Thursday, March 16, 2023

The unexpected American shopping spree seems to have cooled | MPR News

People spent about 2 percent less on cars and parts, and 2.2 percent less at restaurants and bars, the latest report on retail sales showed. People bought less furniture, fewer clothes as well as home-improvement and gardening supplies. Spending at department stores dipped 4 percent.

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Publisher: MPR News
Twitter: @MPRNews
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The Best Days and Times To Go Shopping at Costco | GOBankingRates

With 123 million members, Costco is a must-stop shop for many consumers. But the warehouse club, as many shoppers know all too well, can be a little too popular for comfort. In other words, it can get crowded. When are the best days and times to go shopping at Costco to beat the crowds?

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Publisher: GOBankingRates
Date: 2023-03-15T04:53:20Z
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Online grocery shopping habits shift among loyal consumers | Grocery Dive

The low order frequency among MAUs was offset by higher spending per order across the three online channels and its second consecutive year of user base growth.

Ship-to-home sales stood out in February as the only channel that had an average order value increase for the month that exceeded the rate of grocery inflation, the firms noted. Ship-to-home also reversed its months-long year-over-year sales decline, posting a more than 14% increase in February.

Publisher: Grocery Dive
Date: 2023-03-15
Author: Catherine Douglas Moran
Twitter: @grocerydive
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Hines Buys White Plains Shopping Center for $112M

High interest rates have slowed demand for most commercial property types, but investors are clearly still hungry for supermarkets.

Last week, Houston-based Hines paid $112 million for the Source at White Plains, a Whole Foods-anchored shopping center at 100 Bloomingdale Road in the Westchester County city, the Wall Street Journal reported Tuesday.

Publisher: The Real Deal
Date: 2023-03-14T18:18:26 00:00
Author: Priyanka Modi
Twitter: @trdny
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