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David Goodman | Jun 05, 2023 |

Wegmans closing Boston area store

Wegmans announced that it plans to close its 134,000 square foot, multi-level store at the Natick Mall outside of Boston later this summer. The supermarket, one of the chain’s largest, opened in 2018. A Wegmans spokesperson said the “non-traditional location” was unable to attract enough customers. Wegmans added that it did not have plans to […]

David Goodman | May 16, 2023 |

Federal Realty and Amazon suing each other over planned Amazon Fresh store that hasn't opened

According to published reports this morning, Federal Realty is suing Amazon for defaulting on its lease and not opening its planned Amazon Fresh store in Willow Grove, PA. Amazon is countersuing, alleging that Federal did not complete its required work. The Willow Grove site is one of several in the Philadelphia region where an Amazon […]

David Goodman | May 15, 2023 |

Weis Markets to anchor mixed-use center in Middletown, DE

The Blenheim Group reported last week that Weis Markets plans to anchor Bayberry Town Center in Middletown, DE, its proposed 280,000 square foot shopping center in the 1,500-acre planned community known as the Village of Bayberry. At 64,000 square feet, Weis will be joined by about 185,000 square feet of adjacent retail and nine pad […]

David Goodman | May 15, 2023 |

Wawa breaks ground on first NC store

Wawa broke ground last Friday on its first planned location in North Carolina. The store, at 1900 N. Croatan Highway in Kill Devil Hills in the Outer Banks, is expected to open next year. Wawa also has plans for stores in Wilmington and Elizabeth City, NC, but no timetable has been set.

David Goodman | May 10, 2023 |

Giant to open store across from Acme in Jenkintown, PA

Giant announced that it plans to construct a new 50,000 square foot store at the corner of Old York and Wyncote Roads in Jenkintown, PA, where Glanzmann Subaru used to operate its dealership. Blank Aschkenasy is the developer. Construction is slated to start following the entitlement and permit process. There is no projected opening date […]

David Goodman | May 07, 2023 |

Wawa traffic on the rise, Placer names it one of "10 Retail Brands to Watch"

A report earlier this year from Placer.ai found that Wawa, one of Placer’s “10 Top Retail Brands to Watch in 2023,” can attribute much of its success to its ability to shift priorities and strategies in the face of rising prices and shifting post-Covid work routines. The report also mentioned that Forbes ranked Wawa number […]

David Goodman | May 07, 2023 |

Survey says Wegmans and H-E-B are best in class

We know that Walmart accounts for the most grocery dollars in the U.S., but according to a recent survey, the world’s largest retailer accounts for almost twice as much as second place Kroger. The survey, conducted by MarketForce and called “US Grocery Benchmark Study: Consumer Experiences and Competitive Benchmarks,” was based on answers from 6,555 […]

David Goodman | May 05, 2023 |

Ideal Food Basket opens in Bethlehem

Ideal Food Basket, a 15,000 square foot store featuring a bakery, deli and seven aisles of groceries, opened last week in Bethlehem’s south side, considered by the USDA to be a low income and low access area (formerly known as a food desert). The building previously housed Ahart’s Market, which closed two years ago after […]

David Goodman | May 05, 2023 |

Economic Policy Institute says Kroger-Albertsons merger could cost workers $300M

The Economic Policy Institute, an independent, nonprofit think tank that researches the impact of economic trends and policies on working people in the United States, said in a policy memo that workers at Albertsons and Kroger could lose a total of $300 million annually if the $24.6 billion merger between the two grocers takes place. […]

David Goodman | May 05, 2023 |

Weis Markets plans to invest $160M in growth

Weis Markets CEO Jonathan Weis said at the company’s annual shareholder meeting earlier this month that they plan to invest more than $160 million this year on new stores, remodels, fuel centers and information technology upgrades. “Our budget includes 20 remodels, six fuel centers, one addition and one new store, which will open in 2024,” […]

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David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties.

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