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Supermarket/Grocery

  • Mosaic mixed-use development to open in September

    Washington, D.C. -- Columbia, S.C.-based Edens said Wednesday that its new mixed-use development Mosaic will open this September in Washington, D.C.

  • Coupon activity on upswing, as are sales

    No Wonder Walmart’s U.S. sales are on the upswing. Kantar’s Marx media solutions group this week in its mid-year report noted free standing insert pages for Walmart increased nearly 82% to 2.5 billion pages during the first half of the year.

  • Market Track: June 2012

    Retailers scaled back on their promotional efforts in June this year when compared to last year—there were decreases in the number of circulars released by the majority of retailers, as well as a decrease in  the number of pages per circular.

  • Supervalu Q1 profit plunges, initiates strategic review

    Minneapolis -- Grocery giant SuperValu Inc. reported Wednesday that profit for the quarter ended June 16 plummeted 45% to $41 million, compared with $74 million in the year-ago period. The struggling parent to Albertsons, Jewel-Osco and Save-A-Lot grocery banners, among others, had begun to show improvement in its fourth quarter, but tumbling revenues have halted the forward momentum.

    Sales dropped to $10.59 billion, from $11.11 billion in the same period last year, and missed Wall Street’s forecasted $10.61 billion in revenue.

  • Heineken USA brings historic Mexican beer to the States

    WHITE PLAINS, N.Y. — Heineken USA announced that it has brought Indio, a dark beer that has been sold in Mexico since 1893 to the United States. The beer is now available in 6-pack and 12-packs at locations throughout Chicago,Los Angeles, San Diego, San Francisco, Austin, Dallas, Houston and San Antonio.

  • Four new retailers to open at Southpark at Cinco Ranch

    Houston – Jacksonville, Fla.-based Regency Centers said it has leased retail space in Houston to four new merchants at Southpark at Cinco Ranch, a 203,000-sq.-ft. ground-up development in Fort Bend County.

    Construction began in February on the neighborhood center, which has anchor openings scheduled for December 2012 and is 84% preleased.

  • Study: Most grocery shoppers prefer store brands

    New York – A study released Tuesday by Accenture found that, in the grocery arena, store brands continue to steal sales from brand-name products.

    According to Accenture’s poll of 500 U.S. consumers, 64% said their grocery carts were at least half full of store-brand products, and 39% said they have increased their purchase of store-brands in recent years as a result of the tough economic times.

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