RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 16, 2024 |
Supermarket News

Weis Markets gets e-commerce boost from Amazon

Weis Markets said last week that its decision to have Amazon fulfill delivery orders for them has helped the chain improve its in-store operations, gain more insight into its e-commerce business, and reach shoppers in areas beyond the reach of its store footprint. “When Amazon approached us about becoming a grocery partner, they gave us […]
David Goodman | Oct 15, 2024 |
Supermarket News

Lidl to relaunch its brand in the US

Lidl announced that it plans to relaunch its brand in the U.S. this week in an effort to improve its name recognition. The marketing campaign’s tagline is “The Super-est Market” and represents the grocer’s largest investment in building its brand since it arrived in the country. “We want to be more of an emotional, connected […]
David Goodman | Oct 10, 2024 |
Supermarket News

Kimberton Whole Foods to open store in Exton, PA

The Hankin Group announced last week that Kimberton Whole Foods will open a new store at Eagleview Town Center in Exton, PA in the spring of 2026. At 14,000 square feet, the location will be the chain’s largest in Chester County. Kimberton Whole Foods currently has seven stores, all of which are in Pennsylvania. The […]
David Goodman | Oct 08, 2024 |
Supermarket News

Three Amazon Go stores close in NYC

Amazon closed three of its five Amazon Go convenience stores in New York City late last month. A company spokesperson said the stores were performing well but they couldn’t make the economics work with the lease cost (author comment: which means the stores weren’t performing as well as they anticipated…). The spokesperson also stated that […]
David Goodman | Oct 07, 2024 |
Supermarket News

Kroger and Albertsons say traditional grocers will suffer if merger is blocked

Kroger and Albertsons concluded a lawsuit last month brought on by the Federal Trade Commission (FTC) and nine attorneys general who are attempting to block the grocery retailers proposed $24.6 billion merger. Both sides submitted post-hearing briefs and await a decision by the judge. Kroger’s and Albertson’s briefing said that blocking the merger would “maintain […]
David Goodman | Sep 23, 2024 |
Supermarket News

Weis to buy Sunnyway Foods supermarkets

Weis announced last week that it plans to purchase Sunnyway Foods supermarket, a two-store chain in Central Pennsylvania. Weis expects the deal to close before the end of the year. Sunnyway President and CEO Dean Martin called the deal bittersweet, but added that he is “comfortable knowing that we leave our customers in the capable […]
David Goodman | Sep 20, 2024 |
Supermarket News

Whole Foods opens first Daily Shop in Manhattan

The first Whole Foods Market Daily Shop opened this week in Manhattan’s Upper East Side. At 9,101 square feet, the store is significantly smaller than a traditional Whole Foods supermarket, and its focus is on convenience. Located at 1175 Third Avenue, it offers grab-and-go meals and snacks, and weekly essentials and meal ingredients aimed at […]
David Goodman | Sep 16, 2024 |
Supermarket News

Giant coming to Andorra SC in Philly

Giant is slated to backfill the supermarket space formerly occupied by Acme as well as a couple vacant adjacent spaces at Andorra Shopping Center in Northwest Philadelphia. Construction is scheduled to start in 2025 with no opening date announced yet. According to zoning documents filed with the city, the store will occupy about 44,500 square […]
David Goodman | Sep 16, 2024 |
Supermarket News

Aldi's foot traffic sees big growth in 2024

Aldi saw double-digit foot traffic growth in the first five months of 2024, according to Placer.ai data shared exclusively with Supermarket News. The data also showed that the discount grocer was the only major supermarket chain that eclipsed 20% year-over-year growth in shoppers. In addition, in February Aldi hit 30% growth over the same period […]
David Goodman | Sep 06, 2024 |
Supermarket News

Sprouts relying on health enthusiasts to spur store growth

In yesterday’s edition of Supermarket News, Senior Editor Bill Wilson wrote about Sprouts Farmers Market and the company’s decision to concentrate solely on health enthusiasts, a decision which cost them lots of customers. “We decided to focus on the… health enthusiasts, and when you become more focused on that, it changes what you do in […]

David Goodman

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

Call David

1.484.417.2219

Envelope Linkedin-in Instagram