Distribution

MENOMONEE FALLS, Wis. — Kohl's has reached an agreement with the state of Wisconsin that will keep the retailer’s headquarters in Menomonee Falls, which is located about 20 miles northwest of Milwaukee. Kohl’s will receive up to $62.5 million in tax credits from the state over 12 years. The final amount of the tax credits is dependent on the number of employees the chain adds at its facility and the amount of money Kohl’s invests in developing its campus.

Teen retailer Five Below is looking to become a household name following a wildly successful public stock offering this week that could see the company expand its store base from the current 200 units to 2,000.

Williamsville, N.Y. -- Tops Friendly Markets has entered an agreement with C&S Wholesale Grocers affiliate GU Markets to acquire 21 supermarkets located in upstate New York and Vermont.

Tops said the acquisition will bring its number of operating stores to 153 and will expand Tops' footprint further into areas of northern and eastern New York State and neighboring northern Vermont. For the time being, 20 of the stores will continue to operate under the Grand Union banner, while the other store will continue to operate under the Bryant's banner.

By Mark Robinson, UPS Capital Corp.

Minneapolis -- A Monday report in the Wall Street Journal said that grocery supplier C&S Wholesale Grocers is said to be interested in buying the distribution business of Supervalu Inc.

On July 11, Supervalu – which owns such grocery banners as Albertson’s, Jewel-Osco and Save-A-Lot – revealed it would explore a sale of all or part of the company. It said it had hired Goldman Sachs and Greenhill & Co. to launch a review of strategic options, including asset sales.

Raleigh, N.C. -- Nearly one-third of distribution centers (DCs) are entirely outsourced, according to the Supply Chain Metrics Report by the Tompkins Supply Chain Consortium.

New York -- In an effort to reduce vehicle air pollution, Duane Reade, in partnership with Mission Electric, is asking New Yorkers to help determine which of the chain’s stores should be served solely by electric trucks. Combined, more than 30 stores have been identified as electric truck ready in the city’s boroughs of Queens, Bronx, Brooklyn, and Manhattan.

AMSTERDAM — A division of Ahold USA has completed its acquisition of stores in the greater Philadelphia area.

Giant-Carlisle officially closed its acquisition of 15 Genuardi's stores, a subsidiary of Safeway. The deal was previously announced in January and was approved by the Federal Trade Commission last month.

As previously reported, during the conversion process, five stores at a time will temporarily close for about a week. The three-phase staggered approach is expected to be completed on July 22.