Aldi, the German-based discount grocery chain, is scheduled to open a long-awaited store at 1300 Fairmount Ave. in Center City early next month. It will join other grocers such as Giant, Acme and Whole Foods that have been expanding in Center City as its population has grown. Amazon is also expected to open a new store at… Read more »

Univest Financial Corp. said it plans to close eight of its 39 retail branches, or 20% of its footprint, as part of an optimization plan that has been accelerated by Covid-19. Since 2015, the Souderton-based parent of Univest Bank has consolidated 15 locations largely in its traditional home base of Bucks and Montgomery counties while… Read more »

ACME Markets, a Philadelphia based company, has opened its newest store at 40th and Walnut (former Fresh Grocer location) this morning. Here are some more details on what the new store includes: A Deli department featuring such meal solutions as sushi, Poke bowls, Asian hot bar, focaccia pizza, BBQ station, and ACME’s first ever Sally… Read more »

As many retailers struggle during the pandemic and against online competition, Five Below Inc. has defied both challenges and has seen sales rise, new stores open and its share price climb back up to pre-pandemic levels. The Philadelphia-based discount retailer opened a record 63 new stores in the second quarter and by the end of… Read more »

A flurry of activity was underway this week in preparation for the opening of a new Acme at 40th and Walnut streets in the University City neighborhood of Philadelphia. Three years ago, Acme Markets signed a long-term lease with the University of Pennsylvania on 34,500 square feet that had once been occupied by Fresh Grocer,… Read more »