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Supermarket/Grocery

  • Survey: Defecting consumers could have been retained

    New York -- Although consumers are defecting in growing numbers, the majority say they could have been retained, according to survey results released Wednesday by Accenture.

    According to the Accenture Global Consumer Survey, in 2012 one-in-five consumers switched companies they buy from -- including retailers, wireless phone and Internet service -- marking a 5% increase in switching over 2011 levels. However, the survey also found that 85% of consumers say the companies could have done something differently to prevent them from switching.  

  • Whole Foods to open at Towers Plaza

    Melrose, Mass. -- Charter Realty & Development Corp. announced that shortly after acquiring Towers Plaza in Melrose, Mass., it has signed a 20-year lease for 29,980 sq. ft. to Whole Foods Market.

    Whole Foods will move into a space currently occupied by Johnny’s Foodmaster. The space will undergo a major renovation that will coincide with Charter’s renovation of the balance of the center.

     

  • Mason out as Tesco aborts Fresh & Easy

    Tesco arrived in the U.S. in 2007 amid great fanfare with its first Fresh & Easy stores. Now, just five years later, the 30 year Tesco veteran in charge of the 200 unit operation is gone and the company is looking to unload the stores.

  • Tesco set to sell or close all Fresh & Easy stores

    London -- Tesco CEO Philip Clarke announced Wednesday that the British supermarket retailer will likely sell or close its entire U.S. presence, which means that 199 Fresh & Easy stores could be shuttered or sold off.

    According to multiple reports, Tesco is close to making the decision after five unprofitable years in the U.S. The retailer launched the concept in 2007, confident there was a niche for a grocery store with fresh food offerings formatted in a unique footprint that was smaller than a typical supermarket but larger than a c-store.

  • Report: C-store traffic declines in Q3

    Houston -- A Tuesday report by NPD Group found that total consumer traffic through convenience stores was down 2.1% in the third quarter, compared with the same period last year.

    NPD’s convenience store market research reports that the traffic decline this quarter was largely driven by lower purchase frequency (5.9 visits per 30 days), but was also influenced by a slight decline in the overall reach of the channel (only 50.2% of consumers aged 16+).
     

  • Report: Store opening plans for 2013 at a four-year high

    Chicago -- Store opening plans for 2013 are at a four-year high even as positive retail trends tempered with uncertain fiscal policies signal a cautious start to the new year, according to a report released Monday by Jones Lang LaSalle.

    According to Jones Lang LaSalle’s 2013 National Retail Real Estate Outlook, retailers will open as many as 78,325 stores in the next two years – up 11% from year-end plans in 2011. Construction will add 52 million sq. ft. of space in 2013, more than double the 20 million sq. ft. completed in 2012.

  • It’Sugar to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group announced that It'Sugar has leased 2,027 sq. ft. at Delray Marketplace located in Delray Beach, Fla.

  • Chestnut Hill Shopping Center renamed ‘The Street’

    Chestnut Hill, Mass. - To better reflect its transformation into a walkable retail destination that seeks to be the new downtown in the heart of Chestnut Hill, Mass., the Chestnut Hill Shopping Center has been renamed "The Street," owner/manager WS Development announced today.

    With nearly ½ mile of frontage along Route 9, The Street was one of New England's first shopping centers when it opened in 1950. The Street's redevelopment continues to place it at the forefront of retail destinations both locally and beyond.

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