retail news in context, analysis with attitude

• The San Francisco Chronicle reports that "The Kroger Co. is coming to East Oakland with a 72,000-square-foot Foods Co. supermarket, complete with fresh food, bakery, deli and pharmacy. Scheduled to open early next year, Foods Co., one of Kroger's lower-priced markets, is the centerpiece of a $45 million redevelopment of the Foothill Square shopping center off Interstate 580, one of the largest retail projects in Oakland in the past 40 years."

The store is in the middle of what is popularly referred to as a "food desert," with a tremendously under-served population.

According to the story, Kroger's "presence in the Bay Area is relatively small - there are three smaller-format Foods Co. stores in San Francisco - but it appears to be expanding."

Reuters reports that Costco "plans to buy out its joint venture partner Comercial Mexicana's 50 percent stake in its Mexican unit for 10.7 billion pesos ($766.79 million) and take full control of the business in its third-largest market."

• The Brattleboro Reformer reports that if everything goes on schedule, it appears likely that the Brattleboro Food Co-op in Vermont will open in its new home this Saturday. The move is just the latest in a series of moves since the Co-op started in 1975, and represents what management and membership hope will be a more or less permanent home for the store.
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