Convenience Stores

Target joins the Instacart bandwagon
Target is entering the grocery delivery fray by offering its customers same-day delivery of groceries and other items through Instacart as a way to challenge Amazon and other retailers.

Target announced Tuesday it would begin testing an on-demand grocery delivery service via Instacart that initially will only be available in parts of Minneapolis, where Target is headquartered. But the retailer noted in a release on its blog A Bullseye View that the two companies are already exploring plans to expand the service into additional areas and markets in the future.
Wal-Mart targets expanded grocery pickup
Bentonville, Ark. – On the same day Target launched a pilot of the Instacart online grocery delivery service, Wal-Mart Stores Inc. announced it will expand its existing grocery pickup service.

Inland Real Estate Acquisitions acquires three properties totaling 607,000 sq. ft.

Oak Brook, Ill. -- Inland Real Estate Acquisitions, Inc. announced the acquisition of three properties, located in Florida, California and Colorado, purchased in August on behalf of an Inland affiliate. The acquisitions collectively total more than $104 million for approximately 607,000 sq. ft. of commercial real estate.
Walgreens provides on-demand delivery service through Postmates

Walgreens and its Duane Reade subsidiary on Tuesday inked a deal with Postmates that will provide urbanites across 30 markets on-demand delivery service fulfilling all their health, beauty and wellness needs, Postmates announced.

This marks a same-day delivery first for a cutting-edge retailer like Walgreens, though Postmates has been delivering goods from the likes of Starbucks, Chipotle, McDonald’s, Apple, Etsy and 7-Eleven for some time now. Customers utilizing the service will be charged a flat introductory delivery fee of $4.99 for a limited time.
REITs: A Smart Move for Retailers?

A red-hot real estate market and sky-high property values have some retailers, including Macy’s and more recently, McDonalds, feeling the pressure to cash in on the value of their real estate assets. How? By spinning off store properties and/or land assets into a REIT and entering into a lease-back deal.
Rite Aid gives $1.3M toward educating children of vets

Rite Aid associates plan to honor 274 students who have been named recipients of Folds of Honor educational scholarships provided by the Rite Aid Foundation’s KidCents program.
Report: Florida Walmart stores to serve up fast-food formats

Bentonville, Ark. – Five Walmart stores in central Florida are reportedly getting ready to serve the needs of hungry customers.
Kroger’s winning ways continue in Q2

Cincinnati -- For almost 12 years, Kroger has reported same-store sales growth every quarter. And they did it again Friday.

The supermarket giant reported net earnings of $433 million, or $0.44 per diluted share, and identical supermarket sales growth, without fuel, of 5.3% in the second quarter of fiscal 2015.
Kroger bags another impressive quarter of growth

For nearly 12 years, Kroger has reported sames-store sales growth every quarter. And they did it again Friday when they reported a jump in sales, as well as an increase in profit for the second quarter.
Kroger makes four big senior leadership changes

Cincinnati — Kroger on Thursday announced the appointment of four executive VPs to lead key lines of business.

Target joins the Instacart bandwagon

Wal-Mart targets expanded grocery pickup

Inland Real Estate Acquisitions acquires three properties totaling 607,000 sq. ft.

Walgreens provides on-demand delivery service through Postmates

REITs: A Smart Move for Retailers?

Rite Aid gives $1.3M toward educating children of vets

Report: Florida Walmart stores to serve up fast-food formats

Kroger’s winning ways continue in Q2

Kroger bags another impressive quarter of growth

Kroger makes four big senior leadership changes