EQUITY RETAIL BLOG

Aldi accepting credit cards nationwide

Aldi made national news last week when it announced it would accept credit cards at its stores across the country. Until now the company accepted cash and debit cards, but didn’t want to pay the processing costs associated with credit. In 2014 Aldi tested credit card acceptance at stores in the Minneapolis, MN and Syracuse, […]

Instacart, Google making online grocery shopping better and easier

It’s no secret that online grocery shopping is a real thing, and many people are doing it. However, it has its drawbacks, mostly that the customer can only choose from items sold at one specific store, and often the online assortment is smaller than the assortment offered in the store. Enter Instacart and Google. With […]

Sports Authority Closure List

USA Today Article Sports Authority plans to begin liquidation sales as soon as Friday at about 140 stores that are set to close as part of its Chapter 11 bankruptcy. The Englewood, Colo.-based chain — owned by Los Angeles-based private equity firm Leonard Green & Partners — filed for bankruptcy Wednesday, citing $1.1 billion in debt and saying that its sales had […]

Chick-fil-A's Great New Strategy

This one is for millennial Moms…. Chick-fil-A, in its quest to steal a bit of business away from McDonald’s, has launched a new service to make their offerings more attractive for moms, particularly Millennial moms between the ages of 18 and 35. David Farmer, Chick-fil-A’s vice president of menu strategy and development, told Business Insider that the […]

McCaffrey's Opening Two New Stores

Doylestown – 13,000 SF Blue Bell – 50,000 SF Supermarket News Article McCaffrey’s Food Markets said it would open two new stores in Pennsylvania including a 13,000-square-foot store in Doylestown the company described as a “best of McCaffrey’s” offering. Both stores are expected to open in late spring. The Doylestown store, identified as Simply Fresh […]

Target food sales growing faster than overall company sales

Target reported this week that comparable food sales grew faster in the fourth quarter than overall company sales. The company views this growth as validation of the changes it continues to make in food assortment, freshness and presentation. Target also said that it expects the replacement of its own pharmacies with the CVS brand should […]

Whole Foods getting flak from analysts over new 365 format

Whole Foods Co-CEO Walter Robb was widely criticized by analysts earlier this month when he outlined strategies for the rollout of the company’s smaller “365 by Whole Foods Market” format. According to Whole Foods’ website, the new stores, slated to begin opening this year, will offer convenience and everyday low prices on natural and organic […]

McCaffrey's planning two new PA stores

McCaffrey’s Food Markets announced recently that it would open a new, small format store in Doylestown, as well as a 50,000 square foot store in Blue Bell that was previously occupied by Super Fresh. Both stores are expected to open in the spring. The Doylestown store will be called Simply Fresh by McCaffrey’s and will […]

Kroger eyeing Fresh Market acquisition

A report last month stated that Kroger, the nation’s largest traditional supermarket chain, has interest in purchasing The Fresh Market. The Fresh Market had previously acknowledged that it was reviewing strategic alternatives, but speculation had been on a “going private” deal with founder Ray Berry. The Fresh Market had an estimated $1.9 billion in sales […]

Key Food Co-op acquires Super Fresh name

Earlier this month the Key Food Cooperative reported that it had acquired the Super Fresh brand from A&P and that it is “planning to open several stores under the Super Fresh banner in the near future, the first of which may be as early as this month.” Key Food previously acquired the Food Emporium banner […]