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  • Aldi takes a bite out of the Big Apple

    NEW YORK — Discount grocer Aldi has opened its first-ever New York City-area store in the borough of Queens.

    The store, which is located in Rego Park, marks the first of three grocery stores the company plans to open in New York, including new locations in the Bronx and Bay Shore, Long Island.

    Aldi, which offers a limited assortment of items, said it will bring its standard floor plan to Queens, which includes wider-than-typical 8-ft. aisles.

  • Hhgregg plans 20 new stores in Chicago

    Indianapolis -- Electronics and appliances retailer Hhgregg said Friday it is planning to open as many as 20 new stores in the Chicago market this fall.

    According to a report by the Chicago Tribune, the openings would make the Chicago area the largest market for the chain, with 11% of its 174 stores.

    Hhgregg is leasing former Circuit City, Linens ’n Things and Wickes Furniture sites, and plans to open a DC to support the Chicagoland expansion, it said.

  • Casto closes sale on second Columbus location for Menards

    Columbus, Ohio -- Casto announced that Menards has purchased 20 acres of land at Columbus Corporate Center, on the east side of Columbus, Ohio.

    According to Menards, construction on its 160,000-sq.-ft. store will commence later this spring. This will be the second Menards location in Columbus. The first location, situated at Northland is scheduled to open this spring.

  • Abercrombie Q4 earnings nearly double

    New Albany, Ohio -- Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago.

    Revenue for the period ended Jan. 29 rose 23% to $1.15 billion, from $936 million. Domestic revenue rose 13%, while international revenue jumped 61%.

    Same-store sales rose 13%.

  • Report: A&P to close 32 stores

    New York City -- A&P plans to close 32 stores in six states, including four in the New York City area, Crain’s New York reported.

    Among the stores slated to close are 14 Pathmarks, seven Super Fresh shops, four A&Ps and three Waldbaums, according to the report.

    A&P operates 395 stores in eight states and the District of Columbia under the banners A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Fresh and Food Basics. The company filed for Chapter 11 bankruptcy in December.

  • Lionsgate, Studiocanal and Miramax enter distribution deal

    SANTA MONICA, Calif., VANCOUVER, British Columbia and PARIS --Lionsgate, Studiocanal and Miramax announced that they have entered into a worldwide home entertainment distribution deal. Under the long-term deal, Lionsgate and Studiocanal will distribute more than 550 titles from the Miramax film library via DVD, Blu-ray, EST and Internet Video On Demand (VOD), in addition to cable VOD internationally, the companies reported.

  • Kroger to open largest Atlanta-based supermarket

    SMYRNA, Ga. — Tri-Land Properties has broken ground for the redevelopment of The Crossings at Four Corners here in Smyrna, Ga. The 8-acre site will be home to Kroger’s largest supermarket in the Atlanta area: a 96,000-sq.-ft. grocer replete with fuel station, a wine shop and drive-through pharmacy.

  • Stop & Shop dedicates first fuel cell

    QUINCY, Mass. -- The Stop & Shop Supermarket Company announced the special dedication of a 400 kilowatt fuel cell at its Torringford Street store in East Torrington, Conn. 

    According to the company, the fuel cell, a UTC Power PureCell System Model 400, was supported with a grant from the Connecticut Clean Energy Fund's On-Site Renewable Distributed Generation Program and is the first fuel cell utilized by the Stop & Shop Supermarket Company. It is expected to generate over 90% of the store's electric energy.

  • Urban Outfitters selects MID Retail’s Advanced Allocation Software

    Indianapolis -- MID Retail announced Urban Outfitters has selected MID Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands. The MID solution was designed to help multi-store, multi-sku retailers increase accuracy, efficiency and profitability. The system includes both pack and size optimization modules for accurate sku-level allocation and replenishment.

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