EQUITY RETAIL BLOG

PA High Court Upholds Beer Sales at Wegmans

It will certainly be interesting to see what (if any) changes the state makes to current beer laws and the effect the changes have on supermarkets and shopping centers. http://online.wsj.com/article/APac643d523dcf472b8b13b61d01cdaadb.html (The fact that my last two posts are about alcohol has nothing to do with the fact that I was out late last night with […]

Wal-Mart Could House Wine Kiosks

It was only a matter of time… Wal-Mart Could House Wine Kiosks

What do the Bryan brothers, a Rabbi and Joe Piscopo have in common?

That’s easy.  They all spent the first night of Hanukkah with me. I moonlight as a tennis announcer, and last night I was the emcee and announcer for a charity exhibition at Courtside Racquet Club in Lebanon, NJ.  I agreed to do the event months ago, but it was only a few weeks back that […]

Holiday Season Off to a Strong Start

From Shopping Centers Today (International Council of Shopping Centers): Black Friday weekend sales results are giving cause for cheer among retailers and landlords, according to analysts. Weekly sales rose 0.5 percent for the week ending Nov. 27, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Index released today. And on a year-to-year basis, the […]

Deerwood Real Estate Capital Secures Loans for Three Area Shopping Centers

Richland Plaza in Quakertown ($9.43M), Montgomery Commons in North Wales ($18.35M), and Adams Plaza in Philadelphia ($1.9M) have secured loans from Deerwood Real Estate Capital. Richland Plaza and Montgomery Commons are anchored by Redner’s Markets. Here’s the story from Natalie Kostelni at the Philadelphia Business Journal. http://www.bizjournals.com/philadelphia/blogs/real_estate/2010/11/deerwood-firm-secures-loans-for-phila.html

Aldi Rolling Out Larger Units

I think the September story about Aldi rolling out its first location inside a regional mall (in Chicago) is bigger news than expanding stores by 1500 square feet. Aldi Rolling Out Larger Units

Price Chopper Strikes Again

Even though Price Chopper isn’t in the Philly market, it’s no secret that I’m a fan. It is my hometown supermarket, after all. And though the following story appears to be about cake, it’s really about the company’s philosophy. Price Chopper didn’t just introduce a new line of cake, they relied on employees and customers […]

Retail Space Back in Demand in 2011

Increased retail sales and limited space supply will result in an “uptick” in demand, according to CBRE Econometric Advisor’s Annual Trends 2011. http://baltimorerealestate.citybizlist.com/7/2010/11/24/CBRE-EA–Retail-Space-Back-in-Demand-in-2011.aspx

Alec Baldwin Rocks Wegmans Ads

After seeing story after story about Alec Baldwin’s Wegmans commercials, I thought I’d post one of them. The Baldwin – Wegmans relationship is pretty neat, especially since it wasn’t initiated by Wegmans, and that Baldwin is donating his fee to his mother’s charity. http://www.nacsonline.com/NACS/News/Daily/Pages/ND1124107.aspx

Washington DC reacts to plans for new Walmart stores

This isn’t a Philly story, but it’s still interesting. It illustrates the intense reaction Walmart gets when coming into – or expanding in – a community, whether big or small. http://www.bizjournals.com/washington/blog/2010/11/blogs-twitter-shops-unions-react-to.html