RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Dec 28, 2021 |
Supermarket News

Saker ShopRite up to 39 stores with acquisition of Perlmart ShopRite

One ShopRite operator acquired another ShopRite operator earlier this month, according to reports. Saker ShopRites, Inc., owned by the Saker family and operators of 32 supermarkets in New Jersey, acquired Michael Perlmutter’s Perlmart, Inc., which operated seven New Jersey grocery stores. Both families were early Wakefern members, the retailer-owned cooperative now in its 75th year. […]
David Goodman | Dec 28, 2021 |
Supermarket News

Supermarkets at Montgomery and Plymouth Meeting Malls offered for sale

The Philadelphia Business Journal reported that the supermarkets at Montgomery and Plymouth Meeting Malls are for sale. Wegmans, at 128,000 square feet, has been operating at the Montgomery Mall since 2013, and the 65,000 square foot Whole Foods opened in Plymouth Meeting in 2010. Kohan Retail Investment Group purchased the Montgomery Mall last month for […]
David Goodman | Dec 23, 2021 |
Supermarket News

Online grocery sales climb 6% to $8.6 billion in November

The online grocery market in the U.S. generated $8.6 billion in sales for the month of November, and during the month nearly 69 million households purchased groceries online, according to Brick Meets Click. The sales volume and number of households represent 6% and 15% gains over last November, respectively. The data is based on a […]
David Goodman | Dec 17, 2021 |
Supermarket News

McCaffrey's to open in Gladwyne in former Acme space

The Philadelphia Business Journal’s Natalie Kostelni reported that McCaffrey’s supermarket plans to open in Gladwyne, PA, in the 27,500 square foot space vacated by Acme in 2019. McCaffrey’s is expected to open next fall. Alterra Property Group, which originally proposed to construct 34 apartments and 8,000 square feet of retail on the site, abandoned the […]
David Goodman | Dec 17, 2021 |
Supermarket News

Saladworks and Frutta Bowls open in Giant supermarkets

Giant recently added Saladworks and Frutta Bowls stores in four more supermarkets. WOWorks, which seems to me to be a silly name, is the franchisor for both restaurant banners (and Garbanzo Fresh, too). More importantly, it has developed a store-within-a-store expansion plan to open the Saladworks and Frutta Bowls brands together in nontraditional locations. Co-branded […]
David Goodman | Nov 20, 2021 |
Supermarket News

Walmart ridicules Whole Foods for new grocery delivery fee

Late last month Whole Foods announced a new $9.95 delivery fee. On the same day, Walmart said it would give $9.95 to shoppers who sign up for its Walmart+ membership platform. And on that same day, Walmart tweeted, “Really? Who charges members a Whole new $9.95 fee to get their groceries delivered?” Walmart jumped at […]
David Goodman | Nov 20, 2021 |
Supermarket News

Wegmans plans to add smaller stores in new markets

Wegmans, known for supermarkets in excess of 100,000 square feet, has identified three locations in mixed-use developments for new, smaller stores  that are expected to open in 2022. An 81,300 square foot store is slated for a spring opening in Carlyle-Alexandria, VA that will feature two levels of parking below and residential units above. It […]
David Goodman | Nov 16, 2021 |
Supermarket News

Giant opens 124,000 SF e-commerce fulfillment center in Philly

Giant opened its 124,000 square foot Swisslog-automated Giant Direct E-commerce Fulfillment Center (EFC) in Philadelphia last week. The Island Ave. facility serves customers in the Center City and South Philadelphia neighborhoods, as well as some Southern New Jersey communities. More South Jersey markets are slated to be added in the coming months. The EFC will […]
David Goodman | Nov 16, 2021 |
Supermarket News

Amazon Fresh coming to Northeast Philly

The Philadelphia Business Journal reported last week that Amazon Retail LLC applied for a liquor license at a space at Red Lion Plaza in Northeast Philadelphia, so it is widely expected that an Amazon Fresh grocery store will be coming to the center. The brokerage that leases vacant space in the center shows that a […]
David Goodman | Oct 31, 2021 |
Supermarket News

Ocean State Job Lot to open in former Acme space in Warminster, PA

Ocean State Job Lot, a discount retailer with a large presence in New England and a store in Montgomery Township, PA, is planning to open in the former Acme space in Warminster’s Davisville Shopping Center. Ocean State Job Lot purchased the entire center, which includes a Citizens Bank, Supercuts and various restaurants. Acme closed in […]

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