Discount retailer in expansion mode
Meijer is on the move again.
The company on Tuesday opened a 192,000-sq-.ft. supercenters in Flossmoor and Round Lake Beach, Illinois.
The two new stores are part of an investment of more than $400 million in new and remodeled stores that Meijer is making this year, which is creating 3,000 new jobs across the Grand Rapids, Mich.-based retailer's six-state foot print.
The new stores are built to Leadership in Energy and Environmental Design (LEED) standards and will be open 24 hours a day.
Meijer operates 228 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.
Home furnishings retailer expanding in Southeast
Ikea is submitting plans to the City of Norfolk, Virginia, to open a 331,000-sq.-ft. store.
Pending approvals, construction of the proposed store could begin in spring 2017, with an opening in summer 2018. The retailer said it would evaluate potential on-site power generation to complement its current U.S. renewable energy presence at nearly 90% of its U.S. locations.
“We are excited at the possibility of growing our Southeastern U.S. presence with a Norfolk store,” said Ikea U.S. president Lars Petersson. “A location in this retail corridor would provide our nearly 35,000 Hampton Roads customers their own store and introduce the unique Ikea shopping experience to others throughout southeast Virginia.”
The proposed Ikea Norfolk would feature nearly 10,000 exclusively designed items, 50 room-settings, three model home interiors, a supervised children’s play area, and a 450-seat restaurant serving Swedish specialties.
Other family-friendly features include a ‘children’s Ikea’ area in the showroom, baby care rooms, play areas throughout the store, and preferred parking.
This project would represent the third significant investment by Ikea in the state of Virginia. Besides this proposed Norfolk store and the store in Woodbridge, there also is an Ikea furniture factory in Danville.
Drug Store News, Mack Elevation co-host new 10x Thought Leadership Forum
The roster of speakers for the Aug. 5 event includes (clockwise from top left):Alex Perez Tenessa, CVS; Bill Bergin, Rite Aid; Doug Stukenborg, former Target executive; Sarah Carberry, Google/YouTube; Brian Owens, Kantar Retail; Larry Levin, IRI; Justin Weigold, Facebook/Instagram; and Alex Hurd, Walmart.
Is your organization aligned with your top customers?
What is valuable in the eyes of the retailer is very different today than it was yesterday.With that in mind,Drug Store Newsand Mack Elevation Forum will co-host the next edition of the jointly produced 10X Thought Leadership Series,“The Growth Summit – “Ideas That Matter,”Aug. 5 in Boston, at the historic Villa Victoria Center for the Arts.
Slated for the day prior to the official start of the National Association of Chain Drug Stores Total Store Expo, the intimate, strategic sales event will feature seven high-impact leaders who will share their ideas and philosophies on how to create more value with your top retail customers.
“Every customer meeting must count and the best organizations in our industry invest in developmental opportunities to improve their sales engagement,” said DSN group publisher Wayne Bennett.
Attendees and sponsors will hear from some very special thinkers who are committed to creating new growth opportunities and deeper relationships, Bennett explained. “This is a perfect event for any sales or marketing leader looking to raise the bar.”
“Today’s most valuable sales organizations are practiced at listening, uncovering valuable hidden assets and harnessing their broader enterprise,“ noted Dan Mack, managing director of Mack Elevation Forum. “No brand is immune to competitive threats, and today’s growth brands engage with their customers on a different level.”
The full agenda includes:
“Each of our speakers possesses a special balance of strategy, value-creation thinking and executional skills that set them apart,” Mack said. Participants in Aug. 5 conference “will have an experience that will help take their sales process to higher levels,” he added.
Coverage of the event will be featured in DSN both in print and online.
To register, clickhere. For more information, contact Wayne Bennett at [email protected] or Dan Mack at [email protected]