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Supermarket/Grocery

  • Shaw’s portfolio acquired

    Bryn Mawr, Pa. -- WP Realty and Angelo, Gordon & Co. announced the acquisition of the Shaw’s portfolio, consisting of seven Shaw’s-anchored shopping centers and one free-standing Hannaford Bros. located throughout Massachusetts, Maine and Rhode Island.

    The portfolio totals 659,143 sq. ft, is 97% leased and contains a mix of national, regional and local tenants. Shaw’s occupies 419,098 sq. ft. across the portfolio, Hannaford Bros. occupies 45,882 sq. ft., Staples 23,942 sq. ft., among others.
     

  • Amazon.com tops in online customer satisfaction

    Ann Arbor, Mich. -- Amazon.com was the top performer in a review of the Top 100 online retailers by ForeSee Results. The annual report, Top 100 E-Retail Satisfaction Index, includes individual satisfaction scores with the 100 top e-retailers for the past seven years, allowing for comparisons over time and between companies.

  • Smith’s honored for energy efficiency

    New York City -- Smith’s Food & Drug Stores, a division of Kroger Co., has been recognized by the Utah Association of Energy Users as a leader in conservation and energy-use efficiency, The Salt Lake Tribune reported.

    The chain, which received the “Outstanding Leadership in Energy Efficiency and Conservation” award on Wednesday at the 26th Annual Western States Energy Conference in Salt Lake City, was recognized for retrofitting its 132 stores in seven states with more efficient energy systems.

  • Big-box retail veteran Leo Kahn dies at 94

    New York City -- Veteran retailer Leo Kahn, who developed his family-owned wholesale business into the Purity Supreme chain, co-founded Staples, and pioneered selling natural foods in supermarket-sized venues, died on Wednesday in Boston. He was 94.

  • Kroger CEO pay falls for third consecutive year

    Cincinnati -- Kroger Co. CEO and chairman David Dillon saw his pay fell again as the chain's sales and profit growth fell below tough targets amid continuing economic instability.

    An Associated Press analysis shows Dillon received compensation for 2011 valued at $5.4 million, down 19% from 2009. It is the third straight year in which Dillon's largely performance-based pay fell.

    The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.
     

  • Safeway in DC earns LEED certification

    New York City -- Safeway’s store in the Georgetown section of Washington, D.C, has earned LEED (Leadership in Energy and Environmental Design) certification. The 71,067-sq.ft. store is the grocer’s second LEED-certified store, and the first LEED certified store in DC.

  • Wal-Mart buying minority stake in Chinese online retailer

    Bentonville, Ark. -- Wal-Mart Stores is buying a minority stake in online company Yihaodian, which sells groceries, consumer electronics, clothing and other items. Terms of the deal and the size of the stake were not disclosed.

    The deal will help expand the Wal-Mart’s reach into China, where it has 328 stores (as of Dec. 31, 2010).

  • Jos. A. Bank opens at Willow Grove Park

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Jos. A. Bank has opened at Willow Grove Park, in Willow Grove, Pa.

    The 4,465-sq.-ft. store is located next to Bloomingdale’s and joins other men’s fashion collection stores Men’s Wearhouse and Tux, Express, J. Crew, Banana Republic and Guess.

  • Whole Foods to open in Minnetonka

    St. Paul, Minn. -- Paster Enterprises announced that Whole Foods Market is opening a 32,000-sq.-ft. standalone location at the company’s Minnetonka property.

    Construction on the project, a joint venture between Paster Enterprises and Shiner Capital Partners, a Chicago-based real estate investment firm, officially began on April 20.

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