Skip to main content

Convenience Stores

  • Regency Centers names leasing agent in Baltimore and New England markets

    Vienna, Va. -- Jacksonville, Fla.-based Regency Centers said it has named Jack deVilliers as leasing agent in Baltimore, Maryland and the New England area. 

    deVilliers will be responsible for leasing 13 operating properties, totaling 1.8 million sq. ft., in Maryland, Washington, D.C., Connecticut and Massachusetts.

    Previously, deVilliers served as a retail leasing associate for commercial real estate broker KLNB Retail, handling tenant and landlord representation of new retail development projects.

  • Save-A-Lot to open five Chicagoland stores

    St. Louis -- Discount grocer Save-A-Lot said Monday it will open five new stores in Chicago’s South Side neighborhoods, nearly doubling its store counts in the area.

    The subsidiary of Supervalu said the new stores will open on Feb. 24. The additions will give Save-A-Lot 13 Chicagoland stores. The grocer said it expects to open five more locations in the greater Chicago area by February 2012.

  • Wal-Mart de Mexico Q4 profit increases 14%

    Mexico City -- Wal-Mart de Mexico SA reported Tuesday that profit for the fourth quarter increased 14%, citing newly acquired stores in Central America for the improved performance.

    The Mexican unit of Wal-Mart Stores said that net income rose to $539 million in the fourth quarter, up from $474 million in the year-ago period.

    Revenue rose 25% to $8.3 billion. 

    Walmex recently acquired stores in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica.

  • Aldi takes a bite out of the Big Apple

    NEW YORK — Discount grocer Aldi has opened its first-ever New York City-area store in the borough of Queens.

    The store, which is located in Rego Park, marks the first of three grocery stores the company plans to open in New York, including new locations in the Bronx and Bay Shore, Long Island.

    Aldi, which offers a limited assortment of items, said it will bring its standard floor plan to Queens, which includes wider-than-typical 8-ft. aisles.

  • A small format move in Chicago by Walmart rival

    Okay, stop snickering. Target this week revealed that the name of its new small format stores would be CityTarget. The company offered that nugget in connection with news that it would open a small-format store in downtown Chicago at the Sullivan Center development located in the heart of downtown at South State Street and Madison.

  • Aldi to debut in New York City

    Queens, N.Y. -- Discount grocer Aldi said Thursday it will open its first-ever New York City store on Feb. 18. The new store is located in the borough of Queens.

    Aldi, which offers a limited assortment of items, said it will bring its standard floorplan to Queens, which includes wider-than-typical 8-ft. aisles.

    The Queens store is the first of three grocery stores the company plans to open in the area, including new locations in the Bronx and Bay Shore areas.

  • Report: Tesco growth to outpace competitors

    London -- A survey released Thursday said sales growth at Britain's Tesco PLC, the world's third biggest retailer, will outpace its major international rivals -- including Wal-Mart Stores -- in coming years as it expands in Asia, the Associated Press reported.

    The report by London-based food and grocery analyst IGD says that Tesco will grow its business at a compound annual rate of 7.5% between 2010 and 2015, taking sales to euro106 billion ($143 billion).

  • Kroger executive VP Donald Becker dies at 62

    Cincinnati -- Kroger Co. announced late Wednesday that executive VP Donald E. Becker died Wednesday after suffering an aneurysm. He was 62 years old.

    Becker started with Kroger as a clerk in 1969 in the Cincinnati-Dayton area and worked his way up to hold several leadership positions. In 2004, he became executive VP, a role in which he led the company's merchandising and purchasing among other duties, the company said in a statement.

  • CityTarget is name for retailer’s small format

    Minneapolis -- Another Target store is coming to downtown Chicago as the retailer disclosed it would open a small-format store under the new CityTarget banner in the Sullivan Center development at South State Street and Madison.

  • Fresh & Easy adds four more GreenChill-certified stores

    El Segundo, Calif. -- Fresh & Easy Neighborhood Market has added four more GreenChill certified stores this year, including a Gold certified store opening Wednesday in Oceanside, Calif.

    Fresh & Easy opened its first GreenChill certified store in September 2010, and now has a total of eight stores currently certified through the program -- the most of any grocer in the country. Only 45 of the nation’s more than 35,000 grocery stores have received GreenChill Store Certification awards.

X
This ad will auto-close in 10 seconds