RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

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 | Dec 28, 2021 |

Saker ShopRite up to 39 stores with acquisition of Perlmart ShopRite

One ShopRite operator acquired another ShopRite operator earlier this month, according to reports. Saker ShopRites, Inc., owned by the Saker family and operators of 32 supermarkets in New Jersey, acquired Michael Perlmutter’s Perlmart, Inc., which operated seven New Jersey grocery stores. Both families were early Wakefern members, the retailer-owned cooperative now in its 75th year. […]

David Goodman | Dec 28, 2021 |

Supermarkets at Montgomery and Plymouth Meeting Malls offered for sale

The Philadelphia Business Journal reported that the supermarkets at Montgomery and Plymouth Meeting Malls are for sale. Wegmans, at 128,000 square feet, has been operating at the Montgomery Mall since 2013, and the 65,000 square foot Whole Foods opened in Plymouth Meeting in 2010. Kohan Retail Investment Group purchased the Montgomery Mall last month for […]

David Goodman | Dec 23, 2021 |

Online grocery sales climb 6% to $8.6 billion in November

The online grocery market in the U.S. generated $8.6 billion in sales for the month of November, and during the month nearly 69 million households purchased groceries online, according to Brick Meets Click. The sales volume and number of households represent 6% and 15% gains over last November, respectively. The data is based on a […]

David Goodman | Dec 17, 2021 |

McCaffrey's to open in Gladwyne in former Acme space

The Philadelphia Business Journal’s Natalie Kostelni reported that McCaffrey’s supermarket plans to open in Gladwyne, PA, in the 27,500 square foot space vacated by Acme in 2019. McCaffrey’s is expected to open next fall. Alterra Property Group, which originally proposed to construct 34 apartments and 8,000 square feet of retail on the site, abandoned the […]

David Goodman | Dec 17, 2021 |

Saladworks and Frutta Bowls open in Giant supermarkets

Giant recently added Saladworks and Frutta Bowls stores in four more supermarkets. WOWorks, which seems to me to be a silly name, is the franchisor for both restaurant banners (and Garbanzo Fresh, too). More importantly, it has developed a store-within-a-store expansion plan to open the Saladworks and Frutta Bowls brands together in nontraditional locations. Co-branded […]

David Goodman

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

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