The Market Report

ShopRite Owner: Inserra Supermarkets Opened:  November 17, 2023 Previous Tenants:  none Cooperative:  Wakefern Food Corp. Location:  180 Broadway, Elmwood Park, NJ Photographed:  February 17, 2024 Welcome to the ShopRite of Elmwood Park! Built on the site of a former Kmart that was previously a Grand-Way department store and in the next block over from the onetime Grand Union headquarters. Times change, and the Grand Union has come and go, as has the Pathmark built just behind the headquarters, and the ACME that replaced it. Now, half of the ACME is a LIDL, and a 58,000 square foot ShopRite occupies the property once holding a multi-story flagship department store. The store is owned by Inserra Supermarkets, which has around 35 supermarkets in northeastern New Jersey and in Rockland County, New York . It's similar to the Inserra store in Fair Lawn , which is only about two miles northeast. The Fair Lawn store, though, is around 12,000 square feet larger. That...

ACME Markets Opened:  2015-2019 Previous Tenants:  Pathmark Later Tenants:  LIDL Location:  58 Broadway, Elmwood Park, NJ Photographed:  August 2019 and December 2020 We're just over the river from Paterson, the largest city in the Bergen - Passaic region, here in Elmwood Park, formerly East Paterson; Woodland Park was formerly West Paterson. Notice that both have kept their EP and WP initials. ACME bought this early-00s built Pathmark in the 2015-16 A&P bankruptcy, but closed it permanently in fall 2019. Discount grocer LIDL will be moving into the left half of the Pathmark/ACME. What really did in the store, though, is the coming ShopRite opening two blocks west in a former Kmart . The facility, at 45,000 square feet, is much smaller than many modern supermarkets including the coming ShopRite, which will be almost double the size of this ACME. That said, because it's a relatively newly built store, it's still in great shape. I in...