Development/Redevelopment

KOBE, Japan - The world's largest retailer is looking to expand its global presence once again, this time by considering an investment in Daiei, Japan's third-largest and financially troubled retailer.

MATTHEWS, N.C. ¿ Harris Teeter, the wholly-owned subsidiary of Ruddick Corp. that operates in the six Southeast states, will be celebrating the grand opening of its new Fort Mill, S.C. store with a ribbon cutting Sept. 15.

MELBOURNE - Warehouse-style retailer Costco Wholesale Corp., which currently operates stores in Korea, Taiwan, and Japan, among other countries, is eyeing Australia as a new growth market, according to published reports.

ST. LOUIS - Schnuck Markets, Inc. will build a replacement store for its Eureka, Mo. location. Company officials say construction of the new store, to be located at the intersection of Interstate 44 and Highway 109, just one mile from the present site, will begin once the developer and city officials finalize plans.

COMMERCE, Calif. ¿ The first 99 customers at the three new 99 Cents Only Stores opening Thurday in Texas and Nevada will walk away with incredible bargains as part of the chain's Grand Opening celebration.

MATTHEWS, N.C. -- Fast-growing Family Dollar Stores opened 109 discount stores during the four-week period ended August 28, 2004, bringing its total to 5,466.

PITTSBURGH - A new Shop 'n Save is expected to open at the East Liberty Station shopping center here February 2005 and plans to leverage its Icon Brand Partner Program to go head to head with nearby Giant Eagle and Whole Foods Markets.

ATLANTA - Aldi, Inc., the Germany-based grocer known for its limited-assortment discount stores, is opening two more stores in the Atlanta market this week, bringing its total in that area to 11.