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Supermarket/Grocery

  • Grocery group adds sales and tech talent

    Jeff Zoss and Scott Simerlein have joined The Grocery Shopping Network, Inc., a provider of digital shopper planning and marketing tools for grocery retailers, consumer packaged goods companies and shoppers.

  • JLL adds tenant rep in Chicago

    Chicago -- Jones Lang LaSalle has brought on Adam Cody as a VP in its Chicago office. He will work with executive VPs Lew Kornberg and Walter Wahlfeldt to expand the firm's retail tenant representation capabilities.

  • Food safety platform adopted by second ROFDA wholesaler

    A second Retailer Owned Food Distributors & Associates (ROFDA) wholesaler is adopting ReposiTrak, a food safety platform.

    Powered by Park City Group’s technology, ReposiTrak aims to help manage regulatory, financial and brand risk associated with issues of food safety in the global food supply chain, and remain in compliance with rapidly evolving regulations in the Food Safety Modernization Act.

  • SRS Real Estate Partners July transactions

    Dallas -- SRS Real Estate Partners (SRS) announces highlights of August transactions and new assignments.

    Atlanta:
    Shoe Carnival has executed a new lease for an 11,542-sq.-ft. space at Heritage Pavilion in Smyrna, Ga. The new location is expected to open in October 2013. SRS represented the tenant in this transaction. Developers Diversified Realty represented the landlord.

  • Food Lion kicks off fall football campaign

    SALISBURY, N.C. — Food Lion will kick off its Children's Miracle Network Hospitals Fall Football Campaign this week. The campaign will run through Sept. 17 to support local children and their families receiving medical care from 26 children's hospitals.

  • Best Buy renews at Aventura Commons

    Aventura, Fla. — Best Buy has signed a long-term lease renewal for 45,729 sq. ft. at Aventura Commons in Aventura, Fla., according to the Berkowitz Development Group, the landlord.

    Other national tenants in the 267,000-sq.-ft. center include Target, Whole Foods, PetSmart and Ulta.

     

  • Deer Grove in Palatine, Ill., bought for $20 million

    Chicago — Transwestern’s Chicago office has brokered the sale of the 236,173-sq.-ft. Deer Grove Shopping Centre in Palatine, Ill., to Ramco Gershenson for $20 million. Transwestern www.transwestern.net represented the seller, C-III Asset Management.

    The property is anchored by Dominick’s, a Chicago-based grocer, and national tenants including TJ Maxx/Home Goods, Petco and Staples. A Target and Home Depot shadow anchor the property.

  • Fred's ‘pleased’ with Q2 performance

    MEMPHIS, Tenn. — Fred's experienced growth in sales, customer traffic, average ticket and gross margin for the second quarter ended Aug. 3.

    The company’s net income for the quarter was $3.3 million, or $0.09 per diluted share, compared with net income of $6.1 million, or $0.17 per diluted share, in the year-earlier period. However, the prior-year quarter included a benefit of approximately $4 million, or $0.11 per diluted share, for favorable tax credits. 

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