STORE SPACES

First CityTarget stores debut July 25

BY Katherine Boccaccio

Chicago — The first of Target’s smaller-format CityTarget urban stores are slated to open on July 25 in Chicago, Los Angeles and Seattle.

Two years in the making, the smaller stores will feature broad offerings in a space two-thirds the size of a regular Target store – or 80,000 sq. ft. to 100,000 sq. ft., compared with 135,000 sq. ft. to 175,000 sq. ft.

Target has said it will open another Los Angeles CityTarget store later this year, as well as a first store in San Francisco. A third Los Angeles location and one in Portland, Ore., are slated to open in 2013.

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Fiber One launches kid-friendly snacks

BY CSA STAFF

MINNEAPOLIS — Fiber One has introduced new snack bars for kids.

Fiber One Chewy bars tout 110 calroies or less and 8 g or less of sugar and do not contain high-fructose corn syrup, Fiber One said. The bars are available in chocolate and strawberry PB&J varieties and are complete with a peanut butter or chocolate-flavored bottom.

"Kids won’t be able to resist the taste and parents won’t be able resist the wholesome goodness of new Fiber One Chewy bars," Fiber One associate marketing manager Julia Travis said. "We’re excited to bring the delicious taste of classic, kid-favorite flavors chocolate and strawberry PB&J to the table."

New Fiber One Chewy bars are available in six-count box (1-oz. bars) for a suggested retail price of $3.89.

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Tops expands presence in upstate New York, Vermont with acquisition of GU Markets stores

BY Allison Cerra

Williamsville, N.Y. — Tops Friendly Markets has entered an agreement with C&S Wholesale Grocers affiliate GU Markets to acquire 21 supermarkets located in upstate New York and Vermont.

Tops said the acquisition will bring its number of operating stores to 153 and will expand Tops’ footprint further into areas of northern and eastern New York State and neighboring northern Vermont. For the time being, 20 of the stores will continue to operate under the Grand Union banner, while the other store will continue to operate under the Bryant’s banner.

"We are very excited about this growth opportunity for Tops, especially since these stores are a natural extension of our current footprint," Tops Markets president and CEO Frank Curci said.

The sale is expected to close by fall 2012 and is subject to customary closing conditions. Specific terms of the agreement were not disclosed.

As previously reported, Tops recently boosted its retail presence with the acquisition of Penn Traffic stores in 2010.

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