Batavia, Ill. — ALDI, a low price grocery leader, has completed its purchase of 66 real estate assets from the Delhaize Group. The transaction includes the land, buildings and leasehold improvements associated with Delhaize’s recently retired Bottom Dollar Food operation.
retailers
New York City — Joseph Abboud has opened its flagship store, located at 424 Madison Ave., in New York City — marking the first under the umbrella of Men’s Wearhouse, Inc. The 4,300-square-foot location was designed and styled collaboratively by Jeffrey Hutchison & Associates and Joseph Abboud.
Conshohocken, Pa. — IKEA plans to install a fuel cell system manufactured by Bloom Energy at its location in Emeryville, Calif., which is one of two San Francisco-area stores for the Sweden-based home furnishings retailer. The fuel cell system will be installed, commissioned and activated by summer 2015.
Goodlettsville, Tenn. — David Tehle, executive vice president and chief financial officer of Dollar General Corporation, will retire on July 1, 2015. Prior to joining Dollar General in June 2004, Tehle spent 7 years with Haggar Corporation as executive vice president and CFO.