Earlier this month Giant Food opened its new Feasterville, PA location. The new store is 66,000 square feet, approximately 25 percent larger than the store down the street that closed a day before the new Giant opened.
The new location includes an expanded fresh produce department with more organic selections, fresh-squeezed juices, in-store cut fruit, and a full salad bar. It also features a Beer & Wine Eatery with over 400 types of beer available. According to a news release, Giant is partnering with 13 local breweries from Pennsylvania and New Jersey, all of which are featured in the store.
In addition, the new Giant includes a full-service pharmacy with pharmacists available seven days a week, and a Starbucks-on-the-Go kiosk.
Giant currently has 171 stores in four states.
Showing posts with label pharmacy. Show all posts
Showing posts with label pharmacy. Show all posts
Thursday, August 23, 2018
Thursday, September 1, 2016
Kroger may look to buy part of Rite Aid portfolio
The Cincinnati Business Courier reported on Monday that Kroger could be a prime bidder for some Rite Aid or Walgreens drug stores that will need to be sold when the two companies complete their merger later this year. Kroger was rumored to be interested in purchasing Rite Aid before the chain reached a deal with Walgreens.
Industry experts say that about 500 of Rite Aid's 4,600 stores will need to be sold.
Kroger, the nation's largest operator of traditional supermarkets, is also the nation's fifth largest pharmacy operator with 2,200 in-store locations. Leon Loewenstine, an investment strategist with RiverPoint Capital Management, believes such a deal would only make sense if Kroger planned to keep running any acquired drug stores, where they could keep using the chain's customer loyalty cards. Loewenstine compared the idea to Kroger's launch of stand-alone gas stations, which supplement their gas stations at Kroger supermarket locations.
"It would be a new venture, a new avenue of growth for the company," said Loewenstine. "They could compete with Walgreens and CVS. If anybody can do it, it would be Kroger."
Industry experts say that about 500 of Rite Aid's 4,600 stores will need to be sold.
Kroger, the nation's largest operator of traditional supermarkets, is also the nation's fifth largest pharmacy operator with 2,200 in-store locations. Leon Loewenstine, an investment strategist with RiverPoint Capital Management, believes such a deal would only make sense if Kroger planned to keep running any acquired drug stores, where they could keep using the chain's customer loyalty cards. Loewenstine compared the idea to Kroger's launch of stand-alone gas stations, which supplement their gas stations at Kroger supermarket locations.
"It would be a new venture, a new avenue of growth for the company," said Loewenstine. "They could compete with Walgreens and CVS. If anybody can do it, it would be Kroger."
Tuesday, June 23, 2015
TargetExpress to open in Center City Philadelphia
Target announced last week that it plans to open a TargetExpress store next summer at 19th and Chestnut in Philadelphia, and according to reports, the company is already considering a second Center City location.
Earlier this year Target announced that it would open TargetExpress stores in urban areas, including San Francisco and Chicago.
The Philadelphia store is slated to be 21,000 square feet over two floors and will carry smaller items than typically found in full-size Target locations. The smaller items will allow carless customers to carry them and stash them in cramped apartments, according to a company spokesperson.
A decision has not been made yet as to whether there will be a pharmacy in the store. Earlier this week Target and CVS announced that the drugstore chain would acquire Target's pharmacy and clinic businesses.
Earlier this year Target announced that it would open TargetExpress stores in urban areas, including San Francisco and Chicago.
The Philadelphia store is slated to be 21,000 square feet over two floors and will carry smaller items than typically found in full-size Target locations. The smaller items will allow carless customers to carry them and stash them in cramped apartments, according to a company spokesperson.
A decision has not been made yet as to whether there will be a pharmacy in the store. Earlier this week Target and CVS announced that the drugstore chain would acquire Target's pharmacy and clinic businesses.
Tuesday, October 16, 2012
Walmart to invest billions in food pricing
Last week Walmart's chief merchandising officer said the company plans to invest $6 billion in retail pricing by 2017, with the investment primarily in food and consumables. He also said they expect to have more than 500 Neighborhood Markets operating - with total sales of $10 billion - by fiscal 2016.
According to Walmart's website, there are currently about 200 Neighborhood Market stores and they are approximately 38,000 square feet (SF) each.
The website states that "Walmart Neighborhood Markets offer fresh produce, meat and dairy products, bakery and deli items, household supplies, health and beauty aids and a pharmacy."
There are currently about 3,000 Walmart Supercenters (182,000 SF) and 600 Walmart Discount stores (106,000 SF) in the United States.
According to Walmart's website, there are currently about 200 Neighborhood Market stores and they are approximately 38,000 square feet (SF) each.
The website states that "Walmart Neighborhood Markets offer fresh produce, meat and dairy products, bakery and deli items, household supplies, health and beauty aids and a pharmacy."
