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Convenience Stores

  • Survey: Two out of three U.S. consumers surveyed want self-service options when shopping

    Duluth, Ga. -- A majority of U.S. consumers believe that self-service technologies such as self-checkout and kiosks improve the store experience, with almost half of younger shoppers preferring to use self-checkout in stores, according to a new survey by The NPD Group for NCR Corp.

  • Walgreens’ September sales up 5.4%

    Deerfield, Ill. -- Walgreen Co. said Wednesday that its sales increased 5.4% in September, to $5.95 billion from $5.65 billion in the year-ago period.

    Pharmacy revenue rose 4.6%, while front end sales were up 5.1%.

    Same-store sales rose 3.1%. Wall Street analysts were expecting growth of 4.6%.
     

  • Edens & Avant acquires Union Planters Plaza

    Fort Lauderdale, Fla. -- Columbia, S.C.-based Edens & Avant said it has purchased Union Planters Plaza, a 155,000-sq.-ft., Whole Foods-anchored retail center in Fort Lauderdale, Fla. 

    Located in one of Broward County’s most active regional corridors, Union Planters Plaza was originally built in 1989 and expanded in 2000 and sits on a total of 14.6 acres. Union Planters Plaza is the 25th retail center owned by Edens & Avant in the Florida market, including 12 centers in South Florida. 

  • Five Guys Burgers and Fries to open at Vista Village

    Vista, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Vista, Calif., at Vista Village to Five Guys Burgers and Fries. 

    The restaurant leased 2,611 sq. ft. of retail space at the 232,543-sq. ft. Vista Village, which is anchored by Krikorian Premiere Theatre and Frazier Farms.

  • Regency Centers acquires Tech Ridge Center

    Austin, Texas -- Jacksonville, Fla.-based Regency Centers said it closed on the acquisition of Tech Ridge Center, an 187,529-sq.-ft. neighborhood shopping located in Austin, Texas, on Sept. 26.  

    Built in 2001, Tech Ridge Center is anchored by an 84,352-sq.-ft. H-E-B alongside national retailers including Office Depot, Petco, Subway and Massage Envy.  The center is 93% occupied.

  • Shoe Lab opens at Janss Marketplace

    Thousand Oaks, Calif. -- Shoe repair store Shoe Lab has opened at Janss Marketplace, in Thousand Oaks, Calif., joining tenants such as Burlington Coat Factory, Marshalls, Buca di Beppo, Qdoba Mexican Grill, Panera Bread, Gold’s Gym, Old Navy, Mann Theaters, and TGI Friday’s. 

    Janss Marketplace is managed by NewMark Merrill Cos., LLC.

  • Supervalu commits $1M to youth sports sponsorship

    EDEN PRAIRIE, Minn. — Supervalu announced that it has committed $1 million to sponsor 1,542 youth sports teams in markets where its Acme, Albertsons, Cub Foods, Farm Fresh, Jewel-Osco and Shaws/Star Market stores operate. 

  • Subway opens 400 new locations in August/September, expands green offerings

    Milford, Conn. — Subway said Monday that it opened more than 400 sandwich shops during August and September in 44 countries, 36 U.S. states and seven Canadian provinces.

    The new restaurants account for more than 480,000 sq. ft. of retail space and bring the total number of Subways to just over 35,300 locations in 98 countries.

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