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Wegmans Continues Expansion Plans

Wegmans Continues Expansion Plans

Monday, December 23rd, 2019

Just a couple of weeks ago, New York-based retailer Wegmans announced its plans to open a $175 million full-service, regional distribution operation in Hanover County, set to create 700 new jobs. This week, the company announced more movement on the Eastern Seaboard, closing a $6-million-dollar deal in order to develop a new location in North Carolina.

This announcement follows Wegmans’ release in August that detailed several new locations to be developed in the future. According to Triangle Business Journal, the new Holly Springs store will be one of six that will populate the area. The site was purchased from Lowe’s Companies and is situated on 12.5 acres.

Wegmans closed a $6-million-dollar deal to develop a new location in North Carolina

Although Wegmans did not immediately confirm the whispers of this new store, its color scheme and iconic clock tower gave it away, and the retailer has now officially confirmed the plans. The news source also noted that Wegmans is developing mixed-use hubs surrounding the new stores.

For more of Wegmans’ development in the East, stick with us at Deli Market News.