RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 08, 2018 |

Grocery Outlet to close Royersford, PA store

The Grocery Outlet in Royersford, PA announced that it will close on October 30, but township residents and several government and elected officials are pleading with the company to keep the store open. There is a Giant supermarket down the road, and several supermarkets in the Route 422 corridor. The Grocery Outlet currently has more […]

David Goodman | Oct 08, 2018 |

Kosher supermarket opens in Northeast Philly

The first all kosher supermarket in the Philadelphia region opened last spring on Bustleton Avenue in Northeast Philadelphia. The 13,000 square foot store offers foods like meats, pizza, sushi, breads, candy and kugel, as well as household staples like laundry detergent and paper towels. According to Lubicom Marketing Consulting, a New York firm that co-hosts […]

David Goodman | Oct 08, 2018 |

Sprouts opens in Philly

Sprouts Farmers Market opened its first Pennsylvania store last month at Lincoln Square in Philadelphia. At 32,000 square feet, the store carries about 19,000 products, 90% of which are natural or organic, according to the company. In addition, 6,100 products are non-GMO and 7,100 are gluten free. Sprouts currently operates 316 stores in 19 states. […]

David Goodman | Aug 29, 2018 |

United Natural Foods to acquire Supervalu

United Natural Foods announced that it plans to acquire Supervalu for $2.9 billion in cash. According to Supermarket News, the deal would create a large, diverse food distributor serving traditional grocery stores via Supervalu, and natural/organic product retailers though United Natural Foods, whose primary customer is Whole Foods. The acquisition is expected to result in […]

David Goodman | Aug 29, 2018 |

Aldi planning a major product expansion in 2019

Earlier this month Aldi announced a major product expansion to go along with its ongoing efforts to open new stores and upgrade existing locations. With the product expansion, slated to roll out early next year, Aldi says 20% of items in every store will be new when compared to the product mix during the same […]

David Goodman | Aug 28, 2018 |

Walmart testing self-driving cars and robots

Walmart’s vice president of digital operations said late last month that the company plans to pilot an online grocery service with self-driving cars that pick up customers at their homes and take them to the store to collect their orders. Walmart plans to test the service in Chandler, AZ with Waymo, formerly Google’s self-driving car […]

David Goodman | Aug 28, 2018 |

Amazon launches 30-minute curbside pickup at Whole Foods

Amazon announced earlier this month that it has launched a new curbside pickup service for Amazon Prime members at select Whole Foods stores. The service is currently available in Sacramento, CA and Virginia Beach, VA, and Amazon plans to expand it to other cities later this year. Through the service, customers can place orders via […]

David Goodman | Aug 28, 2018 |

Weis Markets launching same-day delivery via Shipt

Weis Markets announced that it will rollout same-day delivery via Shipt beginning on September 6 in 11 markets throughout Pennsylvania, Delaware and Maryland. Shipt, based in Alabama and owned by Target, said the rollout will give nearly 2.6 million households access to products delivered from Weis in as soon as one hour. The same-day service […]

David Goodman | Aug 24, 2018 |

Kroger partners with China e-commerce giant Alibaba

Kroger announced last week that it plans to test sales of its Simple Truth natural and organic brand  through Alibaba, China’s largest e-commerce retailer. The move will give Alibaba’s 500+ million Chinese consumers access to Kroger’s Simple Truth brand. Kroger pointed out that the partnership supports its strategic plan to redefine the grocery customer experience […]

David Goodman | Aug 24, 2018 |

Two women visited all 97 Wegmans stores in one week

According to several news reports, two “Wegmaniacs” decided to spend their vacation time by visiting all 97 Wegmans stores in one week. Yes, two women traveled nearly 4,000 miles in six states doing nothing but driving to and from Wegmans. Apparently they documented their journey on Instagram. I don’t know the account name, and I’ve […]

David Goodman

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

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