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Supermarket/Grocery

  • NRF: Imports to increase in March

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 12.4% in March 2014 as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates.

  • Aldi modernizes with SAP

    Essen, Germany – German supermarket chain Aldi Nord has selected the SAP for Retail solution portfolio to support its dynamic growth and modernize its retailing. The standard enterprise resource planning (ERP) solution will replace the company’s previous in-house system and will be used to manage retail processes at all company locations, from orders and warehouse management to store deliveries.

  • Mind-Body Studio takes 7th Manhattan location

    New York — An ~exhale MINDBODYSPA has leased 3,027-sq.-ft. location in Manhattan’s Flatiron District, where Flatiron and Chelsea meet. It is a strong retail neighborhood with national fashion and specialty retailers along Fifth Avenue including Anthropologie, J.Crew, Club Monaco, kate spade, Nike, Intermix and Sephora. There are larger format retailers in the area, too: Bed Bath & Beyond, The Container Store, Sports Authority, Staples, Men’s Wearhouse, Trader Joe’s and Marshalls along Sixth Avenue.

  • Whole Foods leases space at The Summit in Lexington, Ky.

    Birmingham, Ala. — Whole Foods Market has signed a lease for 40,000 sq. ft. at The Summit in Lexington, Ky. Currently under development by Bayer Properties LLC www.bayerproperties.com, The Summit Lexington is a mixed-use project with 450,000 sq. ft. of retail and restaurants plus 306 multi-family residential units.

    Phase I of the project will open during the spring of 2016 with 340,000 sq. ft. of retail and the full complement of the planned 306 residential units. Phase II will add 110,000 sq. ft. of retail.

  • Pottery Barn inks deal with Nashville center

    Nashville, Tenn. — Pottery Barn has leased 12,684 sq. ft. in Hill Center Green Hills, a 220,000-sq.-ft. mixed-use open-air lifestyle center in Nashville, Tenn. The lease is with Williams-Sonoma, Pottery Barn’s parent company.

    Owner and developer H.G. Hill Realty Co. www.hghill.com, plans to begin redeveloping Hill Center Green Hills early in 2015. Pottery Bar expects to begin its build-out in the fall of 2015.

  • Chiquita and Fyffes combine to create global produce company

    Chiquita Brands International plans to combine with and Fyffes, an international importer and distributor of tropical produce, in a stock-for-stock transaction that will create a global banana and other fresh produce company with approximately $4.6 billion in annual revenues.

    Once the transaction is completed, before the end of 2014, Chiquita shareholders will own approximately 50.7% of ChiquitaFyffes, while Fyffes shareholders will own the remaining 49.3%, on a fully diluted basis.

  • What loyalty looks like in 2014

    With Amazon’s customer retention rate hovering north of 90%, customer loyalty initiatives are understandably at the top of every retail CMO’s to-do list. Of course, it’s harder these days to find room in consumers’ wallets for another membership card, what with American households belonging to an average of 22 loyalty programs, according to the loyalty research unit Colloquy. But Colloquy also found that each household’s activity was concentrated on fewer than half that number of programs.

  • Ross Stores’ expansion plans on track

    As other retailers make headlines for store closings, Ross Stores’ 2014 expansion plans remain on track. The off-price retailer has already opened 30 Ross Dress for Less and seven dd's Discounts stores in 14 different states, and there's more to come.

  • Bi-Lo converts Harveys, Winn-Dixie stores to new banners

    Jacksonville, Fla. -- Bi-Lo Holdings, LLC, parent company of Bi-Lo and Winn-Dixie supermarket chains, is converting seven existing Harveys stores to Winn-Dixie stores and three existing Winn-Dixie stores to Harveys stores. These stores are part of the pending acquisition of 134 operating stores from Delhaize Group.

    Harveys stores in Brunswick, St. Marys and Valdosta, Ga. are affected, as are Winn-Dixie stores in Americus, Albany, and Leesburg, Ga.

  • Board changes at Supervalu in wake of acquisition

    New York -- Supervalu directors Mark Neporent and Lenard Tessler have stepped down from the company’s board of directors as a result of Cerberus-owned Albertsons’ deal to acquire Safeway.

    Neporent and Tessler were both appointed to the Supervalu board in 2013 as designees of Symphony Investors, a Cerberus Capital Management L.P.-led investor consortium. Symphony Investors owns approximately 20.9% of Supervalu’s outstanding common stock, and has the right to designate replacement directors for Neporent and Tessler.

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