REAL ESTATE

Report: SuperValu to open 160 Save-A-Lot stores in 2011

BY CSA STAFF

New York City — SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.

“This past year we added 92 net Save-A-Lot stores, and this fiscal year we’re looking to add another 160 net stores,” a spokesman said in the report.

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REAL ESTATE

Walgreens to buy 10 Carle RxExpress

BY CSA STAFF

Deerfield, Ill. — Walgreen Co. has agreed to buy 10 Carle RxExpress pharmacies in east central Illinois.

The chain did not disclose terms of the deal. It expects the sale to close by July. Walgreen said it will continue to run six of the pharmacies and will consolidate a seventh into the others. It will close three other locations and transfer prescription files and inventory to nearby Walgreen locations.

The stores are currently owned by The Carle Foundation, a not-for-profit company based in Urbana, Ill.

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J.C. Penney’s The Foundry Big & Tall opens in Dallas

BY CSA STAFF

Plano, Texas — The Foundry Big & Tall Supply Co., a new specialty retail concept for big and tall men from J.C. Penney, on Thursday made its retail debut in the Dallas area. Approximately 10 stores are expected to open in the Dallas and Kansas City, Mo., markets by the end of May. The company plans to expand the concept nationwide to 100 stores by 2013, reaching a total of 300 stores over the next five years.

With flat-screen TVs tuned to sports, an oversized poker table and comfortable seating, The Foundry will offer a hip, yet unpretentious and relaxing environment, and feature an extensive head-to-toe assortment of merchandise from a wide variety of menswear’s brands. Stores will average 5,000 sq. ft.

"The Foundry Big & Tall Supply Co. isn’t simply a clothing store men of stature,” said Steve Lossing, president, The Foundry Big & Tall Supply Co. “It is a place that understands the unique challenges of the hard-to-fit man and provides him with a comfortable shopping environment, associates who are attentive and most importantly clothes that make him look good."

Inspired by the look of a microbrewery, The Foundry’s stores feature an urban, industrial design with concrete and wood flooring, brick walls, exposed ceilings, modern lighting, and steel and wood fixtures.

Click here to see photos.

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