Whole Foods to Open 5 'Wellness Clubs'Whole Foods Market said it will open "wellness clubs" at five of its stores before the end of 2011 to help educate consumers about healthier lifestyles. The clubs will be located at single stores in New York; Chicago; Boston; Oakland, Calif.; and Princeton, N.J., "and if the prototypes do well, we would open more in 2012 as part of a growth initiative," John Mackey, chairman and co-chief executive officer, told analysts. The clubs will be located within existing space at existing stores, he noted.
Supermarket News
A.C. Moore Announces New Store Openings and Remodels for 2011A.C. Moore Arts & Crafts, Inc. announced that the Company plans to open two new stores during fiscal 2011, one in Pottstown, Pennsylvania and one in Williston, Vermont. Both stores will open later this month and are located in new markets for A.C. Moore. In addition, A.C. Moore intends to remodel four to six stores during fiscal 2011.
Trading Markets
Ultimate Electronics Announces Liquidation PlansThe Ultimate Electronics chain has announced that it plans to liquidate its assets, just a fortnight after filing for bankruptcy protection. The demise of the 46-store chain highlights the continued pressure on the electronics industry. Ultimate Electronics said it will hold going-out-of-business sales at its outlets to dispose of inventory, adding that such sales will offer "the highest and best value" for creditors.
Kam City
Stop & Shop Powers Connecticut Store with Fuel CellThe Stop & Shop Supermarket Company has installed a 400 kilowatt fuel cell at its Torrington, Conn. store - the first of its kind for the chain -- and expects it to generate more than 90 percent of the store's electrical power. Since the fuel cell was commissioned last June, it has produced more than 1.7 million kilowatt-hours of electricity. By generating most of its power on site, Stop & Shop is able to reduce the burden on the local power grid and its impact on the environment.
Progressive Grocer
Lowe's Promote Tax Refund CardIn an effort to get its share of looming consumer tax refunds, Lowe's is offering a Tax Refund Card as part of a "Load Up For Spring" promotion. It enables consumers to spend their tax refund on a prepaid Lowe's debit card, and earn an extra 10% for home-improvement purchases.
Media Post
Canada's Golf Town Picks Mass. for 1st US StoresGolf Town Inc., a Canadian big-box retailer based in Markham, Ontario, will establish a group of golf superstores in Massachusetts this year as it expands into the United States for the first time. The company said it is making a $25 million investment and creating 200 jobs in the Boston area, with five stores opening next month and one more in the fall.
Boston.com
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