Convenience Stores

Buffalo, Mo. -- Mid-America Real Estate – Minnesota recently brokered the sale of Buffalo Crossroads Center located along Highway 55 in Buffalo, Minnesota. The property was acquired by a local investment group for $3.8 million.

Buffalo Crossroads is a 19,753 sq. ft. center anchored by Jimmy John’s and Anytime Fitness.

The Richmond Times-Dispatch is reporting that the 19 Martin’s Food Markets stores in the area will be either sold or closed as the completion of parent company Ahold’s merger with Delhaize Group. The Richmond-area stores are just some of the 83 stores the combined companies are looking to unload across the eastern and northeastern U.S. (Richmond Times-Dispatch)

PizzaRev, a fast-casual pizza concept backed by Buffalo Wild Wings, announced its first locations in New York.

New York is one of five new states that PizzaRev will enter this year, including Massachusetts, Nevada, Ohio, and Tennessee. The company will also make its international debut in Mexico shortly after opening in New York. There are currently more than 150 additional PizzaRev restaurants in various stages of development across the United States and Mexico.

Photo: Amazon Dash

The newest addition to a Texas-sized mixed-used development taking shape north of Fort Worth is a 350,000-sq.-ft. retail project from Tanger Factory Outlet Centers.

RSR has been tracking retailers' e-commerce strategies for more than five years. During that time we’ve seen interest in a major platform refresh, the introduction of mobile and social as e-commerce considerations, as well as convergence – where retailers increasingly view mobile and other non-commerce online activities in the context of their overall "digital" strategy, with their e-commerce platform as the centerpiece.

The Kroger Co. has promoted one of its regional executives to be its new VP of retail operations.

The grocery chain said it has promoted Mary Ellen Adcock to serve as Kroger's group VP of retail operations, effective May 16. She succeeds Marnette Perry, whose retirement was previously announced. Adcock currently serves as VP of operations for Kroger's Columbus division.

Online delivery service Instacart may be deepening its relationship with organic grocer Whole Foods, but is still keeping its options open.

Instacart is now delivering goods from Landover, Maryland-based supermarket chain Giant Food to Washington, D.C., residents. Responding to customer requests, Giant is now offering home delivery via Instacart in as little as an hour to customers throughout Washington, D.C.