Meijer bows new stores

Meijer has opened two new stores as part of its planned $400 million investment in new and remodeled locations.

The 192,000-sq.-ft. supercenters are located in Evansville, Indiana and Owensboro, Kentucky, states where Meijer operates more than 40 existing units.

"Investing in Evansville and Owensboro was an easy decision for us," CEO Hank Meijer said in a statement. "We're excited to serve new friends and neighbors. We're looking forward to working with both communities and growing alongside the families of the tri-state area."

Privately held Meijer has been slowly expanding in existing markets and plans to invest in new ones as well. The company recently purchased land near Minneapolis for what will be its first store in Minnesota, Target's home base.

For more:
- see this Meijer press release

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