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Convenience Stores

  • Wal-Mart reverses comp sales decline to cut U.S. cap spending

    Rogers, Ark. -- Wal-Mart Stores had positive news for analysts and investors gathered for the retailer’s annual meeting on Wednesday in Rogers, Ark. The chain said its same-store sales rose in July, August and September, reversing a two –year slump.  It also announced that it plans to cut its capital spending in the United States, even as it increased cap spending abroad,  as it continues to shift toward building smaller stores.  

  • Retail Orphan Initiative co-founder Greg Buzek honored with national award

    Nashville, Tenn. -- The Congressional Coalition on Adoption Institute (CCAI) honored IHL president and Retail Orphan Initiative (RetailROI) co-founder Greg Buzek with the first annual Paul Singer Award at the 13th Annual Angels in Adoption Congressional gala. RetailROI is a charitable foundation that was established to help the 400 million orphaned and vulnerable children worldwide.

    The award was presented in a ceremony on Oct. 5, in Washington, D.C.

  • Food Lion receives LEED Silver certification for two stores

    Salisbury, N.C. -- Food Lion said Tuesday that two of its stores in Fayetteville, N.C., have been awarded Leadership in Energy and Environmental Design Silver certifications by the U.S. Green Building Council.

    The green grocery stores feature a number of environmentally friendly construction and energy-efficient services, including an on-site recycling center, an educational kiosk and preferred parking for carpool vehicles.

  • Total Wine & More teams with Opterus for store ops solution

    Toronto, Ontario -- Web-based task management and store communications provider Opterus said Tuesday that Total Wine & More has implemented Opterus Store Ops-Center to manage tasks and projects and to obtain valuable feedback from their stores.   

  • California Gov. Brown vetoes big-box legislation

    New York City -- Gov. Jerry Brown of California vetoed a bill that would have required comprehensive economic-impact reports before big-box superstores could begin construction.

    The bill, the Small and Neighborhood Business Protection Act, would have required supercenters to address more than a dozen possible economic side-effects, including job losses if competitors faltered.

  • A&P outsources maintenance services

    New York City -- The Great Atlantic & Pacific Tea Co. has awarded a three-year contract to USM Services, a division of Emcor Group, Norwalk, Conn., to provide facilities management services to the chain’s 336 stores in the Northeast.

  • 99 Cents Only in $1.6 billion buyout

    Commerce, Calif. -- Discounter 99 Cents Only Stores said Tuesday it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.

    The announcement ends a months-long sales process, which started with a takeover offer from Leonard Green & Partners in March.

  • Supervalu exec gets a NEW award

    CHICAGO — Sue Klug, president of the Southern California division of Supervalu, has been awarded the Bobbie O'Hare Award for outstanding service to the Network of Executive Women.

  • Stop & Shop co-sponsors food benefit outreach program

    NEW YORK — Supermarket chain Stop & Shop will work with Foodshare to sponsor events at its stores in Hartford, Conn., to help qualifying residents access the Supplemental Nutrition Assistance Program benefit.

    About 70% of Connecticut residents who qualify for SNAP, formerly known as the food stamp program, actually receive the benefit, Stop & Shop said. This is because of such issues as language barriers, lack of transportation or lack of knowledge of the program.

  • Rising spending tide lifted most apparel boats

    Americans spent lots of money on apparel in September, and Target was among the beneficiaries, reporting that the category’s performance exceeded the total company same-store sales increase of 5.3%. Target didn’t elaborate on any key merchandising initiatives that may have influenced the results, such as the launch of the Missoni collection, but it was hardly alone in reporting strong apparel sales.

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