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Convenience Stores

  • Target taps Brightstar and MarketSource for mobile

    New York -- Target is relying on two new services providers to operate its mobile business following an end to its short-lived relationship with RadioShack.

  • Day 2 of BIG Show kicks off with goodwill headliners

    New York -- Monday launched with heavily attended keynote addresses at the National Retail Federation’s 102nd BIG Show at the Jacob Javits Center in New York City.
        
    Former United Nations secretary-general Kofi Annan shared his views about the state of world politics, joined by moderator and Macy’s CEO Terry Lundgren, who also is the outgoing chairman of the NRF.
        

  • PayPal extends reach to 23 retailers nationwide

    New York -- PayPay announced Monday that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations. PayPay also announced that Jamba Juice is testing an order-ahead feature that allows customers to place an order, select a time for pick-up, and pay in advance via the PayPal App – so when they arrive, they can save time and skip the line, grab their food and be on their way.

  • Walmart makes Latin American leadership change

    The head of Walmart’s Chilean operation will assume responsibility for all of Latin America following the retirement of current president and CEO Eduardo Solorzano.

  • Supervalu in deal with private-investor group led by Cerberus

    Minneapolis -- Supervalu Inc. announced Thursday that it has reached a deal to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on in-store pharmacies to a private equity group in a transaction valued at $3.3 billion.

    AB Acquisition, a consortium of investors led by Cerberus Capital Management, will get 877 stores across the various banners in the deal. The investor group also includes Kimco Realty Corp., Klaff Realty LP, Lubert-Adler Partners and Schottenstein Real Estate Group.

  • Agree Realty acquires Applebee’s restaurant portfolio

    Farmington Hills, Mich. -- Agree Realty Corp. said Thursday it acquired a portfolio of four Applebee's restaurants, as well as an Advance Auto Parts in late December 2012 for about $10 million.

    These latest acquisitions bring Agree’s 2012 total purchase activity to approximately $81.5 million.

    The recently acquired Applebee's assets are located in Harlingen, Texas, and Wichita Falls, Texas, as well as two properties in Pensacola, Fla. The Advance Auto Parts is located on an outlot to a Walmart Supercenter in Lebanon, Va.

  • Report: 2012 sees improved leasing for retail real estate

    North Plainfield, N.J. -- A Thursday report by Levin Management Corp. found that leasing activity in New Jersey, New York and Pennsylvania improved in 2012.

  • CarCharging and Walgreens expand EVC services to Midwest

    Miami Beach, Fla. -- Car Charging Group announced Thursday the expansion of its relationship with Walgreens by adding EV charging services to 11 Walgreens locations throughout Ohio in Akron, Canal Winchester, Columbus, Dayton, Franklin, North Canton, and Reynoldsburg.

    In 2012, CarCharging launched the rollout of Walgreens EV charging services at eight locations in Kissimmee and Orlando, Fla.

     

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