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Convenience Stores

  • Discounters thriving north of the border

    MONTREAL – U.S. discount-store operators should keep an eye on their Northern neighbors, as Canadian dollar stores continue to thrive. Anticipating their growth potential, Virginia-based Dollar Tree acquired Canada’s Dollar Giant Store in November 2010, adding 86 more stores to its repertoire and marking its first expansion outside of the United States.

  • Fred's monthly sales rise; moves ahead with 2011 operating plan

    MEMPHIS — Fred's on Thursday reported a 3% increase in sales for the five weeks ended April 2, reaching $188.8 million.

    Comparable-store sales for the month rose 0.7%, versus an increase of 3.6% in the same period last year.

  • March sales stronger than expected

    New York City -- Shoppers surprised analysts in March by spending stronger than expected during the month, despite rising gas prices, cooler-than-normal temperatures and a late Easter. The Thomson Reuters Same-Store Sales Index rose 1.7% in March, beating estimates, which called for a decrease of 0.7%.

  • Easter shift impacts warehouse clubs slightly

    ISSAQUAH, Wash. and WESTBOROUGH, Mass. -- The shifting of Easter to April this year impacted the warehouse club sector last month, as both Costco and BJ’s reported March comps that were negatively impacted by the calendar change. Without the benefit of Easter sales, both companies still managed to turn out respectable comps.

  • Cabela’s expands in Canada

    Sidney, Neb. -- Cabela’s will open a store Saskatoon, Saskatchewan, Canada, in spring 2012. The 50,000-sq.-ft. store will be Cabela’s third store in Canada, joining locations in Winnipeg, Manitoba, a former S.I.R. Warehouse Sports Store acquired and converted in 2008, and Edmonton, Alberta, to open late this summer.

  • Opus Development names retail development exec

    Minneapolis -- Opus Development Corp. announced that John Gelderman has been hired as senior VP national retail development.

    In his new position, Gelderman will lead the current Opus retail team, oversee all existing retail development and will be responsible for seeking all new retail development opportunities across the country.

  • Convenience stores’ annual in-store sales up 4.4% in 2010

    Chicago -- Convenience store in-store sales grew 4.4% in 2010, reaching a record $190.4 billion, according to NACS. Total convenience store sales in 2010 were $575.6 billion.

    The industry's 2010 numbers were announced in Chicago at the annual NACS State of the Industry Summit. The number of U.S. c-stores grew 1.2% over the past year and stands at a record 146,341 stores, according to the NACS/Nielsen TDLinx 2011 Convenience Industry Store Count, released in January 2011.

  • Bring out your meds

    HOUSTON — Sharps Compliance's TakeAway envelope solution is making its way to Kroger and its family of stores.

    Kroger, which operates stores under several banners across 31 states, will offer the the medication disposal envelopes at its pharmacy counters. The goal: To offer a safe and environmentally-responsible means of disposing unused, expired or unwanted noncontrolled prescription and over-the-counter medications.

    Kroger joins such retailers as Rite Aid, which recently implemented Sharps Compliance's TakeAway program in its stores.

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