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Supermarket/Grocery

  • The Fresh Market VP real estate to step down

    New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

  • Mom’s Organic Market goes solar with SolarCity

    Rockville, Md. -- Mom's Organic Market announced the activation of rooftop solar panels on its store in Waldorf, Md. The store, opened in November 2012, features energy-efficient design, including closed-door coolers, LED lighting and electric car charging stations. The photovoltaic system, installed by SolarCity, is expected to offset the store's energy needs by at least 15%.

  • Don’t Miss Out! Register today for SPECS (March 17 -20, Dallas)

    New York -- Network with peers from leading retail and restaurant companies at SPECS, the industry’s premier store development and facilities event.

    Produced by Chain Store Age, the 49th annual SPECS conference will be held March 17-20, at the Hilton Anatole Hotel, Dallas. 

    Click here to register. 

  • Modest gains for retailers in February, led by Costco and Limited Brands

    New York -- Costco Wholesale Corp., Limited Brands and TJX Cos. on Thursday reported better-than-expected sales for February, as growing employment and a surging stock market apparently offset the impact of higher taxes. (Some analysts cautioned, however, that the monthly figures have become less influential as an economic indicator as the number of retailers reporting on a monthly basis has dropped considerable. As of this month, Target and Kohl’s are no longer reporting monthly sales.)

  • Levin announces leasing activity at Capitol Plaza

    Ewing, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said Wednesday that Dollar Tree will open a store at Capitol Plaza, located in Ewing, N.J. The 13,810-sq.-ft. store is slated to open in the spring.
     
    As well, a newly expanded Center for Allied Health & Nursing Education will celebrate its grand reopening at Capitol Plaza in March. The nursing school will be renamed Jersey College School of Nursing; it tripled its space to 30,000 sq. ft. in the shopping center, which is leased and managed by Levin.
     

  • Kroger Q4 profit beats Street

    Cincinnati -- The Kroger Co. on Thursday reported a better-than-expected profit for its fourth quarter profit amid a surge in sales.

    For the period ending Feb. 2, Kroger earned $461.5 million, compared to the year ago period when the company reported a loss of $306.9 million as pension costs dragged down results.

    Revenue rose 12.8% to $24.2 billion. Same-store sales increased 3% for the quarter, excluding fuel. After adjusting for the extra week in the fourth quarter, total sales increased by 3.7% over the fourth quarter of fiscal 2011.

  • Go Greenly will open at Riverfront Plaza

    Hackensack, N.J. -- Crossroads Cos. said that frozen yogurt franchise RCD Frozen Treats will open a 1,750-sq.-ft. store at Riverfront Plaza, located in Hackensack, N.J.

    RCD Treats is a franchise of Go Greenly.

    Riverfront Plaza is a 130,000-sq.-ft. neighborhood shopping center anchored by ShopRite. Other national retailers and service providers at the center include Chase Bank, GNC, H&R Block, KFC, Radio Shack, Subway, Supercuts, Taco Bell and Verizon Wireless.

  • Hunter Crossroads, Fort Worth, Texas

    When an 180,000-sq.-ft. Walmart Supercenter opens at Hunter Crossroads this fall, it will mark the first major retail opening in the shopping center, which is part of a larger 160-acre planned mixed-use project.

    Developed by Hunter Crossroads LP, the center is being leased by Transwestern, based in Dallas.

    Construction on the new Walmart is more than halfway completed; expected opening date is September 2013 and the store will feature Walmart’s smaller, more efficient prototype in lieu of its more traditional 220,000-sq.-ft. layout.

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