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Convenience Stores

  • Whole Foods Market teams up with two eateries for its second 365 store

    Whole Foods Market will open its second 365 by Whole Foods Market store on July 14, in Lake Oswego, Oregon. The new format will make its debut in on May 25, in Los Angeles.

  • GNC to sell 84 corporate-owned stores to a franchise powerhouse

    One of the nation’s largest franchisees will soon also be operating GNC stores.

    Moving ahead with its plan to reduce its corporate-owned store footprint, GNC announced plans to sell 84 company-owned locations to Dallas-based Sun Holdings for about $17 million. The retailer revealed the sale amid disappointing first quarter results.

  • Whole Foods Market reveals highlights of its new value-priced 365 chain

    Expect the 365 by Whole Foods Market store format to look much different than the traditional Whole Foods store.

    The concept, debuting in late May in Los Angeles, will feature a no-frills design, low fixtures and all-digital price tags, reported Business Insider, which was given a sneak peak of the format.

    To see renderings of 365 and learn more about its details, click here.

  • Brixmor builds senior leadership team

    May 20 is shaping up as a momentous day at Brixmor Property Group with newly appointed CFO Angela Aman slated to begin work the same day as recently appointed CEO Jim Taylor.

    Aman’s appointment as CFO was announced in conjunction with the release of Brixmor’s first quarter financial results on April 26 and follows the April 12 announcement that James Taylor had joined the company as CEO.

  • Ace nails grocery rewards

    Ace Hardware Corp. is best known for selling home improvement merchandise, but also operates a growing grocery channel.

    Using technology from ProLogic Retail Services, a provider of loyalty marketing solutions specializing in independent grocers, the retail cooperative is enabling its Ace Rewards loyalty program in co-located grocery stores. Ace operates grocery in both “store-within-a-store” configurations and adjacent storefronts with grocery partners.

  • SuperValu beats Q4 profit; sales fall at Save-A-Lot

    SuperValu Inc. on Tuesday reported fiscal fourth-quarter profit that beat expectations. But in a setback to plans to spin-off its deep-discount banner, same-store sales fell 2.2% at Save-A-Lot.

    SuperValu earnings in the quarter increased to $52 million, or 20 cents a share, up from $39 million, or 14 cents a share, a year earlier. Excluding debt refinancing, store closures and expenses related to the potential Save-A-Lot spinoff, adjusted per-share earnings rose to 23 cents.

  • Former Family Dollar CFO joins Supervalu board

    Supervalu on Monday announced that experienced financial executive and corporate board member Mary Winston has been appointed to Supervalu's board of directors effective April 27, 2016.

  • Study: Retailers gaining cybersecurity confidence

    More retailers are suffering data breaches, but the industry is also feeling an increased level of capability to deal with them.

    According to a new study of more than 200 IT professionals from security technology provider Tripwire Inc., 33% of retailers say they have experienced a breach where intruders stole or gained access to personally identifiable information, This is more than double the 14% who had experienced this type of breach in 2014.

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