The struggles of mall stalwarts such as Macy's, Sears and J.C. Penney could spell opportunity for supermarket chains. Just last month, beloved Connecticut chain Stew Leonard's began renovating an 80,000-square-foot location at New Jersey's Paramus Park Mall formerly occupied by Sears.
A wide range of grocers, including Wegmans, Lidl, Whole Foods and The Fresh Market, have pounced on vacant mall space recently. Drawn by the prospect of high visibility, a destination location and generous enticements from landlords, these so-called "mall marts" have been cropping up across the country.. . . more