SoftBank is investing at least $3B into Alibaba-owned food delivery service Ele.me, signifying the growing presence online ordering has in the marketplace.
Grocery stores saved many shopping centers by drawing traffic during the coronavirus pandemic, but not all kept solid streams of shoppers.
The costs associated with last-mile delivery makes the online-to-door grocery delivery business a difficult model to scale.
Albertsons has acquired meal kit service, Plated making the first acquisition of a prepared-meals service by a national grocer.
Cushman & Wakefield's second quarter report on shopping centers found that despite vacancy remaining flat, growth is now slower than the post-recession average.
As retailers see increased competition from Amazon, some are imposing restrictions on incoming Whole Foods stores at centers they anchor.
Amazon will pay $42/share for Whole Foods, and once the deal is closed Whole Foods CEO John Mackey will remain in his role.
The acquisition gives Amazon control of Whole Foods' distribution network — complete with store backrooms and cold storage.
In the year since its acquisition of Whole Foods, Amazon has begun to roll out its strategy while its retail competitors have raced to respond.
Amazon is continuing its push into grocery real estate, though some say it needs to separate art and science when it comes to retail.
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