RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 29, 2017 |
Supermarket News

Vince 'Jim' Genuardi, supermarket pioneer, dead at 88

Vincent “Jim” Genuardi, who along with his brothers built the Genuardi’s Family Markets supermarket chain, died earlier this month. He was 88 years old. At its height, the Genuardi’s chain had 33 stores and 7,000 employees in Pennsylvania, New Jersey and Delaware. Genuardi’s daughter, Lisa Genuardi Wilson, said her father “was part of the committee […]
David Goodman | Oct 10, 2017 |
Supermarket News

Walmart adding same-day and in-home delivery to select markets

Walmart announced last week that it acquired Parcel, a technology-enhanced delivery company with experience in same-day perishable delivery. The company plans to use Parcel to help fulfill orders through Jet and Walmart in New York City. Parcel uses routing algorithms, a fleet of vehicles and trained employees to sort, load and deliver packages to customers. […]
David Goodman | Oct 10, 2017 |
Supermarket News

Target expanding "Restock" delivery service

Target announced last month that it plans to expand Target Restock, its next-day delivery service, to eight new markets, including Philadelphia. Target Restock allows customers to fill a shopping cart-sized box with household items and have it delivered the next day for $4.99. Over 15,000 household items, including baby products and cleaning supplies, are eligible […]
David Goodman | Oct 09, 2017 |
Supermarket News

Kroger - Ahold merger rumors have started

Last week the Cincinnati Business Courier reported that an analyst report out of Europe speculated that Kroger was pursuing a merger with Ahold Delhaize (Giant, Food Lion, Stop & Shop, Peapod, among others). On Wednesday of last week, Supermarket News reported that it was not able to verify the substance of the claim. Analysts have talked […]
David Goodman | Oct 09, 2017 |
Supermarket News

Whole Foods price reductions hit competitors hard

Thasos Group, a New York-based research firm, issued a report based on mobile phone location data that showed that Amazon’s lower prices at Whole Foods contributed to a 17 percent rise in foot traffic for Whole Foods stores the week of August 28, and that traffic remained modestly higher by mid-September. Amazon officially merged with […]
David Goodman | Oct 09, 2017 |
Supermarket News

Costco announces new online grocery program

Last week Costco announced an expanded relationship with Instacart, and a new online shopping service called CostcoGrocery. Instacart, which is currently offered at 376 U.S. Costco stores, will gradually expand to additional locations over the next year. CostcoGrocery is a service that includes about 500 nonperishable dry grocery items and provides free delivery on orders […]
David Goodman | Oct 02, 2017 |
Supermarket News

Albertsons to purchase meal-kit company Plated

Albertsons announced recently that it plans to acquire New York-based meal-kit company Plated, which has annual sales of over $100 million, according to a story in Supermarket News. The deal will allow Plated, which will operate as a wholly-owned subsidiary of Albertsons, to operate well beyond its subscription model with new distribution points, including Albertsons […]
David Goodman | Oct 02, 2017 |
Supermarket News

Lidl CEO reportedly concerned with U.S. performance

A German newspaper reported last week that the former CEO of Lidl Spain, Michael Arnada, would be appointed to a Lidl divisional board with oversight of the United States. According to the report, Arnada’s appointment is to address Lidl CEO Klaus Gehrig’s concern that the performance of Lid’s 37 operating stores has been weaker than […]
David Goodman | Oct 01, 2017 |
Supermarket News

ShopRite tops in New Jersey with 139 stores

A story on NJ.com last month listed the 10 biggest supermarket chains (by number of stores) in New Jersey. Here’s the list. ShopRite – 139 storesAcme – 77Stop & Shop – 61Target – 44Aldi – 42Walmart – 29BJ’s Wholesale Club – 23Kings Food Market – 23Save-A-Lot – 22Key Food – 22 Stores in New Jersey […]
David Goodman | Oct 01, 2017 |
Supermarket News

Whole Foods announces credit and debit card hack

Whole Foods announced on Friday that credit and debit card information of customers who bought meals or drinks at its in-store restaurants or bars was exposed to hackers. The company said that the data breach did not affect its main checkout registers or any Amazon.com shoppers. Whole Foods said it was investigating the breach.

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