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Large Chains

  • Dollar General maintains opening price point leadership in Kantar study

    Boston -- Dollar General maintains its overall opening price point leadership position in Kantar Retail’s fourth annual opening price point (OPP) study. For the third consecutive year, Dollar General‘s overall basket was the least expensive, edging out Walmart supercenter’s basket by 2.5%, representing a widening of the gap between the two in the 2013 study.   
  • Giant Eagle expands Northeast Ohio presence

    Giant Eagle celebrated the grand opening of its newest Market District in Strongsville, Ohio. The Strongsville Market District will be the first Market District location serving the west side of Cleveland.

    The 107,000-sq.-ft. Market District is open 24 hours a day, and will offer restaurant-quality dishes, as well as unique meat, produce, cheese and grocery selections from around the globe.
     

  • President Obama nominates Giant Eagle exec to USPS board of governors

    President Barack Obama announced his intent to nominate Giant Eagle executive chairman David Shapira to the role of governor for the board of governors of the United States Postal Service.
     

  • Slate Retail REIT to buy two grocery-anchored centers in Midwest

    Toronto -- Slate Retail REIT announced that it has entered into a binding agreement to purchase two grocery-anchored shopping centers.

    Oakland Commons, a 73,705-sq.-ft. property in Bloomington, Illinois, will be acquired for $8.2 million ($111 per square foot). The 100% occupied property is anchored by Jewel-Osco, a subsidiary of Albertsons LLC.

  • Corborn’s deploys Agilence solution to reduce shrink, improve in-store ops

    Mount Laurel, N.J. -- Agilence announced that Coborn's will deploy the Retail 20/20 exception reporting solution to reduce shrink and improve in-store operations.

  • Store costs, taxes hit Village Super Market Q4 net income

    Springfield, N.J. – Store closing and pre-opening costs, as well as an unfavorable state tax ruling, reduced net income at Village Super Market Inc. 5% to $5.87 million in the fourth quarter of fiscal 2014, from $6.2 million in the same quarter the prior year. Two new store openings helped boost net sales 5.5% to $383.8 million, from $376.3 million.

    Same-store sales rose 9%. For fiscal 2015, Village Super Market expects same-store sales to range from flat to slightly positive.

  • Lucescu Realty sells Ventura Village Shopping Center in Ventura, California

    Newport Beach, Calif. -- Mark Lucescu, president of Lucescu Realty, announced the sale of Ventura Village Shopping Center in Ventura, California, for $23.25 million. 

    Lucescu exclusively represented the interests of the seller, Regency Centers, a publicly traded real estate investment trust, headquartered in Jacksonville, Florida. In addition to representing Regency Centers in the sale, Lucescu also procured the buyer, a private company.
     

  • Online grocery sales to total $27 billion in 2014

    New York -- By 2023, online grocery sales are projected to range between $80 billion and $123 billion according to statistics released by Steve Bishop of Brick Meets Click (BMC) in a presentation at The Food Institute webinar "Get In On The Growth of Online Shopping." If realized, at the middle of those two projections online grocery sales would exceed today's sales of the nation's largest supermarket chain, Kroger.

  • Stater Bros. honed with EPA’s GreenChill Partnership Award

    San Bernardino, Calif. -- Stater Bros. Markets received the “Best Emissions Rate” Award from the U.S. Environmental Protection Agency’s (EPA) GreenChill Partnership for having the lowest corporate-wide refrigerant emissions rate of all the GreenChill partners in 2013. There are approximately 8,000 GreenChill partner stores throughout the nation.
     

  • Dole, Caito Foods and Martin’s Supermarkets donate salad bars to five Indiana schools

    Dole reaffirmed its commitment to increase healthier food options for students by teaming up with grocery retailer Martin’s Supermarkets and wholesale foods supplier Caito Foods to donate salad bars to five public schools in Indiana.

    These self-serve produce bars will feature an assortment of fresh fruits and vegetables.

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