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Convenience Stores

  • Survey: Food shoppers look for value amid rising prices, shrinking package sizes

    NEW YORK — Rising food prices and shrinking package sizes is a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

  • Shoppers are impacted by rising grocery prices and shrinking package sizes

    New York City -- A survey released Tuesday by Deloitte found that 87.7% of shoppers believe prices in food stores are escalating and 74% say the size of some packaged goods is smaller.

    According to Deloitte’s new “2011 Consumer Food and Product Insight Survey,” thanks to higher food prices and rising gas prices, 72.7% of consumers are making fewer trips to the grocery store to save money and 40.8% are purchasing fewer items overall.

  • Two new leases signed at Ashburn Farm Market Center

    Ashburn, Va. — Jacksonville, Fla.-based Regency Centers said Mathnasium and Zinga Frozen Yogurt have leased space at Ashburn Farm Market Center, located in Ashburn, Va.

    Mathnasium has leased 1,529 sq. ft. and Zinga has leased 2,264 sq. ft. Both businesses are slated to open in September, bringing the center to 100% leased.

    The 91,900-sq.-ft. shopping center is anchored by a 49,000-sq.-ft. Giant, alongside national retailers, such as Starbucks, Subway, Domino’s Pizza and Supercuts.

  • GNC to open at at Twin Oaks Shopping Center

    Aguora Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space in Aguora Hills, Calif. to GNC, which will open a new store at Twin Oaks Shopping Center.

    GNC has leased 1,050 sq. ft., bringing the center to 97% leased.  The tenant is slated to open for business in fall 2011.  

    Aguora Hills, a 98,399-sq.-ft. shopping center, is anchored by Ralphs, alongside RadioShack, Rite Aid, Wells Fargo Bank and Starbucks. 

  • Walmart to build new supercenter in Maryland

    Denton, Md. -- Walmart will break ground on a new supercenter in Denton, Maryland, the week of September 19. The 152,888-sq.-ft.  store will also feature a Subway.

    Walmart currently operates 35 stores and 12 Sam's Clubs in the state of Maryland.

  • New stores coming this week

    Nine of the 21 new store openings Target has planned for this year are scheduled to open on July 24. Among the openings is a new unit in Hilo, Hawaii, the company’s fourth store in Hawaii, two units in San Luis Obispo and Oxnard, Calif. and two units in the Pennsylvania cities of Hanover and Pittsburgh. The Phoenix suburb of Chandler gets a new Target as do Moore, Okla., Kenner, La. And Swansea, Mass.

    The openings planned for October are said to included units in San Clemente and Dublin, Ca., Gastonia and Morrisville, N.C., Blue Ash, Ohio and Warwick Township, Pa.

  • Westwood Financial acquires McCrimmon Corners

    Los Angeles — Westwood Financial Corp. said Monday it has purchased McCrimmon Corners shopping center, located in Morrisville, N.C.

    The 86,267-sq.-ft. grocery-anchored center, sold to Westwood by Crosland, currently is 99% leased. Anchor tenant Harris Teeter is joined by Tossed Salads, Taekwondo Academy, Nikos Taverna, Saffron Indian Food Restaurant, Two Guys Grille, Subway, AT&T, Great Clips, State Farm and Red Dragon.

  • Safeway raises more than $10.1 million for prostate cancer research

    PLEASANTON, Calif. — Safeway on Monday announced that its monthlong prostate cancer campaign raised nearly $10.1 million as part of the company’s ongoing effort to fund research geared toward finding a cure for the leading cancer affecting men.

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