Meijer to invest $400M in new, remodeled stores this year

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Midwest retailer Meijer Inc. plans to invest more than $400 million in new and remodeled stores this year.

Grand Rapids-based Meijer announced Wednesday that the investment includes construction of nine new Meijer supercenters and 32 remodeling projects. New supercenters are scheduled to open this year in Indiana, Michigan, Illinois, Kentucky and Wisconsin.

Indiana's newest Meijer store will be in Indianapolis at Keystone Avenue and 56th Street. The previously announced 192,000-square-foot store is expected to open in June. It will give Meijer a total of a dozen stores in the area.

Three of those stores are undergoing remodeling projects this year, including one at 5349 Pike Plaza Road and another at Southport Crossing Shopping Center. Meijer's store in Carmel received a multi-million-dollar renovation in 2015.

CEO Hank Meijer said in a written statement that the company is "pleased to continue to grow and invest in the Midwest communities that have supported us for so long."

Since 2010, Meijer has opened 36 new stores and remodeled dozens of others. The company said each new store creates as many as 300 jobs.

Meijer operates 224 supercenters and grocery stores in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.

The company also has plans to build a store in Westfield and in McCordsville in future years. 

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