Read Jeff Metzger’s monthly column from Food Trade News
Jeff Metzger’s column in the Food Trade News is always stock full of industry info. Check it out. http://best-met.com/column/retail-sales-at-11-8b-its-another-banner-year-for-wakefern/
Montgomery County, PA – The Land of the Supermarket
I make a good portion of my living from grocery-anchored shopping centers, and I love stats. So it’s no surprise that I know about each and every grocery-anchored center in Montgomery and Bucks County, PA, and that I have stats. Stat number one is 86, as in 86 grocery-anchored shopping centers in Montgomery County, which is Pennsylvania’s third largest […]
The subtle differences between Aldi, Bottom Dollar and Save-A-Lot
I spent six hours on the road today visiting grocery-anchored shopping centers, and although I saw my share of Giants and ShopRites, I only got out of my car for an Aldi, Bottom Dollar and Save-A-Lot, supermarkets often linked together and referred to as limited assortment or discount operations. The Aldi I visited had the company’s more recent, modern design, was […]
Fresh Market IPO Reflects High-Income Recovery
The notion that Fresh Market’s success is a “boon for retailers at the high end” but an “ongoing challenge for those in the middle” (e.g. traditional supermarkets) is consistent with the conclusions drawn in the Gerson Lehrman Group report that I blogged about earlier this week. Fresh Market IPO Reflects High-Income Recovery
Ex-CEO explains the secrets of success at Trader Joe’s
To get inside the mysterious world of Trader Joe’s, Fortune spent two months speaking with former executives, competitors, industry analysts, and suppliers, most of whom asked not to be named. What emerged is a picture of a business at a crossroads: As the company expands into new markets and adds stores — analysts say the grocer could […]
Report: Food Retail Formats of the Future
The Gerson Lehrman Group just published a report titled, “Food Retail Formats of the Future.” It analyzes the “customers of tomorrow,” who are currently – and will continue to be – influenced by social media, the economy and a more diverse population. In addition, other trends like the aging of the baby boom population, the increasing […]
How Panera Kept Rising Through the Recession
Here’s an interesting look at Panera and their strategy. The attached story includes the following statement from Panera Executive Chairman Ronald Shaich: “The best time to grow is in a recession. The worst time to grow is in the boom days… The classes of 2009 and 2010 will ultimately go down as some of the highest (return-on-investment) […]
A&P Sells Six Properties
Great Atlantic & Pacific Tea Company has sold six Pathmark stores in the following locations to Winstanley Enterprises in a sale – leaseback transaction for $90 million: Upper Darby, PAWilmington, DELawnside, NJBaldwin, NYQueens, NYSeaford, NY A&P Sells Six Properties
REITS with grocery-anchored centers are outperforming the grocers
According to Jim Sullivan of Green Street Advisors, REITs typically own the top performing grocery-anchored shopping centers in a market. So, even though many grocery stores are facing big challenges due to retailers like Walmart, Target and Costco eating away at market share, REITs in the grocery-anchored business are doing okay. The good news for the grocery […]
I stopped in the North Wales Bottom Dollar Food Store…
Late this afternoon my family completed a pretty quick Costco run (compared to a Saturday afternoon trip, that is) and we were headed home. Until, that is, I noticed that the Bottom Dollar Food Store in front of the Montgomery Mall had opened. Thankfully my wife was also curious, the kids were cooperative, and we still needed […]