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Convenience Stores

  • Bi-Lo, Winn-Dixie parent files for IPO

    New York -- The parent company of Bi-Lo and Winn-Dixie supermarkets, Southeaster Grocers, has filed for an initial public offering.  

    The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

  • Toomer’s Coffee, Auburn Rays to Hamilton Place

    Auburn, Ala. — Toomer’s Coffee Company and Auburn Rays have each leased 1,400 sq. ft. in Hamilton Place Shopping Center in Auburn, Ala., according to Pine Tree Commercial, which owns the property in partnership with Privet Investments LLC and Silverpeak Real Estate Partners.

    The Shopping Center Group represented the landlord in the transaction.

     

  • Report: Trader Joe’s to open store in Hingham, Mass., in October

    Monrovia, Calif. – Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

    According to the Hingham Journal, Trader Joe’s signed a lease with Samuels & Associates in winter 2012 to open a 12,000-sq.-ft. store in the Launch portion of the Shipyard complex.

  • 99 Cents Only opens stores in Southwest

    City of Commerce, Calif. – 99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

    99 Cents Only is opening its first store in Laveen, Ariz. at 3610 West Baseline Road. The store is approximately 11,685 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

  • Schnuck Markets names former Giant-Landover prez as strategy chief

    Former president of Giant-Landover, Anthony Hucker, has joined Schnuck Markets as EVP and chief strategy officer.

    Hucker recently resigned as president of Giant-Landover, a chain owned by Ahold USA that runs 169 stores in the District of Columbia and surrounding areas.

    "Anthony is a tremendous talent who shares our values; he's customer-focused and a true merchant in every sense," Schnucks chairman and CEO Scott Schnuck said. "We expect that he will add velocity to efforts that will ensure Schnucks' continued growth and success."

     

  • Gov. Brown signs bill raising California minimum wage to $10 by 2016

    New York -- Governor Jerry Brown of California on Wednesday signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years. The increase will make California's minimum wage the highest in the country.

    The wage increase will go into effect in two separate $1 increments, going from the current minimum of $8 to $9 on July 1, 2014, and then to $10, on January 1, 2016.

  • New Sam’s Club opens in Harker Heights, Texas

    Harker Heights, Texas — Sam’s Club will open its new Harker Heights, Texas location on Sept. 26 at 8 a.m. The grand opening will feature presentations by the mayor of Harker Heights and the president of the chamber of commerce president. Retired NFL player Ed “Too Tall” Jones will make an appearance from 3 p.m. to 5 p.m.

    The new 136,000-sq.-ft. warehouse will bring 175 jobs to the community and feature a fresh bakery, a tire and battery center, a café and a fueling station.

  • IHL: North America self-service kiosk transactions near $1 trillion

    Franklin, Tenn. – The dollar value of transactions performed at self-service kiosks in North America surpassed $822 billion in 2012 and should reach more than $1 trillion by the end of 2014. Self-service kiosks are currently used in more than 100,000 checkout lanes at North American retailers.

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