RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Dec 19, 2024 |

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 |

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 |

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 |

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 |

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 |

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 |

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 […]

David Goodman | Nov 11, 2024 |

Visits to specialty, fresh format and value grocers increasing at a higher rate than traditional supermarkets

According to a recent white paper from Placer.ai titled “Specialty and Value Chains Transform Grocery in 2024,” weekly visits to grocery stores are up, with those shoppers headed to specialty, fresh format, and value grocery chains. The report states that shoppers are willing to travel to access stores like Sprouts Farmers Market, Trader Joe’s, and […]

David Goodman | Nov 01, 2024 |

Sprouts continues to expand and attract younger customers

Sprouts Farmers Market, the natural and organic grocer that’s expanding in Greater Philadelphia as well as markets across the country, reported that its biggest growth has been in the 18- to 34-year old age group. According to Sprouts CEO Jack Sinclair, social media and support from celebrities has driven online impressions from “millions to billions.” […]

David Goodman | Oct 24, 2024 |

Shoppers can now buy from Amazon.com, Amazon Fresh and Whole Foods in one order

Amazon announced earlier this month that it has modified fulfillment centers at 26 Amazon Fresh stores to include select products from Whole Foods Market and Amazon.com. In addition, the company is launching a related pilot project at the Whole Foods in Plymouth Meeting, PA where it is building its first-ever automated micro-fulfillment center. Shoppers near […]

David Goodman

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

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