The lack of food price inflation which has affected the performance of many grocers had little impact on fourth quarter results at Kroger’s, a company whose string of quarterly same-store sales increases has now entered its 13th year.
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CBRE completes two retail sales in suburban Chicago for $14.8 million
Chicago -- CBRE recently completed the sale of two retail centers in the Chicago, Illinois suburbs for $14.8 million.
Regency Square, a 43,361 sq. ft. center, located in Huntley, Illinois is 97% leased. The center is anchored by Aldi and includes tenants Athletico, Jimmy John’s, Little Caesar’s and SportClips. CBRE represented the seller, Interstate Partners. Regency Square sold for $10.8 million. CBRE’s Derrick Almassy and Rich Frolik represented Interstate Partners in the sale to Hamilton Partners.
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Here's the secret to Publix's success
For the 19th consecutive year, Publix has been honored as one of Fortune magazine’s “100 Best Companies to Work For.” The magazine sent a journalist to work at a Publix grocery store for several days, and he discovered what makes Publix so successful.
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