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  • Ross Stores expanding in Texas, Northern California

    Dublin, Calif. -- Ross Stores’ said its Ross Dress for Less  will open three new locations in Texas on March 8, for a total of over 160 stores in the chain’s second largest state. The new Texas stores will be located in the Katy Mills shopping center in Katy, Rayzor Ranch Marketplace in Denton, and The Pavillions in El Paso.  

    Ross is also expanding its dd’s Discounts brand, opening two new locations in Northern California on March 1. The new stores are in White Road Plaza in San Jose and Hatch Road Center in Ceres.

  • Lowe’s Q4 profit up 6%; 20 new stores planned

    Mooresville, N.C. – Customer interest in core home improvement categories helped lift profits at Lowe’s Companies Inc. during the fourth quarter and fiscal year 2013.

    Lowe’s fourth quarter earnings rose 6% to $306 million from $282 million in the year-ago period. Full year net earnings climbed 17% to $2.29 billion from $1.96 billion.

  • Lowe’s delivers in Q4 despite severe winter weather

    Severe winter weather was no match for Lowe’s in the fourth quarter. The company reported sales of $11.7 billion, up 5.6% from the same quarter last year, as comps increased 3.9%.

    The company also posted fourth-quarter net earnings of $306 million, up 6.3%.

  • Mansour closes on portfolio of 10 Walgreens

    San Diego — The Mansour Group has arranged the sale of a portfolio of 10 Walgreens properties located in secondary and tertiary markets throughout the Mid-south  in Arkansas Missouri, Oklahoma, Tennessee and Camden, N.J.

    Mansour had the exclusive listing to market the properties on behalf of the seller, a private partnership. After generating more than three dozen offers, the portfolio sold to a private California 1031 exchange buyer who completed the sale of a multi-family property in San Francisco.

  • Starbucks continues Evolution Fresh expansion

    Seattle – Starbucks is expanding its Evolution Fresh cold-pressed juice to more than 360 corporate stores in the Chicago and greater Midwest areas. This brings the total number of Starbucks locations and grocery stores offering Evolution Fresh products to more than 9,000 across the U.S.

  • Bi-Lo Holdings, Delhaize Group deal moves forward

    New York -- Bi-Lo Holdings and Delhaize Group have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in Delhaize’s Sweetbay, Harveys and Reid’s supermarket chains. As part of the deal, Bi-Lo agreed to divest 12 Delhaize America stores in Florida, Georgia, and South Carolina, and Delhaize Group agreed to retain two stores that were initially part of the deal.

  • Bi-Lo, Delhaize get green light on acquisition

    Bi-Lo Holdings and Delhaize Group have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize.

  • E-commerce helps boost Vitamin Shoppe performance

    North Bergen, N.J. – Strong results in its e-commerce segment, along with growing same-store sales and income from Super Supplements stores acquired in the fourth quarter, helped boost the performance of Vitamin Shoppe Inc. during the fourth quarter and fiscal year 2013. On a year-over-year basis, fourth quarter net income grew 15.9% to $11.2 million from $9.7 million.

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