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Convenience Stores

  • Report: Whole Foods Market considering tattoo parlors in new chain

    Shoppers at Whole Foods Market’s new 365 chain might be able to get a tattoo while they stock up on organic kale smoothies and non-GMO dog food.

    In an interview on Bloomberg TV, Whole Foods CEO Walter Robb says the 365 format is going to try some tactics outside of the traditional supermarket playbook, including setting up tattoo parlors in the stores.

  • What went wrong at Advance Auto parts

    Warm weather hurt sales at Advance Auto Parts in the fourth quarter, but other factors were in play too as the company’s performance lagged competitors.

    The retailer said same store sales were negatively impacted by the timing of the New Year's day holiday, which fell in the 53rd week last year, by the foreign exchange currency fluctuations from its Canadian business, and by warmer winter weather.

  • What went wrong at Advance Auto parts

    Warm weather hurt sales at Advance Auto Parts in the fourth quarter, but other factors were in play too as the company’s performance lagged competitors.

    The retailer said same store sales were negatively impacted by the timing of the New Year's day holiday, which fell in the 53rd week last year, by the foreign exchange currency fluctuations from its Canadian business, and by warmer winter weather.

  • Shoppers see beam of hope for mobile loyalty

    A number of major retail chains are leveraging a mobile app that allows scanners to read barcodes on smartphones.

    Shoppers at retailers including CVS, Walgreens, Kroger, Nectar, Rite Aid, Toys “R” Us, Best Buy, PetSmart, Staples, Safeway, and Giant Eagle are using the Mobeam 4.0 Beep’nGo app for Samsung Android mobile devices. The app, which can integrate with existing payment apps, allows customers to use barcode-based loyalty cards, gift cards and coupons on their smartphone at checkout scanners.

  • Shop Companies sells 100% leased center in Texas

    Cross Roads, Texas -- Shop Companies Investment Sales announced the sale of Crossroads Crossing a 14,680 sq. ft. shopping center located in Cross Roads, Texas.

    Crossroads Crossing at the time of closing was 100% leased. The tenant mix includes: Domino’s, State Farm, January’s Salon, Cornerstone Dental and Villa Grande Mexican Restaurant among others. Just east of a newly opened Wal-Mart Supercenter.

  • Rural lifestyle retailer on fast track for expansion

    Tractor Supply Company continues its rapid expansion, with the grand opening of its 1,500th store, on Feb. 13, in Odessa, Texas.

    The retailer opened a total of 114 stores in 2015, and expects to open between 115 and 120 locations in 2016. Tractor Supply stores are located primarily in towns outlying major metropolitan markets and in rural communities.

  • Westwood Financial appoints 20-year veteran as CFO

    Los Angeles -- Westwood Financial Corp. appointed Jeanne Lazar as CFO. Lazar joins the company with more than 20 years of diverse commercial real estate finance experience. As CFO, Lazar will oversee all finance and accounting functions, including portfolio performance review and the development of financial and operational strategies.

    “I’m honored to join Westwood Financial Corp. and look forward to working with the team to further the company’s goals to grow and expand in the grocery-anchored retail space,” said Lazar.

  • CVS Health reports 10% sales lift in 2015

    Fourth quarter sales at CVS Health surged 11% to $41.1 billion, enabling the operator of nearly 10,000 stores to surpass a significant annual sales milestone.

    The company opened 53 new retail stores and acquired 1,672 pharmacies from Target to end the year with 9,655 retail stores, including pharmacies in Target stores, and annual sales of $153.3 billion, an increase of 10%.

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