A new ground-up development addition in Miami, Florida, called Pinecrest Place will be anchored by a 46,000-s.f. Whole Foods Market store. The development will add 70,000 s.f. to a retail space that already includes a 173,000-s.f. Target. Construction on the $16.4 million project is expected to be completed in the second quarter of 2018. “Pinecrest Place […]
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Whole Foods Market Investor Reportedly Wants Chain To Consider A Possible Sale
Is Whole Foods Market being primed for a takeover? Perhaps. The Wall Street Journal and CNBC report that activist investor Jana Partners has built a nearly 9 percent stake in the Austin, Texas-based grocery chain and wants the company to “speed up its turnaround efforts while also exploring a possible sale.” “The activist investor has […]
ShopRite Expands Free Fruit Program In Some N.J., Pa. Stores
ShopRite has expanded the free fruit program it launched earlier this year to five more stores in Pennsylvania and New Jersey that are owned and operated by ShopRite of Hunterdon County. Under the program, children 12 and younger receive a free banana, clementine or other seasonal fruit while shopping with a parent or guardian. The […]
Ralphs, Gelson’s Women Execs Share Their Histories And Wisdom
The Food Industries Sales Managers’ Club of Los Angeles (FISMC) fittingly held its Women in the Food Industry Luncheon during March, which is Women’s History Month. Cynthia Weifenbach of CLW Consulting, chair of FISMC, emceed the event, during which Valerie Jabbar, president of Ralphs Grocery Co., and Hee-Sook Nelson, VP of team development and public […]
Harvest And Sherwood Food Distributors Merge
Harvest Food Distributors and Sherwood Food Distributors have merged to form a nationwide protein and perishable food distribution network, servicing independent food retailers, regional and national chains, cruise lines and foodservice distributors from coast to coast. The merger of Harvest Sherwood brings together two family-owned companies to serve as a single, trusted partner for producers and […]
Affiliated Foods CEO Encourages Independents To Try Something New
Out in West Texas, deflation has hit the oil patch as well as the grocery business. In addition, the independent grocer now is being tasked with adjusting its tactics for a new generation of consumers: Millennials. Randy Arceneaux, president and CEO of Affiliated Foods in Amarillo, talked about these challenges and the opportunities they represent during his […]
Software Co. Releases S4Vision For Unified Customers
Software 4 Retail Solutions has released S4Vision for Unified Grocers customers participating in Unified’s “Scan Advantage” store data and analytics program. S4Vision is a self-service business intelligence platform that accumulates and analyzes real-time point-of-sale (POS) transaction data, giving store owners and managers actionable reporting and analytics on their desktop, tablet or smartphone. S4Vision connects store […]
Convenience Stores Hit Record In-Store Sales In 2016
U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—as well as their third straight year of $10 billion-plus in pretax profits—according to newly released “NACS State of the Industry” data, which provides benchmarks and key performance category insights for the convenience and fuel retailing industry. Convenience stores, which sell more than 80 […]
