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Convenience Stores

  • D’Lites Emporium to open at Mayfair Shopping Center

    Commack, N.Y. -- North Plainfield, N.J.-based Levin Management Corp. said that frozen dessert company D’Lites Emporium will open a new location at Mayfair Shopping Center, located in Commack, N.Y.

    The 1,280-sq.-ft. store will join other food offerings in the center such as Outback Steakhouse, Ciao Baby, Good Taste Buffet, Bagel Boss, Kosher Market & Deli, and Original Brooklyn Pizza.

  • Former Supervalu exec joins supply chain board

    Rockville, Md. — Mike Jackson was named to the board of directors of iControl Systems USA where he will also serve in the capacity of senior advisor to iControl president and CEO Tal Zlotnitsky. Jackson is a 30-year veteran of Supervalu veteran who retired from the company in late 2009 as president and COO.

  • Terranova awarded new leasing assignments

    Miami Beach, Fla. -- Terranova Corp. announced it has been awarded new leasing assignments for two south Florida strip centers.
           
    Piper’s Glen Shopping Center in Boynton Beach and Shoppes of Ives Dairy in Miami Gardens have been added to the Terranova leasing portfolio, effective immediately.

  • Easter boosts sales in April, but caution is noted

    New York City -- Retailers reported strong April sales that were boosted by the late Easter holiday, which fell on April 24, three weeks later than last year. Same-store sales rose 8.9% at the 25 retailers tracked by Thomson Reuters, compared with expectations for an 8.2% increase. But the good news was tempered as retailers acknowledged that shoppers are under increasing pressure from rising gas prices and other cost increases.

  • Determining low price leader not so simple

    The most recent pricing survey from the equity research team at Credit Suisse shows that Walmart is either 3.1% cheaper than Target or 1.9% more expensive. The firm compared prices at stores in the Dallas and Chicago markets, as it does every month, and during March discovered the gap between the two competitors narrowed considerably.

    “Target’s price gap with Walmart tightened from 4.2% in February to 3.1%,” according to the firm. “Target’s basket price decreased sequentially by 0.8% compared with Walmart’s 0.3% increase.”

  • Consumer 360: This could be interesting

    Walmart.com EVP Steve Nave and online grocer Peapod’s COO Mike Brennan are slated to share the stage at Nielsen’s upcoming Consumer 360 conference in Orlando June 20 to 22 during a session moderated by Adam Lashinsky, Fortune’s editor-at-large.

  • Warehouse clubs winners in April

    NEW YORK — Customers shopped at Costco and BJ’s more often in April as they looked to save money on food and gas, according to results the company’s reported Thursday. Both companies generated same-store sales growth that exceeded analysts’ estimates due in part to an ability to pass through food price inflation to customers.

  • Sam’s Club comps looking good for Q1

    Given the performance of Costco and BJ’s during April, it’s a safe bet that same-store sales at Sam’s Club continued to accelerate during the first quarter and will meet or exceed guidance provided at the end of the fourth quarter that called for an increase in the 1% to 3% range.

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