A convenient, albeit misleading headline has gained great currency in the retail business — this being that physical retail is disappearing at a rapid rate.
The United States saw a surge in grocery expansion in 2018. Across the nation, grocery openings were up 29.4% from the year prior with 17 million sq. ft. of new grocery space.
Jeff Edison co-founded Phillips Edison — one of the nation’s largest owners of grocery-anchored shopping centers — just two years after the founding of the World Wide Web.