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Supermarket/Grocery

  • DLC Management Corp. acquires The Shoppes At South Hills

    Poughkeepsie, New York - DLC Management Corporation announced its latest acquisition: The Shoppes at South Hills, a 518,000-sq.-ft. grocery-anchored power center in Poughkeepsie, New York.   This acquisition aligns well with DLC’s operations and features anchor tenants ShopRite, Burlington Coat Factory, Christmas Tree Shop, Hobby Lobby and Kmart. Other tenants include Ashley Furniture HomeStore, Bob’s Discount Furniture, and Chuck E. Cheese’s.   
  • Walmex bank division sells for $247 million

    Mexico City, Mexico - Grupo Financiero Inbursa, a banking firm owned by Mexican billionaire Carlos Slim, has reportedly bought the bank division of Wal-Mart de Mexico (Walmex) for $246.94 million, or 1.7 times Walmex’s bank capital.

     

    According to Reuters, Walmex has been focusing on selling its non-core assets, such as its restaurant division, in the past year.

  • Wal-Mart’s Latin American chief to also serve as CEO of Mexican unit

    Mexico City - Wal-Mart de Mexico said that that Enrique Ostale, Walmex chairman and Latin America CEO for Wal-Mart Stores, will also take over as CEO of the Mexican company, effective January 1.  
  • Walmart unveils new poultry rules

    Walmart is instituting new rules on poultry safety as the company looks to protect customers from foodborne illness.

    Walmart’s enhanced poultry safety measures will require poultry suppliers to achieve prevention-based certification by one of the Global Food Safety Initiative's recognized standards. Walmart said poultry suppliers must implement "holistic controls" from farm to fork; the controls must significantly reduce potential contamination levels, including chicken parts.

  • 2015 commercial construction predictions: improved economy to mean more construction and renovations

    Chicago - Top commercial construction trends for 2015 include an increase in retail and restaurant ground-up construction and a rise in shopping mall renovations, according to national general construction firm Englewood Construction.  
  • Meijer makes holiday magic for customers

    Meijer has made the holidays a lot merrier for 213 very special customers.

    The retailer picked 213 customers at random to get a big surprise at checkout: their entire shopping cart filled with gifts and groceries was given to them as a holiday gift.

  • Meijer gives 213 customers free merchandise for holidays

    Grand Rapids, Mich. - Meijer made the holidays very merry for 213 unsuspecting customers recently when those shoppers received a big surprise upon checkout – their entire shopping cart filled with gifts and groceries given to them as a holiday gift.

    During the “Very Merry Meijer” event, one customer at each of the retailer's 213 stores across the Midwest was randomly selected on Dec. 13 to receive their purchases free.

  • Kroger joins Energy Star elite

    Cincinnati - The Kroger Co. has been accepted as an “Elite Member” of Energy Star Certification Nation by the U.S. Environmental Protection Agency (EPA).  Kroger was the only grocery retailer granted Elite Member certification status, which was granted to organizations that earned Energy Star certification for at least 150 buildings in 2014.  
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