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Supermarket/Grocery

  • Jos. A. Bank opens at Southcenter Plaza

    Tukwila, Wash. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Tukwila, Wash., at Southcenter Plaza to Jos. A. Bank.

    Jos. A. Bank has leased 4,075 sq. ft., bringing the center to 97% leased, and is currently open for business.

    The 170,000-sq.-ft. shopping center is anchored by a 112,000-sq.-ft. Target alongside national retailers such as Performance Bicycle, Super Cuts, Starbucks, Burger King and Quiznos.
     

  • Cheesewright to educate investors in Canada

    Walmart Canada president and CEO David Cheesewright is scheduled to speak next week at the Jefferies 2011 Global Consumer Conference near Boston. Walmart doesn’t typically push country presidents on stage at investor conferences except at its own analysts’ meetings when it has hosted events overseas in such places as China earlier this year or prior years in Brazil and the United Kingdom. However there are some interesting things going on in Canada these days, and the Jefferies event is an opportunity for Walmart to showcase some of its management talent.

  • Chipotle to open at Elston Plaza

    Chicago -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Chipotle Mexican Grill, along with Clearly Cares Dental, have recently signed leases at Elston Plaza in Chicago.

    Denver-based Chipotle Mexican Grill, which leased 2,405 sq. ft., plans to open a restaurant in third quarter 2011. Clearly Cares Dental signed a lease for 1,500 sq. ft. with plans to open this summer.

    Elston Plaza is a 91,713-sq.-ft. Jewel/Osco-anchored shopping center in northwest Chicago.
     

  • Kroger off to strong start with positive Q1

    CINCINNATI — Kroger reported solid first-quarter results and marked 30 consecutive quarters in which identical-store sales increased, the supermarket retailer announced Thursday.

    Kroger said that identical-store sales rose 4.6%, excluding fuel, to about $20.8 billion. Identical stores are defined as supermarkets open at least five quarters.

    The company said its first-quarter revenue for the period ended May 21, including fuel, rose 11% to about $27.5 billion, compared with the year-ago period. Excluding fuel, total sales were 4.8% above last year.

  • Let the speculation begin about Walmart Market

    Walmart is moving forward with what could be characterized as a roll out of its Neighborhood Market format nearly 13 years after the first unit opened in the fall of 1998. Just don’t call it a Neighborhood Market.

  • REI to make South Carolina debut

    Greenville, S.C. -- Charlotte, N.C.-based The Chambers Group, an X Team partner, said it has completed a lease for the first REI in South Carolina.

    The outdoor equipment retailer will join The Point shopping center, a Whole Foods-anchored property located in Greenville, S.C., and owned by Beachwood, Ohio-based Developers Diversified Realty.

    REI will occupy 22,000 sq. ft. of a former Circuit City space.
     

  • Wal-Mart accelerating growth of Walmart Market

    New York City -- Wal-Mart Stores is ramping up the opening of its mid-sized Neighborhood Market format, which is being renamed Walmart Market, said  Bill Simon, president and CEO, Walmart U.S., on Wednesday at the William Blair & Co. Growth Stock Conference in Chicago.

    The Market stores, which average around 42,000 sq. ft., are delivering returns on the same level as supercenters, Simon said, and can be approved and built in less time.

  • Starbucks expands mobile payment options

    Seattle -- Starbucks Corp. launched an application Wednesday that lets customers purchase goods with their Android smartphones. The company already has similar applications nationwide for BlackBerry and iPhone and iPod touch in January.

    The application also allows customers to load their Starbucks loyalty card accounts, check card balances and find stores nearby, and it notifies customers of promotions and other discounts.

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