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Supermarket/Grocery

  • Crossman negotiates three new long-term leases

    Orlando, Fla. -- Crossman & Co. said Friday it has negotiated three lease agreements totaling 4,955 sq. ft. at shopping centers in Largo and Marco Island, Fla.

    Sage’s West Bay Bistro leased 2,023 sq. ft. for five years at Pinellas Shopping Center, in Largo. At the West Bay Village Town Centre, in Largo, La Chic salon and spa leased 1,632 sq. ft. for three years. And, Harrison negotiated a new lease at the Shops of Marco, in Marco Island, along with Sapphire Dry Cleaners for 1,300 sq. ft.
     

  • Report: Sears pushes to lease space to outside retailers

    Hoffman Estates, Ill. -- A Friday report by Wall Street Journal said that Sears Holdings Corp. is in an active push to lease surplus space to other retailers. Its real estate division has listed on its website some 4,000 of its namesake and Kmart stores that have space for other merchants or retail operations to lease.

  • Target finalizes its real estate in Canada; signs deal with Sobeys

    Minneapolis -- Target Corp. said Friday that it has finalized its real estate transaction with Canadian retailer Zellers with the selection of 84 additional Zellers leases. Target Canada will open between 125 and 135 stores, most by 2013. The discounter also entered into a deal with Sobey’s, Canada’s second largest supermarket chain, to supply its stores with food.

  • Burying Borders: An historic funeral home site re-tenants after the book store’s death

    In the December 2007 issue of Chain Store Age, I wrote about an historic structure on St. Charles Avenue in New Orleans, long-occupied by House of Bultman Funeral Home that was undergoing an extensive redevelopment to accommodate the first Borders bookstore in Orleans Parish.

  • Expanded Publix to be unveiled in Boynton Beach redevelopment

    Columbia, S.C. -- Shopping center owner Edens & Avant said Wednesday that an expanded new Publix will open Sept. 2012 at Sunshine Square retail center in Boynton Beach, Fla.

    The centerpiece of the multi-million dollar redevelopment, the new 54,000-sq.-ft. Publix will be more integrated into the overall center, one aspect of a larger plan to improve shopper circulation that also includes enhanced vehicular and pedestrian access.

    The existing Publix store is scheduled to close Sept. 24.

  • Diversity leaders honored at NEW gala

    Former Walmart chief information officer and current HP executive Linda Dillman was among a group of 10 executives honored earlier this week as the inaugural class diversity difference-makers was inducted into the Network of Executive Women CPG Retail Diversity Hall of Fame. The inductees received the William J. Grize Award named after the late president and CEO of Ahold USA whose early support of NEW is credited with jumpstarting the organization, which now includes nearly 5,000 members and 400 companies. Grize died in January 2010 at the age of 63 after a short illness.

  • ICSC: Shopping-center sales will rise 2.2% in 2011

    New York City -- Shopping-center sales in November and December are expected to increase 2.2% relative to the same period a year ago, according to the International Council of Shopping Centers. In 2010, the holiday season posted a 5% gain following two back-to-back declines during the 2007-09 recession.

    The organization has forecast that U.S. holiday sales in 2011 will post a moderate 3% gain, down from 2.1% last year.
     

  • IBM details customer wins at Summit

    San Diego -- At its first Smarter Commerce Global Summit, IBM announced a range of wins with clients across global industries. By deploying solutions for Smarter Commerce, these clients are capitalizing on rapid shifts in customer demand, improving their performance and appeal to new digital age consumers, IBM said.

  • LandMark Retail Group partners with Accubranch

    Woodland Hills, Calif. -- LandMark Retail Group, a subsidiary of NewMark Merrill Cos., has partnered with Accubranch, a strategic planning and market research group that specializes in providing real estate advice to the regional banking industry.

  • The Fresh Market to debut in New Orleans

    New Orleans -- Covington, La.-based Stirling Properties announced that The Fresh Market is coming to New Orleans. The retailer will lease the 24,000 sq.-ft., two-story building on St. Charles Avenue, in the city’s Garden District, which was previously occupied by Borders. 

    This location will be The Fresh Market’s fourth in Louisiana with stores already in Baton Rouge, Lafayette and Mandeville.
     

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