Lidl seen as legitimate threat to U.S. supermarkets
Supermarket News Reporter Neil Stern recently characterized Lidl, the European grocer that is making plans to open stores in the Eastern U.S., as a formidable threat to U.S. supermarkets. Stern cited Lidl’s similarities to European counterpart Aldi, and noted Aldi’s measured approach to the American market and their ability to adapt their concept to U.S. tastes. […]
Ahold and Delhaize to merge, form one of largest supermarket chains in U.S.
Ahold (Giant, Stop & Shop) and Delhaize (Food Lion, Hannaford) announced this morning that the two companies plan to merge and become Ahold Delhaize, creating one of the largest supermarket chains in the U.S. The merger would create a company with 2,000 U.S. stores (6,500 stores worldwide), $44 billion in sales and 375,000 employees. By […]
TargetExpress to open in Center City Philadelphia
Target announced last week that it plans to open a TargetExpress store next summer at 19th and Chestnut in Philadelphia, and according to reports, the company is already considering a second Center City location. Earlier this year Target announced that it would open TargetExpress stores in urban areas, including San Francisco and Chicago. The Philadelphia […]
Dollar Tree to sell 330 stores
Dollar Tree announced last month that it will sell 330 stores to private equity firm Sycamore Partners, which will operate the stores under the Dollar Express banner. Dollar Express was a Philadelphia-based company that was acquired by Dollar Tree in 2000. The sale addresses regulatory concerns brought about by the planned merger between Dollar Tree […]
Supermarket and warehouse club sales outpaced retail from ’07 – ’12
According to a report released by the U.S. Government called “2012 Census of Retail Trade,” supermarket sales outpaced overall retail sales between 2007 and 2012. Supermarket sales grew by 15.2% during the period, which is nearly twice as much as all other retail, which grew by 7.8%. And with sales growth of 25.1% over the […]
A&P looking for buyers
Last week A&P, which operates under the Super Fresh and Pathmark banners in the Greater Philadelphia market, acknowledged that it is “seeking alternatives for its business,” adding that a sale of the company was only one of its options. In other words, A&P is for sale. According to a New York Post story, A&P is […]
Wegmans to anchor Brooklyn Navy Yard development
Wegmans has been selected as an anchor tenant for a $140 million development at the Brooklyn Navy Yard. The store will be Wegmans’ first in New York City. According to reports, demolition of existing buildings will begin later this year, and the 74,000 square foot store is expected to open in 2018. Five years ago […]
Last Genuardi’s store closes in Audubon
The last operating Genuardi’s supermarket, in the Audubon Village Shopping Center in Audubon, PA, closed on May 27. According to a store employee, the lease expired and another operator may take over in the location. Genuardi’s, once a popular chain in the Greater Philadelphia Region, was purchased by Safeway in 2001, and in recent years […]
Wawa wants to sell beer in Chadds Ford store
Philly.com reported today that Wawa wants to sell beer at its store on Naamans Creek Road in Chadds Ford. According to a Wawa spokesperson, the company views this as a “single-store expansion.” The spokesperson also said they may look to expand their offerings in the future. The Philly.com article points out that the nearby Acme […]
Whole Foods to open “365 by Whole Foods Market” stores
Whole Foods has been talking about its new, smaller format since May, and rumors have been swirling about what they will call the chain. It was reported today that Co-CEO Walter Robb told the Associated Press the name will be “365 by Whole Foods Market,” which reflects the name of their house brand, “365 Everyday […]