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Supermarket/Grocery

  • BCG Partners buys Excess Space real estate services firm

    New York - BGC Partners Inc., a global brokerage company servicing the financial and real estate markets, has entered into an agreement to acquire Excess Space Retail Services Inc. Excess Space is a premier provider of real estate disposition, lease restructuring and lease renewal services, as well as related valuations for retailers nationwide and currently advises on 35.6 million-sq.-ft. of retail space in North America.

  • Albertsons taps industry vet Mark Panzer as senior VP of pharmacy, health and wellness

    Boise, Idaho -- The parent company of Albertson's, New Albertson's and Safeway (collectively Albertsons), AB Acquisition LLC, has appointed industry veteran Mark Panzer as senior VP of pharmacy, health and wellness, overseeing the company's 1,760 pharmacies in 34 states across the country. Panzer succeeds Darren Singer, who has left the company to pursue other opportunities.

  • Regal Cinemas comes to Celebration Pointe in Florida

    Gainesville, Fla. - Regal Entertainment Group (NYSE:RGC) will open a 10-screen reserved-seating luxury theater at Celebration Pointe, a 225-acre, mixed-use regional development located in Gainesville, Florida. Celebration Pointe partner Ralph Conti made the announcement.

  • Albertsons names new pharmacy chief

    The parent company of Albertsons and Safeway has named a drugstore industry veteran as its new SVP of pharmacy, health and wellness.

  • Roundy’s cuts net loss in Q1, will open five stores

    Milwaukee – A sharp reduction in loss from continuing operations, primarily related to the sale of the Rainbow banner to Supervalu, helped Roundy’s Inc. cut net loss to $2.33 million in the first quarter of fiscal 2015, from $4.52 million the same quarter a year earlier. Net sales rose 14% to $981.93 million from $862.69 million, while same-store sales dropped 1.6%.

  • Survey: Millennials, men receptive to mobile payment

    Allentown, Pa. – Mobile payment is growing, and Millennials and men may be leading the way. According to a recent survey of 1,000 U.S. adults by Harbortouch examining the current state of mobile payment adoption shows that Millennials were the highest percentage of mobile payment users, with nearly 42% falling into that demographic.

    In addition, men are twice as likely to use some form of mobile payment compared to women. Of those surveyed who aren't currently using mobile payments, 20% blame payment-related issues.

  • America’s favorite grocery retailer is….

    Louisville, Colo. -- Trader Joe’s is America’s favorite grocery retailer for the third year in a row, according to a study of more than 7,200 consumers by Market Force Information. Publix ranked a close second and Aldi was third.

  • Study: Digitally influenced brick-and-mortar sales to reach $2.2 trillion

    New York - Digital interactions are expected to influence 64 cents of every dollar spent in retail stores by the end of 2015, or $2.2 trillion. According to Deloitte Digital's latest study, "Navigating the New Digital Divide,” this figure has grown considerably from 14 cents of each dollar spent in brick-and-mortar stores in 2012, the first year Deloitte Digital conducted the annual study.

  • Wegmans to anchor new project at Brooklyn Navy Yard

    New York — The Brooklyn Navy Yard Development Corp. on Tuesday announced redevelopment plans for Admirals Row that will bring a long-anticipated supermarket, new manufacturing space and a brand new community facility to the site. Wegmans Food Markets will anchor the $140 million redevelopment of Admirals Row led by Steiner NYC, the developer of Steiner Studios.
     

  • Survey: Moms prefer Amazon, Skechers, Samsung

    London – Moms with kids younger than 18 are known to be discerning, and only two retailers made the list of top 10 best perceived brands among these special ladies. According to the latest Brand Index from market research firm YouGov, Amazon.com ranked number two with a score of 58.8, Skechers came in at number eight at 48.1, and Samsung nabbed the number 10 spot at 47.7.

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