RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 02, 2022 |
Supermarket News

Discount grocery stores reaping the benefits of inflation, pandemic

According to an article in Grocery Dive a couple weeks ago, grocery shoppers are venturing toward discount stores as they feel battered from rising prices and expensive gasoline. For instance, an Aldi executive reported that the chain saw 2.5 million new customers in recent weeks, most of whom were middle- and high-income consumers. However, traditional […]
David Goodman | Jul 21, 2022 |
Supermarket News

Supermarket News releases Top 50 list - Walmart and Amazon top food and grocery retail sales

The Supermarket News (SN) annual list of the Top 50 food and grocery retailers was released earlier this month. The data, compiled by SN and its research partner IGD, includes sales figures based on public company records, company-provided information, and IGD / SN estimates. The Top 50 list (by sales) includes seven companies with more […]
David Goodman | Jul 21, 2022 |
Supermarket News

Amazon to receive warrants for equity stake in Grubhub

Amazon announced earlier this month that it entered into an agreement that could give it more than a 15% equity stake in Grubhub, and that Prime members in the U.S. can sign up for a free, one-year Grubhub+ trial subscription that will provide unlimited free restaurant deliveries. According to reports about the deal, Grubhub parent […]
David Goodman | Jul 05, 2022 |
Supermarket News

BJ's Warehouse Club opening new locations, ramping up expansion

BJ’s Wholesale Club announced last month that it plans to open new warehouse clubs in Noblesville, IN; New Albany, OH; Wayne, NJ, and Midlothian, VA. Once the stores are open BJ’s will have 233 warehouse locations overall. The Noblesville club – not far from Indianapolis – will be the company’s first Indiana location and its […]
David Goodman | Jun 28, 2022 |
Supermarket News

Northeast PA Chain Gerrity's Supermarkets joins Wakefern Cooperative

Gerrity’s Supermarkets, a 10-unit chain based in Scranton, PA, has joined Wakefern Food Corp., the retail grocery cooperative that includes the ShopRite, Price Rite, and The Fresh Grocer banners, among others. According to reports, plans call for the Northeast PA supermarket to transition over the next few months to Gerrity’s The Fresh Grocer. Gerrity’s is […]
David Goodman | Jun 14, 2022 |
Supermarket News

Amazon facing lawsuits after eliminating free Whole Foods delivery for Prime members

Amazon Prime members, who were getting free two-hour delivery on Whole Foods orders over $35 from 2018 until last fall, are unhappy that the delivery perk was discontinued last fall, when they began charging $9.95 for the service. To that effect, two plaintiffs are alleging in a class-action lawsuit filed last month that Amazon “engaged […]
David Goodman | Jun 14, 2022 |
Supermarket News

Giant adding two new stores next month in Greater Philly

Giant announced two new store openings in the Greater Philadelphia market, both in July. The first, at 49,000 square feet, will be on Second Street Pike in Richboro (Bucks County), and the second will be a 50,700 square foot supermarket on North Broad Street in the city of Philadelphia. The new stores come after the […]
David Goodman | Jun 01, 2022 |
Supermarket News

Several U.S.-based grocers make list of largest global retailers

In the latest version of the GlobalData Top 25 Global Retailers list, which ranks the largest retailers in the world based on revenue, Walmart and Amazon ranked one and two, respectively, for 2021. CVS and Costco were third and fourth. Several other U.S.-based grocery retailers appeared on the list, including the following: Kroger (7) Walgreens […]
David Goodman | May 19, 2022 |
Supermarket News

Amazon Fresh preparing to open two stores in NY Metro market

Amazon is preparing to open its first Amazon Fresh supermarkets in New York and New Jersey. The company announced upcoming hiring events for the stores in Northern New Jersey (Paramus) and Long Island (Oceanside). The locations will be the first in the New York Metropolitan area for Amazon Fresh. No opening dates have been announced. […]
David Goodman | May 15, 2022 |
Supermarket News

Wegmans to add stores in Long Island, Delaware and Connecticut

Wegmans is planning to open a store in Lake Grove, NY, its first in the Long Island market. The 100,000 square foot supermarket will be located in the DSW Plaza near the Smith Haven Mall. A timeline for construction and opening has not been announced. The company also announced plans to open new stores in […]

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