Skip to main content

Convenience Stores

  • Pep Boys acquires 17 L.A.-area Discount Tire Centers

    Philadelphia – The Pep Boys - Manny, Moe & Jack has acquired 17 Discount Tire Centers in Southern California from AKH Co. These 17 stores are located throughout the greater Los Angeles market, from Bakersfield to Orange County.

  • Survey: Gen Y still drawn to brick-and-mortar

    New York -- Despite their love of the internet, Generation Y shoppers remain loyal brick-and-mortar shoppers, according to survey results by the Urban Land Institute. One caveat, however, is that the physical shopping experience must be exciting.

  • Target sets opening dates for 23 more Canadian stores

    Minneapolis -- Target Corporation will open 23 new stores in Canada this fall, including its first stores in Quebec and Nova Scotia, along with additional Ontario locations in Ottawa and surrounding area. Fourteen stores will open on Sept. 17, and nine on Oct. 18.

  • R.J. Brunelli: Northern Jersey retail vacancy rate edges down

    Old Bridge, N.J. — Thanks to absorptions of numerous empty big-box space on Route 22, the vacancy rate in retail properties along northern New Jersey’s six major shopping corridors inched own to 8.1% from a high of 8.2% a year ago, according to the latest survey by R.J. Brunelli & Co.

  • Walgreen August comps beat Street

    Deerfield, Ill. -- Walgreens reported that same-store sales for the month of August rose 4.8%, beating Wall Street expectations of a 2.9% gain.

    Results included a 6.4% gain from the pharmacy and a 2.2% rise from the front-end.

    Total revenue for August rose 6% to $6.17 billion.

  • Pret A Manger leases Capitol Hill building

    Washington, D.C. — Pret A Manger has leased a two-story retail building on Capital Hill in Washington, D.C., according to Douglas Development, the building’s owner. Located just two blocks from the U.S. Capitol Building, the restaurant will occupy 4,300-sq. ft. and offer two floors of indoor dining as well as a large outdoor patio.

    Originally from London, Pret A Manger opened its first U.S. location in 2000 near the New York Stock Exchange. Today, there are over 300 Pret A Manger locations worldwide.

     

  • Rite Aid records modest same-store sales rise in August

    Camp Hill, Pa. -- Rite Aid Corp. saw same-store sales edge up 1.1% in August, hurt by a 1.7% front-end same-store sales drop. Pharmacy comps rose 2.5%.

    For the quarter, total sales edged up 0.7% to $6.25 billion, and same-store sales rose 1%.

     

  • Phillips Edison’s REIT acquires grocery anchored center

    Cincinnati — Phillips Edison—ARC Shopping Center REIT Inc. has announced the acquisition of Yorktown Centre, a 196,728-sq.-ft. shopping center in Erie, Pa. Anchored by a Giant Eagle grocery store, Yorktown Centre is 100 percent occupied.

X
This ad will auto-close in 10 seconds