Supervalu says that two renowned keynote speakers and an action-packed Education Day focusing on driving sales, retailer education and grocery innovation will highlight its second annual National Sales Expo in August. Minnesota-based Supervalu expects to welcome nearly 4,000 grocery professionals to the RiverCentre in downtown St. Paul, Aug. 11-13. In addition to serving as a major […]
Category: Store News
CST Brands And CrossAmerica Announce Dropdown Transactions, Acquisition Of One Stop Stores
CST Brands Inc. and CrossAmerica Partners LP have announced two dropdown transactions totaling approximately $261.5 million between CST Brands and CrossAmerica. The transactions are expected to close in the third quarter of 2015. In addition, CrossAmerica has entered into a definitive agreement to acquire the One Stop convenience store network, based in Charleston, West Virginia, that […]
CVS-Target Pharmacy Deal Could Spur More Activity Among Industry
It was announced this week that CVS Health Corp. and Target Corp. have entered into a definitive agreement for CVS Health to acquire Target’s pharmacy and clinic businesses for approximately $1.9 billion. It’s big news, and a deal that—as Reuters reports—may spur supermarkets to find their own pharmacy partners. Reuters reports: “Drug stores in recent years […]
Macik Receives FMI Service Award
The Food Marketing Institute (FMI) presented Cheryl Macik, director of consumer affairs for Wakefern Food Corp., with its Esther Peterson Consumer Service Award, recognizing her dedication as a shopper advocate and her influence in serving and retaining Wakefern’s customer base across its ShopRite and Price Rite banners. Wakefern President and COO Joe Sheridan described Macik as, “my […]
Whole Foods Market No. 3 On List Of America’s Most Reputable Retailers
Whole Foods Market has been named among America’s most reputable companies in the retail industry, according to a list released June 4 by Reputation Institute. The list of America’s top 50 most reputable retail companies is derived from data collected for the 2015 U.S. RepTrak 100 study. “Companies with excellent and strong reputations in the […]
Walmart CEO Tells Associates: ‘You Are Our Heroes’
On June 5 during the company’s annual shareholders meeting, Wal-Mart Stores Inc. President and CEO Doug McMillon challenged the company’s more than 2 million associates to win the future of retail “one customer at a time.” He then shared his strategy to attain that goal: “We’ll save customers money on their everyday needs with an […]
N.Y.-Based Getty Realty Acquires 77 Fuel/C-Stores In West
Getty Realty Corp. in Jericho, New York, has acquired 77 convenience store and retail motor fuel stations located in several high-growth regions in the western U.S. for approximately $214 million. The acquired properties operate under well-known brands such as 76, Conoco, Circle K, 7-Eleven and My Goods Market and are located in Northern California, Southern […]
NACS’ Former Leader Testifies At Congressional Hearing On Menu Labeling
The federal House Energy and Commerce Subcommittee on Health held a hearing last week examining the Common Sense Nutrition Disclosure Act. The bipartisan legislation would revise the Food and Drug Administration’s (FDA) menu labeling regulations by providing covered restaurants and other retail food establishments, including convenience stores, more flexibility in how they provide calorie information […]
