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Convenience Stores

  • Save-A-Lot names CEO in preparation for possible spinoff

    Supervalu on Wednesday announced Eric Claus has been named the CEO of Save-A-Lot, the company’s hard-discount grocery segment. Claus, 59, joins the company after spending the past two-plus years as the chairman, president and CEO of Red Apple Stores, a chain of value retail stores in Canada. 
  • Kimco Realty acquires Christown Spectrum

    Phoenix-Mesa-Scottsdale, Ariz. -- Kimco Realty Corp. announced that it purchased Christown Spectrum power center in the Phoenix-Mesa-Scottsdale, Arizona for $115.3 million. The property is an 850,000 sq. ft. center situated one mile east of Interstate 17 and lies adjacent to the second-busiest light rail station in Phoenix.

  • Report: Kroger on acquisition spree

    The nation’s largest supermarket operator has been on a tear since 2014, increasing its portfolio through acquisitions, reports The Cincinnati Enquirer. “We could get more deals by Kroger – and we should get more deals, more stores and more growth,” Scott Mushkin, an analyst with Wolfe Research in New York, said in the report. [The Cincinnati Enquirer]

  • Munchies on demand with 7-Eleven’s new college delivery service

    7-Eleven is teaming up with a San Francisco start-up to launch an on-demand delivery service at select colleges.

    The convenience store giant has partnered with Tapingo, a mobile commerce application for college campuses, to launch on-demand delivery of 7-Eleven products in the college market.

  • Nordstrom Rack on the move

    Nordstrom Rack, the off-price division of Nordstrom, continues its expansion, announcing two new upcoming locations.

    The retailer plans to open a 28,000-sq.-ft. store at Fashion Outlets of Chicago in Rosemont, Ill., in fall 2016. The property is owned by Macerich.

  • Tractor Supply slashes energy costs 40% at new DC

    Tractor Supply Company is seeing green at its new distribution center.

    The company’s new DC ,in Casa Grande, Arizona, has achieved LEED (Leadership in Energy and Environmental Design) Silver certification from the U.S. Green Building Council. It is the second LEED Silver certification awarded to a Tractor Supply Company facility within the last year.

  • Smart & Final expands California footprint with store purchase

    It’s official: Smart & Final Stores is acquiring 32 Haggen stores in Central and Southern California.

    Smart & Final has been approved by the United States Bankruptcy Court to purchase 32 store leases – four of which are supplemental to the chain’s previously announced stalking-horse bid –from affiliates of Haggen Holdings for a total cash purchase price of approximately $68 million. Smart & Final plans to convert the 32 stores to its Extra! Store format.

  • Dunkin’ Donuts expanding with former NFL players

    Dunkin’ Donuts has signed a multi-unit store development agreement with a franchise group led by two former NFL players.

    The chain said it has signed an agreement with Berliner III to develop 14 new restaurants in St. Louis and two new locations in Kansas City over the next several years. Berliner III is led by NFL greats and former University of Nebraska football players Kris Brown and Zach Wiegert, who have teamed up with David Scott to develop a third market.

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