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Bottom Dollar, Giant opening stores; Weis to close a store

Bottom Dollar, Giant opening stores; Weis to close a store

David Goodman | Oct 31, 2013 |

New Bottom Dollar stores opened today in Ambler, PA and in the Germantown section of Philadelphia. These stores represent the 42nd and 43rd stores in the Greater Philadelphia Market. Bottom Dollar now operates 62 stores in PA, NJ and OH. The discount grocery chain, a subsidiary of Delhaize, is still not profitable.

Giant Food is scheduled to open on November 6 in a former Genuardi’s location in Edgemont Square Shopping Center, Newtown Square, PA. The store, which has been vacant since 2010, is 43,000 SF. Giant, a division of Ahold, has about 200 stores in PA, MD, VA and WV.

Weis Markets announced last week that it will close its Pottstown supermarket in the next couple weeks due to “continuing under-performance.” The 45,228 square foot store opened in 1995 and is in the same shopping center as Walmart. A new Giant opened in the last couple years less than a mile away. Despite the closure, Weis seems to be opening and renovating several stores.

David Goodman

David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties. 

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