Skip to main content

Convenience Stores

  • Aldi close to deal for Manhattan space

    New York City -- Aldi is close to making a deal to open its first supermarket in Manhattan, Craine’s New York reported.

    The German discount grocer opened its first store in New York City, in Queens, last year. According to Craine’s, Aldi is set to lease space at East River Plaza, located between 116th St. and 119 St. in Harlem. The shopper center already boasts such tenants as Target, Best Buy and the city’s first Costco.

  • Marsh Supermarkets earmarks $60 million for new stores and remodels

    New York City -- Marsh Supermarket will spend $60 million to build up to 10 stores and remodel or rebuild several more over the next three years, the Indianapolis Business Journal reported.

    The new stores will average 40,000 sq. ft. to 60,000 sq. ft. with a strong focus on fresh fruits and vegetables and service-oriented components, according to the report.

    Marsh operates of 70 namesake stores and 27 smaller-format Mainstreet Market stores. It is privately held, a portfolio company of private equity firm Sun Capital Partners.

  • Dunkin’ Donuts looks to expand West

    New York City -- Dunkin' Donuts is looking to expand in the western part of the country. The chain said it is actively seeking franchisees for parts of Colorado, Texas, Nebraska, Oklahoma and New Mexico, regions in which the Dunkin barely has a presence.

    To entice would-be franchisees, the company will offer reduced royalty fees and extra money for local advertising.

  • Kroger profit up 7.3%

    Cincinnati -- The Kroger Co. reported Friday that net income in the second quarter rose 7.3% to $280.8 million. The company said earnings got a boost from tax adjustments and sales at its gas stations.

    Sales increased 11.5% to $20.9 billion. Same-store sales were up 5.3%.

    “Our ongoing investments in the four keys -- our people, products, prices and the shopping experience -- continued to enhance our connection with customers and drive positive identical sales growth,” said David B. Dillon, Kroger’s chairman and CEO.

  • Supervalu to sell 107 fuel centers

    EDEN PRAIRIE, Minn. — Supervalu has announced the sale of 107 fuel centers located in the Midwest, Intermountain West and West Coast regions following the acceptance of four separate bids to purchase the centers. The transactions include the majority of fuel centers within the Albertsons, Cub Foods, Hornbacher’s and Jewel-Osco banners.

  • Walmart expands reach with new smaller-format store in Midwest City, Okla.

    MIDWEST CITY, Okla. — Walmart is gearing up to open a Neighborhood Market store this month in Midwest City, Okla.

    The 40,000-sq.-ft. format will offer customers quick access to low-cost groceries, prescriptions and household products. The store officially will open its doors on Sept. 21.

    As previously reported, Walmart president and CEO Bill Simon said that the Neighborhood Market format is being rebranded as Walmart Market.

  • Casey’s income up 6%, misses expectations

    Ankeny, Iowa -- Casey's General Stores said that its net income climbed 6% to $39.3 million in the most recent quarter, fueled by new stores. But rising costs for some commodities cut into its profit margins and its results fell shy Wall Street expectations.

    The company's overall profit margin fell to 14.2% from 17.2%.

  • Supervalu selling 107 fuel centers

    Eden Prairie, Minn. --- Supervalu announced the sale of 107 fuel centers located in the Midwest, Intermountain West and West Coast regions following the acceptance of four separate bids to purchase the centers. The transactions include the majority of fuel centers within the Albertsons, Cub Foods, Hornbacher’s and Jewel-Osco banners.

  • Safeway raises more than $10M for the Muscular Dystrophy Association

    PLEASANTON, Calif. — Safeway announced that it has raised $10.4 million during a five-week campaign to help the Muscular Dystrophy Association develop treatments and assist people coping with neuromuscular diseases.

  • Staples adding Ryder natural gas vehicles to fleet

    Miami -- Ryder System announced that it and Staples have agreed to add 10 heavy-duty compressed natural gas (CNG) tractors to Ryder’s dedicated fleet servicing Staples. The tractors -- the first of their kind used in Staples’ third party dedicated operations -- will replace ten diesel tractors currently used by Ryder for Staples, and have been made available through Ryder’s natural gas vehicle project agreement with the San Bernardino Associated Governments in Southern California.

X
This ad will auto-close in 10 seconds