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Supermarket/Grocery

  • Walmart Neighborhood Market to open at Villa Monaco

    Denver -- Brixmor Property Group said that Walmart Neighborhood Market will open a 55,669-sq.-ft. store at Villa Monaco, located in Denver.

    The addition of this market will revitalize the shopping center, said Brixmor, attracting new retailers, restaurants and services to the center, and providing the community residents a convenient place to shop within their own neighborhood.  

  • Mimi's Cafe names VP finance

    Irvine, Calif. -- Mimi's Cafe said Thursday that Scott Miller has been named VP finance, effective immediately.

    Miller most recently was the CFO at El Gallo Giro, a multi-unit taqueria. He also spent 10 years in various financial leadership roles at Carlson Restaurant Inc., with the T.G.I. Friday's and Pick Up Stix brands.

    Mimi's Cafe was recently acquired by Le Duff America , parent to the Bruegger’s Bagels and la Madeleine banners, and has 145 locations in 24 states.

     

  • Garden City Center launches phase II of revitalization

    Cranston, R.I. -- Boston-based The Wilder Cos. said Thursday that the second phase of the multi-phased strategy to expand, reconfigure and redevelop Garden City Center, in Cranston, R.I., is officially underway.

    The project involves turning vacant former large-format retail spaces into a mix of mid-sized and smaller specialty retailers, including the state’s first Corner Bakery Café which signed a multi-year lease.

  • Tesco to exit U.S.; takes $3.5 billion global write-down

    London -- Grocery chain Fresh & Easy’s British parent Tesco confirmed Wednesday that it will abandon its U.S. business, selling off the 199-store chain and taking a $3.5 billion write-down.

  • Grocers gather on supermarket industry issues

    Washington, D.C. -- Grocery retailers, wholesalers and food industry state association executives representing more than 30 states assembled in Washington, D.C., on Wednesday to urge Congress to act on pro-business reforms that impact their industry.

  • Fairway raises $177.5 million in IPO

    New York -- Fairway Group Holdings Corp., operator of the Fairway Market grocery chain, said Wednesday that it raised $177.5 million in its initial public offering after pricing the shares above the marketed range.

    Fairway sold 13.65 million shares for $13 each, according to data compiled by Bloomberg, after offering them for $10 to $12. At the offering price, the company has a market value of about $536 million.

    The shares, which represent a 33% stake, will be listed on the Nasdaq Stock Market under the symbol FWM.

  • Walmart unveils sustainable commitments in global meeting

    Bentonville, Ark. -- In its Global Sustainability Milestone Meeting on Monday, Walmart announced new commitments the retailer says will dramatically increase energy efficiency and renewables, and hasten its path toward being 100% supplied by renewable energy.

    Walmart president and CEO Mike Duke outlined specific goals the company said it intends to achieve by Dec. 31, 2020:

  • Plaza at Preston Center to unveil new tenants, expansion

    Dallas -- Venture Commercial said Monday that The Plaza at Preston Center, in Dallas, will see the Texas debuts of Sprinkles Ice Cream and True Food Kitchen this spring, and international retailers LUBLU Kira Plastinina and Aftershock London have selected The Plaza for their flagship U.S. stores.

    Venture, which serves as the exclusive broker for the lifestyle center located in the heart of the Park City neighborhood, also said that Sprinkles Cupcakes and Calypso St. Barth are expanding and/or relocating their stores at The Plaza.

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