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Convenience Stores

  • New study dings Walmart store experience AND price

    Walmart knows it isn’t going to win any supermarket industry prizes for store experience, not when operators such as Whole Foods and Publix are involved, but not leading the pack on price is a different matter.

  • Dunkin’ Donuts to enter Southern California; signs agreements for 45 locations

    Canton, Mass. -- Dunkin’ Donuts announced  that it has signed its first Southern California multi-unit store development agreements,  with four franchise groups for a total commitment of 45 locations. 

    The first restaurants are expected to open in 2015 in Orange and Los Angeles counties. Some non-traditional Dunkin' Donuts locations may open over the next several months. 

  • J.C. Penney, 7-Eleven among companies targeted in massive hacking scheme

    New York -- Five individuals have been charged with running a sophisticated, worldwide hacking organization that the U.S. Department of Justice called the largest hacking and data breach scheme ever prosecuted in the United States. The victims in the scheme included such retailers as J.C. Penney, 7-Eleven Inc., Carrefour and Hannaford Brothers Co. 

  • GrowLife plans 12-store rollout

    Woodland Hills, Calif. — GrowLife has announced that it will roll out 12 stores by the end of 2014.

    The indoor growing-technology retailer aims eventually to grow to 30 stores.

     

  • Argo Tea opens new Chicago café

    Chicago — Argo Tea has opened a greenhouse-inspired café in Chicago’s newly restored Connors Park. Argo and the city worked together on the park restoration, which includes chamomile and hibiscus tea bushes and native drought-tolerant plant varieties.

    Argo Tea opened its first café in Chicago in 2003 and now operates 27. Plans call for 15 new locations over the next 12 months.

     

  • Meijer opens first supercenter in Detroit

    Grand Rapids, Mich. — Meijer has opened a 190,000-sq.-ft. supercenter at the Gateway Marketplace shopping center located in the Michigan State Fairgrounds.

    The new supercenter includes a grocery and full-service pharmacy with a drive-through.

     

  • Five Guys sign into Alameda South Shore Center

    Alameda, Calif. — Later this summer, Five Guys Burgers and Fries will open a 1,781-sq.-ft. restaurant in Alameda South Shore Center, in Alameda, Calif., said Jamestown, a fund manager offering core and opportunistic property funds.

    Cornish & Carey Commercial Newmark Knight Frank represented Jamestown in the transaction. SRSRE represented Five Guys.

     

  • Sprout’s sprouts up in new El Paso location

    Indianapolis — Kite Realty Group has leased a 31,541-sq.-ft. location in El Paso’s Sunland Towne Center.

    Kite Realty and RJL Realty Advisors represented the landlord, KRG Sunland. Venture Commercial represented Sprout’s.

     

  • GNC plans 26-store rollout in China

    Pittsburgh — GNC Holdings has announced that it is expanding its retail presence in China with the opening of its first stand-alone store in Shanghai. GNC plans to open an additional 25 locations in China over the next 12 months.

    The company currently operates more than 60 store-within-a-store locations in eight grocery, convenience and health and wellness chains in China.

     

  • Loblaw investments bolster its Q2

    Loblaw Companies Limited — which recently announced its plans to <a href="http://loblaw/ investments bolster its Q2 Loblaw Companies Limited, which announced its plans to acquire Shoppers Drug Mart for C$12.4 billion in cash and stock, reported higher earnings and revenue in the second quarter of fiscal 2013 as compared to the same period in fiscal 2012. Lolbaw’s net earnings for the quarter totaled USD $173.2 million, up 14% from $151.8 million. The retailer reported revenues of $7.31 billion, a 2% increase from $7.18 billion a year earlier. Same-store sales improved 1.1%.

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