Supermarket/Grocery

Jacksonville, Fla. -- Regency Centers said Tuesday it has closed on the acquisition of Calhoun Commons, a 66,150-sq.-ft. neighborhood shopping center located in Minneapolis and anchored by Whole Foods Market.

The property was purchased in an off-market transaction on July 1 for $21 million from Calhoun Commons Shopping Center Limited Partnership, a subsidiary of Doran Cos. and the original developer of the property.

New York CIty -- With its array of in-store services, expanded food offerings and unexpected amenities, the new Duane Reade flagship in downtown Manhattan pushes the envelope of drugstore retailing -- and it does so with a style and ambience that sets it apart from the competition.

NEW YORK — Rising gas prices has consumers cutting down on grocery shopping and many turning to the discount stores over traditional food retailers, according to the latest research from TNS.

The higher cost of gas is good news for discount stores, as 32% of those surveyed are choosing to shop there over traditional retail outlets. However, when they shop, they are buying less.

Boston -- WS Development announced that Aldi will open a new store at Stateline Shopping Center, located in Salem, N.H.

The new store, the grocer’s first in the state, will join a newly opened Lowe’s anchor, as well as Sovereign Bank and NAMCO at the recently redeveloped 232,000-sq.-ft. shopping center.

NEW YORK — Duane Reade, which is owned by Walgreens, is opening on July 6 its 22,000-sq.-ft. flagship store that has a decided “up market focus” with exclusive services and amenities never seen before in a Duane Reade or any other drug store.

The innovative 24-hour store is located at 40 Wall St., which is known as the "Crown Jewel of Wall Street" and once held the title of the tallest building in the world.

New York City -- Walgreens’ Duane Reade division on Wednesday will open its most ambitious and elaborate store to date, a flagship in downtown Manhattan. The 22,000-sq.-ft. drug store, located at 40 Wall Street, will have an upscale focus, and feature a number of exclusive services and amenities aimed at the Wall Street clientele.

Last week Janney Montgomery Scott analyst David Strasser downgraded shares of Target to neutral from buy. He offered a litany of things that could go wrong with the Target story, which were subsequently refuted by someone named Will Ashworth on the website “Investopedia.”

Columbia, S.C. -- Shopping center owner and developer Edens & Avant said Friday that Whole Foods Market will open a new store -- its third in South Carolina -- in the company’s Cross Hill Market retail center in Columbia, S.C.

The new store will be Whole Foods’ first in the capital city and will occupy approximately 37,876 sq. ft. in the 74,326-sq.-ft. development.