Supermarket/Grocery

Salt Lake City - The Howard Hughes Corporation (HHC) and Smith’s Food & Drug are planning a 78,000-sq.-ft.food and drug store in Holladay, Utah. The 57-acre mixed-use Cottonwood development, located eight miles from downtown Salt Lake Cit, will feature upscale shopping, dining, entertainment and offices in a “Town Square” style setting as well as multi-family residences when complete.

Mumbai, India – In a move that may have implications for Wal-Mart, French retailer Carrefour S.A. will reportedly shutter its five Indian wholesale stores by the end of September 2014. According to Reuters, Carrefour is in advanced talks to sell its Indian assets to an unspecified buyer.

Free Standing Insert (FSI) coupon activity increased 3.4% based on Coupons Dropped during the first six months of 2014 versus the same time period in 2013, according to Marx, a Kantar Media solution.

FSI Coupons Dropped within non-food categories increased 8.2% to represent 65% of the 158 billion FSI coupons distributed during this period.

New York -- Crumbs Bake Shops on Monday closed its 48 stores. The cupcake store chain has been struggling for some time. In a May filing with the Securities and Exchange Commission, it warned that it "may be forced to curtail or cease its activities" if its operations didn't generate enough cash flow.

Last week, Nasdaq suspended the trading of Crumbs shares on the grounds that the company no longer had at least $2.5 million in shareholder equity, or met benchmarks for an annual net profit.

Newport News, Va. - Marketplace at Tech Center, a mixed-use lifestyle center Newport News, Va., will be the site of several stores and restaurants that cannot currently be found elsewhere on the Virginia Peninsula. These “first-to-market” retailers (with the exception of those that have outlet stores in Williamsburg) that have inked deals include:

• Whole Foods: 35,000-sq.-ft. of retail space
• DSW Shoe Warehouse: 18,062-sq.-ft. of retail space
• BJ’s Brewhouse: 7,400-sq.-ft. of retail space

By Keith Carpentier, senior business development manager, Tensator
 

Acosta Sales & Marketing, a leading full-service sales and marketing agency in the consumer packaged goods industry, has reported that more than 30 national leading consumer brands and 100 grocery retail banners have pledged to support this generation of veterans by participating in the 2014 Wounded Warrior Project Believe in Heroes campaign.

Believe in Heroes benefits Wounded Warrior Project (WWP), a nonprofit organization whose mission is to honor and empower Wounded Warriors.

By Jason Baker and Kenneth Katz, co-founders and principals, Baker Katz