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Convenience Stores

  • Target expanding its college store footprint

    Target is hitting the books.  

  • Report: Dunkin' Donuts trying on a new name

    What's in a name? That's a question Dunkin' Donuts is wrestling with.   In a move to get people to think of the chain more as a coffee destination, the company is considering eliminating "Donuts" from its name, according to several media reports. In a test, the chain will open a new location, in Pasadena, California, that will be simply called Dunkin'. Several other locations will also be given the condensed name.   

  • Dick's Sporting Goods in store openings

    Dick's Sporting Goods will be busy in August, opening five stores in three different states.   The nation's largest sporting goods retailer will open two namesake stores and three Field & Stream stores in the first half of August. In Prosper, Texas, Dick's and Field & Stream will open under one roof at the Gates of Prosper. And in Houston, Dick's will open at Post Oak Shopping Center.   

  • Target retail tech accelerator alum makes good

    One of the retail tech start-ups from the inaugural class of the Target + Techstars retail accelerator program is expanding.  

  • Chain Store Age announces SPECS/2018 Advisory Board, new marketing

    Chain Store Age announced the selection of the Advisory Board for SPECS/2018, the annual retail event produced by CSA and attended by retail and food-service executives who plan, design, build, and maintain stores and restaurants nationwide.     Now in its 54th year, SPECS will host its 2018 conference in Dallas, at the Gaylord Texan, March 18-20. The event will focus on what’s next, and what is shaping the future of physical retail.  

  • Louisiana center changes hands

    Kimco Realty has sold the Ambassador Plaza neighborhood center in Lafayette, Louisiana, to Westwood AC Properties for $5.3 million.   According to Transwestern VP Fred Victor, who brokered the deal for Kimco, the property benefits greatly from being shadow-anchored by an Albertson’s grocery store. Ambassador Plaza boasts a wide variety of dining options, including Subway, Little Caesars, and Fruiti Smoothie.  

  • Grocer serves up 13th consecutive quarter of same-store sales gains

    Weis Markets saw its sales and income increase in its second quarter.      The company’s net income in the quarter totaled $18.5 million, a 21% increase over the year-ago period. Operating income rose 15.2% to $27.7 million, compared with $24.1 million in the same period last year.    Sales rose 20% to $876.6 million. Same-store sales rose 2.7%, after adjustment for the Easter holiday shift.   

  • Phillips Edison acquires Bakersfield center

    Phillips Edison has acquired another grocery-anchored center, this on in Bakersfield, California.   Riverlakes Village is a 92,212-sq.-ft. neighborhood center anchored by Von’s Supermarket and augmented by a classic necessity-based mix of CVS, Verizon Wireless, Bank of America, Supercuts, Steak and Grape’s, and Chipotle.    The center is 97% leased, according to broker CBRE, which did not disclose the sale price.  
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