Newsletter UPDATE
The Newsletter will be returning the first week of September from it's summer hiatus.
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A&P Mulls Selling Food Emporium Chain
(The Wall Street Journel - 9/2/2010)The supermarket operator has publicly said it will consider the sale of "non-core assets" as it looks to improve its liquidity. (full story)
Pantry to buy 47 stores; names ex-Borders exec CFO
(Reuters - 9/2/2010)CStore operator Pantry Inc said it is buying 47 stores from privately held Presto Convenience Stores LLC to expand its geographic footprint. (full story)
Burger King Holdings in advanced talks to sell.
(Reuters - 9/1/2010)The second-biggest U.S. hamburger chain has underperformed McDonald's Corp and other fast-food chains. (full story)
Developers hope to build Okolona shopping center
(Courier-Journal.com - 9/1/2010)Firm hopes to sign the first contracts for tenants in the new shopping center and begin construction within the next year. (full story)
San Diego Albertsons Store to Generate Clean Power On-Site
(DDI Magazine - 8/31/2010)Store will be one of the first in California to generate nearly 90 percent of its electricity from fuel cell technology. (full story)
Franchising is Still the Way to Grow
(QSR Magazine - 8/31/2010)Restaurant chains still consider new franchise agreements to be a main avenue for growth, says a new report. (full story)
West 49 sale to Billabong closes
(Financial Post - 8/31/2010)A subsidiary of Australian-based Billabong International Ltd. has completed its acquisition of clothing retailer West 49 Inc. for a cash purchase price of $1.30 a share.
(full story)
Surprise, surprise, a discount retailer is doing well
(Reuters - 8/31/2010)Check out the strong quarterly profit at discount retailer Dollar General. (full story)
Calloway REIT said it agreed to buy two new Wal-Mart anchered centers.
(Reuters - 8/31/2010)Calloway had said in February that it would add at least seven Wal-Mart supercenters to its portfolio this year. (full story)
Nigel Travis Talks Dunkin’s Strategy
(QSR Magazine - 8/31/2010)CEO Nigel Travis is taking Dunkin’ Donuts from a New England treat shop to an international coffee chain. (full story)
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