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Supermarket/Grocery

  • JLL adds retail expertise in San Francisco Bay area

    San Francisco--JLL announced that it has expanded its retail brokerage practice in Northern California with the addition of Jamie Kendall as VP. Kendall will be based in the firm’s San Francisco office, and will partner with the firm’s existing retail, agency leasing and investment sales teams to help maximize the value of retail assets for JLL’s growing client base in downtown San Francisco.

  • Delhaize bails on Bottom Dollar

    ALDI is accelerating its growth and dramatically increasing its presence in the Northeast with the acquisition of 66 Bottom Dollar Food stores from Delhaize Group.

    Delhaize said it reached an agreement to sell its 66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets for $15 million and associated lease liabilities. Delhaize said it would take an asset impairment charge of $180 million in conjunction with the sale.

  • Roundy’s swings to loss in Q3 on impairment, expenses

    Milwaukee –- Roundy’s Inc. swung to a net loss of $249.9 million in the third quarter of fiscal 2014 from net income of $3.2 million the same quarter a year earlier. A variety of impairment charges, including charges related to closing a distribution center, taxes and disposal of obsolete assets, drove Roundy’s into the red, along with higher operating and administrative expenses.  
  • Panera Bread to make debut in Culver City

    Los Angeles -- Real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, the chain’s first location in Culver City, Calif. The 5,100-sq.-ft. property is located at 10990 Jefferson Blvd. within the Studio Village Center.  
  • Kate Spade, Lululemon opening at Highland Village

    Jackson, Miss. -- Kate Spade New York and Lululemon Athletica are both opening their first permanent Mississippi locations, as Chestnut Hill, Mass.-based WS Development announced the retailers’ grand opening plans at Highland Village in Jackson, Miss.  
  • Texas gets its 80th Sam’s Club

    The Houston suburb of Richmond is home to Sam’s Club’s 80th location in Texas following the opening of a new unit there on Thursday, Nov. 6.

    Sam’s Club now operates 20 clubs in the sprawling Houston market and the 80 clubs the retailer operates in Texas account for more than 12% of the 643 Sam’s Clubs in operation nationwide as of September 30.

  • Fresh Thyme Farmers Market Takes Root in the Midwest

     

    A new specialty grocer — Fresh Thyme Farmers Market — has big plans for the Midwest. With industry veteran Chris Sherrell at the helm (and an investment interest from Meijer Inc.), the start-up emphasizes natural and organic foods and produce, much of it locally sourced, at value prices in a convenient neighborhood-store format.

  • Dunkin Donuts to open at Westgate Shopping Center

    Portland, Me. -- Charter Realty and Development announced that it has leased space to Dunkin Donuts at Westgate Shopping Center, located in Portland, Me.  Dunkin Donuts took 2,474 sq. ft. and will be joining Shaw’s, CVS, Anytime Fitness, Bank of America, TD Bank North and Advance Auto Parts.  
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