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Convenience Stores

  • Starbucks makes progress in cup recycling goal

    Seattle -- Starbucks Coffee Co. and International Paper, with Mississippi River Pulp, LLC, have completed a six-week pilot project that -- for the first time -- proved Starbucks used paper cups can be recycled into new paper cups. This advancement brings Starbucks one step closer to its goal of ensuring 100% of its cups are reusable or recyclable by 2015.

  • Big Builders Dominant retailers continue to grow; portfolio optimization is new mantra

  • Wine & Spirits opens at Ivyridge

    Philadelphia -- Centro Properties Group announced Tuesday that Wine & Spirits has opened a 6,800-sq.-ft. store at Ivyridge, in Philadelphia.

    Centro Properties Group, based in New York City, is the owner of Ivyridge.

  • Reducing slips, trips and falls in the retail environment

    By Dave Mesko, [email protected]
    It’s a shopper’s market. Today, consumers have an array of options when it comes to shopping and no longer have to remain loyal to one store. In order to grow and sustain loyal customers, it’s important that retailers provide a safe environment for shoppers.

  • Ramsey acquires part of Palm Springs Marketplace

    Palm Springs, Calif. -- La Jolla, Calif.-based Ramsey Real Estate Group announced that it has acquired a 10,550-sq.-ft. building that is a portion of Palm Springs Marketplace in Palm Springs, Calif.

    The acquisition was made by Ramsey Real Estate Group’s The Shops at Palm Springs Marketplace, LP. The firm paid $1.15 million for the property.

    Palm Springs Marketplace is a Stater Bros.-anchored community shopping center with a tenant mix of Arco, McDonald’s, Taco Bell, AutoZone, Dollar Tree, Dairy Queen and Kaiser Permanente.

  • Kroger swings to profit in Q3

    Cincinnati -- Kroger Co. rang up better sales and returned to third-quarter profitability but the company warned that shoppers remain cautious.

    The Cincinnati-based grocer reported Thursday that net income was $202.2 million, compared with a loss of $875 million a year earlier.

    Revenue was up 5.9% to $18.7 billion.

  • Starbucks’ growth plans include major international push

    New York City -- Starbucks Corp. is looking beyond its cafes for expansion in the future. Detailing its growth plans Wednesday at its investor conference, the chain announced it plans to triple the number of its cafes in China, offer more products in grocery stores and open new kinds of stores to build on its recent recovery.

  • Ingles Markets 4Q profit surges 63%

    Asheville, N.C. - Grocer Ingles Markets Inc. reported Tuesday that profit for the fourth quarter rose 63% to $8.5 million, compared with $5.2 million a year ago.

    Revenue increased 3% to $856 million. Excluding gas, revenue rose 2%. Same-store sales rose 1.8%.

    Ingles operates 203 supermarkets in the Southeast.

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