Skip to main content

Convenience Stores

  • Walmart, CVS and the nature of competition

    The word competition gets tossed around a lot in the retail industry as operators talk about market positioning -- who they do and don’t compete with. Oftentimes, companies will refer to direct competitors, but one thing about Walmart is that it has always tended to take the broad view of competition in that any company, no matter how small, who sold anything offered at Walmart was viewed as a competitor.

  • Rite Aid’s new loyalty program a major bright spot in tough Q3

    CAMP HILL, Pa. — What Rite Aid might wish for Christmas is accelerated results borne from its Wellness+ loyalty card program, because even as the chain lowered its guidance for fiscal 2011 sales, it’s that differentiated loyalty program that’s going to buttress sales next year and beyond.

  • U.S. retail sales rise in November

    Washington, D.C. -- Tuesday’s report by the U.S. Department of Commerce showed a fifth straight month of sales gains in November for U.S. retailers. Monthly retail sales figures for November were up 0.8% over October and 7.7% over November 2009.

    Retail sales excluding auto sales were up 1.2% over the previous month and 6.7% over November 2009.

    Department stores were the big November winners, recording the biggest sales rise in two years of 2.8%.

  • Regency signs 23,500 sq. ft. at Atlanta shopping centers

    Atlanta -- Jacksonville, Fla.-based Regency Centers said Tuesday it has leased more than 23,500 sq. ft. of retail and restaurant space for seven new merchant locations in the Atlanta metro market.

    According to Andre Koleszar, Regency Centers’ VP and regional officer, Atlanta-area retail business is getting stronger. “We’ve seen leasing activity recovering and retailers are attracted to shopping centers in prime locations with a merchandising mix that attracts upscale customers, ” he said.

  • Walgreen, McDonald's e-mail databases breached

    San Francisco -- A report Monday by Associated Press said that Walgreen Co., McDonald's and Twitter each reported unrelated security breaches, involving customer e-mail addresses and other private information.

    Walgreen said hackers who gained access to a list of customer e-mail addresses may have sent spam directing customers to enter personal data into outside websites.

  • Shoppers Food & Pharmacy completes renovation at Southside Marketplace

    Baltimore -- Jacksonville, Fla.-based Regency Centers on Tuesday announced the completion of an interior and exterior store remodel of Shoppers Food & Pharmacy at Southside Marketplace, located in Baltimore. 

    The newly renovated anchor includes an upgraded shopping experience with updated finishes, lighting and store fixtures inside and out.

  • iPad, pretzel M&Ms among most memorable product launches

    BOSTON - A recent survey regarding memorable product launches in 2010 found that -- not surprisingly -- the Apple iPad secured the number-one spot. At number two was Windows 7, followed by Pretzel M&Ms at number three, Motorola Droid at number four and McDonald's Smoothies rounding out the top five.

  • Pantry reports profit drop in Q4, swings to loss for full-year

    Cary, N.C. -- C-store chain The Pantry reported Tuesday that net income for the quarter ended Sept. 30 dropped to $8.5 million, compared with $12.5 million in the year-ago period.

    Merchandise revenue for the fourth quarter increased 12% overall and 5.7% on a same-store basis from last year’s fourth quarter.

X
This ad will auto-close in 10 seconds