Skip to main content

Convenience Stores

  • Walgreens weathers May chill for Q3 sales gains

    DEERFIELD, Ill. — Walgreens reported sales of $18.3 billion for the third quarter, up 3.3%. Same-store sales increased 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp sales up 2%. Prescriptions filled were up 7% for the quarter.

    Sales of Walgreens' shares were up $1 to $49.03 in early-morning trading.

    Walgreens reported that more than 72 million Walgreens faithful have signed on for the company's Balance Rewards loyalty program through May. 

  • Walgreens Q3 sales up 3.3%

    Deerfield, Ill. -- Walgreens on Wednesday posted third-quarter sales of $18.3 billion, up 3.3%.

    Same-store sales were up 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp sales up 2%. Prescriptions filled were up 7% for the quarter.

    Walgreens reported that more than 72 million Walgreens faithful have signed on for the company's Balance Rewards loyalty program through May.

  • $6 million redevelopment brings Whole Foods to Greenway Town Center

    Portland, Ore. -- Regency Centers Corp. has announced a $6 million redevelopment of Greenway Town Center, a 93,000-sq.-ft. neighborhood center in Tigard, Ore., a suburb of Portland. Among the center’s enhancements, Whole Foods Market will open a 37,500-sq.-ft. anchor store in 2014.

    The redevelopment will include a new exterior façade with cedar wood accents, upgraded architectural components, parking lot improvements and new site lighting, landscaping and signage.

  • RadioShack’s Amschler promoted to SVP, franchise

    FORT WORTH, Texas — RadioShack has promoted Marty Amschler to SVP of franchise. In his expanded role, Amschler will continue to lead RadioShack's dealer franchise operations while also now providing senior leadership to the company's commercial sales division and B2B sales team.

  • Dollar General cuts profit forecast despite strong quarter

    Goodlettsville, Tenn. -- Dollar General reported record net income and sales during for the first quarter, but still reduced the top end of its profit forecast due to moderating same-store sales.

    The discounter reported net income of $220 million, up 3% from $213 million in the first quarter of 2012. Net sales totaled $4.23 billion, up 8.5% from $3.9 billion.

  • Food Industry Alliance joins others in USDA Food Waste Challenge

    WASHINGTON, D.C. — The U.S. Department of Agriculture has launched the Food Waste Challenge to encourage people to reduce, recover and recycle food waste. 

    The Food Waste Reduction Alliance, made up of leading food retail, food manufacturing and foodservice companies, issued the following statement:

  • Office Depot to sell joint venture in Latin American operation

    Boca Raton, Fla. -- Office Depot has reached an agreement to sell its 50% stake in Office Depot de Mexico S.A. de C.V. to its joint venture partner Grupo Gigante, S.A.B. de C.V. for roughly $690 million in cash.

    Office Depot de Mexico, which was founded in 1994 as a joint partnership between Office Depot and Grupo Gigante, has more than 248 stores throughout Mexico and Central America and more than $1.1 billion in annual sales.

  • Dick’s Sporting Goods holds grand opening at Alliance Town Center

    Fort Worth, Texas -- Dick’s Sporting Goods is now open at Alliance Town Center in North Fort Worth, Texas. During the May 31 through June 2 grand opening ceremonies for the 50,000-sq.-ft. Phase II anchor, co-developer Trademark Property Co., announced plans to add 237,000-sq.-ft. of retail and restaurant space to the center.

    “With Dick’s opening, we are well positioned to complete the current phase and proceed with our main-street lifestyle expansion,” said Trademark CEO Terry Montesi.

X
This ad will auto-close in 10 seconds