Convenience Stores

West Bloomfield, Mich. -- Mid-America Real Estate — Michigan has announced two new leases. DXL Men’s Apparel has taken a 10,514-sq.-ft. store on Miller Road in Flint, Mich. Mid-America represented DXL in the transaction

Jersey Mike’s has leased a 1,400-sq.-ft. location in the Canton Corners Shopping Center in Canton, Mich. Mid-America represented the landlord, Canton Corners Co., in the negotiations.

Brentwood, Tenn. – Tractor Supply Company has named Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

Nashville, Tenn. — GBT Realty has announced that Firehouse Subs, Aspen Dental, Bama Fever Tiger Pride, Smashburger and Edible Arrangements will be coming to Cobbs Ford Village, a new in-line shopping center in Prattville, Ala.

Starbuck’s and Gigi’s Cupcakes have already opened at the shopping center, and Chipotle will open in mid February. Two 1,600-sq.-ft. places remain available.

Charlotte, N.C. — Havertys Furniture has leased a 45,000-sq.-ft. location in Glensford Commons in Fayetteville, N.C. The Charlotte office of Divaris Real Estate represented Havertys Furniture in the lease negotiations.

Other leases completed by Divaris in the Carolinas include a 3,600-sq.-ft. location for Firsthealth of the Carolinas in Carthage, N.C. Divaris handled the lease negotiations on behalf of the landlord, Food Lion.
 

Tractor Supply Company has elected Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

Prior to his various positions at Luxottica, Weikel served as COO of Lord & Taylor. Before Lord & Taylor, Weikel was president & COO of Victoria's Secret Stores at Limited Brands. Earlier in his career, Weikel held several management positions at the May Department Stores Company.

Woonsocket, R.I. – The Feb. 5 decision by CVS to stop selling cigarettes and other tobacco products by October 2014 reportedly created a large volume of related discussion on social media. According to analysis from social media analysis technology provider Crimson Hexagon, as of 6 p.m. on Feb. 5, there were more than 139,000 total posts on Twitter (92% of the conversation) and public Facebook (8% of the conversation) posts mentioning CVS.

New York -- Snowstorms and bitterly cold weather took a bite out of sales for some retailers in January. One of the retailers feeling the chill was Fred’s, which posted a 1.8% decline in January same-store sales.

"The weather was a significant challenge for us in January," said CEO Bruce Efird, who added that it disrupted shopping patterns, but also resulted in “more than 120 store closings during the final week of the month."

The weather posed a significant challenge for Fred’s in January. According to CEO Bruce A. Efird, Mother Nature not only disrupted consumer shopping patterns, but also resulted in more than 120 store closings during the final week of the month.

“Prior to the last week of January, sales were running in the mid-range of our forecast, with reconfiguration departments leading the way,” Efird explained.

Fred's total sales for January were $134.8 million compared with $173.5 million for the five-week year-earlier period.