The Real Deal Miami

Big grocery anchors mean more customers for small businesses

August 29, 2011 01:33PM

The arrival of grocery store Aldi in Palm Beach County today will be a relief for other business owners stuck for months in a shopping center with no anchor, the Palm Beach Post reported, and it’s not the only chain store finding itself in that situation. One owner moved his computer store into Boynton Lakes Plaza last fall to be closer to a new Publix. A thriving plaza with a grocery anchor can bring him 10 to 25 new customers a month, he said. “Whereas in an empty plaza, you get almost none,” he said. Retailers are starting to expand again, though the pace is “measured,” said Jesse Tron, a spokesperson for the International Council of Shopping Centers. “Having an anchor store – and a grocery is a typical anchor – greatly affects the financial health of the plaza and its other tenants,” he said. [Palm Beach Post]