Sources say Jeff Brown considering a run for Philly Mayor
The Philadelphia Tribune reported last week that Brown’s Super Stores President and CEO Jeff Brown is weighing a run for mayor in 2023. Brown owns and operates several ShopRite stores in Philadelphia and the suburbs, and has garnered goodwill over the years by...Price appreciation compared for homes near Aldi, Trader Joe’s and Whole Foods
Homes near an Aldi grocery store realized an average five-year home price appreciation of 41 percent, according to ATTOM Data Solutions’ annual Grocery Store Wars analysis, which was released just before Christmas. Trader Joe’s (35%) and Whole Foods (33%)...Giant Supermarket proposed for Richboro Plaza in Bucks County
Earlier this month the Northampton Township (Bucks County) Planning Commission recommended approval for plans to redevelop Richboro Plaza on 2nd Street Pike with a new, 50,340 square foot Giant supermarket. Giant will be built on the site of the former Murray’s...Online grocery sales total $8.1 billion in November
U.S. online grocery sales totaled $8.1 billion in November, according to a Brick Meets Click / Mercatus grocery shopping survey. Monthly sales have remained above $8 billion since May, led by grocery delivery and pickup services, which generated $5.9 billion, or 73%...Philly welcomes Aldi’s 11th and Lidl’s 2nd stores
Discount grocers Aldi and Lidl opened stores in Philadelphia last week. Aldi’s new store near the Divine Lorraine apartments at Broad Street and Fairmount Avenue opened on Thursday, representing its 11th city location. Lidl opened a store on Wednesday at...Giant’s parent company to acquire online grocer FreshDirect
Giant Food’s parent company, Ahold Delhaize, and private equity firm Centerbridge Partners announced yesterday that they plan to acquire online grocer FreshDirect. Netherlands-based Ahold Delhaize would be FreshDirect’s majority owner. FreshDirect operates...Instacart reportedly planning $30 billion IPO
Reuters reported earlier this week that Instacart, the online grocery delivery company, is preparing for an initial public offering valued at about $30 billion. The report states that Instacart has engaged with Goldman Sachs to lead the IPO, which could be launched...Giant Heirloom Market may be headed for Strawbridge’s space
Jacob Adelman of The Philadelphia Inquirer posted an article yesterday saying that a company linked to Alterra Property Group is working on a deal to buy part of the historic Strawbridge’s department store building from PREIT, possibly to lease it to...Amazon launches in-garage grocery delivery
Amazon announced yesterday that it plans to expand its contactless Key In-Garage Delivery service and add grocery to the mix. The service allows Prime members to have their Whole Foods or Amazon Fresh online delivery orders placed in their garage. The program first...By David Goodman
