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Convenience Stores

  • Rite Aid same-store sales grow 5.5% in Oct.

    Camp Hill, Penn. –- Same-store sales increased 5.5% in Oct. 2014 at Rite Aid Corp. compared to the same month in the prior year. Total drugstore sales rose 5% to $2.06 billion compared to $1.96 billion.   October front-end same store-sales increased 2%. Pharmacy same-store sales, which included a negative impact from new generic introductions, increased 7.1%.
  • Bi-Lo Holdings install Cardtronics ATMs

    Jacksonville, Fla. -- Bi-Lo Holdings LLC, parent company of BI-LO, Harveys and Winn-Dixie grocery stores, has completed an ATM installation project with Cardtronics ATMs. As part of an ATM services relationship that began with Winn-Dixie in 2003, Cardtronics owned and operated approximately 470 cash machines for that grocery store in 2013 when Bi-Lo Holdings agreed to transition additional locations and banner names to Cardtronics.   
  • Walmart pares Japanese store portfolio in EDLP move

    Walmart’s Japanese subsidiary Seiyu plans to close 30 stores and remodel 50 others next year in an effort to strengthen its every day low price strategy.

  • Study: Zappos is "simplest" U.S. brand

    New York –- Online footwear retailer Zappos is ranked the simplest brand in the U.S. And that’s a good thing. According to the new Brand Simplicity Index ranking of U.S. brands from brand advisory firm Siegel & Gale, the top 10 list is dominated by retailers. The list includes Amazon.com at number two, Subway (#3), Pizza Hut (#4), Netflix (#5), Trader Joe’s (#6), Kroger (#7), McDonald’s (#8), Chipotle (#9) and Dunkin’ Donuts (#10).
  • Tech Guest Viewpoint: Integrating Your Omnichannel Marketing Strategy

    By Ben Kaplan, CashStar   It is clear that mobile has an essential role in omnichannel retail, serving as the bridge between in-store and online with shoppers using their devices for product research both in and out of the store, to store and manage points, coupons and gift cards, and increasingly, to make purchases.  
  • Commentary: Halloween's impact on shopping center and retail industry

    By Mike Kercheval, President and CEO, International Council of Shopping Centers  
  • McDonald’s accepts Softcard mobile payments in U.S.

    Oak Brook, Ill. -- McDonald’s is collaborating with mobile commerce provider Softcard. Customers will now be able to tap and pay both in-restaurant and in the drive-thru lane at all U.S. McDonald’s locations, marking the largest deployment of NFC-based mobile commerce in drive-thru.  
  • Avison Young executes sale of Lindbergh Crossing in Atlanta

    Atlanta –- Commercial real estate services firm Avison Young has completed the $7.06 million sale of Lindbergh Crossing, a 27,057-sq.-ft., fully-leased shopping center in Atlanta. The team enabled the seller, Lindbergh Crossing, LLC, to harvest a significant gain on the property within a relatively short holding period.  
  • Project Spotlight: Jefferson Commons, Louisville, Ky.

    Construction is currently underway at Jefferson Commons, a regional shopping center in a booming area of Louisville, Ky. Developed by GBT Realty Corp., based in Brentwood, Tenn., the 230,000-sq.-ft. Jefferson Commons will feature Academy Sports + Outdoors, Five Below, Mattress Firm, Mens Wearhouse, Hancock Fabrics and Avalon Nails.  
  • Deeper Dive: Starbucks’ new mobile ordering service

    In announcing its new mobile ordering service, Starbucks referenced a "seismic shift in consumer behavior in which many traditional brick-and-mortar retailers experienced a decline in foot traffic compared with significant growth in online shopping" during the 2013 holiday season. Indeed, consumers are increasingly comfortable with bypassing physical stores and purchasing goods online, especially when facing the prospect of holiday crowds and traffic.  
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