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Convenience Stores

  • Tennessee center to get new owner and new image

    The willow is associated with weeping, and the appearance of WillowTree Plaza in Cookeville, Tennessee, is certainly sad by modern standards. But now the center near Tennessee Tech University has a new owner and, soon, will get a new look.   Boca Raton-based Fimiani Partners has purchased the 110,000-sq.-ft. center for $4.2 million and plans to invest in a new roof, a repaved parking lot, and a new paint job for Willow Tree.  
  • The most profitable retailers in sales per square foot are....

    Sales per square foot are declining across the board. But some retailers continue to pull in hefty revenue.    The No. 1 retailer in terms of sales per square foot is Apple Inc., which does a staggering $5,546 per square foot, according to research provided by CoStar.    
  • Online giant’s new delivery system targets apartment dwellers

    Amazon’s new delivery system makes a play for a customer segment initially targeted by Walmart’s e-commerce arm.   The online giant introduced a new delivery locker designed for apartment blocks and other housing complexes that may not have services to accept or store packages. Called The Hub by Amazon, the modular system features compartments where packages can be stored for pickup.   
  • Amazon still exploring ‘cashier-less’ checkout projects

    Don’t expect Amazon to stop experimenting with cashier-less grocery stores anytime soon.   Despite announcing in June it would acquire Whole Foods Market for $13.7 billion, the online giant will continue evolving its Amazon Fresh and Amazon Go concepts, among other efforts. Its goal: to reinvent the way consumers shop for food, according to Business Insider.  
  • Food Feeds Retail

    The challenges of physical retail have inspired new concepts and new entrants to the supermarket business in America

  • GNC’s profits fall in Q2

    Despite online and in-store transaction growth, GNC’s income and revenue declined in the second quarter.   
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