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Supermarket/Grocery

  • KeyPoint Partners adds three management, one leasing assignment

    Burlington, Mass. -- KeyPoint Partners said it has added three Massachusetts retail properties to its portfolio that include property management and leasing assignments.

    The firm has been awarded property management contracts for 1080 Route 28, South Yarmouth and 978 Boylston Street, Newton; and property management and leasing contracts for Treble Cove Plaza, Billerica. Marathon Realty awarded the contract.

  • Report: Tesco exploring options for Fresh & Easy

    New York -- British grocery giant Tesco is moving closer to selling off its U.S. Fresh & Easy division, with Tesco CEO Philip Clarke traveling to the United States next week to try and strike a deal, according to a report in the British newspaper, The Telegraph.

    Tesco has held discussions with Trader Joe’s and others about selling Fresh & Easy, but a break-up of the business is considered the most likely option, the report said. Other options include closing the business and selling off assets.

  • Survey names Kohl's, Dollar General, Lowe's among top brands

    NEW YORK — Harris Interactive has revealed the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

  • Weis Markets names VP/corporate controller

    Sunbury, Pa. -- Weis Markets has promoted Paul Stombaugh to VP/corporate controller.

    Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

    Prior to joining the company in 2010, Stombaugh worked in several progressive management roles at Foot Locker’s financial center.

     

  • Harris Poll: Kohl’s, Target and Walgreens among brands of the year

    New York -- Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

    The annual study, conducted by Harris Interactive, reveals the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

  • Safeway, Solohealth sign agreement to install kiosks across store base

    ATLANTA — Safeway has agreed to install SoloHealth Station kiosks across almost 700 stores as part of a multiyear agreement, SoloHealth announced earlier this week. 

    “Safeway shares our commitment of empowering consumers to take charge of their health,” stated Stephen Kendig, chief commercial officer and EVP SoloHealth. “We believe that access, awareness and education are keys to a healthy lifestyle, and we’re bringing comprehensive health and wellness services directly to Safeway’s customers.”

  • NYT Editorial: Congress signals readiness to require sales tax for online retailers

    NEW YORK — The New York Times Editorial Board in an editorial published Tuesday, signaled Congress may be ready to take up the Marketplace Fairness Act of 2013, a bill allowing states to require online retailers to collect sales taxes.

  • Herdez expands cooking sauces line, eyes wider distribution to Walmart

    LOS ANGELES — Herdez, maker of Mexican food products and brand of MegaMex Foods announced today it expects expanded distribution to Walmart stores by June, and filling those shelves will be four new Mexican Cooking Sauces currently lining the sauce aisle at Los Angeles-area Albertsons stores.

    The four new sauces include:

  • Sprouts Farmers Market comes to Houston area

    Houston — Sprouts Farmers Market, an independent natural foods grocery store chain, opened its first Houston-area store today.

    The 25,300-sq.-ft. store opened at the southwest corner of Cinco Ranch Boulevard and Peek Road in Katy, Texas. The store will sell farm-fresh produce and thousands of natural, organic and mainstream food items at an affordable price point.

  • Wal-Mart: Loss from bribery probe likely

    Bentonville, Ark. -- Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.

    According to the filing, Wal-Mart said it expects to incur costs beyond the $157 million it spent on the probes in 2013, but didn’t elaborate on the amount or the size of the potential loss.

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