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Supermarket/Grocery

  • Management shake-up at Loblaw and Shoppers Drug Mart

    Brampton, Ontario -- Loblaw Cos. on Thursday announced a series of management changes, including the appointment of Galen Weston, executive chairman, as president, effective immediately. He succeeds Vicente Trius, president since August 2011, who is leaving the company, effective immediately,  for family reasons to return to Brazil.

  • House votes to expand tax break for store remodels

    Washington, D.C. -- The House has passed legislation broadening a federal tax law that makes it cheaper for retailers to remodel their stores, the National Retail Federation said.

    Lawmakers voted 258-160 today to make “bonus depreciation” permanent, and granted NRF’s request that it be expanded to include stores that are owned rather than just those that are leased. The measure now heads to the Senate.

  • NRF supports Marketplace and Internet Tax Freedom Act

    Washington, D.C. – The National Retail Federation (NRF) is supporting the Marketplace and Internet Tax Freedom Act. The legislation was introduced by Senators Michael Enzi, Richard Durbin, Lamar Alexander, Heidi Heitkamp, Susan Collins and Mark Pryor.

  • Retail veteran joins Park City Group business development team

    Salt Lake City - Frederic Van Roie has joined the business development team of Big Data management software provider Park City Group.

    Van Roie is a 25-year veteran of the retail, CPG and foodservice industries with expertise in marketing and merchandising strategies at several premier retailers, including Costco, BJ’s, Home Depot, Whole Foods, D’Agostino’s, Walmart and Safeway.

     

  • Hobby Lobby opens in Pohatcong Plaza anchor slot

    Phillipsburg, N.J. -- National Realty & Development Corp. announced that Hobby Lobby has opened its 56,000-sq.-ft. store at Pohatcong Plaza in Phillipsburg, New Jersey.

    Pohatcong Plaza is a 562,000-sq.-ft. power center located at the intersection of Route 22 and Greenwich Road, 1/2 of a mile northwest of Interstate-78 off of Exit 3.

  • Schostak Brothers acquires 23-center portfolio

    Livonia, Michigan — Schostak Brothers & Company, Inc. announced the acquisition of 23 shopping centers from Coldwater Liquidating Trust. The purchase is part of a bankruptcy liquidation in which Schostak Brothers purchased the majority of the remaining Coldwater Liquidating Trust portfolio, totaling 405,000 sq. ft.

    The 23 shopping centers span 19 states, and is the third acquisition of Super Walmart shopping centers in less than a year.

  • Retail sales inch up 0.2% in June, dragged down by drop in auto sales

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