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Convenience Stores

  • Eatontown Plaza reaches 100% occupancy with Pho 99, Affinity Nails adds

    Eatontown, N.J. -- Vietnamese noodle restaurant Pho 99 and nail salon Affinity Nails & Spa have leased a combined 7,700 sq. ft. of space at Eatontown Plaza in Eatontown, New Jersey, announced Levin Management, exclusive leasing agent for the 30,000-sq.-ft. center.

    The lease signing brings Eatontown Plaza to 100% occupancy.

  • Group launches campaign to ban open carry of guns in Kroger stores

    Indianapolis -- Moms Demand Action for Gun Sense in America launched a national campaign on Monday calling on Kroger Co. to prohibit the open carry of guns in its supermarkets. The gun control advocacy group was founded in response to the Sandy Hook school shooting and has partnered with billionaires Michael Bloomberg and Warren Buffett.

    The Moms Demand Action campaign, which includes a petition to Kroger, follows similar actions aimed at Target, Chipotle, Sonic, Chii’s and Jack in the Box.

  • Dollar General offers $9.7 billion for Family Dollar, outbids Dollar Tree

    Goodlettsville, Tenn. -- The battle between the extreme discounters is heating up: Dollar General Corp. said Monday it has made an all-cash bid of $9.7 billion for Family Dollar, topping a deal Dollar Tree made last month. Dollar General is bidding $78.50 per Family Dollar share, which includes a $2.26 per share premium over Family Dollar’s closing price on Friday. The offer is $4 higher per share than the $8.5 billion deal with Dollar Tree.

  • Report: Starbucks’ scheduling changes unlikely to ease worker burdens

    New York -- Following Starbucks Corp.’s announcement that it would change its scheduling rules to prevent employees from having to work an opening shift after a closing shift the previous evening, some workers have expressed skepticism that the changes would be universally enforced.

  • Rappaport signs trio of 7-Eleven deals in Washington, D.C., area

    McLean, Va. --  Rappaport has signed three new 7-Eleven deals in the Washington, D.C., area totaling 9,471 sq. ft. of retail space. 7-Eleven will open new locations inside The Shops of Avondale in Washington D.C., 2001 Clarendon Boulevard in Arlington, Virginia, and 6138 Kings Highway in Alexandria, Virginia.
         

  • Salon Plaza to open at Worldgate Centre

    Herndon, Va. -- Salon Plaza has leased a 7,659-sq.-ft. endcap space next to McAlister’s Deli at Worldgate Centre in Herndon and plans to open in fall 2014. This will be the salon chain’s 21st location nationwide.

    Kristin Perry of Rappaport represented the landlord in the transaction. Worldgate Centre features an AMC Theatre and fitness club Sport and Health. Co-tenants include TGI Friday’s, Starbucks, Tara Thai, FedEx Kinkos, Vocelli Pizza and Cold Stone Creamery.

     

     

  • Supervalu reports data breach

    Eden Prairie, Minn. – Supervalu Inc. has suffered a data breach that may have resulted in theft of customer payment card data. The stolen information may include account numbers, and in some cases also the expiration date, other numerical information and/or the cardholder’s name.

  • Data breach at Supervalu

    Supervalu has suffered a data breach that may have resulted in theft of customer payment card data. The stolen information may include account numbers, and in some cases also the expiration date, other numerical information and/or the cardholder’s name.

  • Wal-Mart cuts profit forecast on sluggish Q2

    Bentonville, Ark. – Consolidated net income at Wal-Mart Stores Inc. grew 0.6% to $4.1 billion in the second quarter of fiscal 2014 from $4.07 billion in the second quarter of fiscal 2013, with factors including incremental e-commerce investments and healthcare costs dampening profit growth. Wal-Mart cut its profit forecast for the full year as a result.

    Overall second quarter performance at Wal-Mart was sluggish. Net sales rose 3% to $119.3 billion from $116.1 billion. Currency exchange rate fluctuations negatively impacted net sales performance.

  • Dollar General appoints former Ahold exec to board

    Goodlettsville, Tenn. - Paula A. Price, senior lecturer at Harvard Business School and former CFO of Ahold USA, has been named to the Dollar General board of directors effective Aug. 26. The election of Price to Dollar General’s board will bring the total number of directors to eight.

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