EQUITY RETAIL BLOG

Making the most of experiential retail

Opportunities in tenant representation and landlord leasing are constantly in flux—and the arrival of experience-oriented operators like Wondershare, Cinergy, The Void and Round 1 is a case in point. Not so long ago, sellers of hard and soft goods were the prime focus of retail tenant reps and landlord leasing teams alike. However, disruptive forces […]

Amazon bids on Fairway Market stores in NY and NJ

The New York Post reported that Amazon has made bids for four Fairway Market stores. The stores are in Brooklyn and Pelham Manor, NY, and Woodland Park and Paramus, NJ. Fairway Market recently filed for Chapter 11 bankruptcy. Two supermarket operators previously made bids on Fairway stores. Bogopa, which operates 26 Food Bazaar supermarkets in […]

Modern food distribution system not yet able to handle coronavirus

In the last few years, a “shipping revolution” has caused the food industry to prepackage food products at the factory, according to Jeffrey Tucker of Tucker Company Worldwide, a NJ-based logistics firm. Just the right amount of food is prepackaged for restaurant deliveries, and just the right amount is prepackaged for grocery stores. The system […]

Whole Foods giving raises, supermarkets reacting to coronavirus

Grocery stores are seeing high levels of customer activity with both the reasonable and panicked reactions to the coronavirus. Cleaning supplies and toilet paper (really?) are of particular interest to consumers. Some stores seem to be restocking better than others. Earlier this week Whole Foods announced that it’s giving hourly employees a $2 per hour […]

Amazon Go: Amazon adding grocery formats in effort to dominate markets

With the opening of the first Amazon Go Grocery store in Seattle a few weeks ago, along with the company’s plans for a new supermarket chain, industry expert Bill Bishop of Brick Meets Click believes that “Amazon’s ultimate goal for grocery is to be the dominant provider in many of the most affluent market areas.” […]

The Retail Brokers Network…So Worth It

The Retail Brokers Network is a nationwide group of retail commercial real estate brokerage firms.  My company and I have been proud members for over fifteen years. Retail Brokers Network Member: Eastern PA, Southern NJ, Northern DE Information The Retail Brokers Network (RBN) members are an agent’s best source of information. Getting on the national […]

Burlington Exits E-commerce to Focus on Brick and Mortar

A recent article in Retaildive.com by Ben Unglesbee points out that Burlington is exiting e-commerce in favor of its brick-and-mortar stores. Burlington Stores is shutting down its e-commerce site to focus on its brick-and-mortar business, CEO Michael O’Sullivan told analysts Thursday, according to a Seeking Alpha transcript. “In our business, which is a moderate off-price […]

Supermarket growth continues at a fast pace in Philadelphia

A Billypenn.com article recently reported on the plethora of supermarket openings in the city of Philadelphia. According to author Layla A. Jones and her sources, the city welcomed 56 grocery stores between 2015 and 2018, and over the past two years, the Department of Licenses and Inspections issued 255 permits for retail food sales. Here’s […]

Several grocers announce new Greater Philly stores, as Swann's Pantry closes

Warminster, PA Bucks County, PA will see its first Lidl store when it opens in a former Pathmark in Warminster later this year. And according to township officials, Weis Markets will fill a portion of the former Kmart building nearby, and Aldi is proposing a new store a few miles away. West Philadelphia In the […]

Off-price continues to be on point

Nordstrom Rack now sells Rent the Runway apparel, a prime example of why this sector is poised to have yet another good year. RetailDive.com, Daphne Howland, Jan. 28, 2020 Apparel retail has never been for the faint-hearted, and today the segment has retailers by their throats. Customers don’t want to pay full price for apparel […]