RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 15, 2019 |

Wawa plans 40 stores in Northern Virginia

Wawa announced last month that it plans to open 40 stores in Northern Virginia in the next 15 years. The company currently operates about 850 stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania, Virginia and Washington, DC. Wawa’s Florida expansion began in 2012, and today there are 165 units in the state.

David Goodman | Oct 15, 2019 |

Brick and mortar supermarkets continue to lose market share

According to research by Inmar Analytics, traditional supermarkets lost food retail market share to nontraditional grocery competitors and convenience stores in 2018. Last year supermarkets, fresh formats, limited-assortment stores, superwarehouses and small grocery stores saw sales drop 1.1%, lowering dollar share 1.7% year over year to 43.8%. In addition, the traditional supermarket store count fell […]

David Goodman | Oct 15, 2019 |

Amazon technology to allow payment via hand scanning at Whole Foods

Several publications reported last month that Amazon is planning to introduce a biometric payment method in Whole Foods stores. In other words, customers with a Prime account and a card on file will be able to scan their hand at checkout to make a purchase. With this technology and payment method, customers won’t actually have […]

David Goodman | Sep 09, 2019 |

Walmart dominates online grocery in the U.S.

According to research published earlier this summer by Second Measure, Walmart is dominating the online grocery market in the U.S., with 62% more customers than its nearest competitor, Instacart. The rankings are as follows: 1. Walmart 2. Instacart 3. Amazon Prime Now 4. AmazonFresh 5. Shipt 6. FreshDirect 7. Peapod Interestingly, Walmart has less than […]

David Goodman | Sep 09, 2019 |

Are Aldi and Trader Joe’s related?

It’s a popular question, and the answer is no. They do have a shared history, though. Aldi opened its first store in Germany in the early 1900s. After World War II, the owner’s sons took over and expanded the business into one of the largest grocery chains in Europe, with hundreds of locations. In 1960 […]

David Goodman | Sep 09, 2019 |

Redner’s Fresh Market to open in former Audubon, PA Genuardi’s site

Redner’s Fresh Market plans to open this fall in a former Genuardi’s location in Audubon, PA. It will be the second Fresh Market for Redner’s, which operates warehouse grocery stores and Quick Shoppe convenience stores in Pennsylvania, Maryland and Delaware. Redner’s President Ryan Redner said in a press release that the Audubon store will be […]

David Goodman | Sep 09, 2019 |

Grocery Outlet opens 19th PA store

With the opening of a store in Warminster last month, Grocery Outlet now has 19 locations in Pennsylvania. And more may be coming soon, as the company is actively seeking locations in the market. Earlier this summer Grocery Outlet went public, and now trades on the Nasdaq market. The discount grocer has about 325 stores […]

David Goodman | Sep 09, 2019 |

Atlantic City making a play for ShopRite to open in food desert

New Jersey’s Casino Reinvestment Develop Authority, which is trying to bring a supermarket to Atlantic City, voted in late August to designate Village Supermarkets as the developer and operator of a 40,000 square foot store near the city’s convention center. Village Supermarkets owns and operates 30 ShopRite stores in New Jersey, New York, Pennsylvania and […]

David Goodman | Sep 09, 2019 |

Target’s small stores and big remodels are paying off

Target announced recently that it opened its 100th small-format store and finished remodeling its 500th location. The large-scale effort has paid off so far, as the company’s share price has surged to new highs and its most recent earnings report beat analysts’ estimates. According to COO John Mulligan, Target is on pace to open 30 […]

David Goodman | Sep 09, 2019 |

Lidl continues PA/NJ expansion w/Royersford store

Lidl opened its third PA store last month in Royersford, and more are planned for Greater Philadelphia communities. A Trooper, PA store is set to open in mid-September, and construction recently started on a Lansdale, PA location that was formerly occupied by Acme. The Royersford, Trooper and Lansdale locations are in Montgomery County. Lidl recently […]

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