From the first self-service grocery store, Piggly Wiggly, in 1916 to the rise of grocery pickup and delivery services in 2024, the way we shop for groceries has transformed dramatically. Join me as we explore how this shift has not only changed consumer behavior but is also reshaping the landscape of commercial real estate. With the pandemic accelerating the trend toward convenience, grocery pickup has become the norm, prompting stores to reduce in-store shopping space and expand areas for online order fulfillment. Discover the implications for landlords and investors as we discuss emerging opportunities for smaller-format grocery stores and micro-fulfillment centers in urban neighborhoods. As the traditional grocery model evolves, what new avenues will open for those looking to invest in this changing market?

 

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