RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 21, 2021 |
Supermarket News

Instacart acquires maker of smart shopping cart

Instacart announced earlier this week that it has acquired smart shopping cart company Caper, Inc. for $350 million in cash and stock. The artificial intelligence-powered carts enable shoppers to scan items they select from grocery shelves and pay for them directly via the cart. Instacart said that the Caper Cart will become part of its […]
David Goodman | Oct 08, 2021 |
Supermarket News

Delivery robots carting ShopRite groceries from two PA stores

Pennsylvania ShopRite customers in Yardley and Bethlehem can now receive same-day delivery via battery-powered delivery robots. The robots “rolled” out as part of a pilot program between Wakefern, the retailer-owned cooperative, and technology company Tortoise, which provides last-mile delivery options. ShopRite is the first supermarket on the east coast to utilize the Tortoise delivery technology. […]
David Goodman | Sep 27, 2021 |
Supermarket News

Digital grocery sales are soaring, but profits are not

A study released a week ago states that the biggest challenge facing grocery retailers today is the low profitability of their online business. In fact, according to the study, released by Wynshop in partnership with Incisiv and titled “State of Digital Grocery: Growth at the Cost of Profitability,” 86% of grocers are dissatisfied with their […]
David Goodman | Sep 12, 2021 |
Supermarket News

Wegmans named as top company that cares

People ranked Wegmans Food Market as the top company for going above and beyond to create positive workplaces for their staff and the community at large. People partnered with workplace culture consultant Great Place to Work to analyze survey responses from more than five million employees, and selected Wegmans as the winner based on its […]
David Goodman | Sep 12, 2021 |
Supermarket News

Two new Whole Foods stores to get Amazon's Just Walk Out technology

Whole Foods announced last week that Amazon’s checkout-free Just Walk Out technology will be available in two Whole Foods stores slated to open next year in Washington D.C.’s Glover Park neighborhood and Sherman Oaks, CA. The stores will be 21,500 square feet and 9,100 square feet, respectively. Just Walk Out made its public debut in […]
David Goodman | Sep 12, 2021 |
Supermarket News

Vote to approve Atlantic City ShopRite slated for Sept 21

Plans for a ShopRite in Atlantic City’s central business district received a positive response last week at a meeting of the land use regulation and enforcement division of the Casino Reinvestment Development Authority (CRDA). The plans, which have been in the works for over a year, call for a 44,000 square foot store near the […]
David Goodman | Sep 02, 2021 |
Supermarket News

Major renovations (and Starbucks!) coming to Bensalem Giant

Giant supermarket’s renovation plans continue to forge ahead, with the latest announcement stating that the Bensalem store on Street Road in Bucks County will get a Starbucks in addition to other updates. According to the store manager, new modernized decor will be added, along with a consultation room for the pharmacy. “The store’s fresh offerings […]
David Goodman | Aug 22, 2021 |
Supermarket News

Some supermarkets drifting away from 24 hour operations

In recent months we’ve all experienced stores and restaurants with limited hours, and supermarkets may be next. According to reports, some grocery retailers are moving away from 24-hour operations. Strategic Resources Group’s Burt Flickinger III cites a shortage of people willing to work retail because of Covid-19 and public health concerns, coupled with extended unemployment […]
David Goodman | Aug 13, 2021 |
Supermarket News

Amazon Fresh opens in Warrington (First in PA)

Amazon Fresh opened in Warrington, PA earlier this month, as planned. It’s Amazon’s first supermarket in PA. At 35,000 square feet the store takes up most of the former Giant at Creekview Center. It’s the 16th Amazon Fresh supermarket in the country. Up next for the company are locations in Bensalem, Broomall, Havertown and Philadelphia.
David Goodman | Jul 29, 2021 |
Supermarket News

Wegmans to open Manhattan store

Wegmans announced today that they plan to open a store in Manhattan in 2023. The East Village location – in a former Kmart – will be the company’s second store in New York City. They opened in 2019 at Brooklyn’s Navy Yard, where 25,000 shoppers visited on opening day. Wegmans reportedly signed a 30-year lease […]

David Goodman

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

Call David

1.484.417.2219

Envelope Linkedin-in Instagram