Walmart announced that it has earmarked four stores as “test centers” for piloting new technology as well as in-store and omnichannel retail concepts and practices. According to Supermarket News, Walmart Senior Vice President John Crecelius explained that...
Saladworks opened its first store inside a Giant supermarket late last month in Camp Hill, PA. The company also has restaurants in five ShopRite stores plus one in The Fresh Grocer. In Camp Hill, the Saladworks counter is near the Beer & Wine Eatery in the food...
Acme Markets, a wholly-owned subsidiary of Albertsons, plans to purchase 27 Kings Food Markets and Balducci’s Food Lover’s Markets for $96.4 million. Acme had the winning bid in a bankruptcy auction held earlier this month. KB US Holdings, the parent...
Aldi confirmed last week that it will open its new store near North Broad Street in North Philadelphia sometime next month. The store will be on the ground floor of a 14-story, 475-unit residential building and represents the first time in Philadelphia that the...
The Please Touch Museum in Philadelphia will receive a $1.2 million grant from Giant for the museum’s yet-to-be-named market exhibit. For decades, the museum has featured an exhibit that provided kids with an opportunity to shop in a (pretend) grocery store and...
According to a study released last month, online grocery will grow to 21.5% of total U.S. grocery sales by 2025, more than doubling its current share of the overall grocery market. The study, conducted by grocery e-commerce specialist Mercatus and research firm...
According to data released by market research firm M Science, sales at major grocery chains dropped in August, while restaurant sales grew, a clear indication that Americans are spending more of their income allocated for meals in restaurants as states relax Covid...
According to a report by Natalie Kostelni in the Philadelphia Business Journal, Amazon has signed a lease for a new, 40,000 square foot grocery store in the Northern Liberties section of Philadelphia. The store is planned for the first floor of a 13-story apartment...
Amazon unveiled its Amazon Fresh supermarket at a new, 35,000 square foot store in Woodland Hills, CA late last month. The store – the first under the Amazon Fresh banner – isn’t open to the general public yet, but Amazon has been emailing thousands...
Whole Foods opened its first online-only store earlier this month in Brooklyn, NY. According to parent-company Amazon, the “dark store” will fulfill delivery orders only and help Whole Foods better meet rising customer demand for grocery delivery service....
David, a licensed PA & NJ real estate agent, “runs with” Equity Retail Brokers in Plymouth Meeting, PA. He spends most of his time leasing shopping centers for the likes of Kimco Realty, Echo Realty, The Gambone Group, Hilton Realty, Hutensky Capital Partners and others. David also represents select regional and national retail tenants, sells bank-owned properties and blogs about the supermarket industry. Equity Retail Brokers provides comprehensive retail real estate services through the company’s sales, leasing, tenant representation and asset management divisions. David is left-handed and his brother is a Mason.