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Supermarket/Grocery

  • Mars unveils new candy line in time for Halloween

    Mars Chocolate North America has unveiled a new line of candies in several flavors just in time for Halloween.

    The candy maker announced the release of its latest line, which includes Snickers peanut butter pumpkin-based singles, as well as jack-o-lantern-shaped Snickers-brand pumpkin, available in two packs. The company is also releasing a new large variety bag of Snickers Fun Size canned, available in Snickers Original, Almond and Peanut Butter Squared bars.

  • Expenses, profits bite Village Super Markets net income

    Springfield, N.J. – Village Super Market reported net income of $6.2 million during fourth quarter 2013 and $25.8 million during the full fiscal year. These figures were respectively down 31% from $9 million and 18% from $31.4 million year-over-year.

    The retailer cited the negative impact of higher expenses and lower gross profits as contributing to its drop in net income.

  • DDR announces completion of third quarter transactions

    Beachwood, Ohio — DDR Corp. has announced the closing of its previously announce acquisition activity totaling $591 million. The acquisitions include a portfolio of seven prime power centers in a newly-formed joint venture with an affiliate of Blackstone Real Estate Partners VII L.P. for $332 million in August and two market dominant regional power centers in Orlando, Fla. and Atlanta, Ga., for an aggregate $259 million in July.

  • SRS announces September transactions

    Dallas — SRS Real Estate Partners has announced a September transactions and new assignments carried out by SRS offices across the country.

    SRS Atlanta:
    •    Three new tenants have inked deals at Krog Street Market, a 30,000-sq.-ft. mixed–use redevelopment project owned by Paces Properties. Fred’s Meat & Bread has leased a 600-sq.-ft. space; Gu’s Dumplings has taken 600 sq. ft. and The Little Tart Bakeshop plans to open a 200-sq.-ft. market stall.

  • Fairway Market plans Long Island store

    New York - Fairway Group Holdings Corp., the parent company of grocery chain Fairway Market, will open a 53,000-sq.-ft. store in the DSW Plaza at 4000 Middle Country Road in Lake Grove Long Island, N.Y., in spring 2014.
     
    The new store will be the first Fairway Market location in Suffolk County on Long Island and the 15th food store in the tri-state New York, New Jersey and Connecticut region.

     

  • Report: Holiday hiring up

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  • ECRM: Retail circular advertising trends, September 2013

    ECRM compared retail circular advertising in September 2012 versus September 2013 and noted trends occurring across top retail chains. Home Depot continued to cut circular pages, down 80% year-over-year to only four for September. Despite this, it has continued to dramatically increase the density of its circular, with a 180% increase in ad blocks per page. On the other hand, Lowe’s saw only minor year-over-year changes, with 25% increases in ad blocks per page and per circular.

  • Apple unseats Coke as world’s most valuable brand

    New York -- Apple is the most valuable brand in the world, replacing Coca-Cola, which held the top position for 13 years, according to an annual study by brand consultancy Interbrand.
     
    Apple’s brand value jumped 28% to $98.3 billion, followed by Google, with a brand value of $93.3 billion. Coca-Cola, which has held the top spot since Interbrand issued its first Best Global Brands report in 2000, fell to third place, at $79.2 billion. (The top 25 brands are ranked below.)
         

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