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WITH DAVID GOODMAN

David Goodman | May 05, 2019 |
Supermarket News

Walmart to spend $83 million on PA remodel this year

Walmart announced last month that it plans to spend approximately $83 million this year to remodel 15 Pennsylvania stores. Stores set for improvements include locations in Harrisburg, Philadelphia and Quakertown, among others. The $83 million planned for Pennsylvania stores is part of about $11 billion in total capital expenditures planned by the company in fiscal […]
David Goodman | May 05, 2019 |
Supermarket News

Artificial Intelligence on display at Walmart Intelligent Retail Lab

Walmart opened its new Intelligent Retail Lab last week inside a 50,000 square foot Neighborhood Market grocery store in Levittown, NY, which is on Long Island. According to the company, the store will test new, innovative ideas with the help of artificial intelligence-enabled cameras, interactive displays and a massive data center (in full view of […]
David Goodman | May 05, 2019 |
Supermarket News

Weis to spend $109 million on capital expenditures this year

Weis Markets announced late last month that the company plans to invest $109 million in capital expenditures during 2019. The investments are slated for new stores, remodels, supply chain improvements and technology upgrades. In the same announcement, a Weis executive said that sales rose to a record $3.5 billion in 2018, with comparable-store sales increasing […]
David Goodman | Mar 31, 2019 |
Supermarket News

Whole Foods and Instacart end partnership, 56 workers let go

Whole Foods and Instacart announced earlier this month that the two companies have “mutually agreed” to end their delivery services partnership, effective May 15. As a result, 56 Philadelphia-area workers have been laid off. The end of the Whole Foods – Instacart relationship did not come as a surprise to industry analysts, many of whom […]
David Goodman | Mar 31, 2019 |
Supermarket News

Giant's Warrington, PA store set to open this week

Giant plans to open a store at Doylestown Pointe Plaza in Warrington, PA this Friday, April 5, one day after it closes for business in nearby Jamison on Thursday, April 4. The new location will feature a Beer & Wine Eatery and a full-service pharmacy, in addition to Giant’s typical supermarket departments. The space was […]
David Goodman | Mar 31, 2019 |
Supermarket News

Grocery store openings increased 30 percent in 2018

New grocery store openings were up 30% in 2018 as compared to the prior year, according to a report by JLL. More than one-quarter of the new stores were in Florida, California and Texas as a result of expansion by Publix, Sprouts Farmers Market, Aldi, Kroger and H-E-B. “Grocery is one of the strongest retail […]
David Goodman | Mar 02, 2019 |
Supermarket News

Equity CRE enters its 25th year in business

Twenty-five years ago Equity CRE was formed. Our founders had a clear and straightforward goal: to create a brokerage firm with a stellar reputation that establishes long-term, productive relationships with clients, staff, and competitors. All of us at Equity are grateful and humbled to be living the vision of our founders. In fact, it’s better […]
David Goodman | Mar 02, 2019 |
Supermarket News

Americans still prefer in-store grocery shopping over buying online

American consumers still overwhelmingly prefer to buy groceries in-store rather than online, according to a survey sponsored by facilities management company Vixxo. Not surprisingly, the research also found that providing an exceptional in-store experience and high food quality are key drivers for keeping supermarket customers happy and loyal. About 1,260 U.S. consumers were surveyed about […]
David Goodman | Mar 02, 2019 |
Supermarket News

Pathmark supermarket to open in Brooklyn... really

Grocery retail cooperative Allegiance Retail Services announced that it plans to open a 49,000 square foot Pathmark supermarket – at the site of a former Pathmark store in Brooklyn, NY – later this month or next. The New Jersey-based cooperative purchased the intellectual property of the Pathmark name and associated marks last year. Pathmark was […]
David Goodman | Mar 02, 2019 |
Supermarket News

Plans submitted for first Delaware Wegmans

The state of Delaware is slated to get its first Wegmans supermarket. According to WDEL.com and Pettinaro Development, the store would be located at Barley Mill Plaza in Greenville if approved by New Castle County Council. If approved, Wegmans would be an integral part of a multi-use plan that includes office, retail, apartments and townhouses.

David Goodman

David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties.

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