RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Feb 07, 2023 |
Supermarket News

Amazon putting the brakes on Amazon Fresh supermarkets

Amazon said it was pausing the rollout of its Amazon Fresh supermarkets, and after assessing its portfolio of Amazon Fresh and Amazon Go stores, the company plans to “exit certain stores with low growth potential.” It’s not clear yet how many operating stores will close and how many planned stores will be abandoned. There are currently […]
David Goodman | Jan 26, 2023 |
Supermarket News

Wakefern testing frictionless checkout technology

Wakefern, the grocery cooperative that includes ShopRite, Price Rite and Fairway Market, announced last week that it opened an autonomous convenience store with frictionless checkout technology at its corporate headquarters in Edison, NJ. The store, called The Pantry, is a pilot to test the artificial intelligence-based technology from Trigo, an Israeli company that provides grocery […]
David Goodman | Jan 16, 2023 |
Supermarket News

Walmart and Aldi are most trusted grocery brands; ShopRite ranks high in the Northeast

According to the fifth annual grocery edition of its Most Trusted Awards, BrandSpark, in partnership with Newsweek and Winsight Grocery Business, found that Walmart is the most trusted conventional grocer in the United States and Aldi is the most trusted discount and small format grocer in the country. BrandSpark surveyed over 10,000 Americans in an […]
David Goodman | Jan 12, 2023 |
Supermarket News

Plans for ShopRite in Atlantic City are dead

According to published reports, ShopRite will not be coming to Atlantic City, NJ. After more than a year of talks with ShopRite Operator Village Super Market, the Casino Reinvestment Development Authority (CRDA) suspended negotiations. There had been little progress at the construction site since a groundbreaking ceremony in late 2021. Mayor Marty Small, Sr. told […]
David Goodman | Jan 12, 2023 |
Supermarket News

Dollar stores gaining on traditional supermarkets

Dollar stores are well positioned to increase their share of the total U.S. grocery sales market, according to a report released earlier this month by Coresight Research. The report states that in the last three months, more than one in five consumers consistently reported visiting dollar stores to buy groceries. In addition, Dollar General and […]
David Goodman | Jan 08, 2023 |
Supermarket News

Grocery stocks outperformed the overall market in 2022

Although stock prices of publicly-traded food retailers had mixed results last year, most fared better than the overall market. Grocery stocks were stronger in the first half of the year compared to the second, as inflation and economic worries pushed stocks downward. In 2022 the Dow Jones Industrial Average fell 8.9%, the S&P 500 lost […]
David Goodman | Dec 26, 2022 |
Supermarket News

Discount grocers outpacing traditional supermarkets

Sales growth at discount grocers like Aldi, Lidl and Grocery Outlet outpaced overall grocery sales growth in 2022, according to a report from Coresight Research. The report concluded that “discount channel growth will continue to outpace total grocery growth in 2023 and beyond.” Much of the sales growth by discounters has been fueled by their […]
David Goodman | Dec 18, 2022 |
Supermarket News

Instacart measures how social media trends turn into sales

Instacart released survey data last week showing that 83% of Americans view food and recipe content on social media platforms such as TikTok, Instagram and YouTube, including 61% who view such content at least once per week. However, the data also revealed that “TikTok virality does not necessarily translate into widespread adoption.” Butter Boards were […]
David Goodman | Dec 18, 2022 |
Supermarket News

Wawa planning to expand west and south

Following a report in April by the Philadelphia Business Journal that Wawa is plotting the “most aggressive growth” in its history, the company announced earlier this month that it is scouting locations for gas and convenience stores in Ohio, Kentucky, and Indiana. Wawa also has plans to expand into Tennessee, Alabama, North Carolina, and Georgia […]
David Goodman | Dec 02, 2022 |
Supermarket News

Giant and ShopRite dominate market share in Greater Philly

Food World recently concluded that sales from Giant and ShopRite totaled more than 56% of the overall grocery market in the eight-county Philadelphia area during the 12-month period that ended March 31, 2022. According to the report, Giant had a 30% share of the market compared to a 26.6% share for ShopRite. The eight counties […]

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