REAL ESTATE

Fairway Market to anchor Hudson Yards

BY Dan Berthiaume

New York – Fairway Market will be the anchor grocer at the Hudson Yards residential/retail complex being developed by Related Companies and Oxford Properties Group in Manhattan. The 45,875-sq.-ft. store will be located in the Hudson Yards South Tower.

"Hudson Yards is the next great New York neighborhood and we’re excited to be an integral part of the development of this world-class location, and to be an amenity and food destination for the huge numbers of workers, residents, neighbors and tourists who will visit Hudson Yards," said Charles Santoro, Fairway Market’s executive chairman. "We continue to believe our growth prospects are outstanding in and around the tri-state New York, New Jersey and Connecticut metro area, and are very pleased that Related and Oxford have selected Fairway as their food retailing partner in this historic real estate development."

The 28-acre Hudson Yards site, which now includes 1 and 2 Hudson Boulevard, is slated to open in 2015.

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REAL ESTATE

Buxton rolls out analytics for Canadian market

BY Michael Fickes

Fort Worth, Texas — Buxton has announced the roll out of a full suite of retail market analyses in the Canadian marketplace. The company noted that the Canadian retail market has become extremely competitive and will likely see massive retail growth over the next few years. As a new concentration for Buxton, the effort will focus on both U.S. retailers expanding into Canada, and Canadian organizations looking to maximize their footprint in the market.

“For 20 years, we’ve helped retailers identify who their customers are, and where those customers are located in the U.S.,” said Tom Buxton, founder and CEO of Buxton. “Now our focus will be on identifying those customers in Canada to guide retailers on their international expansion.”

Canada is becoming a top market for expansion outside the U.S. Many retailers feel that they have almost reached saturation in the U.S. and that moving into Canada is the next logical step.

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Holiday Stationstores Announces Expansion in Dakotas

BY Michael Fickes

MinneapolisHoliday Stationstores has reached an agreement with I-90 Fuel Services to convert 16 of The Gas Stop convenience stores to Holiday Stationstores, expanding the Holiday brand in the South Dakota and Southwestern Minnesota markets.

The Gas Stop stores making the conversion are located in Sioux Falls, Aberdeen, Brandon, Mitchell, Mobridge, Pierre and Volga, South Dakota. The Minnesota stores are in Luverne and Worthington.

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