RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 01, 2017 |
Supermarket News

Mom's Organic Market opens in Center City Philly

Mom’s Organic Market opened in Center City Philadelphia last month. The store – at 34 South 11th Street – marks Mom’s first Philly store, and their third store in the PA/NJ/DE market (Bryn Mawr, PA and Cherry Hill, NJ). The new store features all-organic produce, an all-vegetarian in-store cafe, and even a recycling center for […]
David Goodman | Oct 01, 2017 |
Supermarket News

Fresh Grocer not leaving UPenn site anytime soon

I reported in April about the kerfuffle in the University City section of Philadelphia between Fresh Grocer and UPenn (Fresh Grocer and UPenn in litigation over Acme deal). Well, the fight rages on. Last spring the University of Pennsylvania announced that Acme would replace Fresh Grocer, stating that the incumbent grocery store failed to renew […]
David Goodman | Oct 01, 2017 |
Supermarket News

Survey says millennials shop for groceries differently than the rest of us

According to a recent survey by the International Council of Shopping Centers, 99 percent of adults in the U.S. buy some or all of their groceries in person. Those surveyed cited immediate access to products and the ability to select fresh meat, dairy and produce as the top reasons. The survey also revealed that 93 […]
David Goodman | Sep 20, 2017 |
Supermarket News

Kroger drops lawsuit against Lidl

The trademark suit filed by Kroger against Lidl in July for allegedly copying its “Private Selection” generic brand name and logo has been dismissed. Both sides agreed earlier this month to dismiss the federal case with prejudice, which means the case can not be refiled. Kroger had charged Lidl with violations of federal trademark and […]
David Goodman | Sep 20, 2017 |
Supermarket News

Whole Foods traffic up 25% in first two days of Amazon takeover

In the days before Amazon’s highly-anticipated August 28 takeover of Whole Foods, Amazon promised significant and immediate price cuts, and as previously reported, the company delivered (Amazon slashes prices at Whole Foods…). Two weeks later, Foursquare Labs, Inc. reported that Whole Foods experienced a 25% traffic bump nationally in the first two days after the […]
David Goodman | Sep 20, 2017 |
Supermarket News

Kroger scraps long-term growth targets, plans to invest in pricing and tech

Kroger announced earlier this month that it has scrapped the long-term earnings-per-share growth targets that it established in 2012. Rather, the company plans to invest in pricing and technology amid increased competition from Walmart and Amazon, as well as Aldi and Lidl. “We are re-prioritizing and accelerating investments in our ‘Customer 1st Strategy’ in order […]
David Goodman | Sep 20, 2017 |
Supermarket News

Dollar stores not being hurt by big retailer price wars

Despite analysts’ fears that dollar stores could become collateral damage in the price wars being waged between big retailers like Walmart and Kroger, sales forecasts for Dollar General and Dollar Tree remain strong. Dollar General expects net sales to increase by five to seven percent for the year ending February 2, and Dollar Tree expects […]
David Goodman | Aug 30, 2017 |
Supermarket News

Amazon slashes prices at Whole Foods on first day of merger, more changes to come

Media reports around the country reported yesterday that on the day Whole Foods merged with Amazon, prices were slashed on several items at stores around the country. Orange signs throughout the stores with Whole Foods and Amazon logos promised “more to come…” Price reductions – some as high as 43% – were found on items […]
David Goodman | Aug 29, 2017 |
Supermarket News

Walmart partners with Google, expands Uber delivery service

Walmart and Google announced last week that a new partnership between the companies will allow shoppers to use Google’s apps and devices to shop at Walmart. According to a story in Supermarket News, Walmart customers will soon be able to link their accounts to Google and receive personalized shopping results based on past purchases using […]
David Goodman | Aug 24, 2017 |
Supermarket News

Instacart to service PriceRite stores in PA's Lehigh Valley

PriceRite Supermarkets announced yesterday that it is expanding its partnership with Instacart to include the Lehigh Valley, where the grocer has two stores – one each in Allentown and Bethlehem. Instacart already operates in the Lehigh Valley, where about 206,000 households can shop online at Wegmans, Whole Foods and Costco, and have their purchases delivered […]

David Goodman

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

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