RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jan 16, 2025 |
Supermarket News

Albertsons to cut costs, close some stores

Earlier this month Albertsons said it plans to undergo a streamlining process that will include closing some stores. Last month a federal judge blocked the company’s proposed $24.6 billion merger with Kroger over antitrust concerns. Following the judge’s decision, Albertsons sued Kroger for breach of contract. Kroger denied the allegation and the suit remains in […]
David Goodman | Jan 16, 2025 |
Supermarket News

Wegmans to open first Pittsburgh area store

Wegmans announced that it plans to open a store in Cranberry Township, a suburb about 20 miles north of Pittsburgh. It will be the first Wegmans in the region, and no timeline has been set for the store’s construction or opening. At about 115,000 square feet, the supermarket will have all the typical Wegmans departments, […]
David Goodman | Jan 10, 2025 |
Supermarket News

Trader Joe's opening another suburban Philly store

Trader Joe’s is planning to open its second Chester County, PA store and 13th overall in Greater Philadelphia. The new store will be located at 550 Lancaster Avenue in Berwyn in a space previously occupied by CVS. The existing Chester County Trader Joe’s is only a couple miles away at Gateway Shopping Center. With the […]
David Goodman | Dec 19, 2024 |
Supermarket News

Weis to purchase Saylor's Market

Weis Markets announced earlier this week that it plans to acquire Saylor’s Market in Newville, PA (Cumberland County). The deal is expected to close in the first quarter of next year, at which time the store will be converted to a Weis Markets location. Saylor’s opened in 1977 in 6,000 square feet and throughout the […]
David Goodman | Dec 13, 2024 |
Supermarket News

Albertsons terminates merger, sues Kroger for billions

Albertsons has terminated its pending $25 billion merger agreement with Kroger following decisions by courts in Oregon and Washington State to block the deal. In addition, Albertsons is suing Kroger for billions of dollars, claiming Kroger caused the merger to be blocked by refusing to offer an adequate divestiture package and repeatedly ignoring regulators’ concerns. […]
David Goodman | Dec 09, 2024 |
Supermarket News

Aldi opened 120 U.S. stores in 2024 (and sold a lot of socks)

Every year at about this time Spotify comes out with Spotify Wrapped, a recap of users’ individual listening habits. This year, discount grocer Aldi decided to release similar info with Aldi 2024 (Un)Wrapped, which highlights some of the company’s biggest trends of the year. Here’s what they came up with. Two out of every five […]
David Goodman | Nov 25, 2024 |
Supermarket News

Whole Foods workers vote to unionize in Philly

Whole Foods workers in Philadelphia filed a petition last week with the National Labor Relations Board to unionize with United Food and Commercial Workers (UFCW) International Union Local 1776. According to a UFCW 1776 press release, an “overwhelming majority of workers” at the Amazon-owned chain voted in favor of the decision. Whole Foods released a […]
David Goodman | Nov 14, 2024 |
Supermarket News

Amazon Fresh opens in Willow Grove, PA

A new Amazon Fresh supermarket opened last week in Willow Grove, PA. It’s the grocery store’s fifth Pennsylvania location. The 31,000 square foot store includes Amazon’s latest design along with “a variety of high-tech omnichannel features designed to merge online grocery shopping with an elevated store experience.” These features include grocery delivery and pickup options, […]
David Goodman | Nov 14, 2024 |
Supermarket News

Online grocery sales hit record high in October

Online grocery sales reached $10.5 billion in October, a record high that represents a 28% year over year increase, according to the Brick Meets Click / Mercatus Grocery Shopper Survey released earlier this week and reported on by Supermarket News. According to the survey, all three receiving methods – delivery, pickup, and ship-to-home – posted […]
David Goodman | Nov 11, 2024 |
Supermarket News

Giant to close Heirloom Market in Center City Philly

Giant announced that it plans to close its Heirloom Market store in Center City Philadelphia, located inside the historic Strawbridge’s department store building. The 32,000 square foot store opened to much fanfare three years ago. According to Giant Co. President John Ruane, “… this store has not performed to our expectations and when coupled with […]

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