Share this article

print logo
Business

If you're buying groceries at Tops Markets, you want to end up in Nikki Cheapé's checkout lane. The Wilson resident is the winner of this year's New York State Best Bagger Competition, put together by grocery industry trade group the Food Industry Alliance and held in Poughkeepsie. She works at the Tops store at the corner of Maple and Transit roads in Amherst. Conte…

Business

Gordon Cos., owner of the year-round yuletide retailer Dave's Christmas Wonderland, is taking a turn for the spooky this year. It will open four Halloween pop-up stores called Dave's Halloween Superstore, which will open in mid- to late September. They'll offer a mix of Halloween decorations and discounted costumes. The temporary brick-and-mortar stores will give nat…

Business

Walden Galleria has added two new stores. Charmed Aroma is a Canadian-based chain that sells hand-poured soy candles, each one containing a hidden piece of jewelry that is revealed when the candle is burned. The surprise jewelry – possibly a ring, necklace, earrings or bracelet – is of varying value. On rare occasions, a code for a piece of jewelry valued up to $5,000 i…

Business

The McKinley Mall has slid further into decline. The mall's collateral value has been reduced again, this time to $11.5 million, according to real estate advisory firm Trepp, which cited May servicer data. That's a long way down from the $56.5 million it was appraised at just six years ago. The mall serves as collateral behind a $34.6 million loan that was secured…

Business

A familiar local name in the convenience store business will soon disappear. And not for the first time. Noco Energy Corp. has agreed to sell 33 of its Noco Express convenience stores and gas stations to industry giant Marathon Petroleum. Once the deal is complete, the Noco stores will be rebranded as Speedway, one of the biggest chains of its kind in the nation. The…

Business

Marathon Petroleum Corp.'s deal to acquire 33 Noco Express stores also includes a Noco fuel terminal in the Town of Tonawanda. Marathon confirmed the deal, first reported earlier this week, but did not disclose the terms of the deal, which still needs regulatory approval. Marathon plans to convert the Noco stores to its Speedway brand. "We are excited to continue our…

Business

A national real estate firm that specializes in retail properties has acquired three Sherwin-Williams Paint stores in the Town of Tonawanda, Amherst and West Seneca for nearly $4.5 million. Agree Realty Corp., a self-managed real estate investment trust based in Bloomfield Hills, Mich., paid $1.65 million to acquire the store at 2775 Sheridan Drive from the Cleveland-ba…

Business

Big Lots on Nov. 9 will hold a "grand reopening" of two Western New York stores that were remodeled with the chain's new format. Ceremonies will be held at 8:30 a.m. at its store at 5987 South Transit Road in Lockport and 502 N. Union St. in Olean.

Business

Alex and Ani, the jewelry brand known for its bangle charm bracelets, will open a new store at Walden Galleria later this year, the mall announced Thursday. The Alex and Ani store will be 1,200 square feet and will be on the mall's lower level, next to Zara. “We’re thrilled to welcome one of the country’s fastest-growing jewelry brands to our unique mix of shopping, …

Business

Sears' Eastern Hills Mall location will start a liquidation sale on Friday and close in mid-December – a week before Christmas and in the middle of the busy holiday shopping season. Sears will close the store on Dec. 18, according to a notice filed with the state Department of Labor. The notice said 40 employees will be affected by the shutdown. Howard Riefs, a Sears…

Business

The Buffalo Niagara market will soon be down to just one Sears department store. The Sears store at the Eastern Hills Mall will close after Christmas, according to Russell Fulton, the mall's manager. Sears, which has a recent history of quietly shuttering stores without announcing the closures, did not respond to a request for comment. No exact closing date was avail…

Business

Three auto dealer groups grew larger through recent deals: Northtown Automotive Cos. – bought Zeigler Honda dealership in Amherst Lithia Motors – bought Ray Laks Honda in Orchard Park and Ray Laks Acura in Amherst Towne Automotive Group – bought Schmitt's Audi Volkswagen in Bowmansville https://buffalonews.com/2018/02/23/auto-sales-giant-expands-to-buffalo-ma…

Business

Uniland Development Corp., one of the region's biggest commercial real estate firms, is negotiating with the owner of the Eastern Hills Mall about taking an investment stake in the Clarence retail center as part of a potential redevelopment. L. Robert Lieb, chairman and CEO of Mountain Development Corp., confirmed that his company is talking to the Amherst-based develop…

Business

Commercial real estate sales are strong in Western New York for industrial properties and multifamily buildings, as a scarcity factor and attractive returns continue to drive demand and rising prices locally. Brokers say that the supply of available manufacturing facilities or warehouses isn’t remotely keeping up with the demand, while the market for Class A office spac…