Convenience Stores

New York -- Google is reportedly expanding its same-day Google Shopping Express service to Manhattan and Los Angeles, according to the New York Post.

The service strives to make same-day deliveries from Fairway, Walgreens, Target, Costco and other retailers to anyplace in Manhattan for $4.99 per store, the report states.

The article says that the service, first launched in San Francisco last year, will expand to Brooklyn and Queens in the coming months.

Sales from new stores as well as a nearly 7% same-store sales increase bolstered Natural Grocers by Vitamin Cottage’s second quarter ended March 31.

Net sales increased 22.4% to $130.3 million over the same period in fiscal year 2013 due to a $16.6 million increase in sales from new stores and a 6.9%, increase in comparable store sales.

A stellar retail panel — Mark Friedman, manager of retail facilities, Coldwater Creek; Eric Johnson, director of store planning, design and construction, Brookshire Brothers Ltd.; and Bob Valair, director of energy and environmental management, Staples — shared first-hand accounts of their LED deployments and plans going forward at the SPECS session, “LED Lessons Learned, Strategies for the Future.”

Woonsocket, R.I. – Net income at CVS Caremark Corp. increased 18.3% to $1.1 billion in the first quarter of fiscal 2014, compared with approximately $1 billion a year earlier. Pharmacy services and retail pharmacy segments both benefited from the impact of increased generic drugs dispensed and slower growth in expenses.

Despite severe weather-related issues during the first quarter, CVS reported “solid results” across the enterprise and executives expressed optimism in achieving 2014 goals.

Redevelopment continues to ignite retail

One of the most fascinating aspects of our ongoing economic recovery is the paradigm shift with respect to commercial development priorities. In the wake of the recession, new development has largely taken a backseat to redevelopment as developers and retailers alike have set their sights on opportunities in core urban markets that have been historically underserved.

New York -- Seattle Mayor Ed Murray on Thursday unveiled a plan to increase the city’s minimum wage to $15. Although Murray said the hike has broad support across local government, business and labor communities, the City Council still has to vote on the proposal.
 
Under Murray’s plan, businesses with fewer than 500 employees would have seven years to comply and larger businesses would have three years. Further increases would be tied to inflation.
   

Fast-casual pizza concept, PizzaRev, is positioned for growth

PizzaRev opened a concept test kitchen in Los Angeles in April 2012. Today, it has nine company-owned restaurants with 19 more company and franchised stores on the way.