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Convenience Stores

  • Fairfax, Virginia, project receives entitlements

    Washington, D.C. — The Fairfax, Virginia, City Council has approved a rezoning application for Combined Properties’ Fairfax Circle Plaza. The project aims to redevelop the current strip retail center and replace it with a mixed-use development with up to 400 new apartments and 88,000 sq. ft. of retail including a grocery store.

    The project is located at the intersection of two major routes just over a half mile from the Vienna, Virginia, Metro station.

  • Stater Bros. announces two locations

    San Bernardino, California -- Plans are well underway to open two new state-of-the-art "Blue Ribbon" Stater Bros. Supermarkets in California, with one in Covina (Los Angeles County) and the other in Menifee (Riverside County).  

  • Max Challenge taps R.J. Brunelli

    Old Bridge, N.J. — Max Challenge Franchising, a fitness center franchisor, has appointed R.J. Brunelli & Co. as its exclusive national tenant representative.

    Max Challenge studios currently operate throughout much of New Jersey, Staten Island, New York, and metropolitan Sacramento, California.

    The company is seeking 2,000 to 3,000-sq.-ft. locations in the Hoboken/Edgewater, Montclair, Bergen County and Cherry Hill markets in New Jersey.

  • Dollar General CEO: Keeping it simple is key to success

    Goodlettsville, Tenn. -- Keep it simple — that’s secret to Dollar General's success Rick Dreiling, chairman and CEO of the 75-year-old company said at its shareholders annual meeting.

    "Simple neighborhood stores, simple, frequently-needed items and everyday low prices," he said. "For 75 years, [Dollar General has focused] on helping low- and middle-income families save money and save time by offering quality, basic merchandise at affordable prices in convenient, small-box neighborhood stores."

  • Advance Auto to South Plainfield, New Jersey, center

    South Plainfield, N.J. — Advance Auto Parts has signed an 11,382-sq.-ft. lease at Oak Park Commons in South Plainfield, New Jersey, bringing the center’s occupancy rate up to 95%. Charter Realty & Development co-brokered the transaction with NJ Commercial Realty.

    The auto parts retailer will be joining Dollar Tree, A&P, McDonalds, CVS, Subway, GNC, Wells Fargo, Goodyear, RadioShack, and H & R Block.

  • Wal-Mart promotes Broader to new exec role in international division

    Bentonville, Ark. -- Wal-Mart Stores announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA, effective June 1. In her new role, she will lead Walmart's retail operations and oversee business development in Europe, the Middle East, Sub-Saharan Africa and Canada and will report directly to David Cheesewright, president and CEO, Walmart International.

  • Ex-Winn-Dixie CEO joins RPAI board

    Supermarket industry veteran Peter Lynch was named to the board of directors at Retail Properties of America (RPAI).

    The publicly held owner and operator of 227 properties encompassing 31.2 million square feet said Lynch’s extensive experience in the grocery industry would aid RPAI in its repositioning efforts.

  • Taxes reduce Fred’s Q1 net income

    Memphis, Tenn. – Fred’s Inc. cited higher income taxes as contributing to declining net income in the first quarter of fiscal 2014. Net income totaled $6.1 million, down 46% from $11.4 million in the same quarter in the previous year.

    Fred's total sales for the first quarter of fiscal 2014 were $498.3 million, down slightly from $501.5 million for the first quarter last year. Same-store sales for the quarter declined 1.9%.

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