RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 14, 2022 |

Wegmans planning to open first store in Connecticut

Wegmans announced earlier this month that they plan to open a store in Norwalk, Connecticut. It would be the company’s first store in the state, and after planned new stores open in Delaware and Washington D.C., Wegmans will have supermarkets in nine states plus the District of Columbia. At 95,000 square feet, the Norwalk store […]

David Goodman | Mar 13, 2022 |

Albertsons may explore selling its grocery chains, including Acme

Earlier this month analysts reported that Acme’s parent company, Albertsons, may be looking to unload some of its supermarket chains as the company begins a comprehensive review of its business strategy. Albertsons said the review would include considering “potential strategic or financial transactions” and entertaining “inquires.” Goldman Sachs and Credit Suisse are helping Albertsons with […]

David Goodman | Mar 13, 2022 |

Walmart building 1.8 million SF e-commerce fulfillment center in PA

Walmart announced last week that it plans to build a 1.8 million square foot e-commerce fulfillment center in Shippensburg, PA to help process online orders. The facility, which is expected to open this spring, will be used to store millions of items ordered via Walmart.com to be picked, packed and shipped to customers as soon […]

David Goodman | Mar 06, 2022 |

Piggly Wiggly opening a supermarket in New York State

Last week Piggly Wiggly, the popular supermarket chain mostly found in the South and Southeast, marked its entry into the Northeast with the opening of a store in Watertown, NY, which is about an hour north of Syracuse. The store is operated by GU Markets, an affiliate of C&S, which purchased 12 Tops Markets locations […]

David Goodman | Feb 16, 2022 |

2021 online grocery sales approach $100 billion after strong December

Online grocery sales in the U.S. reached $98 billion last year, fueled by $8.9 billion in sales for the month of December from more than 69 million households, according to the latest Brick Meets Click / Mercatus Grocery Shopping Survey. Nearly 80% of December’s online sales were from pickup and delivery, with 20% from ship-to-home […]

David Goodman | Feb 09, 2022 |

Survey reveals that Walmart and Amazon are the most popular online grocers

More than 1,000 U.S. adults were polled in January and the results showed that Walmart is by far the top destination for online grocery shopping, according to CPG/grocery digital commerce platform Chicory. Over 35% of the respondents named Walmart as the retailer they use most often to buy groceries online. Amazon finished a distant second […]

David Goodman | Feb 09, 2022 |

Aldi to add 150 U.S. stores this year

Aldi announced yesterday that it plans to add about 150 new stores in the U.S. this year after opening about 100 stores in 2020 and 2021. And tomorrow the discount grocer plans to open its first location in Louisiana, making it Aldi’s 38th state. Several more store openings in the Gulf Coast are planned for […]

David Goodman | Jan 23, 2022 |

Giant Heirloom Market opens 4th store in Philadelphia

Giant’s fourth Heirloom Market in the city of Philadelphia opened last month in the Fashion District mall. The opening capped a big year in Philadelphia for the food retailer that included four new traditional supermarkets and a Giant Direct e-commerce fulfillment center. At 32,000 square feet and located in the historic building that housed the […]

David Goodman | Jan 20, 2022 |

Industry experts cite several reasons for supermarket product shortages

The news is filled with stories about shortages at supermarkets, and apparently the Northeast is seeing the worst of it, due in part to bad weather. Here are the reasons cited by industry experts for the supply shortages at grocery stores. Omicron: Scores of grocery store workers are catching the virus and calling out sick, […]

David Goodman | Jan 20, 2022 |

Grocery Outlet opens first NJ store

Grocery Outlet opened its first New Jersey store late last month on Route 130 in Delran, and a Hamilton, NJ store is slated to open in the next couple months. The grocery chain, based in California, offers deep discounts on brand-name food products, as well as a selection of health and beauty products and seasonal […]

David Goodman

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

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