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Supermarket/Grocery

  • Stater Bros. VP of real estate passes away

    San Bernardino, Calif. -- Stater Bros. Markets announced that its VP of real estate, Mike Slaton, died suddenly on Sept. 28.

    As a tribute to Slaton, the new 44,000 sq. ft. Stater Bros. supermarket, which opened last week in Redlands, Calif., will be dedicated in his honor.

  • Publix enters South Carolina market

    Publix is heading to South Carolina with two stores which will be located in North Myrtle Beach and Pawleys Island.

    The first lease is for North Myrtle Beach located in the Coastal North Town Center at Hwy. 17 and Moss Place. The store will be a 49,000-sq.-ft. Publix supermarket and is expected to open in late 2014.

  • Survey: Consumers buying more specialty foods

    New York -- Consumers are choosing specialty foods over conventional foods at record levels, according to research from the Specialty Food Association.
     
    Nearly 75% of U.S. consumers report making specialty food purchases this year, a major increase since the economic downturn of 2009 when only 46% reported that they bought these high-quality products. Consumers surveyed say they spend about one quarter of their at-home food dollars on specialty options like artisanal chocolates, cheeses and oils.

  • Expenses, profits bite Village Super Markets net income

    Springfield, N.J. – Village Super Market reported net income of $6.2 million during fourth quarter 2013 and $25.8 million during the full fiscal year. These figures were respectively down 31% from $9 million and 18% from $31.4 million year-over-year.

    The retailer cited the negative impact of higher expenses and lower gross profits as contributing to its drop in net income.

  • DDR announces completion of third quarter transactions

    Beachwood, Ohio — DDR Corp. has announced the closing of its previously announce acquisition activity totaling $591 million. The acquisitions include a portfolio of seven prime power centers in a newly-formed joint venture with an affiliate of Blackstone Real Estate Partners VII L.P. for $332 million in August and two market dominant regional power centers in Orlando, Fla. and Atlanta, Ga., for an aggregate $259 million in July.

  • Mars unveils new candy line in time for Halloween

    Mars Chocolate North America has unveiled a new line of candies in several flavors just in time for Halloween.

    The candy maker announced the release of its latest line, which includes Snickers peanut butter pumpkin-based singles, as well as jack-o-lantern-shaped Snickers-brand pumpkin, available in two packs. The company is also releasing a new large variety bag of Snickers Fun Size canned, available in Snickers Original, Almond and Peanut Butter Squared bars.

  • SRS announces September transactions

    Dallas — SRS Real Estate Partners has announced a September transactions and new assignments carried out by SRS offices across the country.

    SRS Atlanta:
    •    Three new tenants have inked deals at Krog Street Market, a 30,000-sq.-ft. mixed–use redevelopment project owned by Paces Properties. Fred’s Meat & Bread has leased a 600-sq.-ft. space; Gu’s Dumplings has taken 600 sq. ft. and The Little Tart Bakeshop plans to open a 200-sq.-ft. market stall.

  • Sembler leases 58,000 sq. ft. in Florida in August

    St. Petersburg, Fla. — The Sembler Company leased 58,000 sq. ft. in Florida during August. Here are the individual lease signings:

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