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Supermarket/Grocery

  • Haggen selling 26 stores to Smart & Final

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

    Haggen announced Monday that it has entered into an agreement with Smart & Final Stores Inc. for it to acquire 28 store leases and related assets from affiliates of Haggen Holdings for $56 million.

  • Smart & Final to buy 28 stores from Haggen

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

  • Report: Kroger testing video strips in aisles

    Kroger is in the process of installing "smart shelf technology" at one of its stores in Ohio, according to Cincinnati.com.

    The grocery chain is completing the installation of 2,200 Edge shelves throughout the center of the supermarket, including most aisles with dry goods. Today the tech features price tagging beneath the respective items, but future applications could include providing on-demand nutritional info, Cincinnati.com reports.

  • Fort Howard Square acquired for approximately $11.5 million

    Rincon, Ga. -- Wheeler Real Estate Investment Trust, Inc. announced the acquisition of Fort Howard Square in Rincon, Georgia, for a purchase price of approximately $11.5 million, using a combination of cash and debt to pay for the property.

    The center is 95% leased and anchored by Lowe’s and Walmart Supercenter.

  • Sembler, Forge acquire St. Petersburg’s grocery-anchored center

    St. Petersburg, Fla. -- The Sembler Company and Forge Capital Partners announced the purchase of Disston Plaza in St. Petersburg, Florida, which will be added to Forge Real Estate Partners III investment fund. The 123,000 sq. ft. shopping center is currently 98% occupied and is anchored by Publix and also includes Bealls Outlet and Dollar Tree.

  • Meijer finds RX for growth with new president

    Midwest discounter Meijer tapped a former store pharmacist who worked his way up in the company as its next president.

    The Grand Rapids, Michigan-based Meijer announced that Rick Keyes, who joined the company 26 years ago as a pharmacist in Columbus, Ohio, has been appointed as president. He will succeed James Kevin "J.K." Symancyk, who is leaving Meijer, effective Oct. 9, to become the CEO of Texas-based retailer Academy Sports + Outdoors.

  • John Lewis, Birmingham, United Kingdom

    British retailer John Lewis has opened one of its largest department stores ever, in the just-opened Grand Central shopping center in Birmingham.

    The four-level, 250,000-sq.-ft. department store has a strikingly contemporary design and features several new services and concepts, including a new fashion and lifestyle department, loved&found, and the first John Lewis-branded spa, &Beauty. There is also a market stall-styled food offering, The Place to Eat.

  • Search on for new Supervalu CEO

    Supervalu announced that president and CEO Sam Duncan will retire at the end of the company’s fiscal year. The company also elevated two other executives to key senior leadership roles and affirmed its commitment to exploring strategic alternatives for the Save-A-Lot retail division.

    The $18 billion grocery wholesaler and retailer said Duncan would remain with the company until February 29, 2016. He joined the company in February 2013 in connection with the sale by Supervalu of five retail banners to Albertsons.

  • Aldi puts even more pressure on grocery chains

    Low-price grocery chain Aldi is making some changes to the ingredients of its food products just days after Target announced it was banning various chemicals from the products it sells.

    Aldi announced it has removed certified synthetic colors, partially hydrogenated oils and MSG from all of its exclusive brand food products.

    The move by Aldi (and Target) comes as traditional and even upscale grocers are struggling to increase sales as shoppers increasingly turn to more discounters.

  • Meijer finds a prescription for growth with new president

    Midwestern discounter Meijer is looking to a former store pharmacist who worked his way up in the company to take over the reins as president.

    The company announced that Rick Keyes has been appointed as president of the Grand Rapids, Mich.-based retailer. Keyes, who joined the company 26 years ago as a pharmacist in Columbus, Ohio, takes the reigns of the multi-state Midwestern retailer after this week's announcement that J.K. Symancyk is leaving the company to join a Texas-based retailer.

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