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Large Chains

  • McDonald's sees global comps rise 3.3% in April

    Oak Brook, Ill. -- McDonald’s Corp. said Tuesday that same-store sales on the global front rose 3.3% in April, led by European results (up 3.5%) but followed closely by the United States. (up 3.3%).

    Japan dragged down Asia results (up 1.1%).
     

  • Industry Trends: C-store traffic up in first quarter

    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.

  • Agree Realty named Florida development partner for Wawa

    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.
     

  • Walgreens and Rite Aid report April results

    New York -- Walgreen Co. said Thursday that same-store sales slipped a worse-than-expected 6.4% in April, largely due to its split with pharmacy benefits manager Express Scripts Inc.

    For April, Walgreens’ same-store pharmacy sales were down 8.9%. Front-end sales fell 2.2%

    At April 30, Walgreens operated 8,307 locations in all 50 states, the District of Columbia, Puerto Rico and Guam

  • CVS raises guidance on solid Q1 performance

    WOONSOCKET, R.I. — CVS Caremark’s president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with its first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations and its integrated assets continue to demonstrate success and improve patient lives.

  • Kroger breaks ground at Griffin Pavilion

    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.

  • Pantry CFO resigns

    Cary, N.C. -- The Pantry announced today that Mark R. Bierley, CFO, has resigned effective May 25, 2012. Bierley has accepted a position near his home in Michigan.

    The convenience-store company will begin a search for a new CFO promptly. Berry L. Epley, VP and corporate controller, will assume Bierley’s responsibilities until a successor is named.
     

  • Casey’s expanding into Tennessee

    Ankeny, Iowa -- Casey’s General Stores said Tuesday it will break ground on its first site in Tennessee in June, marking the thirteenth state in the c-store chain’s area of operations.

    The debut store will open in Dyersburg, Tenn., in October.

    “We believe the state of Tennessee provides an excellent opportunity for Casey’s,” said Robert Myers, president and CEO.

  • Dunkin’ Donuts in deal for 25 new locations in Texas

    Canton, Mass. -- Dunkin' Donuts announced the signing of a multi-unit store development agreement with three franchise groups to develop 25 new restaurants in Texas over the next several years. The locations include 16 units in Houston and nine in San Antonio.

    Dunkin' Donuts' development throughout Texas is part of the company's goal to double the number of Dunkin' restaurants in the United States over the next 20 years.


  • Supervalu names new heads for Albertsons Southern California, Acme and Cub Foods

    Minneapolis -- Supervalu on Monday announced three new executive appointments following the departure of Sue Klug, president of its Albertsons Southern California division.

    Dan Sanders has been tapped to head Albertsons Southern California, Keith Wyche will lead Acme and Brian Audette has been named president at Cub Foods.

    Replacing Klug will be Sanders, current president of Supervalu's Acme Markets division, based in Philadelphia. Sanders joined Acme in 2010 from United Supermarkets, Lubbock, Texas, where he served as CEO.

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