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Lidl to open 50 new US locations by 2021

Lidl’s announcement that it will boost the number of stores it runs in the United States by half continues the chain’s effort to dent the enormous lead rival German discounter Aldi holds in the companies’ quest to further disrupt the U.S. grocery market. Even with the dozens of new locations [...]

2020-08-31T16:03:59+00:00August 31st, 2020|Tags: |

Target reports biggest sales surge in its 58-year history

Big-box US retailer Target has reported the biggest quarterly sales surge in its 58-year history, sending one of the clearest signals yet that shifts in consumer behaviour in the pandemic are widening the gap between the strongest chains and their weaker rivals. Brian Cornell, chief executive, hailed Target’s performance as [...]

2020-08-20T17:13:18+00:00August 20th, 2020|Tags: |

Marijuana vending machines to offer touchless sales in Colorado, Massachusetts

Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal. Boston-based anna debuted the new machines at Strawberry Field dispensary in Pueblo, Colo., where customers can now buy flower, edibles and vape oils without interacting with a [...]

2020-08-20T17:11:23+00:00August 20th, 2020|Tags: , , , |

Covid-19’s acceleration of online grocery shopping and home delivery puts retail landlords and their smaller tenants in increasingly tough financial straits

The next decade of Ryan Sciullo’s career may look a little different than his first 15 years of selling grocery-anchored shopping centers. Sciullo, a senior member of CBRE’s national retail group, specializes in shopping centers anchored by food retailers like Giant, Trader Joe’s and BJ’s Wholesale Club. As Covid-19 has [...]

2020-08-14T20:53:41+00:00August 14th, 2020|Tags: , , |
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