Shop-Rite takes Walmart’s rumored location

TRD New York /
Sep.September 14, 2012 04:30 PM

If Walmart still has its eye on New York City, it’s going to have to focus on another location. Related Companies’ Gateway II mall, the long-rumored East New York site of a city location for the retail giant, has signed a deal with Shop-Rite supermarkets to anchor the development, Crain’s reported.

Opposition to Walmart was fierce following the rumors, as many labor activists feared the retailer would undermine local shops and disapproved of its nonunion hiring practices.

“Walmart today announced that we were unable to agree upon economic terms for a project in East New York,” a spokesperson for Walmart told Crain’s. “We remain committed to bringing new economic development and shopping options to New York City, especially in the neighborhoods that need them most.”

Crain’s said the opposition took credit for Walmart’s inability to land the location. However, polls last year showed a majority of New Yorkers were amenable to a Walmart in the five boroughs, and that many take their dollars to the suburbs to spend money at existing locations. [Crain’s]Adam Fusfeld


Related Articles

arrow_forward_ios
Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)

Related is the latest developer to target the Rockaways

Jay Kriegel (Credit: Kent Presents)

Jay Kriegel, Related senior adviser and ex-mayoral chief of staff, dies

55 Hudson Yards, Facebook CEO Mark Zuckerberg (Credit: Google Maps and Getty Images)

Here’s how much Facebook is paying at Hudson Yards

Huizenga lobbied Rick Scott to secure Opportunity Zone designation for West Palm site

Huizenga lobbied Rick Scott to secure Opportunity Zone designation for West Palm site

Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images)

It’s official: Facebook is taking 1.5M sf in Hudson Yards

15 Hudson Yards (Credit: Related-Oxford, iStock)

First he sold a plot of land to Hudson Yards’ developers. Now he owns 7 luxury condos there

The Plaza Hotel in 1975 and models walking the runway during New York Fashion Week September 2019 (Credit: Getty Images)

Fashion Week struts its stuff at these iconic NYC locations

Related CEO Jeff Blau, Deutsche Bank CEO Christian Sewing, and Time Warner Center at 10 Columbus Circle (Credit: Getty Images and Wikipedia)

Deutsche Bank shrinks footprint at future Columbus Circle home amid global downsizing

arrow_forward_ios