Erewhon’s Post

Want to get caught up on the transformative changes in process at CambridgeSide? Read all about it here and come check out our newest retailers and state of the art food hall yourself later this fall! https://lnkd.in/epRbd892 #retailtransformation #mixeduse #CambridgeSide

Wawa Enters Georgia Market: A New Chapter in Economic Growth and Employment Wawa, a prominent convenience store chain, is expanding its reach with the opening of its first store in Georgia, located at 1401 Tallahassee Hwy in Bainbridge. This marks the beginning of a potential expansion of up to 20 stores in the state, showcasing Wawa's commitment to driving economic growth and creating job opportunities in new markets. Wawa's expansion is aligned with its plans to establish a strong presence across the Midwest and North Carolina, reflecting the company's strategic growth and impact on local economies. With its innovative store design and focus on community support, Wawa is set to become a valuable addition to the Georgia market. Discover how Wawa's expansion contributes to regional economic development: https://hubs.li/Q02cTctz0 #WawaExpansion #GeorgiaMarketEntry #EconomicDevelopment #RetailIndustry #JobCreation

We had a LOT of data in this month's Downtown Raleigh Alliance showing signs of progress in our economy downtown. In 2023, we saw a - net gain of 31 new storefront businesses - 3,221 residential units under construction and/or delivered in 2023 - 4.6% increase in food & beverage sales - 1.7 million unique visitors in Q4 2023 Our report also includes an analysis of cell phone data showing Downtown is at 77.9% of its pre-pandemic weekday population, which is at or above many peer downtowns in NC and nationally. But this also means there is still a LOT of work to be done to close that gap fully, particularly in our Downtown core. Next month, recommendations to improve the Fayetteville St area come to City Council to help address that. https://lnkd.in/eDaJvMvi

NOW OPEN 🎉 New Davenport Convenience Stores Open. We’re not just InCommercial, we’re in the deal with you. When Mountain Express, an operator of more than 800+ locations, filed bankruptcy and ostensibly abandoned these Iowa properties to obscurity, our team didn’t give in and didn’t give up. The dedicated team and InCommercial, led internally by our COO, Tiffany Fraley, took control of the properties and moved mountains to get these properties back up and running with a bright future for the employees, the communities, and of course, our investors. We are so appreciative of everyone’s efforts! Watch the Interview and Read the Full Article: https://lnkd.in/dkY7KKW9 #incommercialre #thegoodsspot #alternativeinvestments

Foxtrot and DOMs is a great example of how an MBA from Kellogg or Booth does not guarantee success in running a company. It takes more than just a degree to lead a business to success. Passion, drive, grit, empathy, resilience, and resourcefulness are essential qualities that can't be taught in a classroom and not always depicted on a resume. #MBA #Kellogg #Booth #entrepreneurship #leadership

H-E-B, the largest private company in Texas is reinventing grocery-anchored real estate. 🏬 🛒❤ "Real estate for H-E-B is like solving a puzzle — a puzzle that will shape the way Texas will look 10 years in the future.” - Benjamin Scott, H-E-B's GVP of Real Estate. #iwork4HEB #HEBproud #HEBcareers #TXrealestate #commercialrealestate #grocery #foodretail #retail #retailrealestate #groceryindustry #realestatenews (article by Joe Lovinger for The Real Deal)

I'm still processing the sudden closures of Foxtrot and Dom's Market. As we try to make sense of what happened, it's clear that this is just the beginning of a larger story about trends in retail and food. Mintel analysts have shared their perspectives on the impact of these closures on consumer perception of value in 2024 and beyond. Check out the insights here: https://lnkd.in/enZgzNnU #Foxtrot #Doms #TrendsinRetail

The team behind Three Spirit are a lovely bunch. And their non-alcoholic spirits are lovely too – whether you need an invigorating upper, a dreamy downer or a leisurely leveller. Last year, I worked with Adam on simplifying Three Spirit's brand strategy – before passing the baton to team Pentagram to create this beautiful bottle and fresh new look. My friends in Berlin will tell you Three Spirit always makes it to the table at any dinner parties I host. And now you can get them in John Lewis & Partners, so give 'em a shot... or a mix or a spritz. #brandstrategy

Boston Market was a booming brand back in the mid-1990s, a pioneer of what we now know as the fast-casual landscape. It existed in a space diners were just realizing they wanted to be in, somewhere between the greasy burgers of fast-food drive-throughs and the sit-down production of an evening out at the Olive Garden or Bennigan’s. People flocked to its homey meals; its signature rotisserie chickens seemed fresh, even healthful, in that era of SnackWell’s cookies and Healthy Choice frozen dinners. After being founded in 1985 as Boston Chicken, it eventually expanded to more than 1,200 locations well beyond its namesake city. Now, only a few dozen remain; a report this month by the trade publication Restaurant Business put the number at 27, with more closures expected at every moment. Earlier this year, Massachusetts labor officials fined the chain for late payments to employees; last year, New Jersey issued a stop-work order for 27 locations over failure to pay workers. After the company paid $630,000 in back wages, they were allowed to reopen in the state, though it isn’t clear how many actually did. Boston Market’s Colorado headquarters was seized. The biggest blow came in the form of a lawsuit from supplier U.S. Foods over unpaid bills in which a judge in January ordered Boston Market to pay $15 million. It’s hard to imagine a time when rotisserie chickens weren’t ubiquitous, but looking back at news stories from the early to mid-1990s reminds us that, for a brief moment, they seemed, if not exactly chic, at least new — and exactly what diners were clamoring for. Headlines called them “the answer to dinner dilemma” and “a new spin on fast food.” “Everyone’s flocking to join the rotisserie chicken revolution,” the Chicago Tribune declared in 1994. Chains such as Kenny Rogers Roasters, Clucker’s and Muhammad Ali Rotisserie Chicken spread around the country, while KFC debuted its own spinoff called Rotisserie Gold. Boston Chicken, which changed its name in 1995, led the way. Eventually, though, the chain’s all-American, homestyle fare, often served in family-size portions, fell out of step with tastes. Diners were drawn to ultra-customizable bowls at Chipotle and the varied menu at Panera Bread, two leaders in the market now infiltrated by chains offering healthier options and global flavors, such as Sweetgreen and Cava. Modern customers are more fickle, notes restaurant analyst Aaron Allen. That creates a challenge for all brands, but legacy ones in particular. Diners today have a restless mind-set influenced by our experiences with consumer technology. After all, our iPhones get an upgrade every 20 months, so we come to expect that other things we spend money on should constantly evolve and modernize, too. “These days, the consumer gets tired a lot faster,” Allen says.

Stonegate Group, the UK's largest pub group, is implementing "dynamic pricing" at 800 of its venues. This pricing model will charge customers an additional 20p per pint during peak times, especially on weekends. Why? To offset rising operational expenses. Stonegate has previously used dynamic pricing during special events like the World Cup but is now making it a more regular practice. These notices have been placed in the pubs to inform about the price increase, citing increased staffing, security, cleaning, glass washing, and licensing compliance costs. Dynamic pricing, similar to surge pricing in other industries, adjusts prices based on demand and supply dynamics. It's not just pubs; dynamic pricing is seen in so many other industries across London. But it's frustrating for consumers who just want a consistent price. To me, personally, this feels indicative of economic difficulties the city is going through and/or a heightened degree of commercialization. Is it? #DynamicPricing #ConsumerConcerns #Transparency #DemandAndSupply