Skip to main content

Retail

  • Walgreens profit rises in Q2; unveils blockbuster partnership

    New York -- Walgreens reported a better-than-expected profit on flat sales for its second quarter Tuesday morning and unveiled an expanded partnership with AmerisourceBergen that could give the pharmacy operator an equity position and seat on the drug wholesaler’s board.

  • Cuhaci & Peterson awarded contracts to design three Ale Houses

    Orlando, Fla. -- Cuhaci & Peterson Architects said Tuesday it has been awarded contracts to design three Ale House restaurants — in Winter Park, Fla., Queens, N.Y., and the Philadelphia area.

    The restaurants average 10,000 sq. ft. each.
     

  • Rappaport and Principal form JV partnership to acquire Mid-Atlantic assets

    Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.  

    The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.  

  • Rona appoints former Metro exec as new president and CEO

    Boucherville, Quebec, Canada -- Canadian home-improvement chain Rona Inc. announced Tuesday it has named Robert Sawyer as president and CEO, effective next month.

    Sawyer was previously an executive at grocery chain Metro Inc.

    Rona’s acting CEO Dominique Boies will remain as company CFO.

  • Chipotle to open at Orange Plaza

    Middletown, N.Y. -- National Realty & Development Corp. said that Chipotle Mexican Grill will join Orange Plaza with a new 4,625-sq.-ft. store.

    Orange Plaza is an 815,000-sq.-ft. power center located in Middletown, N.Y. and anchored by Walmart Supercenter, Home Depot, Kohl’s, Burlington Coat Factory, Marshalls, Bed Bath and Beyond, and Staples.

     

  • Hodgdon Group completes 15th retail project for Ashley Furniture

    Colton, Calif. -- The Hodgdon Group announced that it has completed construction of the conversion of a former Babies "R" Us building at Eastland Center in West Covina, Calif., for the opening of an Ashley Furniture HomeStore on March 15.

    Hodgdon Group's HMC Construction handled all entitlements and served as the design-build contractor for the major renovation of the 42,000-sq.-ft. freestanding building. The West Covina location, in Eastland Center, represents the 15th Ashley Furniture HomeStore to be completed by the Hodgdon Group.

  • CVS Caremark to fund technology lab at Chicago State University's College of Pharmacy

    New York -- CVS Caremark has donated $250,000 to the Chicago State University’s College of Pharmacy for the development of the CVS Caremark Student Center and Technology Laboratory.

    “This donation will help to improve the College’s physical space and technological resources, which greatly enhances student success within the College of Pharmacy. To say thank you is an understatement,” stated Dean Miriam Mobley Smith with the College of Pharmacy.

  • Wendy’s to expand into Ecuador

    Dublin, Ohio -- The Wendy's Co. announced Tuesday an agreement with The Eljuri Group to develop 20 Wendy's restaurants in Ecuador.

    As the largest business group in Ecuador, Eljuri said it expects to open the first two Wendy's locations in 2013 in Guayaquil, a coastal city with a population of 2.3 million people.  

X
This ad will auto-close in 10 seconds