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Peapod and Giant open new fulfillment center
Leading Internet grocer Peapod and supermarket chain Giant Food Stores have opened a new fulfillment center in Coopersburg, Pa.
"Peapod by Giant has seen exciting growth in the Philadelphia area and we are delighted to partner with our sister grocer, Peapod, to expand service to additional zip codes in the Giant trade area," said Rick Herring, president. "As always, we will strive to provide a wide selection of well-priced, top quality, fresh products with the ease of online shopping and home delivery."
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Retail real estate still improving, thanks to Millennials
Chicago — Employment growth in science, technology, engineering and mathematics and the continuing recovery in the U.S. housing market have begun to affect all sectors of commercial real estate, according to Jones Lang LaSalle’s “Cross Sector Outlook.”
Total sector commercial real estate volumes in the first three quarters of 2013 have reached $208.82 billion, an increase of 30% over the same period in 2012, said the report.