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Convenience Stores

  • Walmart in line to open 500 Neighborhood Market stores by fiscal 2016

    New York -- Walmart will open as many as 115 small-format stores this year, according to Bill Simon, president and CEO of Walmart U.S.  

    Simon discussed the chain’s store portfolio during a presentation at Raymond James Institutional Investors conference. He noted that Walmart’s smaller-format stores (below 60,000 sq. ft.) are making inroads against dollar stores, supermarkets and drug stores and will play a key role in the company's future.  

  • Ahold chairman to step down

    AMSTERDAM — Rene Dahan will step down as Royal Ahold's board chairman in October, the Dutch supermarket operator said Wednesday.

    Netherlands-based Ahold — which operates the Stop & Shop, Giant-Landover and Giant-Carlisle chains and the Peapod online grocery service in the United States through its Ahold USA subsidiary — said that Dahan would step down after serving on the company's board since 2004. The company plans to propose at its shareholder meeting the appointment of Jan Hommen as Dahan's successor.

  • NRF backs legislation to repeal health care employer mandate

    Washington -- The National Retail Federation this week welcomed introduction of House and Senate legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year.

  • NRF backs repeal of employer-mandated health care

    WASHINGTON — The National Retail Federation said it supports legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year.

  • Report: Publix not interested in acquiring Harris Teeter

    New York -- Despite rumors to the contrary, Publix is not interested in acquiring Harris Teeter, according to The Ledger.

    Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

    Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

  • Top 10 Most Innovative Companies in Retail

    Some are familiar; others not so. Fast Company’s annual list of “The World’s Top 10 Most Innovative Companies in Retail” covers a lot of ground in its diversity. Here’s a recap:

    1. Nike: Cited for its revolutionary new products and culture of “true believers.”

  • 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.

  • 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.

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