RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 10, 2022 |

Aldi remains America's fastest-growing grocer

JLL’s Grocery Tracker 2022 report stated that total grocery sales reached $803 billion in 2021, and a report by Datex indicated that Aldi was the most active grocer over the course of the year, just as it was during the two previous years. And the discount grocery retailer is showing no signs of slowing down, […]

David Goodman | Mar 27, 2022 |

Fresh Street makes debut in Chicago with pickup-only grocery store

Fresh Street, a pickup-only grocery store, opened last week in Chicago. It’s an e-grocery platform available via a mobile app on iOS or Android that offers 4,000 SKUs of food and nonfood items for free curbside pickup within 30 minutes of the order being placed. To use the service, customers open an account online or […]

David Goodman | Mar 27, 2022 |

Thousands of bees stolen from Giant HQ in Carlisle

According to a report last month, about 60,000 bees were stolen from The Giant Company headquarters in Carlisle, PA. The hives were reportedly taken from an apiary. “Bees are an essential part of our food supply chain and having these beehives were one way we were helping to address the declining bee population here in […]

David Goodman | Mar 27, 2022 |

Sprouts proposing its second store in South Jersey

Three years after Sprouts Farmers Market opened its first New Jersey store in Marlton, the Courier Post reported that a second store in the state is planned for Haddon Township, Camden County. According to the report, a filing with the township’s planning department indicates that Sprouts proposes to occupy a 23,000 square foot space in […]

David Goodman | Mar 14, 2022 |

Weis Markets 2021 sales are highest in company history

Weis Markets reported that it had record sales in fiscal 2021, surpassing its previous record set a year ago amid COVID-driven consumer demand. Fiscal 2021 net sales totaled $4.22 billion, the highest in the company’s history, representing a 2.7% increase over the prior year. Furthermore, Chairman and CEO Jonathan Weis said 2021 fourth quarter results […]

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

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

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