Supermarket/Grocery

Madrid, Spain – Spanish retail chains including department store retailer El Corte Ingles and supermarket retailer BonPreu are leveraging a new smartphone-based payment solution. The retailers are deploying the digital payment network from Dinube, which uses tokenization, Near Field Communication (NFC) technology and biometric fingerprint security to replace card-based payments.

Hoboken, N.J. – New membership-based Jet.com officially took off into wide rollout on July 21, and initial pricing analysis shows it is flying beneath competitors Amazon.com and Wal-Mart when it comes to what customers are paying.

Online retailer Jet.com is all about low prices and so far the upstart membership club competitor is living up to it value proposition.

Irvine, Calif. - Irvine Company Retail Properties is opening new restaurants across its Orange County portfolio in California, including Fashion Island, Irvine Spectrum Center, The Market Place, and several community centers.  

Commerce, Calif. – Smart & Final Stores Inc. reported net income of $11 million in the second quarter of fiscal 2015, essentially flat compared to $11.1 million in the year-earlier period. Higher expenses related to higher sales volumes, increased store support costs, additional marketing expense, and public company costs inhibited profit growth.

Neckarlsum, Germany — German discount grocer Lidl is applying business intelligence technology to its planned expansion into the U.S.

Lidl, which operates nearly 10,000 stores and 130 distribution centers across 26 countries, will use solutions based on the SAP HANA business intelligence platform to support its IT strategy for entering the U.S. market.

Madrid, Spain – Spanish retail chains including department store retailer El Corte Ingles and supermarket retailer BonPreu are leveraging a new smartphone-based payment solution. The retailers are deploying the digital payment network from Dinube, which uses tokenization, Near Field Communication (NFC) technology and biometric fingerprint security to replace card-based payments.

Cincinnati - Phillips Edison Grocery Center REIT II Inc. has acquired two grocery-anchored shopping centers, expanding the company's portfolio in Colorado. Meadows on the Parkway is a 216,437-sq.-ft. grocery store-anchored shopping center in Boulder, Colorado, The center is anchored by Safeway and also features national tenants Subway, Regus, Great Clips, Michaels, Anytime Fitness and Fast Signs.