In a deal completed in early April, Winn-Dixie Properties LLC sold its warehouse property at 15500 W. Beaver St. to an entity owned by New York-based American Realty Capital. The limited warranty deed, recorded in April, shows a property transaction of almost $99.8 million, according to an article in the Financial News & Daily Record […]
Category: Corporate Store News
Weis Markets Plans To Spend $135 Million In 2013
Weis Markets is increasing its capital budget by 8 percent this year vs. 2012. It plans to spend $135 million this year on stores, IT infrastructure and more. At the company’s annual shareholder meeting in late April at its Store Support Center in Sunbury, Pa., Weis President and CEO David J. Hepfinger and Vice Chairman […]
BI-LO To Lay Off 130 From Former Corporate HQ
BI-LO is in the process of laying off 130 people at its former headquarters in Mauldin, S.C., according to the South Carolina Radio Network, which reports that a company spokesman confirmed the news in an email. The layoffs were expected as part of the company’s relocation to Jacksonville, Fla. The move, the report says, is […]
Costco Plans To Expand Headquarters In Issaquah, Wash.
The Puget Sound Business Journal is reporting that Costco Wholesale Corp. is negotiating with city officials in Issaquah, Wash., to add as much as 1.5 million s.f. to its corporate headquarters through a new development agreement, according to Keith Niven, Issaquah’s economic development director. “They are trying to chart a path for their future,” Niven […]
Kroger Receives American Cancer Society Corporate Impact Award
The Kroger Co. has been awarded a 2012 Excellence in Philanthropy Award from the American Cancer Society. The honor is given to corporations that have provided $1 million or more to the American Cancer Society during the previous calendar year through a variety of support activities. Kroger is one of 19 companies recognized this year. […]
Food Lion Is Presenting Sponsor For N.C.’s Holiday Caravan Parade
Food Lion has agreed to be the presenting sponsor of the Holiday Caravan Parade through 2014. The Holiday Caravan Christmas Parade draws up to 100,000 people to the main streets of Spencer and Salisbury, N.C., each year. The 2012 edition will be held on Nov. 21. “We are excited to have Food Lion’s commitment to […]
Ralphs To Pay $1.1M In Overcharging Claim
Ralphs Grocery Co. will pay more than $1.1 million in civil penalties, costs and restitution to settle allegations that it overcharged customers for deli and other weighted food products, LA. Biz reports. The settlement, approved Thursday by a Los Angeles Superior Court judge, calls for Ralphs to pay $1 million in civil penalties, with $500,000 […]
Food Lion Cuts 29 Positions At Salisbury, N.C., Corporate Office
Food Lion notified 29 people at its corporate headquarters in Salisbury, N.C., on Tuesday that their positions are being eliminated, salisburypost.com reports. The headquarters employs 2,200 people, and many of the associates being laid off will be eligible for other jobs posted at the Food Lion home office or at the store level, according to […]
