Real Estate

Wholesalers & Distributors

Cold Storage Gets Hot as Cerberus, Provender Collaborate

Disruption in the supply chain exacerbated by the pandemic will lead retailers to "take back control" of fresh inventories, Provender’s Neil Johnson says.

Retailers

Dollar General to Accelerate Opening Pace

The high-flying discounter, coming off another roaring sales and profit performance, expects to open 1,050 new stores in fiscal 2021.

A long-awaited new unit with a bright orange facade opens in a mixed-use development in Philadelphia on Dec. 3.

In a traditionally busy season for store openings, pandemic leftovers and other planned sites are arriving quickly, including H-E-B's debut in West Texas.

The discounter sets Nov. 5 as opening day for its first two stores in the Grand Canyon State.

The same week SpartanNash announced a 7-year distribution agreement with Amazon, an affiliate of the wholesaler inked a 7-year lease at a former US Foods facility near Washington, but has not disclosed specific plans for it.

The move, effective early next year, follows store and population growth in Virginia's capital city.

A Boston investment firm recently purchased a property leased to a Whole Foods Market in Chicago’s Lakeview neighborhood for nearly $71 million, making it one of the most expensive single-tenant grocery transactions on record.

Alfalfa's Local Market and Whole Foods Market have each taken over a former Lucky's Market location to expand their reach in Colorado.

The author expounds on what he believes are the key culprits dogging compact format grocery stores. Spoiler alert: Site selection is in the crosshairs.

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