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Convenience Stores

  • Inland’s IREIT acquires Texas and Florida centers

    Oak Brook, Ill. — Inland Real Estate Income Trust has acquired two shopping centers in Texas, and Florida, in separate transactions: Mansfield Pointe Shopping Center in Mansfield, Texas, and North Hills Square Shopping Center in Coral Springs, Fla.

    IREIT acquired the 148,529-sq.-ft. Mansfield Pointe for $28.4 million and the 63,829-sq.-ft. North Hills Square Shopping Center for $11.05 million.

  • Brunelli promotes Nick Deluca to sales associate

    Old Bridge, N.J. — Retail leasing specialists R.J. Brunelli & Co. has announced the promotion of Nick DeLuca to sales associate.

  • Realty Resources announces new members

    Virginia Beach, Va. — Realty Resources has announced that several firms have joined the nationwide alliance of commercial real estate brokerage firms.

  • Simon and NRG eVgo launch electric car charging stations

    Washington, D.C. — Simon Property Group and NRG eVgo (ee-vee-go), a subsidiary of NRG Energy will host an amped-up Earth Day Electric Car Caravan to unveil three new electric car fast-charging Freedom Station sites at St. Charles Towne Center, Bowie Town Center and Queenstown Premium Outlets in Maryland. The caravan will attend ribbon-cutting ceremonies at each center on April 22.

  • CVS/pharmacy offers insurance payment service

    Woonsocket, R.I. - CVS/pharmacy is launching a new service called Bill Pay at CVS/pharmacy in spring 2014 to help customers manage their monthly health insurance premiums. Members of participating health plans can bring their insurance bills to any CVS/pharmacy store in the U.S. to pay their premiums at no additional cost.

  • Where to look for the next big thing in retail

    Most U.S. retailers make their first international foray in contiguous markets such as Canada or Mexico for obvious reasons. However, for those interested in massive growth potential who have a long term perspective a more exotic market beckons.

  • Michaels emerges largely unscathed by data breach

    Michaels assured customers a previously disclosed data security issue had been fully contained and raised the disconcerting prospect that it is only possible to make such a claim after a breach has been detected.

    The company said in January that it learned of possible fraudulent activity on some U.S. payment cards that had been used at it stores. An extensive investigation ensued that involved two independent security firms who, along with the company, worked closely with law enforcement authorities, banks and payment processors to determine what happened.

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