RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

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 | Jan 16, 2025 |

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 |

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 |

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 […]

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

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