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Supermarket/Grocery

  • Pricing gap holds steady

    Target’s longstanding pricing philosophy of remaining within a few percentage points of Walmart remains intact, according to the most recently monthly pricing survey from Credit Suisse. The firm looks at prices on a basket of goods in Dallas and Chicago each month, and in January it revealed the gap between Walmart and Target had widened to 3.9% from 3.7% in December.

  • Food Lion to implement more MVP savings center kiosks

    SALISBURY, N.C. — Food Lion announced Friday that it would add more of its MVP savings center kiosks to help customers save on their grocery bills.

    MVP savings center kiosks, which are part of Food Lion's MVP customer loyalty card program, were introduced in stores last year. Since their introduction, kiosk coupons have up to five times the redemption rate when compared with coupons delivered via traditional distribution channels, Food Lion said.

    Money-saving coupon kiosks also can be found at Bloom and at Harveys.

  • Fresh Market to open at Congressional Plaza

    Rockville, Md. -- Federal Realty Investment Trust said Monday that The Fresh Market will open a new store at Congressional Plaza, a 332,000-sq.-ft. regional shopping center in Rockville, Md.

    The store, the specialty grocer’s first in Montgomery County, will measure 19,860 sq. ft. Recent openings at the center include Last Call Studio by Neiman Marcus and Matchbox Vintage Pizza Bistro.

    Acquired by Federal Realty in 1965, Congressional Plaza is a regional shopping destination anchored by Buy Buy Baby and The Container Store.

  • The Walmart wildcard in Target’s guidance game

    Target is set to report February same-store sales this Thursday and offer the first data point of the new fiscal year in which same-store sales are forecast to increase in the range of 4% to 5%. For February, the company has forecast a low single-digit increase and last week in conjunction with the release of fourth-quarter results confirmed it was on track to meet the low single-digit number.

  • Safeway gets new loyalty chief to manage mobile migration

    PLEASANTON, Calif. -- Safeway Monday announced the promotion of Mir Aamir to president customer loyalty and digital technologies, reporting to Diane Dietz, EVP, chief marketing officer. In this new role, Mir will lead Safeway's loyalty programs and oversee digital and mobile efforts related to loyalty. He will also continue to be responsible for marketing strategies, shopper analytics and insights, club card strategies and pricing.

  • NRF to Federal Reserve: Swipe card fee cap doesn't go far enough

    WASHINGTON — The National Retail Federation last week responded to the Federal Reserve's proposal to cap debit card swipe fees at 12 cents per transaction.

  • 5 Napkin Burger to open at Union Square

    New York City -- Winick Realty Group said that 5 Napkin Burger, the popular burger chain that’s opened three New York locations since 2003, has leased its fourth location at 150 East 14th Street, on the southwest corner of Third Avenue.

    The restaurant includes 3,570 sq. ft. of ground-floor space, as well as a full basement. The new location is slated to open in April.

  • Bigg’s Place Mall sold, clears way for new Jungle Jim’s

    Cincinnati -- Colliers International Greater Cincinnati announced the $7.5 million sale of a multi-tenant, power center in the Eastgate trade area of Cincinnati.

    The sale of Bigg’s Place Mall – from JPMCC 2006-LDP6 EastGate Boulevard, LLC to Union Township Clermont County CIC of Ohio -- will clear the way for a new Jungle Jim’s supermarket.

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