Convenience Stores

Bolstered by the rapid expansion of build-your-own pizza concepts, fast-casual chains had another strong year in 2015.   That’s according to Technomic Inc.’s annual Top 250 Fast-Casual Chain Restaurant report, which reported that cumulative sales in the fast-casual dining segment rose 11.6% in 205, compared to 13.5% in 2014.  

A veteran grocery store brand in the Dallas market will soon be history.   Houston-based Fiesta Mart announced Thursday it is acquiring 11 Minyard Food Stores in the Dallas-Fort Worth metro area from RLS Supermarkets. The Minyard stores will transition to the Fiesta brand over the next several month     Fiesta is a specialty grocery retailer known for its international offerings that cater to diverse communities. With the Minyard acquisition, Fiesta will now operate 70 stores across Texas.

Publix is joining Costco, Whole Foods and other retailers in providing grocery delivery service through a partnership with Instacart.   Publix announced Wednesday that it would begin its Instacart service in select areas of Miami beginning July 12. Instacart is an e-commerce and delivery service that allows customers to place their grocery orders online and have their items delivered right to their doorsteps. Customers can place orders by visiting www.instacart.com/publix.  

Petco will not be taking it easy this summer.   As part of a 2016 growth plan which includes 26 new Petco stores and one new Unleashed by Petco location, the specialty pet supplies retailer will open five new Petco stores across the country in July. In addition to the five new stores, the company is also remodeling 12 stores in Seattle, one in San Diego, expanding one store in Heath, Ohio, and relocating one store in Middleburg Heights, Ohio.  

As consumers continue shifting to mobile-only shopping experiences this summer, retailers have a greater need than ever for an e-commerce platform that delivers responsive, consistent experiences across any given device or channel.

Walgreens Boots Alliance reported climbing sales and profits in a generally successful third quarter of fiscal 2016.  

An average food retail store leaks an estimated 25% of its refrigerant supply per year. The majority of refrigerant leaks, which are caused by a number of factors, occur in racks and cases. For an individual store, this loss can add up to a sizeable annual expense; for a regional or national chain, the costs can be even more substantial. Additionally, associated labor costs and the potential loss of business because of service disruptions when fixing a leak should be factored in.

Retailers should do their homework now and make a plan for the future

Today, retailers and end-users face many changes in regard to refrigerants, including technology options and efficiency regulations. In the past, choices were made and remained applicable for a year or more.

From convenient access to reduced heating costs, automatic doors provide retailers with some key benefits.

Joel Alden, partner in the retail practice at A.T. Kearney, said that investments in technology and physical stores mainly fall into two distinct categories: maintenance investments or growth investments.

“For maintenance investments — replacing a degrading building infrastructure, for example — the cost of not making the investment is critically important,” Alden said.