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Supermarket/Grocery

  • Retail Opportunity Investment Corp. buys Fallbrook Shopping Center

    San Diego - Retail Opportunity Investments Corp. has completed the acquisition of Fallbrook Shopping Center, located in West Hills, California. ROIC acquired the property for $210 million in cash funded by a borrowing under its unsecured credit facility.

  • A.T. Kearney: Chile and China tops for emerging market retail expansion

    Chicago -- Chile is the number one destination for emerging market retail expansion, followed by China, where retail sales totaled a whopping $3.7 trillion in 2013, according to the 2014 A.T. Kearney Global Retail Development Index.

    With Uruguay, Brazil, Peru, Panama, Colombia, Costa Rica and Mexico also in the index of top emerging economies ready for retail expansion, Latin America continues to show strength as a regional retail growth market.

  • Divaris announces leases for Richmond shopping centers

    Richmond, Va. — Divaris Real Estate has leased shopping center space in Richmond to two retailers and a restaurant: Family Dollar, Wilson Lee Interiors and Hanako.

    Family Dollar renewed its lease for 7,150 sq. ft. in the Divaris-leased and –managed Midlothian Crossing. Divaris represented the landlord, Midlothian Associates, in the transaction.

  • Groceries from strangers: Instacart poised for expansion

    Crowdsourced grocery delivery provider Instacart is expanding its same day and one-hour service to new markets after receiving $44 million in funding from some big name Silicon Valley investors.

  • Tax benefit boosts 99 Cents Only profit in Q1

    City of Commerce, Calif. — 99 Cents Only Stores LLC reported net income of $9.57 million in the first quarter of fiscal 2015, up from $897,000 in the same quarter a year earlier. 

    Net sales rose $477.9 million, up 7% from $445.2 million in the first quarter of fiscal 2014. 

  • Survey: Private Label Groceries Growing in Popularity

    BOULDER, Colo. — More shoppers are purchasing private label (store brand) products in 2014 compared to the prior year. According to a recent study of more than 6,200 consumers by Market Force Information, 98% of shoppers purchase private label food items or cleaning products at least some of the time, on the rise from 96% in 2013. 

  • Survey: Online grocery shoppers make fewer impulse buys

    London, U.K. — Online grocery shoppers tend to buy fewer impulse purchases online than in store, resulting in smaller basket sizes. A recent survey of 1,154 online grocery shoppers from EDigitalResearch found that 29% of respondents feel that they make far fewer impulse purchases online than in store. 

  • New flower bears name of Roundy's exec

    Roundy’s Supermarkets executive Kathy Hession has received an unconventional accolade for her long-running contributions to the floral industry.

  • Newell CEO joins Colgate board

    Newell Rubbermaid president and CEO Michael Polk has joined the board of directors of Colgate-Palmolive. The move comes a little more than a month after the CPG company’s shareholders elected a slate of 10 directors.

  • Report: Kroger to build Atlanta DC

    Cincinnati — Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area. According to the Cincinnati Business Courier, Kroger will open the 1 million-sq.-ft. facility in the suburb of Forest Park, on the site of the former Fort Gillem army base by September 2015.

    The distribution center will open with 700 to 900 skilled workers, and eventually employ about 1,500 people. Kroger declined to comment on the report.

     

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