Wegman's in Collegeville: Not Doing As Good As Expected?
I heard from a co-worker that he heard from someone who works there that they apparently are not doing anywhere near as well as they had forecasted for that location. I can see it, in this time of belt-tightening, layoffs and recession. Has anyone else heard anything about this?
Have you been to Wegman's on the weekend?! The place is a mob scene, you can barely walk through the store. If anything is hurting sales, it's the lack of other businesses in that shopping center, it's practically empty. I'm sure sales will continue to grow as tenants are found. I know in the next few months, EMS and Home Goods are opening in the shopping center. I would bet that Wegman's is in it for the long haul and can ride out any kind of soft sales.
I would agree with you that the "failure" of that shopping center could also have an impact on sales. The one thing that the new Giant has is that it's within walking distance of the Target, making it very easy to kill two birds with one stone when it comes to running errands.
It wouldn't surprise me in the least. While Wegmans may be a different animal than other supermarkets I don't think that two brand new markets (Giant and Acme) opened up in Royersford has helped their cause. I haven't been up that way in a while, but does the new Target also have a market section? If so, that's another strike against them as well.