EQUITY RETAIL BLOG

Plans submitted for first Delaware Wegmans

The state of Delaware is slated to get its first Wegmans supermarket. According to WDEL.com and Pettinaro Development, the store would be located at Barley Mill Plaza in Greenville if approved by New Castle County Council. If approved, Wegmans would be an integral part of a multi-use plan that includes office, retail, apartments and townhouses.

Study finds that dollar store produce as good as supermarket produce

A study conducted by the University of Nevada Las Vegas (UNLV) concluded that the quality of fruit and vegetables at dollar stores is as good as the produce at conventional grocery stores. For the study, fruit and veggies at 14 dollar stores were compared in terms of color, cleanliness, freshness and firmness with produce at […]

Amazon reportedly to launch supermarket business; Los Angeles, Philly in the mix

Amazon plans to launch a new retail grocery business, according to a report in The Wall Street Journal. The report stated that Amazon already plans to open a grocery store in Los Angeles – possibly before the end of this year – and has signed leases to open two more in early 2020. In addition, […]

Saladworks to expand presence at Brown's Wakefern supermarkets

Saladworks opened its first-ever location in a supermarket about a year ago, in a Philadelphia ShopRite owned by Jeff Brown. And now, after deeming the pilot a success, it plans to expand its presence at Brown-owned Wakefern Food Corp. locations in Greater Philadelphia. So far, Saladworks restaurants are planned for Brown’s ShopRite and Fresh Grocer […]

Giant opens 38,000 SF e-commerce hub in Lancaster, PA

Giant held a grand opening earlier this week for its 38,000 square foot Giant Direct hub, built on the site of a closed Giant supermarket in Lancaster, PA. The facility serves as a curbside pickup site and grocery delivery center. It’s the fifth site of its kind for Giant. According to the company, customers can […]

Price comparison finds Whole Foods, Acme as most expensive in Philly

A December story on Philly.com reported the findings of a Consumers’ Checkbook study that compared prices of 19 grocery stores in the region. The lowest prices? Walmart. The highest? Whole Foods. “When Amazon purchased Whole Foods last year, many consumers were excited by the prospect of paying Amazon-like prices for Whole Foods-quality products,” said Checkbook […]

We Understand...Tenant Pain Points

‘Pain Points’ are defined as “A problem real or perceived.”  Our job as tenant representation brokers is to understand, avoid, and cure tenant pain points.  It’s our pleasure to be a resource for tenants, meeting client objectives and ensuring pain points are not felt under our watch. If you aren’t yet working with us and […]

Trader Joe's to end grocery delivery in Manhattan

Trader Joe’s announced that effective March 1, the company will cease grocery delivery services in Manhattan stores. According to Business Insider, an email statement from Trader Joe’s cited cost and the availability of other delivery services in the area. Unlike most leading grocers, Trader Joe’s typically does not provide online grocery shopping, nor does it […]

Lidl planning to take part of vacant Acme in Lansdale, PA

Lidl presented plans to Towamencin Township last month to take over about half of the former Lansdale, PA Acme that closed last summer. Acme occupied about 60,000 square feet. “We’re definitely looking at opening this year, this calendar year. That’s the hope,” said Sam Kachidza, Real Estate Manager of Acquisitions for Lidl U.S. The site […]

No plans for more Whole Foods 365 stores

Whole Foods announced last month that the company will not open any more Whole Foods 365 stores, but the 12 existing stores will remain in business. The smaller 365 stores were launched in 2016 and featured Whole Foods private-label products in an attempt to lure customers who wanted to avoid the full-sized stores, also known […]