Real Estate

TROY, Mich. - A leaner Kmart Corp. emerged from Chapter 11 bankruptcy Tuesday with new leadership and less overhead. At the end of the 15-month case, the Troy, Mich.-based discount chain has 1,513 stores remaining and roughly 170,000 workers.

SANTIAGO, Chile - Chilean retailer D&S said on Tuesday it may try to block the sale of Chilean assets by Dutch group Ahold through legal action aimed at forcing Ahold to fully repay an outstanding debt.

Zaandam, The Netherlands -- Ahold has reached agreement to sell its Indonesian operation to PT Hero Supermarket Tbk for approximately Euro 12 million, excluding proceeds from the sale of store inventory.

AMSTERDAM - Royal Ahold NV declined Thursday to comment on market rumors that U.K. supermarket chain Tesco PLC is looking at the possibility of taking it over.

WEST BRIDGEWATER, Mass. - New England retailer Shaw's Supermarkets Inc. is opening the doors of its new 40,000-square-foot flagship store at the Prudential Center in Boston today.

INDIANAPOLIS - Charter One Financial entered into an agreement this week with Marsh Supermarkets to open 18 banking center in Marsh stores in greater Indianapolis and Lafayette, Ind. The new bank branches are expected to open in the third and fourth quarters.

MINNEAPOLIS -- Target Corp. here plans on buying a 1.4 million square-foot distribution center in Montgomery County in upstate New York from bankrupt rival discounter Kmart Corp., pending bankruptcy court approval.

DENVER -- Wild Oats Markets Inc. sees a potential to grow to 450 to 500 stores in the United States, versus 102 now, said Chief Financial Officer Edward Dunlap on Tuesday.