RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jan 30, 2019 |

Sprouts to open 30 new stores in 2019

Sprouts Farmers Market announced earlier this month that it plans to open nine new stores in the second quarter of 2019. Overall, the company expects to open about 30 new stores for the year, the same as in 2018. The stores opening in the second quarter are in New Jersey (Marlton), Louisiana, Virginia, Florida (2), […]

David Goodman | Jan 30, 2019 |

Trader Joe's tops annual Retailer Preference Index

According to Dunnhumby’s second annual Retailer Preference Index (RPI), Trader Joe’s was the top grocery retailer, followed by Costco, Amazon, H-E-B and Wegmans. In a survey of 7,000 U.S. households, the RPI examined 56 grocery retailers to determine which companies have the strongest combination of consumer emotional sentiment and financial performance. Market Basket finished 6th, […]

David Goodman | Jan 30, 2019 |

Giant/Martin's and Stop & Shop to add robots that roam store aisles

Giant Food Stores announced earlier this month that each of its Giant/Martin’s and Stop & Shop stores will soon feature a 6-foot, 5-inch, 130-pound robot named Marty.  Marty will scan the aisles for fallen items, and will move around slowly enough for customers to take selfie’s with it, according to President Nicholas Bertram. The effort […]

David Goodman | Jan 27, 2019 |

Several supermarket opening and closings announced

It’s been a busy month for opening and closing announcements. Here’s a sampling. Openings: Trader Joe’s, Lidl, McCaffrey’s, Wegmans, Giant Heirloom Market Closings: Weis, Acme, ShopRite Trader Joe’s is pursuing plans to open a store across Arch Street from the Pennsylvania Convention Center, according to a company spokesperson. The store will reportedly be on the […]

David Goodman | Dec 28, 2018 |

Kroger debuts self-driving delivery vehicles

Kroger announced that it has started using unmanned vehicles for online grocery deliveries. The services was launched at a Fry’s Food Store in Scottsdale, AZ. It follows a successful pilot with Nuro, a California-based robotics and artificial intelligence specialist. To use the service, customers shop for their groceries at FrysFood.com or via their mobile app, […]

David Goodman | Dec 28, 2018 |

Instacart and Whole Foods to end partnership

Instacart said earlier this month that it will “wind down” its nearly five-year old partnership with Whole Foods. Instacart plans to lay off 243 of its 1,415 Whole Foods personal shoppers. However, the company said it expects to place more than 75% of its affected personal shoppers in similar jobs at other retailers in their […]

David Goodman | Dec 28, 2018 |

Grocery Outlet to open 40 new stores in 2019

Grocery Outlet, the California-based discount food retailer, has quietly ramped up its growth as competitors like Aldi and Lidl are making much more industry noise. Earlier this year the company opened its 300th store, and 40 new stores are expected for 2019. Grocery Outlet, which purchased Amelia’s stores in Greater Philadelphia a few years ago, […]

David Goodman | Nov 28, 2018 |

Lidl opening first store in Pennsylvania

Lidl announced that its first Pennsylvania store will open next week in Folsom. The company, which operates about 10,000 stores in 29 countries, has 59 operating U.S. stores throughout New Jersey, Delaware, Maryland, Virginia, North Carolina, South Carolina and Georgia. Lidl announced earlier this month that it plans to purchase 27 Best Supermarkets, mostly in […]

David Goodman | Nov 27, 2018 |

Costco and Target are primed for growth, experts say

According to participants in Supermarket News‘ 23rd annual Financial Analysts’ Roundtable, warehouse clubs, specifically Costco, may be primed for a growth surge. Wolfe Research Managing Director Scott Mushkin said that Costco’s broad mix of offerings make it a big draw. “Costco, over time, has created more and more reasons to pay for that membership,” Mushkin […]

David Goodman | Nov 27, 2018 |

Study reveals that Whole Foods' prices have not improved under Amazon

A study conducted by Senior Analyst Chuck Grom from Gordon Haskett in New York found that prices at Whole Foods haven’t changed much in the year since it was purchased, despite Amazon’s promise of lower prices. As published in a September story by Forbes.com, in seven pricing studies of a basket of 108 items over […]

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