EQUITY RETAIL BLOG

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 […]

Sale-Leasebacks For Banks: Tips for Achieving Maximum Results

Equity Retail Brokers (ERB) offers a full suite of services for banking-sector clients. Our last post (“Bank Properties for Sale: Why Handling Bank Transactions Requires Flexibility and Finesse”) covered best practices around the sale of income-producing bank properties as well as the disposition of vacant branches and underperforming assets. Another ERB service — sale-leaseback transactions […]

Major renovations (and Starbucks!) coming to Bensalem Giant

Giant supermarket’s renovation plans continue to forge ahead, with the latest announcement stating that the Bensalem store on Street Road in Bucks County will get a Starbucks in addition to other updates. According to the store manager, new modernized decor will be added, along with a consultation room for the pharmacy. “The store’s fresh offerings […]

Wegmans in Manhattan: the State of Retail 2021

The news this week that Wegmans will open a new store in what was the Kmart on Astor Place in Manhattan says so many things about the state of retailing circa 2021 that it’s hard to even figure out where to start. But start first with the facts: Wegmans Food Markets, the upscale supermarket chain […]

Some supermarkets drifting away from 24 hour operations

In recent months we’ve all experienced stores and restaurants with limited hours, and supermarkets may be next. According to reports, some grocery retailers are moving away from 24-hour operations. Strategic Resources Group’s Burt Flickinger III cites a shortage of people willing to work retail because of Covid-19 and public health concerns, coupled with extended unemployment […]

Amazon Fresh opens in Warrington (First in PA)

Amazon Fresh opened in Warrington, PA earlier this month, as planned. It’s Amazon’s first supermarket in PA. At 35,000 square feet the store takes up most of the former Giant at Creekview Center. It’s the 16th Amazon Fresh supermarket in the country. Up next for the company are locations in Bensalem, Broomall, Havertown and Philadelphia.

Dick's Is Testing 5 Store Concepts. Here's Why.

Store revamps are also in progress, and the sporting goods specialist Dick’s is expanding its private label reach as it looks to maintain a winning position. Since June of last year, Dick’s has debuted four new store concepts, announced the launch timeframe for a fifth, set up a new men’s private label, signed brand ambassadors […]