EQUITY RETAIL BLOG

Redner's Fresh Market opening tomorrow in Lewes, DE

Delaware’s first Redner’s Fresh Market is slated to open tomorrow (11/17) in Lewes, not far from Rehoboth Beach. The 49,000 square foot store will have the usual supermarket departments – bakery, deli, meat and seafood, produce, and prepared meals. In addition, Redner’s will have a fuel kiosk in the shopping center parking lot. The location […]

Lidl-anchored center to replace industrial plant in South Philly

Recent reports state that the century-old industrial plant that sits across the street from John’s Roast Pork at the corner of East Snyder Ave. and Weccacoe Ave. in South Philly will be replaced with a shopping center anchored by Lidl and including Advance Auto Parts, Chase Bank, Raising Cane’s and Shake Shack. The area is […]

Survey says that Walmart tops Amazon as grocery destination

A report called “2022 Amazon vs. Walmart” by Jungle Scout, a company that provides an e-commerce platform for selling on Amazon, concludes that consumers prefer Walmart over Amazon when shopping for groceries, even though Amazon holds the overall lead in retail e-commerce. Jungle Scout surveyed more than 1,000 U.S. adults, 57% of whom said they […]

Weis Markets posts strong third quarter sales

Weis Markets announced third quarter earnings this week, highlighted by robust sales gains. For the quarter ended September 24, net sales reached $1.15 billion, up 8.2% from the same period a year earlier. The company noted that the net sales gain reflects, in part, retail price inflation in grocery, fuel and fresh product categories. Excluding […]

Real Estate Matchup Between Astros and Phillies

A World Series between the Houston Astros and Philadelphia Phillies is also a matchup of two of the country’s most important commercial real estate markets. Those baseball teams play in the fourth- and sixth-largest U.S. cities, located along key shipping ports, and amid thriving warehouse and apartment demand, according to CoStar data. Houston and Philadelphia […]

C-Store execs want more fresh food, better checkout options

A recent report found that convenience store executives are adopting new strategies – like ramping up fresh food offerings and embracing flexible, speedy checkout processes – to stay relevant and keep up with grocery and general merchandise retailers. The study, conducted in September, surveyed 128 convenience retail executives in the U.S. It was conducted by […]

For Halloween Shopping, Consumers Prefer Specialty Store Haunts

National Retail Federation Expects Record $10.6 Billion in Spending on This Year’s Holiday Specialty Halloween stores will be gobbling up a lot of sales this year, according to the National Retail Federation as it predicts a record $10.6 billion in spending overall for the holiday. Halloween shops and costume stores, like the ubiquitous Spirit Halloween […]

Groundbreaking anniversary nears for Atlantic City ShopRite with no visible progress

It’s been 11 months since state and local officials – including Governor Phil Murphy – broke ground on the new ShopRite on Baltic Avenue in Atlantic City, but not much has happened since, at least not visibly. At the time, Governor Murphy said he was told by ShopRite Operator Bill Sumas the store would be […]

Aldi piloting full e-commerce website

Aldi announced last week that it is working with e-commerce specialist Spryker Systems to significantly enhance its website with the goal of transforming it from information-only to a fully transactional e-commerce site. The company said a new digital platform is currently being tested with a group of U.S. customers and is slated to roll out […]

Conscious Consumerism: As Black Friday Wilts, Green Friday Sprouts

Not so long ago, Black Friday was a day to be anticipated and celebrated. After Americans stuffed themselves on Thanksgiving, they went in search of stuff to buy the day after. People camped overnight outside stores to take advantage of the doorbuster specials. Shoppers in Walmart came to blows over deals (literally). Such was its […]