RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 27, 2018 |
Supermarket News

Whole Foods to finally open in Newtown Square, PA

Long after the Whole Foods building was constructed at Ellis Preserve in Newtown Square, PA, it was announced that the store would open in January. Steve Spaeder, from Ellis Preserve developer Equus Capital Partners, said Amazon’s purchase of Whole Foods delayed the opening by a year and a half.
David Goodman | Nov 16, 2018 |
Supermarket News

Lidl to acquire 27 Best Market stores in New York and New Jersey

Lidl announced today that it plans to purchase 27 Best Market supermarkets in New York and New Jersey for an undisclosed amount. Twenty four of the Best Market stores are located in Long Island. The deal is expected to close early next year, and all of the acquired stores will be converted to the Lidl […]
David Goodman | Nov 07, 2018 |
Supermarket News

Walmart adds online delivery service in select Philly markets

According to a company news release, Walmart began online grocery delivery service late last month to Philadelphia and select suburbs, including King of Prussia, Warminster, Kennett Square, West Berlin and Cinnaminson. Customers in these areas can shop for items on Walmart’s website and choose a delivery time, including same-day delivery for an added fee. Walmart […]
David Goodman | Nov 07, 2018 |
Supermarket News

Business is booming at first Amazon Go stores

Initial reports about the Amazon Go store concept have been positive, and sales appear strong. In fact, advisory firm Brick Meets Click estimated that sales per square foot at the Seattle store are about $2,700. That’s nearly $5 million in annual sales for an 1,800 square foot, cashierless store. According to Brick Meets Click, “Amazon […]
David Goodman | Nov 07, 2018 |
Supermarket News

Lidl willing to lease sites, build smaller stores

Following an initial growth period that fell short of expectations, Lidl once again has a full head of steam as it searches for sites in Greater Philadelphia and beyond. When the German retailer began looking for sites a few years ago, it would only purchase property that could accommodate its 36,000 square foot freestanding prototype. […]
David Goodman | Oct 26, 2018 |
Supermarket News

Study shows that consumers still prefer visiting supermarkets for groceries

Despite all the hype around online ordering and delivery services, a recent study conducted by TABS Analytics found that conventional supermarkets and Walmart are overwhelmingly the top destinations for regular grocery shopping. Of the 1,000 U.S. adults surveyed, 75% said traditional grocery stores were the retail venues they regularly visited to buy food and beverages […]
David Goodman | Oct 26, 2018 |
Supermarket News

Whole Foods taking a small bite out of Trader Joe's traffic

In the past year, Whole Foods has increased foot traffic at the expense of Trader Joe’s, Walgreen’s and Dollar Tree, according to Sense360, a California-based company that tracks location data from millions of smartphone users. The data covers Whole Foods locations that are within a mile of competing stores. In addition, the number of shoppers […]
David Goodman | Oct 19, 2018 |
Supermarket News

Trader Joe's proposed for Cherry Hill

Plans presented to Cherry Hill officials earlier this month reveal that a Trader Joe’s store is proposed for The Shoppes at Garden State Plaza. TJ Maxx and HomeGoods are proposed as well. If approved, the new stores, along with a Shake Shack restaurant, would be built on Haddenfield Road and Garden Park Boulevard, between Pier […]
David Goodman | Oct 19, 2018 |
Supermarket News

Walmart poised to surpass Amazon as online grocery leader

A report released last week by Deutsche Bank Securities found that as a result of Walmart’s investments in e-commerce, the company may overtake Amazon in online grocery market share by the end of the year. “The retailer is reaping the returns of many years of investment in e-commerce and customer service,” said Deutsche Bank Analyst […]
David Goodman | Oct 08, 2018 |
Supermarket News

Price Rite debuts new store designs and expanded offerings

Wakefern’s Price Rite Marketplace held grand re-openings earlier this month for stores in Bethlehem, Allentown and Secane, PA where it’s piloting new store designs, expanded fresh and private-label offerings, and enhanced price savings. The grocer also said it is now offering a larger selection of Wholesome Pantry products, which include organic and gluten-free options. The […]

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