Skip to main content

Large Chains

  • Report: Publix not interested in acquiring Harris Teeter

    New York -- Despite rumors to the contrary, Publix is not interested in acquiring Harris Teeter, according to The Ledger.

    Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

    Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

  • Supervalu restructures executive, banner leadership

    MINNEAPOLIS — Supervalu has named new leadership at the executive and banner retail level. According to the company, the move is part of its plans to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition LLC. That transaction is expected to be completed the week of March 18.

  • Sembler reinvents Park 66 property

    St. Petersburg, Fla. -- The Sembler Co. announced Monday that it is redeveloping its Park 66 shopping center, located in St. Petersburg, Fla., and owned by the company since 1970.

    A Wal-Mart Neighborhood Market is being added to the property as part of the redevelopment – slated to open fall 2013 – and other tenants are being relocated.
     

  • LandMark Retail Group opens trio of CVS stores

    San Francisco -- LandMark Retail Group said it has opened three CVS/pharmacy stores in San Francisco on behalf of the drugstore retailer.  

    Over the past year, the firm has completed 13 CVS stores throughout California with plans to open four more this year.

    The first CVS/pharmacy store is located at 351 California St., occupying a ground-level retail space in a San Francisco financial district office building. It features 9,009 sq. ft., and opened after five months of construction.
     

  • SRS Real Estate negotiates new leases for Sleep Number

    New York -- Dallas-based SRS Real Estate Partners said that Select Comfort Corp., which operates the Sleep Number Store, has leased several new locations in and around New York City.

    In Danbury, Conn., the company leased 2,580 sq. ft. at the Shops at Marcus Dairy, an 80,000-sq.-ft. shopping center tenanted by Whole Foods, Eastern Mountain Sports and Panera Bread.

  • Supervalu announces divisional leadership changes

    Minneapolis -- Supervalu announced Monday that it will make sweeping changes among its executive ranks as part of a previously announced right-sizing program.

    Newly minted president and CEO Sam Duncan has named former Kroger VP Mark Van Buskirk as EVP merchandising and marketing for Supervalu, charged with oversight of retail merchandising and marketing.

    Former Albertsons executive Rob Woseth has been named EVP chief strategy officer, overseeing real estate and corporate development, as well as strategic growth opportunities.

  • Publix posts same-store sales increase of 2.2% for fiscal 2012

    LAKELAND, Fla. — Publix on Friday recorded fiscal 2012 sales of $27.5 billion, up 1.9%. However, 2012 year-end sales included a 52-week period, versus 2011 year-end sales that were tracked over a 53-week period. Excluding that extra week, sales for 2012 would have been up by 3.8%. Same-store sales were up 2.2% for the year. 

  • Ahold to roll out more Peapod pickup points in 2013

    AMSTERDAM — Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.

    Ahold attributed its 4.3% increase in sales in the fourth quarter, to $6.1 billion, partially to the Hurricane Sandy effort. The quarter also saw comps increase by 2.4%, while full year sales were $25.8 billion, a 3.1% over 2011, as comps increased by 1.4%.

  • Report: Publix considering making offer for Harris Teeter

    New York -- Publix Super Markets is interested in Harris Teeter Supermarkets, Bloomberg reported.

    Royal Ahold, the Netherlands-based company that operates Stop & Shop, is also looking to making a bid for the North Carolina-based chain, according to various media reports.

    Harris Teeter released a statement on Feb. 13 in which it said it hired JPMorgan to assist in holding talks with suitors after being approached by two buyout firms.

     

  • Albertsons appoints division presidents

    BOISE, Idaho — Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

X
This ad will auto-close in 10 seconds