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Inland buys nine Dollar General stores
Oak Brook, Ill. -- Inland Real Estate Acquisitions said Thursday it has purchased nine Dollar General stores in Alabama and Georgia for $8.5 million.
According to a report by the Atlanta Business Chronicle, the stores were built in 2010 and all leased to Dollar General Corp. through 2025 with multiple renewal options.
The stores range in size from approximately 9,000 sq. ft. to 10,600 sq. ft. -
Obama support could propel Walmart growth forward
Washington, D.C. -- An endorsement by First Lady Michelle Obama of its new food nutrition and health initiative has helped to propel Wal-Mart Stores forward in its plans to remove political obstacles to further U.S. growth.
The new healthy food drive, in which Walmart is reformulating its Great Value private-label foods to reduce sodium and sugar contents, was announced on Thursday at a community center in a low-income area of Washington, D.C. It was attended by the First Lady, who also leads an administration initiative to fight childhood obesity.