Real Estate

GUANGZHOU, China - U.S. convenience store giant 7-Eleven Inc. said on Wednesday it had chosen Taiwan's President Chain Store Corp. and Seven-Eleven Japan Corp. Ltd. to open as many as 500 stores in Beijing, Reuters reports.

ANAHEIM, Calif. - Mexican supermarket chain Gigante on Tuesday won approval from the Anaheim City Council for a liquor license, clearing the way for its first Orange County store, The Orange County Register reports.

TAMPA, Fla. - Wal-Mart Stores Inc. reportedly is looking for land in the Tampa Bay area for its stand-alone Neighborhood Market grocery stores, the Tampa Tribune reports.

WINSTON-SALEM, N.C. - Lowes Foods, a regional supermarket chain based in Winston-Salem, N.C., reportedly is planning to open a store in South Carolina by next spring.

ZAANDAM, The Netherlands - Royal Ahold on Friday said it has assumed full control of Disco Ahold International Holdings (DAIH), its former Latin American joint venture company with Velox Retail Holdings (VRH).

ANAHEIM, Calif. - Mexican grocery chain Gigante is facing resistance from city officials in Anaheim, Calif., who object to a proposed store in Orange County because of zoning concerns and the fact that it is "too Hispanic for the location," The Orange County Register reports.

AUSTIN, Texas - Leading organic and natural foods retailer Whole Foods Market Inc. on Wednesday said quarterly earnings rose by a strong 37 percent, boosted by store openings and expansions and lower interest expense.

LAVAL, Que. - A bid by convenience retailer Alimentation Couche-Tard Inc. to acquire the assets of Dairy Mart Convenience Stores Inc. has been approved by the Southern District of New York Court, Dow Jones newswire reports.