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Supermarket/Grocery

  • January 8 is deadline for Retail Store of the Year competition

    New York -- Due to the holiday rush and related closings, Chain Store Age has extended the deadline for its 32nd annual Retail Store of the Year Design Competition until Wednesday, January 8, 2014.

    More than 20 competition categories are featured, including department stores, supermarkets, discounters, restaurants, convenience stores, specialty stores, service, sustainability and pop-up stores. This year, for the first time, the competition also includes the category of in-store digital innovation.

  • ICSC: Holiday sales up 1.4% week ending Dec. 21

    New York -- Weekly sales rose by 1.4% for the week ending Dec. 21, 2013. According to figures from the International Council of Shopping Centers (ICSC) and the Goldman Sachs Weekly Chain Store Sales Index, on a year-over-year basis, the pace of sales also improved and grew by 2.7%.

    For December, ICSC Research expects monthly sales will increase between 3% and 4% as the promotional environment continues to be intense.

  • Campbell names new execs to key roles

    Campbell Soup Company begins 2014 with two new executives in key roles as it looks to drive sales in Asia and increase marketing effectiveness in the United States following a difficult first quarter.

  • Report: Kroger renovates Ohio stores; plans to spend $330 million on renovations

    Columbus, Ohio – Kroger reportedly recent spent $9 million on renovating a store in the Columbus, Ohio, area, and plans to spend another $9.4 million renovating three other stores in the area of its headquarters city. According to the Columbus Dispatch, this spending is part of a larger $330 million the retailer plans to spend on renovations by the end of the current fiscal year.

  • Devonshire REIT acquires five Ohio properties

    Whitehouse, Ohio — Devonshire REIT has acquired five retail properties in Ohio for $31 million. The properties include:

    •    Monroe Street Square Shopping, a 124,904-sq.-ft. center in Toledo, Ohio, anchored by Hobby Lobby. Tenants include Sally Beauty Supply, Gamestop, Play It Again Sports and Sprint PCS.

    •    Bed Bath & Beyond Plaza, a 100% leased, 55,139-sq.-ft. center in Toledo, anchored by Bed Bath & Beyond. Tenants include SalonCentric and Edward D. Jones.

  • Arden Group acquisition attracts possible lawsuits

    Compton, Calif. – Numerous law firms have launched investigations into the board of directors of Arden Group, Inc. to determine possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to the investment firm TPG.

  • Aldi embarks on five-year expansion plan

    Discount grocer Aldi is launching a five-year strategic plan to open 650 new stores across the United States. The chain launched its expansion efforts with the decision to build its regional headquarters and distribution center in Moreno Valley, Calif.

  • Survey: Two-in-three consumers finished with holiday shopping

    Charleston, S.C. -- Only two-thirds of Americans are all or almost finished with their holiday shopping as of Dec. 23. Of the 24 retailers surveyed by America’s Research Group and Inmar, only three retained 70% or more of their customer base, with Wal-Mart topping the list at 88.1%, followed closely by Dollar Tree at 80.4%, and Target at 72.1%.

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