly Wiggly-branded stores.

    Bi-Lo said it has entered into a definitive agreement with Piggly Wiggly Carolina Company to acquire 22 Piggly Wiggly stores in South Carolina and coastal Georgia.  

    Financial terms of the transaction were not disclosed.

  • Susser Holdings Corp. CEO appointed chairman

    Corpus Christie, Texas -- Susser Holdings Corp. announced that Sam L. Susser has been appointed chairman of the board of directors of SUSS, effective immediately. He will retain his position as CEO of the company, which he has held since 1992.

    Bruce W. Krysiak, the current board chairman, will become lead independent director.  

     

  • McDonald’s testing payment app

    New York -- McDonald’s is testing a mobile order and payment application in Austin, Texas, and Salt Lake City, Bloomberg News reported.

  • Casey’s Q2 income up 43%; bullish on store expansion

    Ankeny, Iowa -- Casey’s General Stores, Inc. reported impressive performance for its fiscal first quarter, with net income up 43% to $55.7 million, from $39 million.

    Net revenue increased 10.5% to $2.1 billion, from $1.9 billion. The company credited strong sales in all categories, especially gasoline, with driving its performance.

  • Phillips Edison-ARC Shopping Center REIT acquisitions

    Cincinnati — Phillips Edison-ARC Shopping Center REIT Inc. www.phillipsedison-arc.com has announced the acquisition of two grocery-anchored shopping centers: Stockbridge Commons in Fort Mill, S.C., a suburb of Charlotte, and Dyer Crossing in Dyer Indiana, about 30 miles south of Chicago.

    Anchored by a Harris Teeter grocery store, the 99,473-sq.-ft. Stockbridge Commons is currently 96% leased.

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