Supermarket/Grocery

Supervalu has begun supplying the first of 18 Rainbow stores that are being acquired as part of the transactions that were announced May 7 between Roundy’s and a consortium of Supervalu and independent retailers.

Following the store conversions, Supervalu will supply all 18 of the acquired stores out of its Hopkins, Minn., distribution center.
 

New York -- Retail sales generally improved in June, helped by good weather and big discounts as retailers look to clear inventory for the back-to-school season.
 
Costco Wholesale Corp. reported a 6% increase in June same-store sales, helped by higher fuel prices. Its results topped Wall Street estimates.

Excluding the impact of foreign exchange rates and gasoline prices, Costco’s same-store sales increased 6% for the five-week period ended July 6. The metric rose 5% in the United States and 7% overseas.  

Sears Holdings’ Shop Your Way membership program and social shopping community has expanded its rewards program with the addition of more than 50 brand-name partners, which means members will be able to earn rewards through more places than ever.

"Members are already shopping for many of these products and services and now they can be rewarded for it," said Eric Jaffe, SVP of Shop Your Way. "Our goal is to make it easy to earn rewards wherever you shop, and our growing partner network shows we are poised to deliver."

Retail sales generally improved in June, helped by good weather and big discounts as retailers look to clear inventory for the back-to-school season.
 
Costco Wholesale Corp. reported a 6% increase in June same-store sales, helped by higher fuel prices. Its results topped Wall Street estimates.

Excluding the impact of foreign exchange rates and gasoline prices, Costco’s same-store sales increased 6% for the five-week period ended July 6. The metric rose 5% in the United States and 7% overseas.  

Sacramento, California — West Coast shopping center owner/operator Pacific Castle has acquired four Sacramento-area properties for approximately $40 million, signaling an ongoing trend to add to the company’s diversified portfolio.

Plymouth Meeting, Pennsylvania — Wolfson Group will launch a redevelopment of Hilltown Crossings, a community shopping center with a gross leasable area of 354,458 sq. ft., located on Route 309 at Orvilla Road in Hatfield, Pennsylvania.

Plymouth Meeting, Pennsylvania —The newly redeveloped MacDade Mall – located at 2600 MacDade Boulevard in Holmes, Pennsylvania – has attracted two new junior anchors: Marshalls, which opened in August 2013, and Ross, which will hold its grand opening this month.

Hermosa Beach, California — Regency Centers announced that Torrance Memorial and Hermosa Beach Fish Shop will open at Plaza Hermosa. Torrance Memorial’s new facility is slated to open this fall and will specialize in primary care and pediatrics. 

La Quinta, California —The Mansour Group has announced the sale of a 36,000-sq.-ft. Stein Mart building located in La Quinta, California. Sale price was approximately $8 million. 

The property was sold via Mansour Group by an unnamed developer to a private, all-cash investor out of San Diego.

The freestanding building is situated in Washington Park, a 600,000-sq.-ft. power and lifestyle center anchored by Lowe’s, Target, Cost Plus, Office Depot, Trader Joe’s with plans for additional construction.

New York -- Uncertainty at the West Coast ports has caused a rush of activity, according to a monthly tracking service.

Import volume at major U.S. container ports is expected to total 1.5 million containers this month, says the Global Port Tracker from the National Retail Federation and Hackett Associates. That’s the highest monthly volume in at least five years and follows a trend of unusually high import levels that began this spring as labor strife pushed retailers to import merchandise ahead of any potential problems.