Tuesday, May 22, 2018
Business

Discount grocer Aldi plans second store in Pasco County

HOLIDAY — Folks in search of grocery bargains have another reason to rejoice.

Aldi, the discount chain that uses a no-frills model to keep prices low, plans to open a 16,300-square-foot store at U.S. 19 and Sunray Drive, according to plans submitted to Pasco County.

The store will be the second Aldi to be built on U.S. 19 in Pasco. In 2010, the chain opened a store on the highway in front of the Hollywood 18 movie theater.

Executives say the chain's prices run about 18 percent lower than big-box stores and 35 percent lower than traditional supermarkets.

Aldi says it keeps prices low by reducing overhead costs. The company uses a cart deposit system in which shoppers insert a quarter to release a cart and get the quarter back upon the cart's return. Other cost-saving practices include a smaller store footprint and open carton displays.

Customers are also expected to bring their own shopping bags. The store only accepts cash, debit cards and food stamp swipe cards — no credit cards. The chain also has few sales, instead preferring to keep the same prices year-round on its 1,400 items.

The latest announcement is another shot in the arm for the U.S. 19 corridor, which in recent years has seen anchor stores such as Target and Sam Seltzer's steak house close. Recently, J.C. Penney executives announced plans to close its "underperforming" store at Gulf View Square. However, the opening of H.H. Gregg and Burlington Coat Factory near Gulf View provided a boost.

Visit www.aldi.us for more information about Aldi.

Comments
Report: Downtown Tampa has least amount of vacant land of top 25 metros

Report: Downtown Tampa has least amount of vacant land of top 25 metros

Tampa is facing major landscape changes as projects like Water Street Tampa gear up. But despite the ongoing and upcoming major development, a new CommercialCafé study says, downtown Tampa has a big challenge with the least amount of vacant land of a...
Updated: 6 minutes ago
Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Saturday was Jacob Kosinski’s big day. His whole family, many from out of town, saw the Charleston, South Carolina, student graduate from his Christian-based homeschool program with a 4.89 grade point average and the coveted honor of summa cum laude....
Updated: 13 minutes ago
Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

TAMPA — Tampa-based private equity firm ProspEquity Partners paid $18.2 million less than three weeks ago for a two-thirds stake in Tierra Nueva, a Miami company with a new idea for coffee, and already it has some big news.Tierra Nueva has inked a de...
Updated: 1 hour ago
It’s picking time at Brooksville blackberry farm, one of a handful in the region

It’s picking time at Brooksville blackberry farm, one of a handful in the region

BROOKSVILLE — Black follows blue in the berry patches of Hernando County, but blackberry proponents claim they’re worth waiting for.Today’s blackberry brambles are thornless and don’t require bending over to pick. Their fruits are mouth-full juicier,...
Published: 05/22/18
Brink: Which Florida companies have the biggest gaps between CEO and worker pay?

Brink: Which Florida companies have the biggest gaps between CEO and worker pay?

The typical Publix employee earns $40,135. At Duke Energy, it’s $122,365. Home Depot: $21,095. Last year, that financial information would have been hard to find. Now, it’s easy, thanks to a new requirement that publicly traded companies...
Updated: 16 minutes ago
Shoppers begin Publix boycott as chain continues supporting Adam Putnam for governor

Shoppers begin Publix boycott as chain continues supporting Adam Putnam for governor

Publix has been Florida’s favorite grocery chain for decades — but some shoppers are turning their backs on the store after learning it donated more than half a million dollars to gubernatorial candidate Adam Putnam. A handful of state advocacy group...
Updated: 18 minutes ago
One of Ybor City’s most historic blocks about to see construction of four-story boutique hotel

One of Ybor City’s most historic blocks about to see construction of four-story boutique hotel

TAMPA — Developers are poised to launch construction this week on one of Ybor City’s biggest new projects in years — a four-story, $50 million boutique hotel being created by a Chicago company that seeks out neighborhoods rich in color and character....
Updated: 4 hours ago
FPL parent wants to expand its Florida footprint with new purchase

FPL parent wants to expand its Florida footprint with new purchase

TALLAHASSEE — The parent company of Florida utility giant Florida Power & Light announced Monday that it will buy the largest electricity producer in Northwest Florida, Gulf Power, in a $6.4 billion deal.Juno Beach-based NextEra Energy Inc. said in a...
Updated: 6 hours ago
GasBuddy predicts plunge in summer travel, blames gas prices

GasBuddy predicts plunge in summer travel, blames gas prices

At least one gas price tracker expects rising fuel prices to sharply curtail summer travel. "For all those that have said summer travel will be unaffected by high gas prices, we offer thousands of respondents who have strongly indicated that’s not tr...
Published: 05/21/18
Barack and Michelle Obama are becoming television and film producers for Netflix

Barack and Michelle Obama are becoming television and film producers for Netflix

Netflix announced a production deal Monday with Barack and Michelle Obama that will see the former first couple create a wide range of content for the streaming service.The deal, talks for which had first been reported in March, will encompass a wide...
Published: 05/21/18