Skip to main content

Supermarket/Grocery

  • Report: Buyout firms eye Safeway

    Pleasanton, Calif. – Several buyout firms are reportedly considering attempting a partial or total purchase of Safeway Inc., with Cerberus Capital Management LP among the potential bidders, according to Reuters.

    Safeway has retained Goldman Sachs Group Inc. as an advisor, the report said.

  • Publix sells C-store format

    Publix Super Markets has decided to sell PIX, the fuel/C-store concept it began testing in 2001. Circle K Stores, a wholly owned subsidiary of Alimentation Couche-Tard, will purchase 13 sites, of which 11 are located in Florida and two in Georgia.

    Max Arnold & Sons, a family-owned company located in Hopkinsville, Ky., which has been in operation for more than 60 years, will purchase the site located in Tennessee.

  • Canadian government approves Sobey’s-Safeway purchase

    Toronto – Sobey’s Inc. has signed a consent agreement with the Canadian Competition Bureau allowing it to proceed with the acquisition of substantially all of the assets of Canada Safeway.

    As part of the consent agreement, Sobey’s will divest 23 stores in the provinces of Alberta, British Columbia, Manitoba and Sasketchewan. The deal, announced in June, will cost Sobey’s owner Empire Co. Ltd. about $5.7 billion.

  • Canada greenlights Sobey’s-Safeway purchase

    Canada Safeway is up for grabs, and the Canadian Competition Bureau is allowing Sobey’s Inc. to proceed with the acquisition of substantially all its assets.

    As part of the consent agreement, Sobey’s will divest 23 stores in the provinces of Alberta, British Columbia, Manitoba and Sasketchewan. The deal, announced in June, will cost Sobey’s owner Empire Co. Ltd. about $5.7 billion.

  • Regency announces Glenview, Ill., development

    Chicago — Regency Centers Corp. has announced the development of Glen Gate, a 102,876-sq.-ft. shopping center located in Glenview, Ill., a North Shore suburb of Chicago. A 75,564-sq.-ft. Mariano’s Fresh Market, slated to open next fall, will anchor the development. The center will have one out-lot with an additional 24,000 sq. ft. for retail and restaurants.

  • America’s Research Group finds economic hardships may affect holiday shopping

    One-third (33%) of U.S. families are making less money as a result of job loss, moving to a part-time job and/or working at a lower-paying job, which may have an impact on holiday shopping.

    In addition, according to three recent consumer surveys from America’s Research Group (ARG), 40% of parents are trying to save as much money as they can for their children's college education, 38% of families did not take a vacation this year of four days or longer, and 44% of parents will do most of their back-to-school apparel shopping in December when the deals are better.

  • SRS hires senior VP in Phoenix office

    Dallas — SRS Real Estate Partners welcomes Jon Cowen as senior VP in the Phoenix office. Cowen bring 24 years of experience in commercial real estate to SRS, where he will focus on representing local and national retailers, shopping center leasing and development and investment sales.

    Previously, Cowen worked with the Retail Advisory Group at Cushman & Wakefield after Cushman acquired his own real estate firm, Cowen Commercial.

  • Report: Companies increasing budgets for mobile marketing

    New York -- The majority of companies will be increasing their budget for mobile marketing over the coming year, according to research published by Econsultancy and BuyDesire. Seven out of every 10 companies have stated that they will spend more on mobile marketing in the next 12 months, as they seek to keep up with the mobile revolution.

X
This ad will auto-close in 10 seconds