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Supermarket/Grocery

  • Retailers remain cautious on merchandise imports

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.



  • Amazon expands test of grocery delivery service to Los Angeles

    New York -- Amazon.com confirmed it is testing its online grocery delivery service in Los Angeles.

    The online retail giant has been testing the service called Amazonfresh, in Seattle for several years. It confirmed Monday that it is now offering the service in Los Angeles, also on a trial basis. Reuters recently reported that the online retail giant will next target the San Francisco area.

  • Retailers add 28K jobs in May

    Washington, D.C. -- U.S. retailers added almost 28,000 new jobs in May, according to statistics from the Department of Labor. This followed 20,000 new retail hires in April.

    Restaurants hired another 38,000 people last month.

    New retail and restaurant hires helped drive the addition of 175,000 total new jobs to the U.S. economy in May.

     

  • Tom Cruise makes surprise appearance at Wal-Mart annual meeting

    Bentonville, Ark. -- Wal-Mart Stores  held its annual shareholders meeting on Friday morning and the most noteworthy development at the event — aside from a $15 billion share repurchase authorization — was a surprise appearance and glowing comments by Hollywood heavyweight Tom Cruise.

  • Harmons Grocery sees store-level savings with Carttronics

    San Diego -- Harmons Grocery, a 16-store regional chain in Utah, is reporting significant benefits from the deployment of in-store solutions from Carttronics. The retailer has implemented  Carttronics’ push-out-prevention, hand-basket protection, cart inventory management, loss prevention video capture and remote system monitoring applications at five locations, with a sixth due to come on board soon.



  • Phillips Edison appoints new GM for The Shoppes at Parma

    CINCINNATI — Phillips Edison & Company has named John S. Kokinchak, SCSM, SCLS, as GM of Parmatown Mall in Parma, Ohio, Cleveland's largest suburb.

    Kokinchak, a veteran executive of the shopping center industry, will assist in leading the transformation of the historic retail location into The Shoppes at Parma, a "Main Street" destination for shopping and dining that will act as a town center for residents of Parma and surrounding communities.

  • Report: Target revs up grocery business

    NEW YORK — Target has set its sights on consumers who want organic, natural products, with a new organic and natural store brand called Simply Balanced, according to a report by the Associated Press.

    Target told the AP that it will begin to roll out drinks and snacks like corn chips on Sunday, June 9. According to the report, the line is an outgrowth of similar products within its existing Archer Farms store brand, which is positioned as a premium alternative to national name brands.

  • Acquisition of Heinz complete

    PITTSBURGH — Berkshire Hathaway and an investment fund affiliated with 3G Capital have completed their acquisition of H.J. Heinz Company. 

    Heinz shareholders will receive $72.50 in cash for each share of common stock they owned as of the effective time of the merger, without interest and less any applicable withholding taxes. As a result of the completion of the merger, the common stock of Heinz will no longer be listed for trading on the New York Stock Exchange and Heinz expects no further trading after the close of business on June 7.

  • NRF: Los Angeles, New York and Chicago are top cities for organized retail crime activity

    Washington, D.C. -- Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

    The NRF’s ninth annual Organized Retail Crime (ORC) Survey found that while organized crime has inched down slightly, it remains widespread. Over 90% (93.5%) of retailers said they had been a victim of organized retail crime during the past year, down from 96% the prior year.

  • Urstadt Biddle acquires two retail properties

    Greenwich, Conn. -- Urstadt Biddle Properties Inc. has acquired two retail properties on Putnam Avenue (US Route 1) in Greenwich, Conn., for $18 million.

    West Putnam Plaza is a 9,300-sq.-ft. retail strip center shadow-anchored by a Stop & Shop supermarket. National tenants include Cosi and JP Morgan Chase Bank. A wine retailer, day spa and women’s fitness studio round out the tenant list.

    The second property is Cos Cob Plaza, a 15,000-sq.-ft. retail and office center. Tenants include Jos. A. Bank.

     

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