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Supermarket/Grocery

  • Sabre arranges 20,000 sq. ft. of retail leases

    Garden City, N.Y. -- Sabre Real Estate Group said it has arranged five retail leases on Long Island totaling almost 20,000 sq. ft.

    In Commack, N.Y., women’s apparel retailer Bolton’s leased 2,500 sq. ft. in the Mayfair Shopping Center for a store that is expected to open in June. Levin Management Corp., of Plainfield, N.J., owns the shopping center.

  • Aldi to open 30 stores in Houston market

    Houston -- Discount supermarket operator Aldi announced it is preparing to enter the Houston market with 30 new stores over the next three years. The expansion will begin in spring of 2013, with the opening of more than 10 new locations.

    With this expanded Texas footprint, Aldi is expected to bring 400 jobs and an investment of over $100 million of capital expenditures to the local community. The first Aldi stores in Houston will open in the spring of 2013, with more than 10 new locations.

  • Tucker Development brings new tenant to Yorkville Marketplace

    Yorkville, Ill. -- Tucker Development Corp. said that Athens Gyros & Kebabs will open a location at Yorkville Marketplace, located in Yorkville, Ill.

    The Middle Eastern restaurant signed a lease to occupy a 1,258-sq.-ft. space within the 145,000-sq.-ft. shopping center anchored by Jewel-Osco and OfficeMax.

  • Harris survey ranks Kohl’s, Nordstrom, Target and Walgreens highest in their categories

    New York -- Kohl’s, Nordstrom and Target  ranked first in their categories in a new survey by Harris Interactive The 2012 Harris Poll EquiTrend (EQ) study surveyed Americans about brands across several retail segments, revealing which brands prompted them to open their hearts—and consequently—their pocketbooks.

  • Costco opens new club in Huntington Beach

    Huntington Beach, Calif. -- DJM Capital Partners said that a new 154,000-sq.-ft. Costco has opened at Bella Terra, an open-air center in Huntington Beach, Calif. Costco opened in a building vacated by Mervyn’s.

    Costco at Bella Terra is a full-format store offering Gas Station, Fresh Bakery, Fresh Meat, Fresh Produce, Fresh Deli with Rotisserie Chicken, Optical Department, 1-Hour Photo, Pharmacy, Tire Center, Hearing Aid Center, Fine Wine & Liquor and Food Court.

  • Wal-Mart Stores falls on Fortune list

    Wal-Mart Stores fell to the number two spot on the Fortune 500 list after holding the number one spot for two years. It was ousted by Exxon Mobil, which benefitted from rising oil prices.To see the full list, click here.

  • Kroger CEO Dillon received 66% pay increase in 2011

    Cincinnati -- A report on Friday by the Associated Press said that Kroger chief David Dillon received a 66% bump in pay in 2011, as the grocer surpassed its internal growth targets.

    Dillon was paid a package worth $8.9 million last year, up from $5.4 million in 2010. The compensation included a cash performance bonus of $2.7 million. Stock and award options rose to $5.2 million and salary was $1.3 million.
     

  • Whole Foods app rewards green behavior

    Austin, Texas — Whole Foods is rewarding customers that live a green lifestyle through a new app it created with Whole Planet Foundation and BlueAvocado.

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