EQUITY RETAIL BLOG

Weis Markets unveils in-store pub, ice cream shop and drive-thru pharmacy

Weis Markets unveiled its “Community Market,” a new store prototype, last week in Enola, PA, near Harrisburg. The 65,000 square foot store incorporates an in-store pub, ice cream shop, juice bar and expansive food court. According to a PennLive.com story that was reported in Supermarket News, the store is designed to take Weis’ service to […]

Philadelphia Region Overview

We have had the pleasure of introducing many national retailers and restaurants to eastern Pennsylvania, southern New Jersey, and Delaware.  Many of those clients are from other parts of the country and we needed to provide an overview of the market in order to give them a flavor of the people, businesses, medical institutions, and […]

Warm Dark Shell

The Challenge One of my tenants wanted to lease the end cap of a proposed pad building with a drive-thru. The space was available. The tenant and landlord were both interested. The tenant’s workletter was rather involved. The Landlord’s construction estimates were taking a notable amount of time and LOI negotiations had stalled. Early indications […]

An Accounting of Where Sears is Today

National Real Estate Investor Article

Wendy's Wants to Add 1000 Units by 2020

Nation’s Restaurant News Article To get bigger, The Wendy’s Co. is getting smaller. The Dublin, Ohio-based burger chain wants to add another 1,000 locations by 2020, executives told investors on Thursday. One strategy the company plans to use to encourage that growth is a new, more flexible design that will enable Wendy’s to go into […]

Walmart, Kroger and Costco top list of 75 food sellers in US and Canada

Supermarket News released its annual list of the Top 75 Retailers and Wholesalers. The list ranks the largest sellers of food (by revenue) to be consumed at home in the United States and Canada. Here are some bulleted highlights that I have copied word-for-word from Supermarket News. I would suggest visiting their website for the […]

Asian grocer 99 Ranch opening stores in New Jersey

Asian supermarket 99 Ranch plans to open at least three stores in New Jersey this year, according to published reports. The first store, a 60,000 square foot former Pathmark, opened recently in Edison, NJ, about a mile from an H Mart, which is also an Asian grocery chain. Locations are also slated for Jersey City […]

Acme to close Burlington, NJ store

Acme announced that it would close its Burlington Township, NJ store by February 16 due to under-performance. With the closure last year of Mattson’s Market, a family-owned store that had been in existence since the mid-20th century, ShopRite and Walmart are the remaining grocery stores servicing township residents.

Albertsons - Price Chopper deal called off

According to a Supermarket News report in late January, Albertsons has dropped its pursuit of Price Chopper, which is headquartered in upstate New York. It had been reported in late 2016 that Albertsons was in “advanced talks” to purchase the supermarket chain for about $1 billion. It is likely that Price Chopper will continue to […]

U.S. grocery sales volume weakened in December

According to published reports, U.S. grocery sales continued to slump in December, despite price deflation. According to IRI, dollar sales were down by 1.7% (excluding mass merchants like Walmart) in the four weeks ended December 18, 2016 as compared to the same period a year earlier.  In addition, sales volume was down by 2.3%. These […]