EQUITY RETAIL BLOG

Supermarkets lead customer experience survey; Wegmans tops all companies

The Temkin Group, a research and consulting firm, said earlier this month that its 2018 Temkin Experience Ratings survey of 10,000 U.S. shoppers revealed that supermarkets were tops in customer experience ratings among 20 industries evaluated. Supermarkets posted a rating of 78.5%, up from 78.1% in 2017. The industries near the top of the list […]

Upper Darby shopping center owner to propose $120 million renovation

Drexeline Shopping Center, an Upper Darby, PA retail center built in the 1950’s, will undergo a $120 million renovation, according to property owner MCB Real Estate. The new center will feature a redesign for current tenants like ShopRite, Crozer-Keystone Medical Center, PNC and Wells Fargo, and the addition of a Wawa Superstore, new office building, […]

Sprouts confirms South Philly store but isn't coming to South Jersey

Sprouts Farmers Market announced that its first Pennsylvania store, under construction in South Philadelphia, will open before the end of the year. The 32,000 square foot store will be part of Kimco Realty’s Lincoln Square development that includes Target, PetSmart and approximately 350 apartments. It had been reported since last spring that Sprouts was coming […]

Amazon considering Whole Foods stores to aid distribution efforts

A recent report stated that Amazon “is betting on its online delivery business by investing in bigger Whole Foods Market locations across the U.S.” These larger Whole Foods stores (50,000 – 80,000 SF, according to a Bloomberg report) would include storage facilities that could hold electronics, books and fitness gear from Amazon.com. It’s unclear at […]

New Pet Supplies Plus Store

Say hello to the new Pet Supplies Plus store in Woodlyn, Pennsylvania. Special thanks to Pet Supplies Plus, the Morello’s, & the owner of the center, Raymour & Flanigan. Brian Wherty and I were happy to be a part of the process.  

Kimberton Whole Foods opens in Collegeville

Kimberton Whole Foods opened in Collegeville, PA last month in the midst of a nor’easter. The official grand opening, however, enjoyed better weather over the following weekend. The store represents the chain’s largest of six stores, all in the Pennsylvania suburbs. It features “a cafe with freshly-made juices, smoothies and sandwiches, specialty coffees, a hot […]

PA ranks second in organic food sales

According to a report published by the U.S. Department of Agriculture, Pennsylvania trails only California in the sale of organic products. Statewide consumption of organic foods in Pennsylvania has increased by about ten times over the past decade, and has doubled from 2015 and 2016. Nationwide, organic food sales reached $43 billion last year, an […]

BJ's expands Instacart partnership

BJ’s Wholesale Club, which has been marketing heavily to Sam’s Club customers since the Walmart-owned company closed several stores, has expanded its same-day delivery agreement with Instacart and will soon offer the service from all 215 stores. Instacart also recently expanded its partnership with Costco, Kroger and Aldi. According to Kroger, two-thirds of its customers […]

Rite Aid transfers 1,651 stores to Walgreens

Rite Aid announced last month that it has transferred 1,651 stores to Walgreens. In all, Walgreens is buying 1,932 stores and three distribution centers from Rite Aid for about $4.4 billion in cash. The transfer of the remaining stores to Walgreens will take place this spring. The remaining 2,500+ Rite Aid stores are being sold […]

Walmart adding grocery delivery in 100+ markets

Walmart announced that it plans to expand its online grocery delivery service to more than 100 metro areas around the country. The company says the service will be available to more than 40 percent of U.S. households by year-end. Currently Walmart’s grocery delivery service is available in six markets, where customers can receive their orders […]