EQUITY RETAIL BLOG

Price Rite debuts new store designs and expanded offerings

Wakefern’s Price Rite Marketplace held grand re-openings earlier this month for stores in Bethlehem, Allentown and Secane, PA where it’s piloting new store designs, expanded fresh and private-label offerings, and enhanced price savings. The grocer also said it is now offering a larger selection of Wholesome Pantry products, which include organic and gluten-free options. The […]

Grocery Outlet to close Royersford, PA store

The Grocery Outlet in Royersford, PA announced that it will close on October 30, but township residents and several government and elected officials are pleading with the company to keep the store open. There is a Giant supermarket down the road, and several supermarkets in the Route 422 corridor. The Grocery Outlet currently has more […]

Kosher supermarket opens in Northeast Philly

The first all kosher supermarket in the Philadelphia region opened last spring on Bustleton Avenue in Northeast Philadelphia. The 13,000 square foot store offers foods like meats, pizza, sushi, breads, candy and kugel, as well as household staples like laundry detergent and paper towels. According to Lubicom Marketing Consulting, a New York firm that co-hosts […]

Sprouts opens in Philly

Sprouts Farmers Market opened its first Pennsylvania store last month at Lincoln Square in Philadelphia. At 32,000 square feet, the store carries about 19,000 products, 90% of which are natural or organic, according to the company. In addition, 6,100 products are non-GMO and 7,100 are gluten free. Sprouts currently operates 316 stores in 19 states. […]

Ross: As Others Retrench, Discount Chains Grow

This article offers a handful of nuggets that break down why discounters like Ross are finding success against online shopping.   Ross‘s average item price is only $10 98% of Ross’s goods are under $30 Online retail has trouble offering these prices for top brands and still making money Ross and others buy excess inventory from […]

NEW STORES - December'17-July'18

Please note, this list was compiled using a Google Alert for “new stores”.  The list is not guaranteed to be complete, but serves as a reference for the retail real estate community.  My hope is that it will be useful to you in some form or fashion. At the least, it can serve as a sign […]

End Tables, Ottomans...and Wine Bars?

  Furniture Retailers Go to New Lengths to Draw Buyers, Support Mall Expansions, Luring Customers With Exotic Wildlife, Wine Bars CoStar News: August 28, 2018 | Rob Smith     Bob’s Discount Furniture is among the furniture retailers expanding across the country, taking space in malls and shopping centers. A Gallery Furniture store in Houston features […]

United Natural Foods to acquire Supervalu

United Natural Foods announced that it plans to acquire Supervalu for $2.9 billion in cash. According to Supermarket News, the deal would create a large, diverse food distributor serving traditional grocery stores via Supervalu, and natural/organic product retailers though United Natural Foods, whose primary customer is Whole Foods. The acquisition is expected to result in […]

Aldi planning a major product expansion in 2019

Earlier this month Aldi announced a major product expansion to go along with its ongoing efforts to open new stores and upgrade existing locations. With the product expansion, slated to roll out early next year, Aldi says 20% of items in every store will be new when compared to the product mix during the same […]

Walmart testing self-driving cars and robots

Walmart’s vice president of digital operations said late last month that the company plans to pilot an online grocery service with self-driving cars that pick up customers at their homes and take them to the store to collect their orders. Walmart plans to test the service in Chandler, AZ with Waymo, formerly Google’s self-driving car […]