The Market Report

Key Food Supermarkets Opening:  TBA Owner: Pablo Espinal Previous Tenants: none; A&P (late 1960s-ca. 1990) > Associated (1991-2021) previously on property Cooperative: Key Food Stores Location: 975 Nostrand Ave, Brooklyn, NY Photographed: July 15, 2026 Keep an eye on this ground floor space at 975 Nostrand in Crown Heights, Brooklyn: It's soon to become a Key Food supermarket, according to a real estate listing . (Knowing Key Food, it's entirely possible it'll actually open under a different name but still be connected to Key Food.) The supermarket will be around 17,000 square feet, so substantial but not that big. The interior build-out doesn't seem to have started yet, but the building is complete so now it's up to the supermarket operator. Who will run this Key Food? Well, it seems that it'll be run by Pablo Espinal. He had previously owned an Associated at this spot for 20 years before the store closed to make way for the new development, with m...

Peekskill Supermarket Opened: 1969 Owner: Bermeo Group Previous Tenants: A&P (1959-2015) > Key Food (2016-2017) > Peekskill Green Grocers (2017-2019) > Apple Farm (2020-2025) Cooperative: Key Food Stores Location:  20 Welcher Ave, Peekskill, NY Photographed: July 10, 2026 The newest addition to Peekskill, New York's grocery scene is a freshly-opened (the official grand opening was today, in fact, but the store has been in the soft opening phase since July 1) independent in a building that's been home to many grocery stores over the years. You'd hardly know it, but this building started out as an A&P back in 1969, later getting an expansion in 1975. The original store was around 18,000 square feet, and the expansion brought it to around 34,000 square feet. A&P stayed here, with Sav-A-Center signage intact, up through the chain's bankruptcy. Key Food bought this store in the auction, and cut the sales floor back to about 20,000 square feet, open...

Compare & Save Supermarket Opened: May 15, 2026 Owner:  Carlos Batista Previous Tenants: Penn Fruit > Rite Aid Cooperative: Allegiance Retail Services Location: 6515 Castor Ave, Philadelphia, PA Photographed:  June 5, 2026 I don't have any inside insight, but from my estimation, Allegiance Retail Services -- the cooperative behind Foodtown and Pathmark -- has had a bumpy couple of years. Their member Morton Williams was acquired by Wakefern, cutting around 15 stores from their network, followed by member Adam Shapiro switching to Key Food  (that was another three stores). A brand-new Hudson Valley Freshtown closed in under a year after opening, while Food Circus has retreated to just two stores after closing stores in Port Monmouth and Red Bank . Meanwhile, the launch of Pathmark Daily feels more like a last-ditch retool to save a struggling store than a true launch of a new brand. Despite all of that, there's been a really significant, somewhat surprising b...