REAL ESTATE

Nash Finch to acquire No Frills Supermarkets

BY Marianne Wilson

New York — Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.

The terms of the transaction, which is expected to be completed by the end of third quarter, were not immediately available.

In April, Nash Finch completed the acquisition of the 12-store Bag ’N Save supermarket chain.

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REAL ESTATE

Macy’s to anchor new full-price wing at Gurnee Mills

BY Marianne Wilson

Gurnee, Ill. — Construction has begun on a 140,000-sq.-ft. full-line Macy’s that will anchor a new full-price wing at Gurnee Mills, in Gurnee, Ill.

With the addition of the department store, which is expected to open in late summer 2013, Gurnee Mills said it will be distinguished as the first hybrid shopping destination of its kind, combining full-price, outlet and value retail all under one roof.

Macy’s is the perfect fit for Gurnee Mills as we transform this already successful property with the addition of a full-price retail wing,” said Gregg Goodman, president of The Mills.

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Aldi to open 30 stores in Houston market

BY Marianne Wilson

Houston — Discount supermarket operator Aldi announced it is preparing to enter the Houston market with 30 new stores over the next three years. The expansion will begin in spring of 2013, with the opening of more than 10 new locations.

With this expanded Texas footprint, Aldi is expected to bring 400 jobs and an investment of over $100 million of capital expenditures to the local community. The first Aldi stores in Houston will open in the spring of 2013, with more than 10 new locations.

“Our history and recent growth in Texas has us poised for great success in the Houston area as more and more shoppers are discovering the high-value, high-quality shopping experience that Aldi offers,” said Scott Huska, division VP for Aldi. The chain currently has more than 1,200 stores in 32 states, including 37 stores in Texas, most of which are located in the Dallas/Fort Worth metro area.

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