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Supermarket/Grocery

  • Wegmans, Trader Joe's top supermarket ratings; Walmart at bottom

    Yonkers, N.Y. -- Thousands of subscribers to the world's largest independent product-testing organization weighed in on grocery shopping via Consumer Reports’ latest survey – and gave Wegmans, Trader Joe's, Publix, Costco and Sprouts the highest scores overall among 55 of the nation's major grocery stores.

    Walmart landed at the bottom of the ratings, based on a survey of the 27, 208 subscribers.

  • Cedar buys Quartermaster Plaza in Philadelphia

    Port Washington, N.Y. — Cedar Realty Trust has completed the acquisition of Quartermaster Plaza in Philadelphia. The 456,000-sq.-ft. grocery-anchored shopping center is 98% occupied and anchored by a BJ’s Wholesale Club.

    Cedar acquired the center for $92.3 million, including the assumption of $53.4 million of fixed rate debt. The company expects ultimately to fund deal with proceeds anticipated from asset sales. Pending those sales, Cedar will use it existing credit facility.

  • 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.

  • WinCo opens second Bakersfield, Calif., store March 27

    Boise, Idaho - WinCo Foods LLC will open its newest discount supermarket on March 27. The 88,000-sq.-ft. store is the company's second in Bakersfield and reflects WinCo's newer décor package creating a solid, clean feel, which highlights the product, including the hundreds of new WinCo Foods private label items the company has recently introduced.  

  • Kantar Media reports double digit increases across retailer coupons in 2013

    Minneapolis -- The distribution of digital coupons on retailers’ websites exploded in 2013, increasing 39.5% over the previous year, according to data released by Marx, a Kantar Media company. The growth of digital coupons was followed by a 25.6% increase in retailer participation in freestanding insert (FSI) coupon promotion pages, and a 12.6% increase in total retailer feature ad pages distributed.

  • Foodsco opens new Oakland store March 26

    Compton, Calif. – Foodsco will open its first store in Oakland, Calif., on March 26. The new 80,000 sq.-ft. supermarket is located in East Oakland's Foothill Square Shopping Center.

  • 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.

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