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Supermarket/Grocery

  • DDR acquires $81 million in assets, including Dallas power center

    Beachwood, Ohio -- DDR Corp. announced Monday that, during the first quarter, it acquired two prime assets in Dallas and in Oakland, Calif., for $81 million.

    Also during the quarter, DDR disposed of $46 million of non-prime assets, including $8 million of non-income producing assets.

  • Amazon, Walmart 'lock' up e-commerce deals

    NEW YORK — Walmart's e-commerce division is following Amazon's lead by starting programs to allow customers to order items online and then pick them up from lockers stationed at brick-and-mortar retailers.

    Amazon has been running such a program for a couple of years in a few major cities, including installing the lockers at Rite Aid stores in cities like New York. The lockers allow customers to select a locker location for delivery and then retrieve ordered items automatically using a six-digit code.

  • Kantar study: Target and Walmart competitively priced in Canada

    Boston -- Walmart Canada and Target Canada are very competitively positioned from a basket price perspective, according to a recent report by Kantar Retail.  

    Based on the study’s results, Kantar Retail believes that Target’s “Pay Less” consumables prices will stack up well against its Canadian competition and that the retailer will prove to be a formidable challenge to Walmart Canada’s price position in the market.  

  • Hunger heroes include Target

    Target was among six companies recognized by Second Harvest Heartland, a member of Feeding America, as one of the relief organization’s Hunger Heroes.

  • Planet Fitness to open at White City Shopping Center

    Shrewsbury, Mass. -- Charter Realty and Development said that it has leased a 19,300-sq.-ft. space at White City Shopping Center, in Shrewsbury, Mass., to Planet Fitness.

    Planet Fitness joins Shaw’s, Dress Barn and Austin Liquors, among others, at the 255,000-sq.-ft. center.

     

  • ECRM: Retail circular advertising trends, March 2013

    ECRM compared retail circular advertising in March 2012 vs. March 2013 and noticed some common overall trends across top retail chains. Surprisingly the total number of pages per circular increased across the majority of retailers included in the study which shows that retailers are still focused heavily on their print circulars.

  • Fairway Market grocery chain to go public

    New York -- New York City-based supermarket chain Fairway Market is going public. The company said in a regulatory filing Thursday that it expects its stock to price in the range of $10 to $12 per share as it looked to raise as much as $164 million.

    Fairway operates 12 locations in the greater New York City metro area and in on track to open a store this summer in Manhattan's Chelsea neighborhood and one in Nanuet, N.Y, in the fall.
     

  • Hey y’all! Paula Deen comes to Bentonville

    Food Network personality Paula Deen may not have a reputation for healthy cooking, but that’s not stopping her from traveling to Walmart’s hometown this weekend to participate in American Heart Association activities and receive a key to the city.

    Deen and her husband Michael Groover will accept the key to Bentonville from Mayor Bob McCaslin on Friday afternoon and later in the evening Deen will guest at a kick-off event and reception supporting the American Heart Association’s Southwest Chapter.

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