Discount Store

New York -- Discount supermarket company WinCo Foods LLC will open its 100th store on May 7, in Lewisville, Texas. The 83,000-sq.-ft. location is the fifth WinCo store to open in the Lone Star State.

The new store features WinCo's signature "Wall of Values" at the entry, which displays a wide variety of high-volume, value-priced products.

WinCo currently operates some 100 stores in the states of Washington, Idaho, Nevada, California, Oregon, Arizona, Utah and Texas.
 

WinCo Foods LLC is marking its 100th store opening with a huge celebration in Texas on May 7.

The newest WinCo Foods store is located at 1288 W. Main St. in Lewisville and is the fifth WinCo Foods store to open in Texas. Occupying approximately 83,000 square feet the store will initially employ approximately 150 individuals, about 140 of whom have been hired locally.

Tuesday Morning Corp. completed its turnaround initiative in the third quarter, closing 21 stores and narrowing its loss to $2.8 million.

The company also said that Melissa Phillips has been promoted to president and chief operating officer from executive vice president and general merchandise manager.

Major shopping center openings in 2014 beg the question, “Are we back on track?”

Last year may be the first 365-day period since the Great Recession that there is enough new shopping center space to crow about.

Chain Store Age’s annual development survey — spanning 26 years — reported pretty spotty new-build efforts from 2009 to 2013, but in 2014 some significant projects opened.

Every business magazine sports an “X Under 40” list celebrating precocious professionals. But, really, isn’t it almost always youthful drive and optimism that feeds the engine of progress?

The stories of Chain Store Age’s 2017 list of over-achievers under 40 abound with examples of young people from different disciplines who all discovered retail real estate as the perfect channel for their passions.

Apple will open its highly anticipated new campus in April. Dubbed Apple Park, the site is located on a 175-acre site in Cupertino, Calif.

The heart of the campus is a futuristic, ring-shaped, 2.8 million-sq.-ft. headquarters building that’s clad entirely in panels of curved glass. Designed in collaboration with Foster + Partners, Apple Park is powered by 100% renewable energy. With 17 megawatts of rooftop solar, the campus will run one of the largest on-site solar energy installations in the world.

Phoenix – Local communities in Arizona reportedly can no longer ban plastic bags. According to the Associated Press, the Arizona state legislature has voted to make it illegal for cities and town to forbid the use of plastic bags, as well as Styrofoam containers or other disposable products, within their limits.

The state law also restricts local communities from requiring businesses to report energy usage.

Despite claims that e-commerce will overtake traditional retail space, physical store locations are still attractive to retailers. In fact, they plan to open over 76,000 stores in the next 24 months, according to RBC Capital Markets data. And while several major retail closings have been announced this year, other retailers are stepping up expansion plans for new stores and concepts.

Growing retailers are all about the niche lifestyle — fast fashion, food, fitness and pharmacy — and focus on what consumers care about most, including value, quality, health and the environment.