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Convenience Stores

  • Survey: Majority of consumer interested in redeeming loyalty points

    Richmond, Va. -- Survey results released Tuesday by Affinion Loyalty Group found that 89% of consumers are interested in redeeming points at point-of-sale.

    The survey also found that the respondents identified cash and retail store gift cards as their two favorite redemption items.

  • RILA announces appointments in retail operations

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) announced that Garth Gasse has joined the association as director of retail operations, asset protection and Lisa LaBruno has been promoted to SVP retail operations.

  • Report: sale of Supervalu imminent

    NEW YORK — The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

    Bloomberg also reported that a deal between Cerberus and Supervalu was imminent. According to that Bloomberg report, Cerberus would lead an investment of around $500 million in equity.

  • Record expansion for Kum & Go

    West Des Moines, Iowa -- Convenience-store operator Kum & Go. opened 43 stores in nine states — more than double its previous record of 21 new stores in 2009 — in 2012, for a total of 430 stores in 11 states. The company plans to continue its growth strategy in the coming years.

    “We’re not letting up,” president and CEO Kyle J. Krause said. “Our growth plan for the next five years is just as aggressive.”

  • Eisenhower Square sees tenant additions

    Savannah, Ga. -- Brixmor Property Group announced the recent openings of a 34,103-sq.-ft. Save-A-Lot and a 1,000-sq.-ft. Maison De Macarons at Eisenhower Square, located in Savannah, Ga.

    Also, a lease has been executed for an 8,640-sq.-ft. Generation One, a hospital-based, senior-related healthy aging program.

    Brixmor, based in New York City, is the owner of Eisenhower Square.

     

  • Equality advances evident at retail and CPG

    Nineteen of the nation’s leading retail and CPG companies received perfect scores on the 2013 Corporate Equality Index compiled by the Human Rights Campaign.

    The Human Rights Campaign released its 2013 Corporate Equality Index, which gives companies ratings of up to 100% based on their policies regarding LGBT employees and also released a buyer's guide for LGBT consumers. According to the equality advocacy group, a total of 1,848 companies were invited to submit applications, of those 530 actually did so and of those 252 received scores of 100%.

  • Walgreens December sales fall 4%

    Deerfield, Ill. -- Walgreens reported Friday that sales for the month of December dipped 4% to $6.71 billion, from $6.99 billion in the year-ago period.
     
    Total front-end sales fell 1.3% and same-store front-end sales decreased 2.3%.
     
    Total same-store sales fell 6.1% in December.

     

  • Will Safeway come calling on Walmart

    Top food executives at Walmart are presumably in the crosshairs of Safeway recruiters now that longtime chairman and CEO Steve Burd has announced his retirement.

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