Supermarket/Grocery

CBRE completes two retail sales in suburban Chicago for $14.8 million
Chicago -- CBRE recently completed the sale of two retail centers in the Chicago, Illinois suburbs for $14.8 million.

Regency Square, a 43,361 sq. ft. center, located in Huntley, Illinois is 97% leased. The center is anchored by Aldi and includes tenants Athletico, Jimmy John’s, Little Caesar’s and SportClips. CBRE represented the seller, Interstate Partners. Regency Square sold for $10.8 million. CBRE’s Derrick Almassy and Rich Frolik represented Interstate Partners in the sale to Hamilton Partners.
Tech Bytes: Three Reasons to Consider Direct Store Delivery
Direct store delivery (DSD), which involves shipping products directly to stores from suppliers and bypassing the retailer’s warehouse or fulfillment center, is not a new idea.

However, several industry developments have made DSD a more attractive and feasible option in many instances. Here are three reasons for a retailer to consider launching a DSD program.

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Retail circular advertising trends, February 2016

Market Track compared retail circular advertising in February 2016 vs. February 2015 and noted trends occurring across top retail chains.

Kohl’s added four comparable circulars in February 2016, promoting mainly short duration sales like “50% Two-Day Sale,” “Doorbusters,” and “Make a Point to Shop.” They attempted to leverage their rewards program with 3X the points during the “Make a Point to Shop” sales.
Here's the secret to Publix's success

For the 19th consecutive year, Publix has been honored as one of Fortune magazine’s “100 Best Companies to Work For.” The magazine sent a journalist to work at a Publix grocery store for several days, and he discovered what makes Publix so successful.

Read more by clicking here.
Wegmans, Publix named 'Best Companies to Work For'

Both Wegmans and Publix were named to Fortune's 2016 top-100 list of "Best Companies to Work For," and both grocers - the only retail pharmacy operators on the list - have placed in the top 100 for the past 19 consecutive years.

Both Wegmans and Publix are two of 12 companies that have earned spots on Fortune's "Best Companies" list every year since the list began.
Exclusive Content: Retail Gateways

While the phrase gateway markets can be a little bit nebulous – and different people have different ideas about the exact list of cities that qualify – the term is well understood to refer to large mature cities with a track record of population growth, great demographics and a strong and diverse economic foundation.
Kroger’s comp streak continues, cap-ex to surge

The lack of food price inflation which has affected the performance of many grocers had little impact on fourth quarter results at Kroger’s, a company whose string of quarterly same-store sales increases has now entered its 13th year.
Meijer on the move with new stores and remodels in 2016

Meijer's ambitious growth plans for 2016 involve nine new supercenters, 32 remodels and a $400 million budget.

The company announced the investment includes the construction of nine new Meijer supercenters and 32 different remodel projects. While Michigan, Indiana, Illinois, Kentucky and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to further enhance the customer shopping experience.
Delhaize America to go cage-free on eggs by 2025

Delhaize America is joining other retailers in announcing it will work with suppliers to reach a 100% cage-free shell egg assortment by 2025.
Off-pricer to make Memphis debut in 2017

Nordstrom Rack is coming to Memphis.

The off-price retailer plans to open a 33,000-sq.-ft. store at Poplar Commons in Memphis, in the fall of 2017. The store is leased from Seritage Growth Properties who is replacing an existing Sears building with a 135,000-sq.-ft. shopping center.

“We're excited to bring our first Nordstrom Rack to Memphis and can't wait to open our doors in 2017," said Geevy Thomas, president of Nordstrom Rack.
Regional grocer takes direct approach to managing shipments

Schenectady, New York-based The Golub Corp. may be a smaller grocery retailer, but it’s taking a big approach to vendor collaboration.

The operator of more than 130 Price Chopper and Market 32 grocery stores in the Northeast has selected Park City Group’s Scan-based Trading solution to support a new go-to-market strategy for direct store delivery (DSD) vendors.
Meijer to spend $400 million on new stores, remodels

Meijer will spend $400 million on store expansion and remodeling in 2016 as the chain looks to expand its footprint.

The investment includes the construction of nine new Meijer supercenters and 32 remodel projects. While Michigan, Indiana, Illinois, Kentucky and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to further enhance the customer shopping experience.