EQUITY RETAIL BLOG

Amazon Fresh coming to Northeast Philly

The Philadelphia Business Journal reported last week that Amazon Retail LLC applied for a liquor license at a space at Red Lion Plaza in Northeast Philadelphia, so it is widely expected that an Amazon Fresh grocery store will be coming to the center. The brokerage that leases vacant space in the center shows that a […]

The Absolute Simplest Explanation for America's Supply Chain Woes

Supply chain problems have dogged the world economy all through the pandemic. Early on, panic hoarding and problems in particular industries, such as semiconductors, made it impossible for shoppers to get their hands on specific items like Clorox wipes or a new Playstation 5. But those narrower problems have sprawled into a much broader mess. […]

Halloween is Back on Track

Halloween is back on the schedule this year and Americans wanted trick-or-treaters, more decorations and new costumes – for us, the kids and our pets. When the totals are reported, consumers are expected to have spent a record $10.14 billion on Halloween this year, according to the National Retail Federation, up from $8.05 billion in […]

Ocean State Job Lot to open in former Acme space in Warminster, PA

Ocean State Job Lot, a discount retailer with a large presence in New England and a store in Montgomery Township, PA, is planning to open in the former Acme space in Warminster’s Davisville Shopping Center. Ocean State Job Lot purchased the entire center, which includes a Citizens Bank, Supercuts and various restaurants. Acme closed in […]

La Colombe secures nationwide deal with Whole Foods

La Colombe, the premium, specialty coffee retailer with Philadelphia roots, has secured national distribution of its roasted coffee in all Whole Foods Markets across the country, according to a company announcement released in late October. In addition, the release states that the company will provide the coffee and training for cafes in several Whole Foods […]

Online grocery sales expected to surpass 20% of the overall market in 2026

According to a study released by Mercatus and Incisiv, online grocery sales will surpass 20% of the overall U.S. grocery market in the next five years, which is several years before pre-pandemic predictions. Mercatus, a company that helps grocers sell their products on the internet, reported that grocery e-commerce sales are forecast to account for […]

Lidl's Bear, DE store construction delayed by supply chain issues

Lidl announced that its planned store in Bear, DE is several months behind and most likely won’t open for another year. The company blames COVID-19’s affect on the materials supply chain. The 30,000 square foot store, under construction at the site previously occupied by Countryside Nursery and Garden Center near the corner of Pulaski Highway […]

Giant launches 30-minute delivery service

The Giant Company announced recently that it has introduced 30-minute Instant Delivery for convenience products, fresh groceries and household essentials from Giant and Martin’s supermarkets. The company said that about 20,000 items are available for the service, including prepared foods, snacks and beverages, and household items like paper towels, cleaners and baby care products. The […]

Kimberton Whole Foods to open store in Wyomissing, PA

Kimberton Whole Foods announced recently that it will open a new store at The Knitting Mills in Wyomissing, PA in a space formerly occupied by the Vanity Fair Outlet Center. The location will be the chain’s seventh, and construction is slated to start in November. At 13,000 square feet it will be Kimberton Whole Foods’ […]

Instacart acquires maker of smart shopping cart

Instacart announced earlier this week that it has acquired smart shopping cart company Caper, Inc. for $350 million in cash and stock. The artificial intelligence-powered carts enable shoppers to scan items they select from grocery shelves and pay for them directly via the cart. Instacart said that the Caper Cart will become part of its […]