Discount Store

New York -- The parent company of Bi-Lo and Winn-Dixie supermarkets, Southeaster Grocers, has filed for an initial public offering.  

The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

City of Commerce, Calif. – 99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

99 Cents Only is opening its first store in Laveen, Ariz. at 3610 West Baseline Road. The store is approximately 11,685 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

Arlington, Texas — With more than 135 stores across the country, Pet Supermarket has leased 6,000 sq. ft. of retail space in Fielder Plaza, a community retail center in Arlington, Texas.

The Weitzman Group, the exclusive retail-leasing agent for the center, handled negotiations for the transaction. Pet Supermarket will join Tom Thumb grocery, CVS/pharmacy, Starbucks, Allstate, T-Mobile and others. Cencor Realty Services manages Fielder Plaza.

Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.

Denton, Texas — Denim specialty retailer Buckle plans to open a store at Golden Triangle Mall on Oct.17. Golden Triangle, Denton’s only mall, features Macy’s, Dillard’s, J.C. Penney, Sears, Barnes & Noble and DSW Show Warehouse as anchors.

Cencor Realty Services manages the mall, and The Weitzman Group www.weitzmangroup.com is the exclusive leasing agent for the property.

A recovering housing market spells good news for the home and housewares, as seen in Bed Bath & Beyond’s second quarter results for the period ended Aug. 31.

The company reported net earnings of $1.16 per diluted share, or $249.3 million, for the quarter, an increase of 18.4% versus net earnings of $0.98 per diluted share, or $224.3 million, in the same quarter a year ago.  

Columbus, Ohio – Big Lots, Inc. has joined the National Association of Corporate Directors (NACD) as full board members.

"We are honored to join the distinguished and diverse group of directors who comprise NACD's full board members," said Philip E. Mallott, chairman of the board at Big Lots. "The resources, insights, and connections NACD offers will be valuable assets to our company as we continue to strengthen our corporate governance practices."

Bentonville, Ark. – A regional class-action gender bias suit filed against Wal-Mart Stores in the U.S. District Court for the Southern District of Florida has reportedly been dismissed. According to Bloomberg, U.S, District Court Judge Robert N. Scola ruled that plaintiffs in the case had missed time limitations to file claims and that their claims were previously rejected in another gender bias case.