EQUITY RETAIL BLOG

Dollar General expanding store count, adding fresh produce

According to an article in Supermarket News, Dollar General plans to add 900 new locations this year and pending a successful market test, will add fresh produce to hundreds of remodeled locations. The company has introduced “traditional plus” stores that include 34 cooler doors to merchandise an expanded perishables assortment (by year-end, the company expects […]

Redner's closing its Doylestown, PA store

Redner’s Warehouse Market announced earlier this month that it plans to close its Doylestown Point Plaza store on March 31. Redner’s currently operates 44 grocery stores and 21 Quick Shoppes in Pennsylvania, Maryland and Delaware. “The lease on this location is approaching its end and the property owner presented us with an offer to end […]

Dollar General Overview Article

This article provides good Dollar General statistics, growth plans, information about the middle class, and an overview of the competition.  It’s a brief article that’s worth your time.  The Inquirer Article

New Starbucks in Royersford, Pennsylvania.

  Making progress on a Cash & Caffeine in Royersford, PA.  Not long until some fresh Starbucks.  Diamond Credit Union sharing the building.  

Driving Has a Certain Ring to It: Drive Time Demos

Is There Another Way? Since I broke into this business just over 20 years ago, the industry has customarily used radius ring demographic reports.  What would we do in the Philadelphia suburban market without the 1, 3, and 5-mile radius ring demos?  They have always been and have continued to be a great resource to […]

Investments in grocery-anchored centers grew in 2017

Investments in grocery-anchored shopping centers grew by 5.3% last year compared to 2016, according to a report issued by Chicago-based Jones Lang Lasalle (JLL). The increase makes the grocery-anchored segment one of the few retail sectors to see real growth. The report also stated that grocery store openings declined by 29% in 2017, with several […]

Kohl's to add Aldi to stores in pilot program

Kohl’s announced last week that it will bring Aldi into as many as 10 stores later this year in an attempt to increase customer traffic and store productivity. The specific stores were not released. Earlier this year Kohl’s CEO Kevin Mansell said the company had “a whole list of partners” ready to fill the space […]

PA Dairy Farm sells 15,000 pastries on Fasnacht Day

In what apparently is an annual tradition at Oregon Dairy in Lititz, PA, Fasnacht Day was held last month and was a great success. A fasnacht is a Pennsylvania Dutch doughnut-style pastry historically served on Shrove Tuesday, also known as Fat Tuesday or Mardis Gras, to mark the beginning of fasting on Ash Wednesday. Oregon […]

Target ramping up CapEx, small-format stores, e-commerce efforts

Target announced earlier this week that it plans to spend about $3.5 billion on capital expenditures in 2018 (compared to $2.5 billion last year) as it accelerates investments in store remodels, small-store formats and other initiatives. The company also reported that the investments will likely have an adverse affect on profit margins. Target execs said […]

Equity CRE Needs Another Tenant Rep Agent

We would love to have another person join our team and learn the business from the ground up.  If you have interest or know someone who would be a good candidate, we would certainly appreciate connecting.  My number is 610-645-7700 x108. Thank you.   Job Title:                  Tenant Representation Agent Location:           […]