- The Skyway News reports on speculation that Lunds Food Holdings may play a larger role than expected in the development of a downtown block where the company has been planning to build a new supermarket, but that now appears to be slated for conversion “to what Lunds President Tres Lund has referred to as a European-style, ‘urban village.’”
In addition to one of Lunds’ trademark service-and-fresh foods oriented supermarkets, the likelihood seems to be that other retail partners will be attracted to the area.
- Published reports say that Hy-Vee will change the name of its 26-unit drugstore chain, Drug Town, to Hy-Vee Drugstores, which is believed will help the company build to a greater extent on the credibility it has in the markets it serves.
- Carrefour reportedly will buy 10 hypermarkets in Brazil from Portuguese retailer Sonae for the equivalent of $110 million (US).
