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Convenience Stores

  • Dollar General making its way to the Golden State

    GOODLETTSVILLE, Tenn. — Dollar General announced its plans to expand its operations to California in 2012.

    The California announcement comes on the heels of the company’s planned expansions into three new states in 2011 — Connecticut, Nevada and New Hampshire. California would be Dollar General’s 39th state.

    The company said it plans to serve shoppers in rural, suburban and metropolitan markets.

  • Delhaize Group elects new members to board

    BRUSSELS — The Belgium-based parent company of Delhaize America, which operates such banners as Food Lion and Harveys in the United States, has elected new members to its board of directors.

  • Fred's net income increases 16%

    MEMPHIS, Tenn. — Fred's net income increased 16% to $9.5 million, or 24 cents per diluted share, compared with net income of $8.2 million, or 21 cents per diluted share in the year-earlier period.

    The retailer said that total sales rose 3% to $484.4 million from $471.6 million for the same period last year. For comps, Fred's reported a 1% rise on top of a 2.2% increase for the first quarter last year.

    Fred's gross profit for first quarter 2011 increased 1% to $137.9 million from $136.9 million in the prior-year period.

  • A&P sells 12 Superfresh stores, to close 13 others

    New York —The Great Atlantic & Pacific Tea Company (A&P), which is working its way through Chapter 11, will close 13 Suprefresh stores in the Baltimore area in  July because it can't find anyone to buy the properties, The Baltimore Sun reported.

  • The Marketplace at Centerra announces new restaurant leases

    Loveland, Colo. — McWhinney Enterprises announced that its Marketplace at Centerra power center in Loveland, Colo., will see the addition of Menchie’s and Buffalo Wild Wings this year.

    Menchie’s is slated to open a new frozen yogurt shop at the end of May, and Buffalo Wild Wings has begun remodeling a former Black Eye Pea restaurant space with an anticipated opening date of August. 

  • Dollar General to make California debut

    Goodlettsville, Tenn. — Dollar General Corp. announced that it plans to open its first stores in California in 2012 following successful expansions in such other western states as Arizona and Colorado in recent years.

    “Our California stores will mark a significant milestone for Dollar General, giving us a coast-to-coast presence for the first time,” said Rick Dreiling, chairman and CEO.

  • Four chains honored with ICSC Hot Retailer awards

    Las Vegas — The International Council of Shopping Centers has named Athleta, Smashburger, Aldi and Fossil as the 2011 Hot Retailer Award winners.

    The annual awards, based on a survey of ICSC’s worldwide members, were presented Tuesday at the association’s global retail real estate convention, REConn.

  • Fresh & Easy to open two stores in San Francisco this summer

    SAN FRANCISCO — Fresh & Easy has announced the opening dates for its first two stores in San Francisco.

    The retail chain said that the stores, which will open on June 22 and Aug. 24, will create more than 50 jobs. What's more, Fresh & Easy also invites area residents to nominate a local, nonprofit organization to receive a $1,000 donation for each new store opening. Based on the nominations from the neighborhood, store employees will select the winning charity.

  • Clarification: Target promotional efforts increased in April

    Last week’s issue of Target News Now contained some inaccurate information relating to the level of promotional activity during April at some of the nation’s leading retailers. The correct information along with a link to a revised chart provided by research company Market Track is below.

  • Former A&P executive joins Rite Aid

    CAMP HILL, Pa. — Rite Aid has appointed David Kelly as group VP construction, the retail pharmacy chain said Monday.

    Kelly, who has worked in real estate and development for more than 25 years, will start work May 31 and will have overall responsibility for all store planning and construction services, in addition to having a role in various segmentation initiatives, including Wellness, value and co-branded Save-A-Lot/Rite Aid stores. He will report directly to SVP, CFO and chief administrative officer Frank Vitrano.

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