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Convenience Stores

  • Dollar General is smokin’ in the second quarter

    GOODLETTSVILLE, Tenn. — Dollar General reported record sales, operating profit and net income for its second quarter ended Aug. 2, driven, in part, by the company’s newly introduced tobacco products and strong sales of perishables and candy and snacks.

    The company’s net income increased 15% to $245 million in the quarter, from $214 million in the year-ago quarter, and earnings per diluted share of $0.75 in the quarter increased 17% over EPS of $0.64 in the year-ago quarter. 

  • Kimco Realty installing electric vehicle charging stations at seven centers

    New York -- Kimco Realty and NRG eVgo, part of NRG Energy, opened the Bay Area’s first electric vehicle charging station, at Westlake Shopping Center, Daly City, Calif.

  • Changes in Delhaize Group’s executive leadership

    BRUSSELS, Belgium — Belgian international food retailer Delhaize Group announced that Roland Smith, CEO of Delhaize America, and Pierre-Olivier Beckers, CEO of Delhaize Group, are leaving the company.

  • Delhaize names new CEO

    Brussels, Belgium – Delhaize Group has named Franz Muller as CEO, effective Nov. 8. Muller will succeed Pierre-Olivier Beckers, who will remain available to advise the new CEO until year-end and continue to serve on the board of directors in a non-executive capacity thereafter.

    Muller, 52, has more than 15 years of senior leadership experience in retail, most recently as a member of the management board of Metro AG and CEO of Metro Cash & Carry. He will start with Delhaize on Oct. 14, prior to assuming the role of CEO.

  • VeriFone launches POS software platform

    SAN JOSE, Calif. — VeriFone Systems has launched GlobalBay Merchant, a point-of-sale software platform and support infrastructure designed to help ISOs and acquirers provide tablet POS solutions to small and medium businesses.

  • Duane Reade racks up one million Twitter followers

    New York -- Drugstore operator Duane Reade in late August passed an important milestone: It surpassed 1 million Twitter followers. The drugstore chain, which is owned by Walgreens, is most-followed retailer on Twitter in the food, drug and mass arena.

    Duane Reade has garnered five times more Twitter followers than its parent company Walgreens (180,390 followers), the second-most followed drug store retailer. CVS/pharmacy, No. 3, is followed by 117,931 Twitter followers.

  • SRS Real Estate Partners July transactions

    Dallas -- SRS Real Estate Partners (SRS) announces highlights of August transactions and new assignments.

    Atlanta:
    Shoe Carnival has executed a new lease for an 11,542-sq.-ft. space at Heritage Pavilion in Smyrna, Ga. The new location is expected to open in October 2013. SRS represented the tenant in this transaction. Developers Diversified Realty represented the landlord.

  • Sam’s Club moving to bigger location in Anchorage

    New York -- Sam's Club will host a grand opening celebration on Thursday, Sept. 5, at its new location in Anchorage. At 145,000 sq. ft., the new club will be more than 50% bigger than the former Anchorage location.

    The new club has been constructed to include many environmentally friendly features. Energy-efficient fixtures, including daylight-harvesting skylights, reduce the amount of energy required to light the club by up to 75% daily.

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