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Supermarket/Grocery

  • Cypress Retail to lease four Safeway-owned centers in Los Angeles

    Los Angeles -- X Team International announced that Los Angeles-based partner Cypress Retail Group has been retained by Property Development Centers, a wholly owned subsidiary of Safeway Inc., to serve as the leasing agent for four shopping centers under development and redevelopment in the Los Angeles area.

    The four shopping centers, located in La Canada, La Crescenta, Eagle Rock and Pasadena, are all being redeveloped, renovated or expanded, and are anchored by Vons, a Los Angeles-based, Safeway-owned grocery store.
     

  • Romo Italian Designers to open at Crossing Shopping Village

    Miami Beach, Fla. -- Terranova Corp. said that men’s fashion retailer Romo Italian Designers will open a 1,020-sq.-ft. store at the Crossing Shopping Village, in Miami.

    The location is a first for the retailer under the Romo Italian Designers banner. The store is slated to open by the end of August. 

    The Crossings Shopping Village is anchored by Publix, and tenanted by CVS, Blockbuster Video and Chicken Kitchen.
     

  • Dollar General Q2 profit edges up, to expand into three states, and launch e-commerce

    Goodlettsville, Tenn. -- Dollar General Corp. reported Tuesday that its second-quarter net income rose 3.5% to $146 million from $141.2 million in the year-ago period. Sales increased 11% to $3.58 billion; same-store sales rose 5.9%. Its results beat expectations. 

    The company also raised its full-year outlook.

  • Inflation feeds Winn-Dixie ident-store growth

    JACKSONVILLE, Fla. — Inflationary increases, sales growth at remodeled stores and a boost from fuelperks! helped drive up Winn-Dixie's second quarter identical-store sales, while net sales dipped.

    According to Winn-Dixie's chief Peter Lynch, Winn-Dixie is riding a strong headwind into fiscal 2012 powered by a number of influencers — a marketing program that better sustains margins, its loyalty program Fuelperks!, an improved stocking system and a significant focus on improving the customer experience.

  • Hurricane Irene’s retail losers include department stores and apparel retailers

    New York City -- While it may take some to fully assess the damage, the impact of Hurricane Irene on retail sales is likely to split among retail sectors: Home-improvement stores selling emergency preparation products and clean-up items are likely to benefit the most from the storm, while apparel retailers and department stores selling non-essential items are likely to take a hit.

  • Kroger stores to observe moment of silence on 9/11

    Cincinnati -- Kroger Co. will hold a moment of silence of September 11, 2011, in its 2,449 stores nationwide. Stores located in the Eastern Time zone will pause for a moment of silence to remember the victims and honor the heroes of the 9/11 tragedy at 8:46 a.m., the time when American Airlines Flight 11 struck the World Trade Center's north tower ten years ago.

    Because of the time difference, Kroger's stores in Central, Mountain and Western Time zones will pause for a moment at a locally-designated time on Sunday morning.

  • Winn-Dixie Q4 income falls 48%

    Jacksonville, Fla. -- Winn-Dixie Stores said Monday that its fourth-quarter net income fell 48% amid tough competition. The chain attributed the drop to the quarter being a week shorter this year than it was last year.

    Winn-Dixie's net income for the quarter that ended June 29 was $7.3 million versus $14 million in the year-ago period.

    Revenue fell 4% to $1.62 billion from $1.68 billion last year. Same-store sales rose 3.2%. Although average amount customers spent per visit rose 3.9%, 0.7% fewer shoppers came in, the company said.

  • Target top merchant snubbed in power ranking

    The world is full of powerful women, but a recent listing of the 100 most powerful by Forbes indicates that, with a few exceptions, the publication doesn’t think many are involved in the retail and consumer packaged goods world.

    PepsiCo CEO Indra Nooyi was ranked fourth followed by Kraft CEO Irene Rosenfeld at number 10 on a list that was otherwise dominated by media personalities, celebrities, politicians and government officials. As for female retail executives, well there were exactly three.

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