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Top Shopping Center Business News

Kroger · United StatesKroger said it plans to close 60 of its supermarkets across the U.S. over the next 18 months.The planned store closures represent about 5% of the Cincinnati-based company's 1,239 Kroger-branded grocery stores across 16 states. The grocery retailer did not specify which store locations it plans to cease operating, and told CBS MoneyWatch that it will not be releasing a list of the affected stores.See the Story
Kroger says it will close 60 stores across the U.S. over the next 18 months
77% Center coverage: 192 sources

Inflation · United StatesC&S Wholesale Grocers will pay a 52.5% premium for the Michigan-based grocery chain that operates stores under brands including D&W Fresh Market and Family Fare.See the Story
Grocery Retailer SpartanNash to Be Sold for $1.77B: 6 Takeaways About the Deal
90% Center coverage: 10 sources

Scottsdale, Arizona · ScottsdaleScottsdale, Ariz. — FalconEye Ventures has acquired Scottsdale Quarter, a 755,000-square-foot mixed-use development located in Scottsdale, roughly 13 miles outside Phoenix. As part of the acquisition, FalconEye plans to implement a… The post FalconEye Ventures Acquires 755,000-Square-Foot Mixed-Use Development in Metro Phoenix, Plans $100 Million Capital Improvements appeared first on Shopping Center Business.Read Article