Supermarket/Grocery

Pembroke Pines, Fla. -- Indianapolis-based Kite Realty Group announces that two additional tenants have joined Cobblestone Plaza, located in Pembroke Pines, Fla.

Great Clips will open a 1,066-sq.-ft. store and Michael’s Jewelry will open in a 1,400-sq.-ft. space.

The 140,452-sq.-ft. Cobblestone Plaza is newly anchored by Whole Foods, which opened March 28, joining All Pets Emporium and Party City. 

Kansas City, Mo. -- Irvine, Calif.-based Passco Cos. announced it has completed the acquisition of Shoppes at Coronado Place I, a 14,534-sq.-ft. strip center in Blue Springs, Mo., two miles from downtown Kansas City.

The purchase price was $4.3 million.

The property is across the street from a Wal-Mart, Home Depot and the new 600,000-sq.-ft. Adams Dairy Landing power center, anchored by Target.

Minneapolis -- Target said it will open its new smaller format concept, CityTarget, at the Beverly Connection in Los Angeles, in March 2013. The 99,000-sq.-ft. will be located on the second floor of the shopping complex, at the corner of La Cienega and Beverly Boulevard.

Target’s annual shareholders’ meeting will be held June 9 in downtown Chicago at the location of a soon-to-open CityTarget store on State Street. The venue is an interesting choice that speaks volumes about the potential for the new urban format.

Washington, D.C. -- Sax Realty said that Bed Bath & Beyond will open a new 28,000-sq.-ft. store at Village South at Waugh Chapel, the largest power strip being built in the Washington, D.C., area.

The store is slated to open in the fall.

The one million-sq.-ft. mixed-use development, developed by Greenberg Gibbons, is also anchored by Wegman's, Target, Regal Cinema, Dick's Sporting Goods and Petco.

LAKELAND, Fla. — Publix's associates and board members will be pleased with the news that the company's private stock has increased from $22.40 per share to $22.70 per share, effective May 1. Since it is not publicly traded, only current Publix employees and members of its board of directors can buy Publix stock.

Bentonville, Ark. -- The U.S. Department of Labor’s Wage and Hour Division has ordered Wal-Mart Stores Inc. to pay more than $4.8 million in back wages and damages to some 4,500 employees nationwide.

The assessment follows a departmental investigation of the retailer that uncovered violations of the federal Fair Labor Standards Act's overtime provisions.

Wal-Mart has been assessed another $463,815 in civil money penalties.

Macon, Ga. -- Westwood Financial Corp., one of the nation’s largest owner-operators of shopping centers, has purchased Wesleyan Station, an 86,631-sq-.ft, retail center in Macon, Ga., for $8.9 million from a private seller.