RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 01, 2025 |

Giant plans new store in Chester County, PA

Giant announced last week that it plans to open a 60,000 square foot supermarket at the Shoppes of Sadsbury in Parkersburg, PA. The store will be the company’s 13th in Chester County. Plans call for Giant to anchor the 360,000 square foot shopping center along with Target. Construction is planned to begin later this year […]

David Goodman | Apr 01, 2025 |

Online grocery saw biggest month ever in February

The latest Brick Meets Click Grocery Shopper Survey sponsored by Mercatus indicated that grocery shoppers were more active online in February than ever before. More than 80 million households placed one or more orders digitally – a record high – as the online grocery segment in the U.S. reached $10.3 billion in sales for the […]

David Goodman | Mar 21, 2025 |

Placer data shows that Costco shoppers stay longest

Placer.ai foot traffic data from 2024 – shared exclusively with Supermarket News – revealed that stores with the largest physical footprints saw shoppers stay in their stores the longest. Costco led the way with shoppers remaining approximately 37-40 minutes per visit. Walmart customers averaged 32-35 minutes and H-E-B, a supermarket chain with over 400 stores […]

David Goodman | Mar 08, 2025 |

BJ's Wholesale Club to open 25-30 new stores

BJ’s Wholesale Club announced that it plans to open 25 to 30 clubs in the next two fiscal years. Most of the new stores will be in existing markets, but the warehouse club will also enter the Dallas-Fort Worth market with several locations. In addition, BJ’s said its club planned for Delray Beach, FL will […]

David Goodman | Feb 28, 2025 |

Weis Markets reports strong results, plans to add stores

Weis Markets reported fourth quarter gains in sales and earnings, and said that it plans to open four new stores in Delaware and Maryland this year. The company also reported that it worked through supply chain disruptions for labor and materials. In 2024, the supermarket chain acquired and converted Sunnyvale Foods locations in Chambersburg and […]

David Goodman | Feb 28, 2025 |

Grocery Outlet scaling back store expansion

Grocery Outlet, which has expanded significantly in Greater Philadelphia over the last several years, announced plans to scale back store expansion and refocus on existing and high-priority adjacent markets. The discount grocery chain, which recently introduced a new CEO, says it will spend up to $61 million on its restructuring plan. The company also reported […]

David Goodman | Feb 23, 2025 |

Aldi sells Winn-Dixie and Harveys to Southeastern Grocers CEO and C&S Wholesalers

A group of investors, including C&S Wholesale Grocers and the current president and CEO of Southeastern Grocers, has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners from Aldi. The deal includes 170 grocery stores in Alabama, Louisiana, Mississippi, and Florida. Aldi had purchased Southeastern about a year ago, and the discount grocer still […]

David Goodman | Feb 23, 2025 |

Wegmans adding three stores in 2025

Wegmans announced earlier this month that it plans to open new stores in Norwalk, Connecticut; Lake Grove, New York; and Rockville, Maryland. The Connecticut and Long Island stores mark the grocer’s first endeavor into those markets. At 101,000 square feet, the Lake Grove location is scheduled to open next week. Rockville’s opening is slated for […]

David Goodman | Feb 04, 2025 |

Over 90% of consumers shop for groceries online and in-store

A new report found that more than 90% of shoppers engage in both online and in-store grocery shopping, and that online sales for grocery in the U.S. is expected to reach $388 billion by 2027. The report, called “Digital Engagement Transforms Grocery Shopping,” was released by The Food Industry Association (FMI) and NielsenIQ. FMI predicted […]

David Goodman | Jan 29, 2025 |

Whole Foods workers in Philly vote to unionize

Whole Foods workers in Center City Philadelphia voted earlier this week to join the United Food and Commercial Workers Local 1776, making it the first union in the grocery chain’s history. Amazon, which owns Whole Foods, said in a statement that it was disappointed but is “committed to maintaining a positive working environment in our […]

David Goodman

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

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