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  • Equity One Acquires Six Boston-area Retail Properties

    NORTH MIAMI BEACH, Fla. - Equity One, Inc., an owner, developer, and operator of community and neighborhood shopping centers located mainly in high-growth markets in the southern United States, said yesterday that it has completed the acquisition of six grocery-anchored retail properties in the Boston metropolitan area.
  • Ahold Sells Spanish Unit

    ZAANDAM, Netherlands - After announcing over the weekend that it will sell its Spanish stores to private equity investor Permira Funds for $849 million, shares in Royal Ahold gained more than 3 percent on Monday.
  • Schnucks to Close East St. Louis Store

    ST. LOUIS - Following weeks of discussions with union leaders, city officials, and developers, Schnuck Markets decided it will shutter its East St. Louis, Ill. store at 2511 State St. on Saturday, Oct. 9. The 32,490-square-foot unit was acquired by Schnucks as part of its acquisition of National Supermarkets in 1995.
  • Penn Traffic Details Sale-Leaseback Proposals; Statement Hearing Postponed

    SYRACUSE, N.Y. - The Penn Traffic Co. said it has received multiple compelling proposals for a sale-leaseback transaction involving most of its owned stores and distribution center properties that could result in substantial aggregate net proceeds.
  • Harris Teeter Expansion Marches On

    MATTHEWS, N.C. ¿ Harris Teeter, the wholly-owned subsidiary of Ruddick Corp. that operates in the six Southeast states, will be celebrating the grand opening of its new Fort Mill, S.C. store with a ribbon cutting Sept. 15.
  • Sale of Bruno's and Bi-Lo's Inches Closer

    BIRMINGHAM, Ala. - The sale of Ahold USA's Bruno's and Bi-Lo chains seems to be inching closer, according to published reports.
  • Baker's to Open Three Stores

    OMAHA, Neb. - The Baker's Supermarkets division of Kroger Co. will open three new supermarkets here within the next two weeks housed in former Albertsons locations, according to a published report.
  • Kroger Market Share Soars In Cincy

    CINCINNATI - Kroger Co.'s share of the greater Cincinnati grocery market surged in the first half of 2004, as Thriftway, its once-greatest rival, closed many of its stores, according to newly published market share data.
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