EQUITY RETAIL BLOG

The Grocery Business Is Going To Get Much More Competitive

During the pandemic, home delivery and customer pickup of groceries exploded. Those changes are now significantly impacting the future of the grocery business, making the business harder and more competitive than before. There are two reasons why this is occurring: one is in home delivery and the other is in-store. Home Delivery With the realization […]

‘Sweat Equity’ Is Still Relevant In Real Estate Site Selection

Back when national retail and restaurant chains were blanketing the country with hundreds of stores, hunches occasionally played a role in real estate site-selection. As part of an East Coast rollout, an up-and-coming chain could open three or four new locations in each of several metro areas. If hard data on traffic, sales, demographics and […]

Why retail bankruptcies have stopped dead — for now

To appreciate the turnaround the entire retail industry has made over the past year, consider the months of July and August 2021 compared to July and August 2020. In 2020, over those two months, 11 major retailers filed for bankruptcy. Over the course of just seven days last July, five retailers went bankrupt (The Paper […]

Delivery robots carting ShopRite groceries from two PA stores

Pennsylvania ShopRite customers in Yardley and Bethlehem can now receive same-day delivery via battery-powered delivery robots. The robots “rolled” out as part of a pilot program between Wakefern, the retailer-owned cooperative, and technology company Tortoise, which provides last-mile delivery options. ShopRite is the first supermarket on the east coast to utilize the Tortoise delivery technology. […]

Digital grocery sales are soaring, but profits are not

A study released a week ago states that the biggest challenge facing grocery retailers today is the low profitability of their online business. In fact, according to the study, released by Wynshop in partnership with Incisiv and titled “State of Digital Grocery: Growth at the Cost of Profitability,” 86% of grocers are dissatisfied with their […]

This Amazon Fresh Store Is Only Blocks From A Whole Foods. Why?

The two grocery properties are in the same Washington, D.C., neighborhood. But the stores are on such different trajectories it may not matter. On a July day in Washington, D.C., the latest Amazon Fresh store opened. The checkout-free grocery concept allows customers to enter through a QR code tied to their Amazon app, place items […]

Wegmans named as top company that cares

People ranked Wegmans Food Market as the top company for going above and beyond to create positive workplaces for their staff and the community at large. People partnered with workplace culture consultant Great Place to Work to analyze survey responses from more than five million employees, and selected Wegmans as the winner based on its […]

Two new Whole Foods stores to get Amazon's Just Walk Out technology

Whole Foods announced last week that Amazon’s checkout-free Just Walk Out technology will be available in two Whole Foods stores slated to open next year in Washington D.C.’s Glover Park neighborhood and Sherman Oaks, CA. The stores will be 21,500 square feet and 9,100 square feet, respectively. Just Walk Out made its public debut in […]

Vote to approve Atlantic City ShopRite slated for Sept 21

Plans for a ShopRite in Atlantic City’s central business district received a positive response last week at a meeting of the land use regulation and enforcement division of the Casino Reinvestment Development Authority (CRDA). The plans, which have been in the works for over a year, call for a 44,000 square foot store near the […]

The US has 8.4 million unemployed and 10 million job openings - Why?

A mystery sits at the heart of the economic recovery: There are 10 million job openings, yet more than 8.4 million unemployed are still actively looking for work. The job market looks, in some ways, like a boom-time situation. Business owners complain they can’t find enough workers, pay is rising rapidly, and customers are greeted […]