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Supermarket/Grocery

  • Kroger ventures into Silicon Valley, purchases digital coupon leader YOU Tech

    Cincinnati -- The Kroger Co. announced it has purchased the assets of YOU Technology Brand Services, the Silicon Valley-based provider of digital coupons and promotions. Financial terms of the transaction were not disclosed.

  • Kroger purchases digital coupon platform

    Kroger has purchased the assets of You Technology Brand Services, a Silicon Valley-based platform of digital coupons and promotions.

  • Stater Bros. Markets names senior director real estate

    San Bernardino, Calif. -- Stater Bros. Markets has appointed Michael Reed to the position of senior director real estate.

    Reed has over 13 years of retail real estate experience and has held various leadership positions with other retailers. He most recently served as real estate store development manager for Starbucks and was responsible for growing the company’s Mid-West and Western Mountain Regions.  

  • Lowe’s sells 13.5 acres in Virginia Beach

    Virginia Beach, Va. — Lowe’s Home Center has sold a 13.5-acre property to a private developer based in Virginia Beach for $9 million. Divaris Real Estate represented the seller, Lowe’s, in the transaction. Located one mile north of The Town Center of Virginia Beach, was once a neighborhood grocery-anchored shopping center. Lowe’s Home Center purchased the property in 2007, clearing and preparing it for future development. The new buyer plans to build another shopping center or mixed-use development on the site.

  • Redner’s deploys exception reporting to improve shrink, efficiency

    Reading, Pa. – Regional supermarket chain Redner's Markets has deployed Retail 20/20 to reduce shrink and improve in-store operations. The solution will also be utilized to provide visibility into daily store processes to increase efficiency and reduce fraud.

  • KeyPoint Partners closes eight deals

    Burlington, Mass. — The investment sales team at KeyPoint Partners has completed the sale of eight properties throughout New England. Totaling about 440,000 sq. ft., the properties consist of shopping centers, mixed-use and single-tenant buildings in Massachusetts, Rhode Island, New Hampshire and Connecticut. The aggregate price of the properties was in excess of $30 million. The properties include:

    • Shaw’s Plaza, a 121,660-sq.-ft. shopping center in Providence, R.I.

  • PwC: Grocery, drug, discount and mass M&A deal volume up third year in a row

    New York -- Retail and consumer (R&C) total transaction value in the United States for 2013 surpassed $100 billion for the first time since 2008, according to PwC’s US retail and consumer deals insights 2013 Year in Review and 2014 Outlook report. Deals in the food and beverage sector and private equity (PE) investment in the apparel, footwear and accessories sector continued to drive activity in the R&C industry.

  • Mackinson’s Supermarkets tracks behavior via nutrition app

    Waconia, Minn. - Mackenthun's Supermarket hopes to gain insight into shopper behavior through analyzing scans performed with the ShopWell nutrition personalization app. Shopper preferences and behaviors can now be segmented by gender, age, food allergies, or nutritional goals.

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