Convenience Stores

Washington, D.C.  -- The retail real estate sector posted positive net absorption, a stable vacancy, and a near-stabilization of rent for the first quarter of 2012, according to the latest research from CoStar Group.

Miami Beach, Fla. -- Walgreens and Car Charging Group, a nationwide provider of electric vehicle (EV) charging services, have expanded EV charging services to 13 Walgreens locations in Orlando and Tampa/St. Petersburg, Fla.

The two companies plan to broaden their EV charging services with more locations in major metropolitan cities in Florida, as well as in other cities including Phoenix; Akron, Canton and Columbus, Ohio; and Austin, Texas.

MIAMI BEACH, Fla. — Walgreens and Car Charging Group on Monday announced the expansion of EV charging services to 13 Walgreens locations in Orlando, Fla., and Tampa/St. Petersburg, Fla.

"Walgreens dedication to the EV movement is unmatched by any other major retailer," Car Charging Group CEO Michael Farkas said. "Walgreens commitment to providing EV charging services to its customers nationwide is a testament to its support of environmental sustainability and of electric vehicle use."

Minneapolis -- Supervalu on Monday announced three new executive appointments following the departure of Sue Klug, president of its Albertsons Southern California division.

Dan Sanders has been tapped to head Albertsons Southern California, Keith Wyche will lead Acme and Brian Audette has been named president at Cub Foods.

Replacing Klug will be Sanders, current president of Supervalu's Acme Markets division, based in Philadelphia. Sanders joined Acme in 2010 from United Supermarkets, Lubbock, Texas, where he served as CEO.

New York -- The Commerce Department said Monday that retail sales rose a better-than-expected 0.8% in March as job gains and warmer weather encouraged more consumers to shop. The increase was below February's 1% increase but above January's pace.

Excluding both automotive and gasoline sales, retail sales rose 0.7%. Excluding the increase in auto sales, retail sales still rose by 0.8% in March.

Advance estimates put the total level of U.S. retail sales at a seasonally adjusted $411.1 billion for March.
 

Impressive. That is the best way to describe what a ballroom full of financial analysts and thousands of others watching via Web cast saw unfold Thursday inside a Toronto hotel ballroom where Walmart held its annual international meeting for the financial community.

New York -- Retailers’ growth plans are running about 5% ahead of year-ago projections, according to ChainLinks Retail Advisors’ Spring 2012 Retailer and Restaurant Expansion Guide.

GOODLETTSVILLE, Tenn. — Dollar General has pledged its support of the White House’s Joining Forces initiative, which promotes private sector employment for members of the military community.