RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 24, 2018 |
Supermarket News

Target posts best quarter in over a decade

Target announced this week that the company’s second quarter results were its strongest in more than a decade, fueled by a 6.5% same-store sales increase, as well as a 6.4% increase in customer traffic. Last year Target began implementation of a strategy that earmarked $7 billion to improve digital operations, expand private label collections, lower […]
David Goodman | Aug 23, 2018 |
Supermarket News

Rite Aid calls off Albertsons deal

The planned merger between Albertsons and Rite Aid was called off earlier this month due to concerns that the drug store chain’s investors wouldn’t approve the deal. At issue was the $24 billion price, which many of the stockholders and third party advisory firms felt was insufficient. The deal was originally announced in February and […]
David Goodman | Aug 23, 2018 |
Supermarket News

Giant opens new, improved store in Feasterville

Earlier this month Giant Food opened its new Feasterville, PA location. The new store is 66,000 square feet, approximately 25 percent larger than the store down the street that closed a day before the new Giant opened. The new location includes an expanded fresh produce department with more organic selections, fresh-squeezed juices, in-store cut fruit, […]
David Goodman | Jul 25, 2018 |
Supermarket News

Study finds that most consumers still want to buy groceries in stores

According to a recent Forbes.com story, The Food Marketing Institute estimates that online grocery sales will reach $100 billion by 2025, or about 20% of the grocery retail market. Today it is estimated that 2.0% to 4.3% of industry sales originate online. Amazon currently leads the way in the online grocery market, with an 18% […]
David Goodman | Jul 25, 2018 |
Supermarket News

Sam's Club to open 32,000 SF store

Sam’s Club announced last month that it plans to open a smaller-format store centered on convenience and a digital experience, with the product selection focusing on consumables. The 32,000 square foot store is scheduled to open in Dallas this fall. Typical Sam’s Club warehouse stores are about 135,000 square feet, with many even larger. According […]
David Goodman | Jul 12, 2018 |
Supermarket News

Amazon brings Whole Foods into the mix for Prime Day

Amazon announced earlier this week that it plans to offer Prime customers $10 to spend on Amazon for Prime Day when they make a purchase of $10 or more at Whole Foods between July 11 and 17. Prime Day begins at 3:00 pm on July 16 and runs through July 17. Here’s how it works. […]
David Goodman | Jul 11, 2018 |
Supermarket News

The Fresh Market to close 15 stores

The Fresh Market announced yesterday that it plans to close 15 stores in nine states. None of the closings are in Pennsylvania, New Jersey or Delaware. The closings are expected to take place in the next two to four weeks. Four of the stores are in Illinois, two in Georgia, two in Virginia, and one […]
David Goodman | Jul 10, 2018 |
Supermarket News

Kroger to test unmanned vehicle delivery

Kroger announced in late June that it plans to pilot unmanned road vehicles for grocery delivery through a partnership with Nuro, a California-based robotics and artificial intelligence company. A test scheduled for the fall will allow customers to place grocery orders through Kroger’s ClickList system and Nuro’s app, and have their items delivered the same […]
David Goodman | Jul 10, 2018 |
Supermarket News

Giant Eagle launches Scan Pay & Go service

The Pittsburgh-based Giant Eagle supermarket chain recently launched Scan Pay & Go, a service that enables customers to use their phones or a store-provided device to scan groceries as they shop. The service allows shoppers to keep track of how much they are spending and experience a faster checkout process. Scan Pay & Go is […]
David Goodman | Jul 06, 2018 |
Supermarket News

Young customers taking to Lidl as older shoppers return to former shopping habits

Two recent studies show how Lidl is affecting the competition, and how the retailer is taking hold with customers. In a study called “Defending Supermarket Share When Lidl Comes to Town,” Florida-based Catalina, which claims to have the world’s largest database of shopper history, examined shopper behavior at 83 supermarkets within three miles of 30 […]

David Goodman

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

Call David

1.484.417.2219

Envelope Linkedin-in Instagram