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Supermarket/Grocery

  • SRS Real Estate Partners posts July transactions

    Dallas — During July, SRS Real Estate Partners www.srsre.com executed a host of transactions in major cities across the country:

  • PMA names supermarket industry veteran as president

    NEWARK, Del. — The Produce Marketing Association has appointed Cathy Green Burns as the association’s president, effective December 1, as part of its continued restructuring of the senior leadership team. 

    In her new role, Green Burns will focus initially on leading board and staff team development as well as lending her insight to business development activities. She will report to PMA CEO Bryan Silbermann, who previously held both president and CEO positions.

  • CBRE sells Albuquerque retail center — again

    Dallas — CBRE’s National Retail Investment Group www.cbre.com has arranged the sale of Cottonwood Commons on behalf of Columbus Pacific Properties www.columbuspacific.com. The 191,893-sq.-ft. Class A retail center in Albuquerque sold to Cole Real Estate Investments www.colecapital.com.

  • Publix continues to expand in North Carolina

    Lakeland, Fla. -- Publix Super Markets on Friday announced it will enter the Asheville and Cary markets in North Carolina.

    The supermarket operator will open a 49,000-sq.-ft store in Asheville, complete with a drive-thru pharmacy, in 2015.

    The 49,000-sq.-ft. Cary store is tentatively planned for late 2014.
    Publix previously announced its first three North Carolina locations, opening one in Ballantyne in early 2014 and two in the greater Charlotte area, which is slated for a late 2014 opening date.

  • Post cereal parent company moves to expand brands portfolio

    ST. LOUIS — Cereal maker Post Holdings has signed a definitive agreement to acquire Premier Nutrition, makers of the Joint Juice brand.

    PNC is a rapidly growing marketer and distributor of premium protein beverages and foods under its Premier Protein brand and nutritional supplements under its Joint Juice brand.

  • Report: India eases investment for foreign retailers

    New Delhi, India – The Indian government has eased its notoriously difficult restrictions on how foreign retailers must invest and source when doing business in the country. As reported by Reuters, foreign retailers will still have to source 30% of the products they sell locally, but now have five years to initially reach that goal and then have to meet it annually.

  • NRF: Industry added 37,000 jobs in July

    Washington, D.C. -- The National Retail Federation said the retail industry added 37,000 jobs in the month of July, with increases in general merchandise, food and beverage and building and garden supply stores.

  • Retail hiring drives unemployment rate lower

    WASHINGTON — The National Retail Federation has issued statements from president and CEO Matthew Shay and chief economist Jack Kleinhenz on the July employment numbers.

    NRF pegged retail job gains at 37,000 in July, with increases in general merchandise, food and beverage and building and garden supply stores.

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