RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 18, 2022 |
Supermarket News

Grocery store sales help lift October retail sales

According to the U.S. Census Bureau, advance estimates indicate that nationwide retail sales picked up slightly in October, with grocery stores among the leading drivers. The Bureau’s report said October retail and foodservice sales totaled $694.52 billion, up slightly from September but up 8.3% from October 2021. Grocery store sales for October were estimated to […]
David Goodman | Nov 18, 2022 |
Supermarket News

BJ's sales gains to spur continued expansion

BJ’s Wholesale reported double-digit sales gains for its third quarter, with total revenues – including membership fees – up 12.2% as compared to the third quarter last year. The company also noted that inflation abated on some commodities, including chicken, milk and cheese, and that they experienced heavy spending from lower-income customers. BJ’s also said […]
David Goodman | Nov 16, 2022 |
Supermarket News

Redner's Fresh Market opening tomorrow in Lewes, DE

Delaware’s first Redner’s Fresh Market is slated to open tomorrow (11/17) in Lewes, not far from Rehoboth Beach. The 49,000 square foot store will have the usual supermarket departments – bakery, deli, meat and seafood, produce, and prepared meals. In addition, Redner’s will have a fuel kiosk in the shopping center parking lot. The location […]
David Goodman | Nov 13, 2022 |
Supermarket News

Lidl-anchored center to replace industrial plant in South Philly

Recent reports state that the century-old industrial plant that sits across the street from John’s Roast Pork at the corner of East Snyder Ave. and Weccacoe Ave. in South Philly will be replaced with a shopping center anchored by Lidl and including Advance Auto Parts, Chase Bank, Raising Cane’s and Shake Shack. The area is […]
David Goodman | Nov 11, 2022 |
Supermarket News

Survey says that Walmart tops Amazon as grocery destination

A report called “2022 Amazon vs. Walmart” by Jungle Scout, a company that provides an e-commerce platform for selling on Amazon, concludes that consumers prefer Walmart over Amazon when shopping for groceries, even though Amazon holds the overall lead in retail e-commerce. Jungle Scout surveyed more than 1,000 U.S. adults, 57% of whom said they […]
David Goodman | Nov 11, 2022 |
Supermarket News

Weis Markets posts strong third quarter sales

Weis Markets announced third quarter earnings this week, highlighted by robust sales gains. For the quarter ended September 24, net sales reached $1.15 billion, up 8.2% from the same period a year earlier. The company noted that the net sales gain reflects, in part, retail price inflation in grocery, fuel and fresh product categories. Excluding […]
David Goodman | Oct 31, 2022 |
Supermarket News

C-Store execs want more fresh food, better checkout options

A recent report found that convenience store executives are adopting new strategies – like ramping up fresh food offerings and embracing flexible, speedy checkout processes – to stay relevant and keep up with grocery and general merchandise retailers. The study, conducted in September, surveyed 128 convenience retail executives in the U.S. It was conducted by […]
David Goodman | Oct 30, 2022 |
Supermarket News

Groundbreaking anniversary nears for Atlantic City ShopRite with no visible progress

It’s been 11 months since state and local officials – including Governor Phil Murphy – broke ground on the new ShopRite on Baltic Avenue in Atlantic City, but not much has happened since, at least not visibly. At the time, Governor Murphy said he was told by ShopRite Operator Bill Sumas the store would be […]
David Goodman | Oct 30, 2022 |
Supermarket News

Aldi piloting full e-commerce website

Aldi announced last week that it is working with e-commerce specialist Spryker Systems to significantly enhance its website with the goal of transforming it from information-only to a fully transactional e-commerce site. The company said a new digital platform is currently being tested with a group of U.S. customers and is slated to roll out […]
David Goodman | Oct 19, 2022 |
Supermarket News

Kroger-Albertsons merger would create a company that could rival Walmart and Amazon

The Kroger-Albertsons merger announcement was a surprise to many and faces high regulatory hurdles. Some say “it’ll never happen” while others aren’t so pessimistic as long as the two companies make the appropriate – and difficult – decisions in terms of divestitures and closures. In an article posted yesterday, Russell Redman of Supermarket News detailed […]

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