Giant to open new store in Richboro, Bucks County, PA
The Philadelphia Business Journal reported that Giant plans to open a new 50,000 square foot store at Richboro Plaza in Bucks County. The shopping center was formerly anchored by Murray’s Richboro Market, which closed two years ago and was about 25,000 square...Target digital sales jump 141% in fiscal first quarter
Target reported last week that it experienced double-digit sales gains in its fiscal 2020 first quarter, led by growth in online pickup and delivery, especially in food and beverage. Online sales climbed 141% compared to the same quarter last year. However,...Private equity firm to purchase minority stake in Albertsons
Albertsons, the parent company for supermarket banners like Acme, Safeway, Jewel-Osco, Shaw’s and several others, announced last week that it plans to sell a 17.5% stake in the company to private equity firm Apollo Global Management. The transaction is expected...Developers seek to bring another Wegmans to Bucks County
Lower Makefield (Bucks County), PA supervisors are planning to meet next week with developers to discuss a proposed mixed-use overlay zoning designation for a 36-acre property across from Shady Brook Farm. The overlay would allow for several uses – from...Lidl opens 100th U.S. store
Lidl opened its 100th U.S. store earlier today in Suwanee, GA. Recent growth for the discount grocer has been steady, but when Lidl entered the U.S. market, they planned on having 100 stores by the summer of 2018. Since then, the company has seen leadership changes...Kroger earmarks $130 million for employee thank you pay
Kroger, the largest traditional supermarket chain in the U.S., announced that it has earmarked $130 million for special Thank You Pay to hourly grocery, supply chain, manufacturing, pharmacy and call center employees for their efforts during the COVID-19 pandemic. The...Industry leader says supply chain is stressed, not broken
Supermarket News interviewed Abe Eshkenazi, CEO of the Association for Supply Chain Management, to get some perspective on the issue of the American food supply amid the coronavirus. Here are some of the highlights. “From our perspective, we don’t think...Giant parent company says Q1 2020 “unlike anything we have ever seen”
“The first quarter of 2020 was unlike anything we have ever seen before,” said Ahold Delhaize CEO Frans Muller. Mr. Muller was talking about COVID-19’s affect on Ahold’s supermarkets around the world, of course. He said that...Online grocery sales rose 37% in April
According to poll conducted in late April by Brick Meets Click and Symphony RetailAI, online grocery sales in the U.S. totaled $5.3 billion for the month of April, a 37% increase over March and a new 30-day record. Furthermore, poll results showed that the...By David Goodman
