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Convenience Stores

  • Dr Pepper Snapple Group acquires Nev. bottling company

    PLANO, Texas — Dr Pepper Snapple Group has purchased a company that bottles its beverages for much of the West, the company said.

  • SRS Real Estate negotiates new leases for Sleep Number

    New York -- Dallas-based SRS Real Estate Partners said that Select Comfort Corp., which operates the Sleep Number Store, has leased several new locations in and around New York City.

    In Danbury, Conn., the company leased 2,580 sq. ft. at the Shops at Marcus Dairy, an 80,000-sq.-ft. shopping center tenanted by Whole Foods, Eastern Mountain Sports and Panera Bread.

  • Sembler reinvents Park 66 property

    St. Petersburg, Fla. -- The Sembler Co. announced Monday that it is redeveloping its Park 66 shopping center, located in St. Petersburg, Fla., and owned by the company since 1970.

    A Wal-Mart Neighborhood Market is being added to the property as part of the redevelopment – slated to open fall 2013 – and other tenants are being relocated.
     

  • Supervalu announces divisional leadership changes

    Minneapolis -- Supervalu announced Monday that it will make sweeping changes among its executive ranks as part of a previously announced right-sizing program.

    Newly minted president and CEO Sam Duncan has named former Kroger VP Mark Van Buskirk as EVP merchandising and marketing for Supervalu, charged with oversight of retail merchandising and marketing.

    Former Albertsons executive Rob Woseth has been named EVP chief strategy officer, overseeing real estate and corporate development, as well as strategic growth opportunities.

  • LandMark Retail Group opens trio of CVS stores

    San Francisco -- LandMark Retail Group said it has opened three CVS/pharmacy stores in San Francisco on behalf of the drugstore retailer.  

    Over the past year, the firm has completed 13 CVS stores throughout California with plans to open four more this year.

    The first CVS/pharmacy store is located at 351 California St., occupying a ground-level retail space in a San Francisco financial district office building. It features 9,009 sq. ft., and opened after five months of construction.
     

  • Supervalu restructures executive, banner leadership

    MINNEAPOLIS — Supervalu has named new leadership at the executive and banner retail level. According to the company, the move is part of its plans to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition LLC. That transaction is expected to be completed the week of March 18.

  • Same day delivery could be WMT's secret weapon

    With 4,000 U.S. stores serving as product depots, same day delivery holds great potential for a retailer with an unrivaled retail footprint, assuming a strategy can be developed to profitably unlock the opportunity.

    Walmart has experimented with same day delivery on the west coast where order are fulfilled from stores and a broader rollout of the service would seem inevitable at some point in the future given online shoppers desire for immediate gratification.

  • Publix posts same-store sales increase of 2.2% for fiscal 2012

    LAKELAND, Fla. — Publix on Friday recorded fiscal 2012 sales of $27.5 billion, up 1.9%. However, 2012 year-end sales included a 52-week period, versus 2011 year-end sales that were tracked over a 53-week period. Excluding that extra week, sales for 2012 would have been up by 3.8%. Same-store sales were up 2.2% for the year. 

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