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Supermarket/Grocery

  • KeyPoint Partners closes eight deals

    Burlington, Mass. — The investment sales team at KeyPoint Partners has completed the sale of eight properties throughout New England. Totaling about 440,000 sq. ft., the properties consist of shopping centers, mixed-use and single-tenant buildings in Massachusetts, Rhode Island, New Hampshire and Connecticut. The aggregate price of the properties was in excess of $30 million. The properties include:

    • Shaw’s Plaza, a 121,660-sq.-ft. shopping center in Providence, R.I.

  • Supervalu plans first-ever national sales expo

    Supervalu plans to host its first-ever national sales expo, Sales 4 All Seasons, this summer.

  • Food Lion launches grocery coupons tool

    Food Lion has unveiled a new online tool, MVP Coupon Hub, to make accessing grocery coupons online easier for customers.

    The new tool, found on the grocer’s website features load-to-card and printable coupons.

  • Walmart doubles down on Canadian brick and mortar

    Walmart is marking the 20th anniversary of its entry into Canada this year by spending big bucks to expand physical stores and distribution capacity while devoting a much smaller portion of a $500 million budget to e-commerce.

    Walmart said it would spend close to $500 million in Canada this year with $376 million of that amount dedicated to 35 supercenter projects totaling one million square feet of new selling space. Walmart currently operates 389 stores in Canada, of which 247 are supercenters. By year end it expects to have 395 stores of which 282 will be supercenters.

  • Levin announces 27 lease transactions

    North Plainfield, N.J. — Levin Management inked 27 new leases and lease renewals totaling more than 190,000 sq. ft. over the past several months.

    Northern New Jersey (Passaic, Essex, Bergen and Somerset counties)

    • At West Orange Plaza in West Orange, Essex County, Levin signed a 14,115-sq.-ft. lease with Retro Fitness. In neighboring Passaic County, at Clifton Plaza in Clifton, Levin signed another gym for 15,000 sq. ft. and is overseeing its ground-up construction there.

  • Tractor Supply names Luxottica exec to board

    Brentwood, Tenn. – Tractor Supply Company has named Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

  • Tractor Supply adds Luxottica exec to board

    Tractor Supply Company has elected Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

    Prior to his various positions at Luxottica, Weikel served as COO of Lord & Taylor. Before Lord & Taylor, Weikel was president & COO of Victoria's Secret Stores at Limited Brands. Earlier in his career, Weikel held several management positions at the May Department Stores Company.

  • Cobbs Ford Village in Prattville, Ala., adds tenants

    Nashville, Tenn.GBT Realty has announced that Firehouse Subs, Aspen Dental, Bama Fever Tiger Pride, Smashburger and Edible Arrangements will be coming to Cobbs Ford Village, a new in-line shopping center in Prattville, Ala.

    Starbuck’s and Gigi’s Cupcakes have already opened at the shopping center, and Chipotle will open in mid February. Two 1,600-sq.-ft. places remain available.

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