Skip to main content

Large Chains

  • Inland Diversified Real Estate Trust acquires $71.4 million in grocery properties

    Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced the acquisition of six triple-net leased grocery properties in two separate portfolio acquisitions, with a total combined purchase price of approximately $71.4 million.

    The acquisitions include three grocery stores in Missouri that are fully leased to Schnuck Markets, purchased for approximately $22.6 million in a sale-leaseback transaction. Additionally, three Pathmark grocery stores located in Delaware, Pennsylvania and New York were acquired for approximately $48.8 million.

  • Fortune’s faux pas on ‘Most Powerful’ ranking

    Target’s senior executive ranks are filled with women, but don’t look for any of them on Fortune’s recent listing of the 50 most powerful women.

    Topping the list in the October 8 issue is IBM president and CEO Ginni Rometty followed by PepsiCo chairman and CEO Indra Nooyi, Hewlett-Packard president and CEO Meg Whitman and Kraft Foods chairman and CEO Irene Rosenfeld. Gracing the cover is Yahoo CEO Marissa Mayer who recently defected from Google.

  • Kroger honored for energy efficiency

    Cincinnati -- The Kroger Co. has received the Alliance to Save Energy’s top award, the “Galaxy” Star of Energy Efficiency.

  • Costco and TJX beat estimates in September, Target misses

    New York -- Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.

    Net sales rose 8% to $9.31 billion in the five weeks ended Sept. 30. Costco, which currently operates 608 warehouses, said it plans to open up to 14 new warehouses prior to the end of calendar year 2012.

  • Kroger transforms headquarters for breast cancer awareness

    Cincinnati -- Throughout the month of October, Kroger is lighting up its Cincinnati headquarters with pink spotlights and 150-ft. banners, celebrating breast cancer awareness month.  

  • Association offers tips on recycling grocery plastic

    WASHINGTON, D.C. — The Association of Postconsumer Plastics Recyclers has launched new online resources to help grocery chains recycle more of the plastic containers they use and empty onsite. The program is aimed at recycling the more than 350 million pounds of plastic containers that are discarded annually by grocery stores across the United States.

  • Meijer boosts holiday staff

    GRAND RAPIDS, Mich. — The holiday hiring boost continues, this time at Meijer.

    The retailer is preparing to hire thousands of new employees for its stores as it prepares for this year's holiday season and continued growth throughout the Midwest.

  • Wal-Mart sued yet again for alleged gender discrimination

    Nashville, Tenn. -- Wal-Mart Stores Inc. is facing its third regional gender bias lawsuit since the Supreme Court rejected a nationwide class action filed by female workers in California and Texas.

    Three female employees sued Wal-Mart in federal court in Tennessee on Tuesday, claiming discrimination against female workers in the company’s Region 43 which consists of Tennessee and parts of Alabama, Arkansas, Georgia and Mississippi.

  • Safeway extends social responsibility program

    Pleasanton, Calif. -- Grocer Safeway Inc. said Tuesday it has extended its corporate social responsibility commitment with the introduction of a new program it calls Heart of Safeway Pledge, which encourages consumers and communities to be more conservative and socially responsible.

  • Publix declares common stock dividend to be awarded semi-annually

    LAKELAND, Fla.— Publix on Monday announced its board of directors declared a semi-annual dividend on its common stock of 30 cents per share. The dividend will be payable and mailed Dec. 3, 2012, to stockholders of record as of the close of business Oct. 31, 2012.

X
This ad will auto-close in 10 seconds