New Stores, Remodels Press Meijer Growth Strategy
Friday February 15th, 2013 - 10:19AM
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Meijer plans to invest $160 million in new and remodeled stores this year, co-chairman and co-CEO Hank Meijer has announced, including new locations in three states. The investment will finance six new Meijer supercenters and five major store remodel projects.
Meijer said its new supercenters opening during 2013 will operate in:
Major remodels will occur in:
"We are pleased to continue to invest in the Midwest communities that have supported us for so long," Hank Meijer said. "By keeping prices low and maintaining our focus on customer service, we have been able to continue to grow during a tough economic cycle."
The remodel projects will include enhancements to lighting, heating, refrigeration, exterior lighting and parking lot maintenance as well as the introduction of technology to reduce energy use. Meijer has incorporated LEED standards and initiatives in various locations to develop energy efficient systems it can use where applicable in new and remodeled stores.
Two of the locations slated for a revisit will go through a more comprehensive remodel program that the others, Meijer said. The South Pennsylvania Road supercenter in Lansing will get a total rebuild. Over a 14-month period, Meijer intends to transform the aging site into an all-new store, the company stated. The Knapp's Corner Meijer will benefit from a new flagship remodel that will test design elements that may be considered for future stores, it related.
"We will continue our process of slow, steady growth," Meijer said. "This has allowed us to focus on our customers and team members, while supporting the communities where they work and live."
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