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Convenience Stores

  • Mason out as Tesco aborts Fresh & Easy

    Tesco arrived in the U.S. in 2007 amid great fanfare with its first Fresh & Easy stores. Now, just five years later, the 30 year Tesco veteran in charge of the 200 unit operation is gone and the company is looking to unload the stores.

  • Brixmor announces unveiling of Naples Plaza redevelopment

    Naples, Fla. -- New York City-based Brixmor Property Group has announced the Dec. 6 grand re-opening of its redevelopment of Naples Plaza, one of the oldest shopping centers in Naples, Fla.

  • Survey: Defecting consumers could have been retained

    New York -- Although consumers are defecting in growing numbers, the majority say they could have been retained, according to survey results released Wednesday by Accenture.

    According to the Accenture Global Consumer Survey, in 2012 one-in-five consumers switched companies they buy from -- including retailers, wireless phone and Internet service -- marking a 5% increase in switching over 2011 levels. However, the survey also found that 85% of consumers say the companies could have done something differently to prevent them from switching.  

  • Walgreens sales dip in November

    Deerfield, Ill. -- Walgreen Co. reported Wednesday that sales for November dipped 3.9% to $5.85 billion, compared with $6.09 billion for the same month in fiscal 2012.

    Total front-end sales decreased 0.3% and same-store front-end sales decreased 1.7%.

    Walgreens opened 39 stores during November, including 10 relocations and closed one.

     

  • Tesco set to sell or close all Fresh & Easy stores

    London -- Tesco CEO Philip Clarke announced Wednesday that the British supermarket retailer will likely sell or close its entire U.S. presence, which means that 199 Fresh & Easy stores could be shuttered or sold off.

    According to multiple reports, Tesco is close to making the decision after five unprofitable years in the U.S. The retailer launched the concept in 2007, confident there was a niche for a grocery store with fresh food offerings formatted in a unique footprint that was smaller than a typical supermarket but larger than a c-store.

  • Big Lots loss only half as bad as planned

    The addition of 27 new stores wasn’t enough to prevent Big Lots from reporting a 1.9% sales decline during the quarter ended October 27.

  • Coke and Select Milk team up to offer power shake

    ATLANTA — The Coca-Cola Company and Select Milk Producers have teamed up to acquire the newly created Fair Oaks Farms Brands, which owns and operates Core Power, a high protein milkshake.

    With the Fair Oaks Farms Brands, the Coca-Cola Company and Select will expand an ever-growing portfolio of brands and products, which will now feature dairy.

  • Report: C-store traffic declines in Q3

    Houston -- A Tuesday report by NPD Group found that total consumer traffic through convenience stores was down 2.1% in the third quarter, compared with the same period last year.

    NPD’s convenience store market research reports that the traffic decline this quarter was largely driven by lower purchase frequency (5.9 visits per 30 days), but was also influenced by a slight decline in the overall reach of the channel (only 50.2% of consumers aged 16+).
     

  • Mrs. Fields to debut new store at Arista Place

    Broomfield, Colo. -- Mrs. Fields Cookies said Tuesday it will open a new location at Arista Place, located in Broomfield, Colo.

    The flagship store, which is slated to launch construction this month, will feature a new store design and branding. It is expected to open in March 2013.

    The new design, said the company, will incorporate more soft seating and a retail area for ordering cookie gifts online. The corporate location will also serve as the company’s training university for new franchisees.

  • Family Dollar appoints new SVP, food

    MATTHEWS, N.C. — Less than six months after joining Family Dollar, Tammy L. DeBoer has been named SVP of food.

    DeBoer will report to Paul White, EVP and CMO at the rapidly growing discount retailer. This latest appointment comes as the retailer has taken steps to position itself as a one-stop destination for shoppers with expanded assortments of food and consumables.

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