Supermarket/Grocery

New York -- Governor Jerry Brown of California on Wednesday signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years. The increase will make California's minimum wage the highest in the country.

The wage increase will go into effect in two separate $1 increments, going from the current minimum of $8 to $9 on July 1, 2014, and then to $10, on January 1, 2016.

Monrovia, Calif. – Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

According to the Hingham Journal, Trader Joe’s signed a lease with Samuels & Associates in winter 2012 to open a 12,000-sq.-ft. store in the Launch portion of the Shipyard complex.

Southeastern Grocers, parent company of Bi-Lo and Winn-Dixie supermarkets, has filed a registration statement on a proposed initial public offering.  

The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

Citigroup, Credit Suisse and Deutsche Bank Securities will act as representatives of the underwriters for the offering, and, together with William Blair and Wells Fargo Securities, will act as joint book-running managers for the offering. 

City of Commerce, Calif. – 99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

99 Cents Only is opening its first store in Laveen, Ariz. at 3610 West Baseline Road. The store is approximately 11,685 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

Loblaw has announced a string of executive moves, including the appointment of Mark Butler as EVP integration, who is charged with integrating the recently acquired Shoppers Drug Mart.

In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. And subject to completion of the transaction following review by the Competition Bureau, Butler will lead the team charged with delivering synergies. He has 37 years with Loblaw, and most recently was EVP conventional division.

New York -- The parent company of Bi-Lo and Winn-Dixie supermarkets, Southeaster Grocers, has filed for an initial public offering.  

The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

Arlington, Texas — With more than 135 stores across the country, Pet Supermarket has leased 6,000 sq. ft. of retail space in Fielder Plaza, a community retail center in Arlington, Texas.

The Weitzman Group, the exclusive retail-leasing agent for the center, handled negotiations for the transaction. Pet Supermarket will join Tom Thumb grocery, CVS/pharmacy, Starbucks, Allstate, T-Mobile and others. Cencor Realty Services manages Fielder Plaza.

Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.