By Friday, the Wegmans signage was up... the store is expected to be operating by the second half of 2023 on Astor Place ...
Meanwhile, retail reporter Warren Shoulberg wrote a piece for Forbes titled "Wegmans In, Kmart Out: But It’s About So Much More Than That."
Among his observations:
• Any talk of the demise of urban living — and urban shopping — can be tossed aside with this Wegmans' move. It validates the premise that younger generations (and older ones too who don't want to move) are going to continue to choose living in a big city as opposed to the suburbs, small towns and all points in between.Young families with kids or about to have kids will go that route — as they have for every generation since the end of World War II — but anyone thinking this was the beginning of the end of urban destinations like New York City needs to rethink that theory.
Stay tuned for more analysis about Wegmans over the next two years!