EQUITY RETAIL BLOG

Piggly Wiggly opening a supermarket in New York State

Last week Piggly Wiggly, the popular supermarket chain mostly found in the South and Southeast, marked its entry into the Northeast with the opening of a store in Watertown, NY, which is about an hour north of Syracuse. The store is operated by GU Markets, an affiliate of C&S, which purchased 12 Tops Markets locations […]

Philadelphia's Residential Market Rebounds

The number of residents walking around Center City returned to pre-pandemic levels at the end of 2021, showing the resiliency of downtown’s residential segment, according to the Center City District’s annual housing report released Tuesday. The greater Center City region — from river to river and from Girard Avenue to Tasker Street — has been […]

2021 online grocery sales approach $100 billion after strong December

Online grocery sales in the U.S. reached $98 billion last year, fueled by $8.9 billion in sales for the month of December from more than 69 million households, according to the latest Brick Meets Click / Mercatus Grocery Shopping Survey. Nearly 80% of December’s online sales were from pickup and delivery, with 20% from ship-to-home […]

Survey reveals that Walmart and Amazon are the most popular online grocers

More than 1,000 U.S. adults were polled in January and the results showed that Walmart is by far the top destination for online grocery shopping, according to CPG/grocery digital commerce platform Chicory. Over 35% of the respondents named Walmart as the retailer they use most often to buy groceries online. Amazon finished a distant second […]

Aldi to add 150 U.S. stores this year

Aldi announced yesterday that it plans to add about 150 new stores in the U.S. this year after opening about 100 stores in 2020 and 2021. And tomorrow the discount grocer plans to open its first location in Louisiana, making it Aldi’s 38th state. Several more store openings in the Gulf Coast are planned for […]

What Do Consumers Want In 2022?

The past 18 months has reshaped the retail landscape and sent retail analysts into overdrive trying to understand how consumers behaviour has adapted and shifted during the pandemic. What was once accepted truths about shopper’s habits have been disrupted, and understanding what this means for big or small retailers is paramount in 2022. Capgemini’s new […]

Despite Strong 2021 Figures, Expect Slower Growth Ahead

While the U.S. economy bounced back with resilience from 2020′s brief but devastating coronavirus recession, there may be trouble ahead in 2022. Despite the brief recession in 2020, the economy ended 2021 by growing at an unexpectedly brisk 6.9% annual pace from October through December as businesses replenished their inventories, the Commerce Department reported Thursday. […]

Giant Heirloom Market opens 4th store in Philadelphia

Giant’s fourth Heirloom Market in the city of Philadelphia opened last month in the Fashion District mall. The opening capped a big year in Philadelphia for the food retailer that included four new traditional supermarkets and a Giant Direct e-commerce fulfillment center. At 32,000 square feet and located in the historic building that housed the […]

Industry experts cite several reasons for supermarket product shortages

The news is filled with stories about shortages at supermarkets, and apparently the Northeast is seeing the worst of it, due in part to bad weather. Here are the reasons cited by industry experts for the supply shortages at grocery stores. Omicron: Scores of grocery store workers are catching the virus and calling out sick, […]

Grocery Outlet opens first NJ store

Grocery Outlet opened its first New Jersey store late last month on Route 130 in Delran, and a Hamilton, NJ store is slated to open in the next couple months. The grocery chain, based in California, offers deep discounts on brand-name food products, as well as a selection of health and beauty products and seasonal […]