RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jul 03, 2024 |

Amazon Fresh opens in Eatontown, NJ

Amazon Fresh opened a new store in Eatontown, NJ, its 42nd store in the chain. The 35,000 square foot store reflects the company’s latest design and comes only five months after Amazon Fresh closed several locations. The Eatontown store features grocery delivery and pickup options, plus connected devices like the Amazon Dash Cart – the […]

David Goodman | Jul 01, 2024 |

Giant, ShopRite dominate grocery market share in Greater Philly and the Delaware Valley

Giant and ShopRite are once again the two dominant grocers in the Greater Philadelphia Market, as per the annual Market Issue of Food Trade News. Giant has a 15.94% market share (based on sales) and ShopRite has 14.29%. The counties included in the market area include Philadelphia, Bucks, Montgomery, Delaware, Chester, Burlington, Camden, and Gloucester. […]

David Goodman | Jun 28, 2024 |

BJ's to add 25th New Jersey club

BJ’s Wholesale Club announced that it plans to open a new store in Hanover Township, NJ early next year. It will mark the retailer’s 25th club in New Jersey. Earlier this year the company announced eight new openings across the Southeast, Midwest and Northeast, as well as expansion into Kentucky, its 21st state. Currently BJ’s […]

David Goodman | Jun 28, 2024 |

ShopRite adding Instacart's Caper Carts

Wakefern announced this week that Instacart’s Caper Carts will be added to four ShopRite stores in the Philadelphia area. Caper Carts allow shoppers to grab items and place them in their cart like normal, but the carts also recognize and weigh the items, and show how much has been spent on the shopping trip. ShopRite […]

David Goodman | Jun 19, 2024 |

Lidl still sees untapped potential in the U.S.

Grocerydive.com published an article earlier this week about Lidl’s troubled history in the U.S. and the changes being made by the discount grocer to better suit the American consumer. These changes include new leadership and their approach to merchandising. New leadership – last summer Lidl US hired its first American CEO, and earlier this year […]

David Goodman | Jun 11, 2024 |

Aldi and Lidl have differences - read about them here!

The website EatThis.com, AKA Eat This, Not That!, published an article last week citing the major differences between German-based discount retailers Aldi and Lidl. Here’s a summary. Footprint: Although the two retailers have similar business models, Aldi has been in the U.S. far longer than Lidl. Aldi’s first American store opened in 1976 and now […]

David Goodman | Jun 06, 2024 |

Dollar Tree announced that it has initiated a “formal review of strategic alternatives” for the Family Dollar brand that could include a sale, spinoff, or other disposition of the business. The company has retained J.P. Morgan Securities as its financial advisor. “Dollar Tree has been on a multi-year journey to help the company fully achieve […]

David Goodman | May 30, 2024 |

Stop & Shop to close some stores

Ahold Delaize announced last week that it will close an unspecified number of Stop & Shop stores. Company CEO JJ Fleeman said an evaluation of Stop & Shop’s overall portfolio had been completed and underperforming stores will be shut down. There are nearly 400 Stop & Shop locations operating today in the U.S. Ahold Delaize […]

David Goodman | May 27, 2024 |

Walmart opening larger Neighborhood Market stores

Walmart recently unveiled a bigger Neighborhood Market format and has committed to opening or converting more than 150 stores in the next five years. Two stores have already opened under the new initiative – a Florida Neighborhood Market expanded by about 17,000 square feet, and a 57,000 square foot new store was constructed in Atlanta. […]

David Goodman | May 27, 2024 |

Whole Foods to open 30 stores per year

Whole Foods CEO Jason Buechel said earlier this month that the company is moving forward with its plan to open 30 stores a year, some of which will be smaller format stores that range in size from 7,000 to 14,000 square feet. In March the Amazon-owned chain, with 530 stores in the United States, England, […]

David Goodman

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

Call David