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Supermarket/Grocery

  • Publix Q4 profit up 7.4%

    Lakeland, Fla. -- Publix Super Market Inc.’s net earnings in the fourth quarter rose 7.4% to $422 million, compared to $392.8 million in the year-ago period.

    Sales in the quarter, ended Dec. 28, 2013, rose 5.3% to $7.4 billion, from $7 billion last year.

    “I’m pleased our operating performance resulted in another increase in our stock price,” said Publix CEO Ed Crenshaw. “Our associates— the owners of Publix — deserve the credit for this achievement.”

  • H.E.B, Trader Joe’s, Chick-fil-A and Publix tops in customer experience survey

    Waban, Mass. -- H.E.B. Grocery, Trader Joe's, Chick-fil-A, and Publix earned the highest scores in the 2014 Temkin Experience Ratings, which ranked 268 companies across 19 industries. Joining those firms in the top 14 spots are Aldi, Food Lion, Sonic Drive-In, credit unions, Dairy Queen, Kroger, Piggly Wiggly, Regions, Sam's Club, and Starbucks.

  • Price Shopper names VP of construction

    Schenectady, N.Y. -- Price Choppers Supermarkets/Golub Corp. has named Ryan C. Hill as VP of construction and engineering. He will be responsible for planning the overall engineering, architectural and construction activities for the 132-store chain.

    Hill comes to Price Chopper from Walgreens, where he served as senior director of construction.

  • Michigan Rising?

    Speaking with Ron Goldstone, senior VP at Southfield, Mich.-based Farbman Group really got my juices flowing about the Midwest retail real estate marketplace — Michigan in particular. The state’s retail real estate market is an interesting candidate for closer study, simply because the Detroit dynamic, even in its extremes, gives us a valuable perspective on the national landscape:

  • Open-Air Centers: Project Profiles

    CROSSROADS

    Location: Irvine, Calif., at the intersection of Culver Drive and Barranca Parkway. Average daily traffic is 43,000 vehicles.

    Size: 334,000-sq.-ft. community center

    Developer: Irvine Co. Retail Properties

  • Markets to Watch

    Remember 2011 and 2012? Back then, the forecasters were saying that the economy would probably be sluggish through 2013. After that, starting in 2014, growth would return.

  • Let Us Entertain You

    As a category of shopping center, open-air centers have been evolving ever since the days they were called lifestyle centers. New categories of tenants have evolved, along with new ways of creating compelling tenant mixes and environments. We asked three open-air owners to tell us about current and possible future directions that evolution may take.

     

    The companies are San Diego-based American Assets Trust; Irvine Co. Retail Properties in Irvine, Calif.; and Columbus, Ohio-based Glimcher Realty Trust. Here’s what they had to say.

  • Making Stores Accessible

    By Alan Gettelman and Richard Duncan

    It’s a fact: Safety awareness and accessibility compliance translates into ease of use for all customers. The Americans with Disability Act Accessibility Standards (ADAS) and ASTM (American Society of Testing and Materials) requirements not only make store spaces accessible, but should also help owners/operators avoid complaints and possible penalties.

    Here are some key points:

  • Looking to the Future

    Think brick-and-mortar retail is doomed in an increasingly digital world? Visit Sephora, where consumers line up to sample the dizzying array of beauty products. Watch as a bunch of excited kids go through the rounds at Build-A-Bear-Workshop. Listen as a pharmacist at Walgreens gives some advice to a harried mom whose kids are coming down with something. Stop in at H-E-B, Whole Foods Market or some other great supermarket and breathe in the tantalizing aromas. Fool around with the latest gadgets at Apple or one of the new generation of AT&T and Verizon stores.

  • Wegmans plans Massachusetts expansion

    Gates, N.Y. - Wegmans Food Markets begins recruitment for full-time positions March 4 for its latest Massachusetts location, Burlington, which is scheduled to open in fall 2014. The company's third location in the state is a 135,000 sq.-ft. supermarket that includes a Market Cafe with indoor and outdoor seating. Going forward, Wegmans also plans to open more stores in Massachusetts, including a location in Westwood, in 2015.

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