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Central Market to open at Preston Oaks center
Dallas -- Fort Worth, Texas-based Trademark Property Co. announced the opening of Central Market’s first small prototype store at its Preston Oaks center. Located in the Preston Hollow neighborhood in Dallas, the 30,000 sq.-ft. store is the ninth location -- the fifth in Dallas-Fort Worth -- for the specialty grocer.
The agreement with H-E-B Central Market was originally announced by Trademark in May 2011 following strong interest from several potential tenants looking to move into the former Borders bookstore location.
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Safeway profit down 6%
Pleasanton, Calif. -- Safeway Inc. posted a drop in quarterly net income amid higher commodity costs.
The chain said fourth-quarter net income fell to $215.6 million from $229.6 million a year earlier.
Total sales increased 6.2% to $13.6 billion. Same-store sales rose 1.5%, excluding fuel.