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Supermarket/Grocery

  • Mexico’s Tiendas Soriana in Latin America’s biggest distributed solar deal

    Monterrey, Mexico -- Tiendas Soriana S.A. de C.V., Mexico’s second largest retail company, and Hanwha Q CELLS, a leading full-service solar power companies, announced a 20-year power purchase agreement for 31 megawatts (MW) of photovoltaic (PV) solar power at 120 retail locations across Mexico that will create significant long-term energy savings for Soriana. Soriana operates more than 640 grocery and department stores.

  • Five retail leases signed in Hampton Roads, Va.

    Virginia Beach, Va. — The Virginia Beach office of Divaris Real Estate has finalized leases for five retail spaces throughout Hampton Roads, Va.

     SunTrust Bank has signed a lease extension for 3,000 sq. ft. in Willow Oaks Village Square Shopping Center in Hampton, Va. Divaris handled lease negotiations on behalf of the landlord, Willow Oaks Associates.

  • Loblaw-Shoppers Drug Mart deal approved; Loblaw to close 18 stores

    New York -- Loblaw Cos. Ltd.’s acquisition of Shoppers Drug Mart Corp. has been approved by Canada’s Competition Bureau. The $12.4 billion (US$11 billion) deal is expected to close on March 28.

    To win approval from the Competition Bureau, Loblaw agreed to sell 18 stores and nine in-store pharmacies.

  • A&P names COO as CEO

    Montvale, N.J. -- The Great Atlantic & Pacific Tea Company (A&P) announced that company COO Paul Hertz has been appointed president and CEO, effective immediately. He succeeds Sam Martin. In January, A&P confirmed Martin’s departure.

  • Canada Post and Thinkwrap collaborate on shipping data for Oracle Commerce

    Ottawa, Canada – E-commerce solution provider Canada Post and and e-commerce integrator Thinkwrap Commerce have launched new collaboration designed to simplify and accelerate incorporation of Canada Post's shipping data into Oracle Commerce. By making it easier for retailers to incorporate Canada Post's data with Oracle Commerce, the collaboration between Thinkwrap and Canada Post is designed to help retailers strengthen their e-commerce customer experience by providing shoppers with choice and convenience.

  • Walgreens opens on New Orleans Westbank

    Covington, La. Stirling Properties has announced the opening of a full-service Walgreens in Terrytown on the Westbank of New Orleans. The new drugstore stands on the site of a former shopping center anchored by an A&P Grocery store and an Eckerd Drug store.

  • Report: Walmart offers online price comparison tool

    New York -- Walmart has introduced an online feature, called “Savings Catcher,” that allows shoppers to compare prices on the chain’s food and household products against those of its competitors, according to the Associated Press. General merchandise  categories and electronics are not included, and neither are purchases of store brands or those made online.

    Walmart began offering the new service in late February, the report said, in seven markets, including Dallas, San Diego and Atlanta.

  • Muss to acquire Upper East Side retail condo

    New York — Muss Development LLC is acquiring a 5,000-sq.-ft. retail condominium located at the base of the Touraine Condominium at 865 Lexington Avenue on New York City’s Upper East Side. Immediately upon closing, Muss will enter into a long-term lease with Le Pain Quotidien for its 31st location in Manhattan.

    Known for its organic bread and cakes, Le Pain Quotidien will take the ground-floor retail component.

    In the sales transaction, Jones Lang LaSalle represented both Muss Development and the seller, Lex 65.

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