EQUITY RETAIL BLOG

Grocers And Restaurants Are Leading Retail Growth

For the First Time in 5 Years, Brick-and-Mortar Retail Openings Are on Track To Outnumber Store Closings Here’s something to look forward to: Brick-and-mortar store openings in 2022 are on pace to outnumber store closings for the first time in five years. The trend is an ironic byproduct of the pandemic, said Erik Foster, a […]

Amazon's physical store sales grow 17.1% in first quarter

Despite an overall loss in the first quarter of nearly $4 billion (due to an investment valuation loss), Amazon experienced a double-digit gain in the first quarter by its brick-and-mortar stores. For the quarter ended March 31, physical-store sales, which include Whole Foods Market, grew 17.1% compared to the same quarter last year. The increase […]

BJ's to open new, smaller format store

BJ’s Wholesale Club has unveiled a new, smaller-format store called BJ’s Market that’s about half the size of a normal club location. The 43,000 square foot store is scheduled to open later this week in Warwick, RI. According to BJ’s, the new concept will offer fresh foods, produce, sundries and seasonal products, among others, and […]

$580 Million in Upcoming Philadelphia projects

Recent proposed projects in Philadelphia show how some of the city’s development hotbeds are continuing to heat up. Just since February 2022, over $580 million in new projects have been proposed for the Greater Philadelphia region. In Fishtown, an area in east Philadelphia, a mixed use development (the Frankford) is being planned for 1120 Frankford […]

Study shows that 87% of grocery shoppers still prefer the in-store experience

A report released earlier this year by Advantage Sales revealed that nearly nine in 10 households’ principal shoppers buy their groceries mostly or only in person, even though online grocery has increased significantly since the pandemic. The study of more than 1,000 U.S. adults who do at least half of their household’s grocery shopping reported […]

The Fresh Market sits atop USA Today "Best Supermarkets" list

The Fresh Market recently topped the list of the “Best Supermarkets in America” in USA Today’s 2022 10Best Readers’ Choice Awards. The specialty grocer, which operates 159 stores in 22 states, finished number one in the poll last year as well. Midwestern grocer Hy-Vee came in second, followed by Aldi. Here’s the complete top 10 […]

Grocery Outlet now offering Instacart delivery

Grocery Outlet, the “value grocer” that has been actively expanding in the Greater Philadelphia market, announced last week that it has rolled out Instacart’s online delivery service to almost all of its stores. According to the company, nearly 400 stores in Pennsylvania, California, Oregon and Washington now offer Instacart’s same-day delivery service. The Instacart rollout […]

The Greatest Retail Innovation Of The Next 30 Years

Amazon’s “Just Walk Out” tech will soon be looked upon as the greatest retail innovation of the next 30 years. The award won’t go to voice commerce. It won’t go to Zuck’s metaverse. It will go to the technology platform that first debuted inside of a small Amazon Go store in January 2018, forever offering […]

Wakefern exec talks about the pandemic, supply chain issues and inflation

Wakefern, the privately owned cooperative celebrating its 75th year, has had to deal with supply chain issues and spiking inflation since the beginning of the pandemic, just as its many competitors have. According to Executive Vice President Chris Lane, the company has navigated the pandemic by investing in automated checkout lanes, robot delivery carts that […]

Aldi remains America's fastest-growing grocer

JLL’s Grocery Tracker 2022 report stated that total grocery sales reached $803 billion in 2021, and a report by Datex indicated that Aldi was the most active grocer over the course of the year, just as it was during the two previous years. And the discount grocery retailer is showing no signs of slowing down, […]