Convenience Stores

Plymouth Meeting, Pa. -- Metro Commercial Real Estate announced it has negotiated 13 new store openings for Dollar Tree in Pennsylvania.

Dollar Tree a value-driven variety store operating at a one-dollar price point, with stores where Middle America lives and shops and incorporates the philosophy of bright stores, big signs, and a clean environment.

Alamo, Calif. -- Donahue Schriber Realty Group announced that it acquired Alamo Plaza located in Alamo, California from Investco Advisors late 2015.

The 195,147 sq. ft. shopping center is anchored by Safeway and features Rite-Aid, 24 Hour Fitness, Richards Arts and Crafts, Peet’s Coffee & Tea, Panera Bread, and more.

Dollar Tree says Family Dollar CEO Howard R. Levine is stepping down as an officer of the company following the integration of Family Dollar.

The company had previously announced that Levine would remain with the company for a period of time to assist with the integration, reporting to, and supporting, Dollar Tree’s CEO, Bob Sasser. Gary Philbin, who was named Family Dollar’s president and COO in July, will continue leading Family Dollar and will continue reporting to Sasser.

Walgreens Boots Alliance on Thursday reported net sales of $29 billion, representing an increase of 48.5%, for the first quarter 2016 that ended Nov. 30, 2015. The significant growth was attributed to the inclusion of Alliance Boots consolidated results, the company reported.

The leading retail associations — including the Retail Industry Leaders Association, the Food Marketing Institute, the National Association of Chain Drug Stores and the National Retail Federation — gave a mixed reaction to new waste management proposals by the Environmental Protection Agency.

While the associations called the proposed regulations a “step forward,” they also expressed concern about how the rules would impact the disposal of unsold consumer products and pharmaceuticals by stores.

Walgreens Boots Alliance on Thursday reported net sales of $29 billion, representing an increase of 48.5%, for the first quarter 2016 that ended Nov. 30, 2015. The significant growth was attributed to the inclusion of Alliance Boots consolidated results, the company reported.

Wall Street had expected $29.2 billion in overall revenue, according to analysts polled by Thomson Reuters.

Mahopac, N.Y. -- Heidenberg Properties announced The Stop & Shop Supermarket Company has executed a lease to occupy 54,000 sq. ft. at Lake Plaza Shopping Center in Mahopac, New York.

The new Stop & Shop will be built from the ground up, replacing the existing 24,000 sq. ft. Key Food and the 7,800 sq. ft. CVS. This redevelopment will be more than 25,000 sq. ft. larger than the two existing stores, expanding Lake Plaza Shopping Center from 141,000 to over 166,000 sq. ft.

In 2016, retail chains will continue to face increasing competition and high consumer expectations. Changing regulations will also impact retail businesses. We see the regulatory issues below as the most critical for the retail industry this year and beyond.