Convenience Stores

New York – Emerging consumer buying trends will have significant implications for retailers this holiday season, according to a new survey from Booz & Co.

NEW YORK — While holiday retail sales will remain flat or only slightly up from last year, emerging consumer buying trends will have significant implications for retailers, according to a new survey from Booz & Co.

Westport, Conn. -- Charter Realty & Development said that it has arranged a 4,800-sq.-ft. lease for Panera Bread located in the Westport Plaza in Westport, Conn.  

The shopping center is anchored by Home Goods, Walgreens and Pet Supplies Plus. The deal was co-broked by RHYS commercial of Stamford.

In order to make room for Panera, Stride Rite and a nail salon will be relocated.
 

Jacksonville, Fla.-based Regency Centers has acquired Balboa Mesa Shopping Center, a 189,321-sq.-ft. infill shopping center anchored by a 42,247-sq.-ft. Vons grocery store.

Regency purchased the San Diego property for $59.5 million from Balboa Realty LLC.
 
Built in 1969, Balboa Mesa Shopping Center is also anchored by a 77,000-sq.-ft. Kohl’s and a 24,000-sq.-ft. CVS/pharmacy.

Deerfield, Ill. -- Walgreens on Monday announced that it has completed its purchase of 144 stores operating under the USA Drug, Super D Drug, May’s Drug, Med-X and Drug Warehouse banners located in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee.

The acquisition also includes corporate offices, a distribution center located in Pine Bluff, Ark., and a wholesale and private brand business, for a total of approximately $438 million subject to adjustment in certain circumstances.

Commerce, Calif. -- 99 Cents Only Stores said Tuesday it has leased 40 new compressed natural gas powered tractors from Ryder, which will replace diesel burning units with cleaner CNG rigs.

The move is expected to reduce the carbon footprint of the fleet and its CO2 emissions by up to 25%, said Eric Schiffer, CEO.  

The new CNG trucks will operate exclusively in the Southern California market, making store deliveries and picking up goods from vendors.

CITY OF COMMERCE, Calif. — 99 Cents Only has leased 40 new compressed natural gas-powered tractors from Ryder.

The new CNG trucks will operate exclusively in the Southern California market, making store deliveries and picking up goods from vendors. As part of its full-service lease, Ryder will provide both the CNG tractors, as well as maintenance for the vehicles. The chain said the tractors will replace its oldest diesel burning units with cleaner CNG rigs, making it one of the largest private Class-8 CNG fleets in Southern California.

Charlotte, N.C. -- Harris Teeter is currently renovating two locations into a new concept called 201central, which will feature an extensive variety of wine, beer, specialty foods and other general merchandise items. The new format will also feature an array of specialty services, including in-store wine consultants, event coordination and catering as well as party rentals and educational classes focused on wine, beer and food pairings.