RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 24, 2017 |
Supermarket News

The FTC approves Amazon - Whole Foods deal

The Federal Trade Commission (FTC) announced yesterday that it has approved Amazon’s proposed acquisition of Whole Foods. The announcement comes one day after Whole Foods shareholders voted to approve the $13.7 billion deal. Amazon plans to close the deal later this year. The FTC investigated the proposed merger to determine whether it would substantially lesson […]
David Goodman | Aug 21, 2017 |
Supermarket News

Walmart e-commerce grows by 60% in Q2

Walmart announced last week that e-commerce sales in the U.S. grew by 60% in its fiscal second quarter, as compared to the same quarter a year ago. “We continue to be really happy with the online grocery program,” said Investor Relations VP Steve Schmitt. “It really is a differentiated offering that we know our customers […]
David Goodman | Aug 21, 2017 |
Supermarket News

Food website Eater reveals suppliers of some Trader Joe's products

An article earlier this month in a food news website called Eater revealed the companies that produce several of Trader Joe’s beloved products.  Most of the time people don’t care which companies are behind the private label brands we buy in the grocery store, but since Trader Joe’s won’t fess us, and since suppliers are sworn […]
David Goodman | Aug 17, 2017 |
Supermarket News

Seven grocers in top 30 U.S. private companies

Forbes published its 33rd annual ranking of America’s largest private companies, and seven grocers landed in the top 30. (Cargill topped the overall list, with $109.7 billion in sales, followed by Koch Industries). Albertsons, with several banners including Albertsons, Safeway and Acme, is third on the overall list and the top grocer, with $59.7 billion […]
David Goodman | Aug 17, 2017 |
Supermarket News

Target focusing on grocery and new delivery service

Target announced earlier this week that it hired executives from Walmart and General Mills in an effort to boost its grocery business.  The company also announced that it would buy delivery logistics company Grand Junction so it could offer same-day delivery service to in-store shoppers. Target and rival Walmart are continually making efforts to compete […]
David Goodman | Aug 16, 2017 |
Supermarket News

Aldi to add Instacart online shopping in select markets

Aldi announced Monday that it would begin offering online ordering and delivery later this month via Instacart in Atlanta, Dallas and Los Angeles, with “potential for future expansion.” Instacart currently serves nearly 40 markets in 25 states, and provides online ordering and delivery for companies like Whole Foods, Wegmans, Giant, and others.
David Goodman | Aug 16, 2017 |
Supermarket News

Report predicts that traditional supermarkets will decline rapidly

A report released by Inmar predicts that nearly one in four traditional grocery stores won’t be around in five years. Inmar is an analytics and technology-enabled service provider in the retail space. The report concludes that dollar share for traditional supermarkets will continue to decline through 2021, while fresh, limited assortment and warehouse stores will […]
David Goodman | Aug 14, 2017 |
Supermarket News

Survey shows that 9% of households shop for groceries online

According to Gallup’s annual Consumption Habits survey, just 9% of adults in the U.S. report that their household shops online for groceries at least once a month. On the other hand, almost all Americans report that someone in their family shops in person for groceries at least once a month, with 83% percent going at […]
David Goodman | Aug 09, 2017 |
Supermarket News

Walmart reacting to Lidl with aggressive pricing

Reports state that Walmart is reacting “quickly and aggressively” to Lidl’s entry into the U.S. market. According to its website, Lidl now has 21 stores open in three states – North Carolina, South Carolina and Virginia – with plans in the next year for as many as 100 more in states from New Jersey to […]
David Goodman | Aug 09, 2017 |
Supermarket News

Sprouts expands relationship with Amazon

Despite speculation that Amazon’s partnership with Sprouts Farmers Market may end due to the online giant’s pending acquisition of Whole Foods, last week Sprouts confirmed plans to expand its relationship with Amazon Prime Now. “Our partnership with Amazon Prime Now continues to grow,” said Sprouts CEO Amin Maredia. “We will be delivering Sprouts products through […]

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