Percheron Management LLC

This is quite amazing. E-Commerce grocery sales topped $8 Billion in November. Annualized, that equates to roughly $100 Billion, representing a huge chunk of the overall industry! The pandemic has dramatically changed how we shop for food, and it will be interesting to see how this continues to develop in the coming years. https://chainstoreage.com/online-us-grocery-sales-top-8-bil

This suburban Philadelphia office complex was just sold for a very impressive number! Sidra Capital acquired a 90% ownership stake in Arborcrest Corporate Campus, an 855,600-square-foot suburban office campus spanning five buildings in northern Philadelphia. The purchase price equates to approximately $290 per square foot. Despite all the negative news out there, this is very positive for the office market and it shows what premium properties are worth!

Businesses need to make sure they are meeting their customers' expectations. Here is one survey about shopper opinions on cleanliness: https://chainstoreage.com/survey-extra-cleaning-measures-co

Well, it looks like the Coronavirus can't stop, or even slow down, the Christmas Spirit! Ho! Ho! Ho! https://chainstoreage.com/nrf-holiday-sales-rise-36-52-stro

I'm glad to see that some companies are thriving in this environment. I do worry, however, that companies like Amazon and Target are gaining market share due to the losses from small businesses across the country. https://chainstoreage.com/target-blowout-quarter-cites-unpr

Dunkin Donuts being sold for $11.3 billion. That's a lot of coffee and donuts... http://www.restaurantnews.com/inspire-brands-to-acquire-du/