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Supermarket/Grocery

  • Fresh Market to open at two Florida shopping centers

    Valrico, Fla. -- Indianapolis-based Kite Realty Group said Wednesday that The Fresh Market has leased 18,091 sq. ft. at Lithia Crossing, located in Valrico, Fla.
     
    The grocer will also open a store at Shops at Eagle Creek, in Naples, Fla. The new store will comprise 23,935 sq. ft.

     

  • Report: Wal-Mart studying India investment conditions

    New Delhi -- According to a Thursday report by Reuters, Wal-Mart Stores Inc. is examining the conditions around India’s decision to allow supermarkets to open stores in the country.

  • Food retail expert assumes interim CEO role at 99 Cents Only

    CITY OF COMMERCE, Calif. — Former Food Lion CEO, and current board member for 99 Cents Only Stores, Richard Anicetti, is assuming the role of interim CEO for the discount retailer. In addition, Michael Fung will join the company as interim chief administrative officer overseeing finance, information technology, real estate and various administrative functions of the company.  

    In connection with the foregoing changes, Eric Schiffer, Jeff Gold and Howard Gold are no longer employed by the company. 

  • C-store total poised to surpass 150,000 units

    New York -- The latest data from Nielsen shows the number of U.S. convenience stores continues to expand and last year set a new record with 149,220 units.

    That figures is up 1,094 units from the prior year so the increase amounts to only a 0.7% gain, according to the 2013 National Association of Convenience Stores/Nielsen Convenience Industry Store Count. Even so, the growth is noteworthy at a time when overall expansion of selling space in the broader retailer industry has remained stagnant even though the recession officially ended in 2009.

  • Safeway rises on speculation of buyout interest

    New York -- Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.

    On Tuesday, Metro announced it was selling off nearly half its stake in Couche-Tard Inc. for $482 million.

    In December, Loblaw announced plans to spin off the vast majority of its property assets into a real estate investment trust.

     

  • No Reservations

    A new research report by The NPD Group unveiled information I already knew:  the restaurant space is growing by leaps and bounds. In fact, the total restaurant count in the U.S. increased by 4,442 units over last year, according to NPD’s recent restaurant census Fall 2012 ReCount.

    That’s no small potatoes.

    Some 616,008 eateries now dot the country, representing a .7% increase over last year, with the biggest growth coming from the quick-serve segment (up 1% over last year, or an added 4,037 units).

  • Wegmans to open in Alexandria, Va.

    New York -- Wegmans has confirmed plans to open a store in Alexandria, Va., in 2014, according to Washington Business Journal.

    The store will be located in Hilltop Village, which is being developed by Houston-based Weingarten Realty Investors. The project will feature some 250,000 sq. ft. of retail, anchored by the 143,000-sq.-ft. Wegmans, and 100,000 sq. ft. of office.

     

  • Schick expands portfolio with new disposable razors for men, women

    SHELTON, Conn. — Schick, an Energizer Personal Care brand, is expanding the Schick Hydro franchise of razors with the launch of new Schick Hydro 5 disposables and Schick Hydro Silk disposables.

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