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Convenience Stores

  • Fred's Pharmacy adopts poison pill ahead of merger deadline

    Fred’s Pharmacy is taking action to protect itself as the deadline for the Federal Trade Commission’s decision on Walgreens Boot Alliance’s proposed acquisition of Rite Aid merger draws closer.  

  • Convenience store chain in big expansion move

    QuikTrip Corp. is expanding into two new markets.   The convenience-store chain plans to open a total of 100 stores in the San Antonio and Austin (Texas) areas. Construction is expected to begin this winter, with the first locations scheduled to open in the summer of 2018.   The expansion marks QuikTrip's first new market entry in six years. In 2011, the company launched its Carolinas division, adding 75 stores in Charlotte, North Carolina and Greenville, South Carolina.   

  • Walmart Canada’s digital channel takes on Amazon

    While Amazon expands its physical presence, Walmart Canada is taking its own swipe at the online giant — by moving in on its turf.   

  • U.K.-based grocery giant jumps into the one-hour delivery game

    Tesco is launching a one-hour delivery service — a move that will enable the chain to go head-to-head with Amazon.   The U.K.-based supermarket giant introduced its new Tesco Now app, which enables shoppers in central London to choose from a range of 1,000 products, and have them delivered within an hour. Merchandise crosses categories such as fresh fruit and vegetables, meat, bakery goods and dairy, as well as pet, baby, health and beauty products.   

  • Study: Amazon is getting a ‘whole’ lot more from its latest acquisition

    While Amazon’s purchase of Whole Foods Market signifies a staggering boost in its physical store breadth, the deal is much more valuable than that.   This is according to “LandMark Insights,” a report from PlaceIQ. The study analyzed more than 165 million anonymous and opted-in mobile device signals nationwide to determine visitation patterns and audience affinities, among other metrics. These transactions were compiled over a 90-day period.   

  • Westwood acquires Trader Joe’s center

    Noting that necessity-based have proven to resistant to the pressures of online retailers, Westwood Co-CEO Randy Banchik announced his company’s acquisition of The Arbors at Mallard Creek in Charlotte. Purchase price was $25.1 million.    “This asset boasts a variety of internet resistant tenants, insulating it from factors such as the rise of online shopping,” Blanchik said.  

  • Supermarket retailer is top rated retail CEO

    The chief executive of a regional supermarket chain ranks among the nation's highest-rated CEOs.   Charles C. Butt, CEO of H-E-B, based in Austin, Texas, was the only retail chief executive to crack the top 20 of Glassdoor's annual Employee Choice Awards, which honor the 100 highest rated CEOs of large companies across the United States. Butt ranked #16. (The number one position was held by Benno Dorer, CEO of Clorox.)   

  • Walmart leads grocery paid-search ads — but for how long?

    Walmart leads the pack when it comes to paid search advertising in the grocery category.   That’s according to new research from AdGooroo. The search marketing intelligence provider analyzed 124 non-branded grocery store and grocery delivery keywords from June 2016-May 2017.  
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