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  • Sprouts Farmers Market comes to Houston area

    Houston — Sprouts Farmers Market, an independent natural foods grocery store chain, opened its first Houston-area store today.

    The 25,300-sq.-ft. store opened at the southwest corner of Cinco Ranch Boulevard and Peek Road in Katy, Texas. The store will sell farm-fresh produce and thousands of natural, organic and mainstream food items at an affordable price point.

  • Great American Cookies to expand in Puerto Rico

    Atlanta -- Global Franchise Group said Wednesday it is expanding its Puerto Rican presence via a multi-unit operator.

    A.M.A. Pretzels International opened two Great American Cookies stores in Puerto Rico -- in Plaza Carolina in Carolina, and Plaza Rio Hondo in Bayamon.

    "Global Franchise Group is thrilled to have such outstanding multi-unit franchisees expand the Great American Cookies brand in Puerto Rico," said Global Franchise Group chief development officer John Barber.

     

  • Pepsi, Walmart offer free food to D.C. kids

    Feed The Children, PepsiCo and Walmart partnered with Central Union Mission in Washington, D.C. this week to distribute two tractor-trailers full of food and essentials to help 800 area children and families in need.

    PepsiCo, a longtime Feed The Children partner, donated Frito-Lay brand snacks, Quaker brand products and Pepsi brand beverages while Walmart, with the assistance of its suppliers, provided a loaf of bread and a five pound bag of apples and oranges to each of the 800 families.

  • Report: Wal-Mart to test in-store lockers for online purchases

    New York -- Walmart plans to test the use of in-store lockers to hold goods ordered on its website until shoppers can pick them up, Reuters reported.

    Neil Ashe, president and CEO of the discounter’s global e-commerce division, discussed the test, which will get underway this summer in about 12 locations, On Tuesday at the chain’s e-commerce media day. The event was held at its global e-commerce offices in San Bruno, Calif. Ashe also said that Wal-Mart is set to surpass $9 billion in annual online sales this year.

  • 7-Eleven leases 17 stores in Cleveland area

    Dallas -- 7-Eleven will rebrand convenience stores in Ohio’s Cuyahoga and Lorain counties as part of a 19-store lease from Allentown, Pa.-based Lehigh Gas Partners LP.

    The effective date of the leases will vary, but all leases are expected to be in place by March 31, 2013.

  • Firearms manufacturer earns Cabela's award

    SOUTHPORT, Conn. — Sturm, Ruger & Company, a firearms manufacturer, announced that the company has been named Vendor of the Year by Cabela’s.

  • Sam’s Club doubles up with Walmart in La Marque

    Sam’s Club this week opened a new 136,000-sq.-ft. club adjacent to a Walmart supercenter in La Marque, Texas.

    The club, built in 1991, was relocated from neighboring Texas City. The communities are located along I-45 southeast of Houston en route to the coastal community of Galveston. The new club, Sam’s first of the year, is one of an expected 15 to 20 new units this year that mark Sam’s most aggressive expansion in roughly a decade. Sam’s ended last year with 620 clubs and sales of $56.4 billion.

  • Report: Tesco U.S. experiment not so Fresh & Easy

    LOS ANGELES — U.K.-based Tesco has lost up to $2 billion in its failed Fresh & Easy California venture, according to a report by the Los Angeles Times — Tesco had placed the troubled grocer on the sales bloc in December following the departure of Fresh & Easy CEO Tim Mason. 

    The retailer's struggles can be traced to labor unions and an ambitious investment into an 850,000-sq.-ft. distribution center that placed pressure on the 200-store chain to expand rapidly, according to the LA Times report. 

  • Ace Hardware nails it on revenue growth

    OAK BROOK, Ill. — Ace Hardware Corp. posted fiscal 2012 revenues of $3.8 billion, up 3.6% from the previous year. 

    The co-op’s net income of $81.8 million increased 5.3% for the year.

    “We are very pleased with our fiscal 2012 results as revenues and net income were both higher than last year and our plan,” said Ray Griffith, Ace CEO, who will be replaced by John Venhuizen as CEO, effective March 31.

  • Cornering the Market

    The recent announcement that retail giant Walmart plans to open more than 100 of the brand’s Neighborhood Market stores in 2013, and as many as 500 Neighborhood Market locations over the next few years, has industry analysts and observers talking. They have my attention, as well.

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