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Supermarket/Grocery

  • CBRE brokers sale of Houston-area center

    Houston -- CBRE’s national retail investment group has arranged the sale of Sheldon Forest Shopping Center in Channelview, Texas, east of Houston, on behalf of Weingarten Realty Investors.

    Gerland’s Food Fair anchors the 97,380-sq.-ft. center. Major tenants include Family Dollar and Burke’s Outlet. Both Phase I and II of the center are 100% occupied.

    Capcor Partners purchased the property for an undisclosed price.

     

  • Report: Parents seek healthy food for kids

    Chicago – Parents want to buy food and beverages for their kids that are healthy and appeal to the entire family. Results of a new proprietary study from food processing company Cargill show that 89% of parents said they ask their kids to broaden their tastes, and 69% said they ask their kids to try more adult food.

  • Retail sales up 6% from last year

    Washington, D.C. – U.S. retail and food services sales totaled $422.8 billion last month, according to new advance estimates from the U.S. Census Bureau. This represents a 0.4% increase from $421.2 billion in the prior month, and a more substantial 5.7% increase from $399.9 billion in the same month last year.

  • Loblaw to acquire Shoppers Drug Mart in $12 billion deal

    Brampton, Ontario – Loblaw Companies Limited announced it will acquire Shoppers Drug Mart in a deal worth about $11.9 billion, merging the Canadian grocery and drug retailers. Shoppers Drug Mart will retain its name and brand and operate as a separate division of Loblaw while expanding its product offerings to include Loblaw's private label and convenience food products. Shoppers Drug Mart gives Loblaw entry into the small urban store sector.

  • Bonefish Grill enters Massachusetts market in Burlington, Mass.

    Boston -- Bonefish Grill has signed up for 4,614 sq. ft. at the Wayside Shopping Center in Burlington, Mass., the retailer’s first Massachusetts location, according to The Wilder Cos., Wayside’s leasing, management and development firm.

    Part of the multi-phase revitalization of the open-air center, Bonefish anticipates opening in late fall of this year.

  • What retailers need to know about the new $100 bill

    MT. PROSPECT, Ill. — A newly redesigned $100 bill designed to thwart the efforts of counterfeiters is due to hit the market in early October, creating new challenges for retailers.

    In recent years, the United States government redesigned multiple banknotes to curb counterfeiting. As Cummins Allison, a leading innovator and provider of coin, currency and check handling solutions, explains, government officials are always looking for ways to stay one step ahead of those trying to forge U.S. currency.

  • Former Schwan's exec appointed to dessert board

    NEWBURYPORT, Mass. — Foodservice Industry veteran Mike Pennella has agreed to serve as an adviser to the board Dianne's Fine Desserts' board of directors.

  • Sara Lee gets a slice of the school menu

    CHICAGO — Sara Lee Foodservice, a division of the Hillshire Brands Company, has introduced a line of products aimed at the kindergarten-12th grade education sector, focusing on turkey items for both breakfast and lunch.

    Additionally, Sara Lee Foodservice will be participating in the United States Department of Agriculture Commodity Food Distribution Program that enables schools to purchase items at reduced prices.

  • Accenture globalization report finds emerging market retailers on the move

    New York -- The growing appeal of smaller format stores and the increasing number of international moves by emerging market retailers are two of the key trends revealed in the Accenture Globalization Index, Quarter One 2013.

  • Loblaw to test natural foods store concept

    New York -- Canadian grocery giant Loblaw Cos. will test a new retail concept called Nutshell Live Life Well, a freestanding brand targeted to health-conscious shoppers, the Financial Post reported. The move comes as Whole Foods Market eyes greater expansion in Canada.

    The first Nutshell will open this fall in downtown Toronto. It will feature a broad assortment of prepared, fresh and packaged foods, a prescription pharmacy, natural health and beauty products, vitamins and supplements.

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