There are currently about 3,000 Walmart Supercenters (182,000 SF) and 600 Walmart Discount stores (106,000 SF) in the United States.
Thursday, August 2, 2012
NJ's first Walmart supermarket coming to Hawthorne
NorthJersey.com reported last week that the first Walmart Neighborhood Market in New Jersey will be in Hawthorne. According to the story, Walmart signed a lease for 42,000 square feet at 204 Wagaraw Road, and the property will include additional retail.
The story describes Hawthorne as a middle class suburban town about 16 miles from New York City.
Walmart's Neighborhood Market format is a traditional supermarket, and reportedly the Hawthorne location will include a drive-through pharmacy. There are approximately 200 Neighborhood Markets in the United States.
Not surprisingly, a group of residents formed a group that is trying to stop the store from coming to Hawthorne.
The story describes Hawthorne as a middle class suburban town about 16 miles from New York City.
Walmart's Neighborhood Market format is a traditional supermarket, and reportedly the Hawthorne location will include a drive-through pharmacy. There are approximately 200 Neighborhood Markets in the United States.
Not surprisingly, a group of residents formed a group that is trying to stop the store from coming to Hawthorne.
Wednesday, April 18, 2012
Dollar Tree adds pharmacy to FL store
Dollar General has a grocery concept, and now Dollar Tree has a store with a pharmacy. Dollar Tree recently contracted with an independent pharmacy based in Boca Raton, FL, to add a location inside a Deals stores in West Park, FL. (Deals is a Dollar Tree variety store concept.)
Although there are people who have doubts that consumers will trust a dollar store for their prescription drug needs, the concept may very well succeed if it competes well in the areas of price and convenience. These two factors have been driving sales up at dollar stores for some time now as they successfully compete with Walmart and traditional supermarkets.
Although there are people who have doubts that consumers will trust a dollar store for their prescription drug needs, the concept may very well succeed if it competes well in the areas of price and convenience. These two factors have been driving sales up at dollar stores for some time now as they successfully compete with Walmart and traditional supermarkets.
Friday, June 24, 2011
Walmart Express debuts in Gentry, Arkansas
Recently Walmart unveiled the first of their Walmart Express stores to the press. According to reports, this Gentry, AK store actually looks like a smaller version of Walmart's 180,000 square foot store, even though it's only 15,000 square feet. The store has exposed pipes and yellow walls, carries about one-tenth of what a superstore carries, but still has a varied selection ("from bacon and milk to socks and DVDs," according to one story.)
According to Walmart, most Express locations will have a pharmacy, and some will sell gas. The stores will generally be located in towns too small for a full-sized Walmart, and in cities where a big store doesn't fit. Fifteen to 20 Express stores are planned by the end of January, 2012, mostly in Arkansas, North Carolina and Chicago. Looking ahead, it's possible they will build 350 stores per year.
In the mean time, the world's largest retailer is experimenting a bit. According to a story in the CSP Daily News, Walmart Express will let customers help determine what they should carry by posting signs that say, "If you want it, we'll get it," and by offering delivery right to the store.
Click here for an external picture of the new Walmart Express store.
According to Walmart, most Express locations will have a pharmacy, and some will sell gas. The stores will generally be located in towns too small for a full-sized Walmart, and in cities where a big store doesn't fit. Fifteen to 20 Express stores are planned by the end of January, 2012, mostly in Arkansas, North Carolina and Chicago. Looking ahead, it's possible they will build 350 stores per year.
In the mean time, the world's largest retailer is experimenting a bit. According to a story in the CSP Daily News, Walmart Express will let customers help determine what they should carry by posting signs that say, "If you want it, we'll get it," and by offering delivery right to the store.
Click here for an external picture of the new Walmart Express store.
Wednesday, March 9, 2011
Walmart to break ground on small stores
According to Bloomberg, Walmart will begin construction next week on a 14,400 square foot store in Gentry, Arkansas (20 miles from its headquarters). Work on two similar stores in Arkansas will begin in the next two weeks, and Walmart may open as many as 40 smaller stores this year in rural and urban areas.
The story reports that building permits indicate the stores will cost $1.2 million to build and will sit on lots just under 5 acres. They will have 75 parking spaces, a pharmacy and three or four checkout counters, as well as sections for fresh produce, refrigerated foods and frozen items.
From Bloomberg: Wal-Mart to Break Ground on Small Stores Next Week
The story reports that building permits indicate the stores will cost $1.2 million to build and will sit on lots just under 5 acres. They will have 75 parking spaces, a pharmacy and three or four checkout counters, as well as sections for fresh produce, refrigerated foods and frozen items.
From Bloomberg: Wal-Mart to Break Ground on Small Stores Next Week
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