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Supermarket/Grocery

  • Costco sales rise but miss forecasts in Q4

    New York -- Changes in foreign exchange rates had a negative impact on Costco’s comparable store sales for the fourth quarter ended Sept. 1, but the wholesaler still reported increases in both its U.S. and international markets. 

    The company’s comparable sales for the quarter increased 5%. U.S. comparable store sales increased 5% for the quarter, while international comparable store sales increased 4%. 

  • Five new retailers to The Shoppes at Chino Hills

    Chino Hills, Calif. — The Shoppes at Chino Hills, a 380,000-sq.-ft. community and lifestyle center in Chino Hills, Calif., has announced leases with five new retailers.

    DB Shoes has opened its first Inland Empire store in a 6,100-sq.-ft. space next to Aeropostale.

    Another Inland Empire first is The Kickin’ Crab, set to open in the spring of 2014.

    Originally an online business, Kid’s Wonderland recently opened its first brick-and-mortar retail location at Chino Hills.

  • Bi-Lo Holdings to continue Harveys banner, retire Sweetbay and Reid’s

    Jacksonville, Fla. -- Bi-Lo and Winn-Dixie parent Bi-Lo Holdings said it would begin in 2014 the process of converting all Sweetbay stores to the Winn-Dixie name and Reid's stores to Bi-Lo, but that the Harveys banner would remain intact.

    The grocery retailer acquired all three banners from Brussels, Belgium-based Delhaize Group last May.

  • Walmart splits with Indian JV partner

    Walmart and its joint venture partner in India, Bharti Enterprises, are parting ways after six years, the companies announced.

    Plans call for Walmart to acquire Bharti’s 50% stake in their joint venture begun in 2007 to operate cash and carry wholesale stores branded as Best Price Modern Wholesale. At the time, that was the only sector of retail where Indian law allowed for foreign direct investment. The first Best Price store opened in 2009 and today there are 20 units spread throughout India.

  • Palmetto Gardens pays off loan, avoids foreclosure, signs Wal-Mart

    Miami Gardens, Fla. — The owners of Palmetto Gardens Plaza, a 7.1-acre center in Miami Gardens, have reached a settlement with PNC Bank, secured a new loan with Hudson Financial Services and signed a lease with Wal-Mart for a Neighborhood Market Store as its anchor tenant.

    In January of 2010, PNC Bank filed a foreclosure action against Palmetto Design Center, the property owner. That action has been settled.

  • Bi-Lo Holdings to retire Sweetbay and Reid’s banners

    Bi-Lo and Winn-Dixie parent Bi-Lo Holdings plans to retire the Sweetbay and Reid’s banners. The company will begin converting all Sweetbay stores to the Winn-Dixie name and Reid's stores to Bi-Lo in 2014, and confirmed the Harveys banner would remain intact.

    The grocery retailer acquired all three banners from Brussels, Belgium-based Delhaize Group last May.

  • Charlotte Russe to open at Moorestown Mall

    Moorestown, N.J. — Charlotte Russe will join Moorestown Mall’s lineup this fall with a 5,000-sq.-ft. store located in the center of the mall. Over the next several months, Marc Vetri’s Osteria, Firebirds Wood Fired Grill, Corner Bakery and the Regal Premium Experience (RPX) Theater will open stores in the mall as well. Distrito by Jose Garces is set to join the mall in 2014.

  • Inland American selects JLL to lease seven centers

    Dallas — Jones Lang LaSalle Retail will lease seven shopping centers in the Dallas region for American Retail Management LLC and Inland Diversified. The properties total more than one million sq. ft. and are nearly 95% occupied. The assignments include:

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