Skip to main content

Convenience Stores

  • Three new tenants open at Commons at Town Center

    Boca Raton, Fla. -- Woolbright Development announced that the following three stores have recently signed leases at The Commons at Town Center in Boca Raton, Fla., and are now open for business.

    Plato’s Closet occupies 3,000 sq .ft., Prime Cigar & Wine Bar occupies 2,335 sq. ft., and Jamie’s Boutique, which sells high-end women's contemporary and denim apparel, occupies 1,235 sq. ft.

    The 117,921-sq.-ft. Commons at Town Center is anchored by Barbara Katz, TooJays and Moe's Southwest Grill.

  • MetroPCS to open at 25th Street Shopping Center

    Easton, Pa. -- New York City-based The Lightstone Group announced that wireless provider MetroPCS has signed a 1,080-sq.-ft. lease at the 25th Street Shopping Center, located in Easton, Pa.

    The 25th Street Shopping Center is a 131,000-sq.-ft. retail strip corridor that is home to CVS, Radio Shack, Petco, Retro Fitness, Jenny Craig, McDonald's, Pizza Hut and Sherwin-Williams.

  • Fresh & Easy to install solar systems on nine Arizona stores

    El Segundo, Calif. -- Fresh & Easy Neighborhood Market has announced a partnership with REC Solar, a leading solar electric system provider in the United States, to install roof-mount solar systems on nine stores in Arizona. The installation of the systems will begin in March 2011.

    The combined 410 kW of installed solar systems will produce an estimated 620,000 kilowatt-hours (kWh) annually, the equivalent of reducing 22 million lbs. of CO2 emissions -- or removing 28 million car-driven miles -- over the next 25 years.

  • 7-Eleven continues aggressive growth with purchase of 183 ExxonMobile sites

    Dallas -- 7-Eleven has agreed to acquire ExxonMobil's retail interests in 183 Florida sites. The transaction, expected to close early in 2011, is subject to standard closing conditions and regulatory approvals. Terms of the deal were not disclosed.

  • Report: Wal-Mart to stop overtime pay for Sunday hours

    New York City -- Wal-Mart Stores will stop paying an additional $1 an hour for working Sundays, taking a bite out of its single biggest expense, Bloomberg reported. The change will take effect at Walmart stores, Sam’s Club outlets and warehouses.

    The move, which takes effect next year, applies only to associates hired after Jan. 1, the report said. It wouldn’t affect the retailer’s current U.S. staff, which numbers approximately 1.4 million.

  • Casey’s profit falls on costs associated with fighting hostile bid and recapitalization

    Ankeny, Iowa -- Casey's General Stores reported on Wednesday that the costs of its recapitalization plan and its defense against hostile bids by competitor Canada’s Alimentation Couche-Tard take a bite out of its second-quarter net income.

    Casey's said it earned $21.7 million for the quarter that ended Oct. 31, compared with $33.6 million in the same quarter last year. The results include roughly $19.4 million in expenses related to its recapitalization plan and the dispute with Couche-Tard.

  • George Smith Partners completes construction financing on retail center development

    Los Angeles -- Commercial real estate investment banking firm George Smith Partners, has completed a $17.2 million, two-phase, construction loan transaction in Oxnard, Calif., for Upside Investments.

  • Report: Russsian grocers merge to deter Wal-Mart

    New York City -- Two of Russia's largest grocery store chains, Pyaterochka and Kopeika, said on Monday that they would merge their operations in a move that would better position them to compete with Wal-Mart Stores, which is expected to enter the Russian market, according to the New York Times.

  • Giant-Landover president to exit at end of year

    Landover, Md. -- Two-and-a-half years after joining the company, Robin Michel is leaving as president of the Giant-Landover division of Ahold USA to pursue other opportunities, the company confirmed Monday.

    Michel will depart at the end of the month, according to Ahold USA spokesperson Sara Neumann. She will be replaced on a temporary basis as operations chief by Don Sussman, executive VP supply chain at Ahold, while the company conducts a search for a successor.

X
This ad will auto-close in 10 seconds