EQUITY RETAIL BLOG

Albertsons may explore selling its grocery chains, including Acme

Earlier this month analysts reported that Acme’s parent company, Albertsons, may be looking to unload some of its supermarket chains as the company begins a comprehensive review of its business strategy. Albertsons said the review would include considering “potential strategic or financial transactions” and entertaining “inquires.” Goldman Sachs and Credit Suisse are helping Albertsons with […]

Walmart building 1.8 million SF e-commerce fulfillment center in PA

Walmart announced last week that it plans to build a 1.8 million square foot e-commerce fulfillment center in Shippensburg, PA to help process online orders. The facility, which is expected to open this spring, will be used to store millions of items ordered via Walmart.com to be picked, packed and shipped to customers as soon […]

Home Depot and Lowe's Post Strong Gains

While demand in the home improvement category has come down from pandemic highs, the biggest players in the sector continued to post sales gains in the fourth quarter. As consumers invested in their homes around the holidays, The Home Depot on Tuesday reported fourth quarter net sales increased 10.7% year over year to $35.7 billion, […]

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. […]