Five out of the nine recently acquired stores from Stop & Shop have opened their doors to the public under the ShopRite banner.
While the bank branches and pharmacies remained open during the transition period to provide continued service to customers, each ShopRite store, owned and operated by the companies listed below:
"All of our owners were eager to get their stores up and running in time for the holiday season," said Karen Meleta, spokeswoman for ShopRite.
In addition, the new stores will each receive $10,000 to donate to the local hunger-fighting charity of their choice as part of the ShopRite Partners in Caring program that is dedicated to the fight against hunger.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.