RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jul 06, 2018 |

Supermarket News

Vote set for Albertsons - Rite Aid deal

Rite Aid has set a special stockholders meeting for August 9 to vote on a proposal to approve its merger with Albertsons, even as some investors are trying to stop the deal. Rite Aid has repeatedly stated that the deal is in the best interest of its shareholders. However, some investors have been upset that […]

David Goodman | Jul 06, 2018 |

Supermarket News

Giant to open e-commerce hub in Lancaster County, PA

Giant Food Stores recently announced a $22 million investment in Lancaster County, PA. The grocery retailer plans to launch a new e-commerce hub, remodel four stores, lower prices, and open a fuel station in Lititz. According to a company press release, the e-commerce hub “will be designed with a unique format that offers curbside pickup […]

David Goodman | Jul 06, 2018 |

Supermarket News

BJ's Wholesale goes public... again

After filing for an initial public offering in May, late last month BJ’s Wholesale Club announced an IPO of 37.5 million shares of common stock at $17 per share, raising $637.5 million. The company now trades under the ticker symbol “BJ” on the New York Stock Exchange. The stock closed yesterday at $23.75. BJ’s presence […]

David Goodman | Jul 06, 2018 |

Supermarket News

Wegmans named easiest company for customers to work with, Wawa also top performer

Last week the Temkin Group published the 2018 Temkin Effort Ratings, which the company calls the industry’s most comprehensive benchmark of customer effort. This measurement shows the degree to which customers view companies as either easy or hard to work with. The winner? Wegmans Food Markets. Temlin has proclaimed Wegmans as the “easiest company for […]

David Goodman | Jun 11, 2018 |

Supermarket News

Dollar stores continue to increase food and beverage offerings

A story in Supermarket News earlier this month reports that Dollar General and Dollar Tree are pushing ahead with plans to increase their food and beverage offerings. Dollar General Dollar General reported that consumable sales rose significantly in the quarter ending May 4, which helped the company fuel a gain in total sales as well […]

David Goodman | Jun 11, 2018 |

Supermarket News

MOM's Organic Market opens 19th store

MOM’s Organic Market opened its 19th location earlier this month in Gaithersburg, MD. The 16,000 square foot store follows recent openings in White Marsh, MD, Cherry Hill, NJ, Baltimore, MD and Philadelphia, PA. According to Founder and CEO Scott Nash, the company doesn’t have openings scheduled for the next 12 to 18 months, but will […]

David Goodman | Jun 11, 2018 |

Supermarket News

Amazon Go convenience stores slated for Chicago, San Francisco

Amazon confirmed last month that Amazon Go convenience stores are slated for Chicago and San Francisco, but no timetable was provided. The first Amazon Go, an 1,800 square foot store that carries mostly food and beverages along with some nonfood items like batteries and over-the-counter medicine, opened in Seattle in January. Go stores feature checkout-free shopping made […]

David Goodman | Jun 11, 2018 |

Supermarket News

Lidl expands delivery via Shipt

Shipt announced last month that it has begun to offer online grocery delivery services for Lidl stores in Northern Virginia. The company said that fresh foods, household essentials and other grocery items ordered through its online marketplace can be delivered from Lidl stores in Ashburn, Fredericksburg, Manassas and Woodbridge in as soon as an hour. […]

David Goodman | Jun 11, 2018 |

Supermarket News

Target continues to expand same-day and next-day delivery

Last month Target announced that it rolled out its Target Restock service nationwide, and that the company has expanded its Shipt same-day delivery service in six midwestern states. Restock According to Target, more than 75% of the U.S. population can order from an assortment of 35,000 items and have their “Restock box” delivered to their door […]

David Goodman | Jun 11, 2018 |

Supermarket News

Several Aldi stores opening soon in Southeastern PA

The Mercury reported recently that Aldi plans to open stores in Pottstown and Malvern, with the Pottstown store slated to open at the end of this month, and the Malvern store coming in the fall. And last week The Delaware County Times reported that Aldi would open on June 14 in the former Giant supermarket […]

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