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Supermarket/Grocery

  • Loblaw makes executive appointments

    New York -- Canada’s Loblaw Cos. announced a series of executive appointments, including the naming of Mark Butler as executive VP integration.

    In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. He has 37 years with Loblaw, and most recently was executive VP conventional division.

  • Gov. Brown signs bill raising California minimum wage to $10 by 2016

    New York -- Governor Jerry Brown of California on Wednesday signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years. The increase will make California's minimum wage the highest in the country.

    The wage increase will go into effect in two separate $1 increments, going from the current minimum of $8 to $9 on July 1, 2014, and then to $10, on January 1, 2016.

  • Report: Trader Joe’s to open store in Hingham, Mass., in October

    Monrovia, Calif. – Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

    According to the Hingham Journal, Trader Joe’s signed a lease with Samuels & Associates in winter 2012 to open a 12,000-sq.-ft. store in the Launch portion of the Shipyard complex.

  • Parent company of Bi-Lo, Winn Dixie going public

    Southeastern Grocers, parent company of Bi-Lo and Winn-Dixie supermarkets, has filed a registration statement on a proposed initial public offering.  

    The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

    Citigroup, Credit Suisse and Deutsche Bank Securities will act as representatives of the underwriters for the offering, and, together with William Blair and Wells Fargo Securities, will act as joint book-running managers for the offering. 

  • IHL: North America self-service kiosk transactions near $1 trillion

    Franklin, Tenn. – The dollar value of transactions performed at self-service kiosks in North America surpassed $822 billion in 2012 and should reach more than $1 trillion by the end of 2014. Self-service kiosks are currently used in more than 100,000 checkout lanes at North American retailers.

  • Pet Supermarket signs into Fielder Plaza

    Arlington, Texas — With more than 135 stores across the country, Pet Supermarket has leased 6,000 sq. ft. of retail space in Fielder Plaza, a community retail center in Arlington, Texas.

    The Weitzman Group, the exclusive retail-leasing agent for the center, handled negotiations for the transaction. Pet Supermarket will join Tom Thumb grocery, CVS/pharmacy, Starbucks, Allstate, T-Mobile and others. Cencor Realty Services manages Fielder Plaza.

     

  • Big Lots joins big board

    Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

    NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.

  • Glen Eagle Square welcomes three more new retailers

    Chadds Ford, Pa. — Three more new retailers have signed leases at Glen Eagle Square. Gap’s national women’s athletic wear brand Athleta, took 5,100 sq. ft. Pet Valu leased 3,200 sq. ft. and Not Your Average Joes, a casual American-style restaurant will occupy more than 7,200 sq. ft.

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