RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 14, 2024 |
Supermarket News

Online grocery sales hit record high in October

Online grocery sales reached $10.5 billion in October, a record high that represents a 28% year over year increase, according to the Brick Meets Click / Mercatus Grocery Shopper Survey released earlier this week and reported on by Supermarket News. According to the survey, all three receiving methods – delivery, pickup, and ship-to-home – posted […]
David Goodman | Nov 11, 2024 |
Supermarket News

Giant to close Heirloom Market in Center City Philly

Giant announced that it plans to close its Heirloom Market store in Center City Philadelphia, located inside the historic Strawbridge’s department store building. The 32,000 square foot store opened to much fanfare three years ago. According to Giant Co. President John Ruane, “… this store has not performed to our expectations and when coupled with […]
David Goodman | Nov 11, 2024 |
Supermarket News

Visits to specialty, fresh format and value grocers increasing at a higher rate than traditional supermarkets

According to a recent white paper from Placer.ai titled “Specialty and Value Chains Transform Grocery in 2024,” weekly visits to grocery stores are up, with those shoppers headed to specialty, fresh format, and value grocery chains. The report states that shoppers are willing to travel to access stores like Sprouts Farmers Market, Trader Joe’s, and […]
David Goodman | Nov 01, 2024 |
Supermarket News

Sprouts continues to expand and attract younger customers

Sprouts Farmers Market, the natural and organic grocer that’s expanding in Greater Philadelphia as well as markets across the country, reported that its biggest growth has been in the 18- to 34-year old age group. According to Sprouts CEO Jack Sinclair, social media and support from celebrities has driven online impressions from “millions to billions.” […]
David Goodman | Oct 24, 2024 |
Supermarket News

Shoppers can now buy from Amazon.com, Amazon Fresh and Whole Foods in one order

Amazon announced earlier this month that it has modified fulfillment centers at 26 Amazon Fresh stores to include select products from Whole Foods Market and Amazon.com. In addition, the company is launching a related pilot project at the Whole Foods in Plymouth Meeting, PA where it is building its first-ever automated micro-fulfillment center. Shoppers near […]
David Goodman | Oct 16, 2024 |
Supermarket News

Weis Markets gets e-commerce boost from Amazon

Weis Markets said last week that its decision to have Amazon fulfill delivery orders for them has helped the chain improve its in-store operations, gain more insight into its e-commerce business, and reach shoppers in areas beyond the reach of its store footprint. “When Amazon approached us about becoming a grocery partner, they gave us […]
David Goodman | Oct 15, 2024 |
Supermarket News

Lidl to relaunch its brand in the US

Lidl announced that it plans to relaunch its brand in the U.S. this week in an effort to improve its name recognition. The marketing campaign’s tagline is “The Super-est Market” and represents the grocer’s largest investment in building its brand since it arrived in the country. “We want to be more of an emotional, connected […]
David Goodman | Oct 10, 2024 |
Supermarket News

Kimberton Whole Foods to open store in Exton, PA

The Hankin Group announced last week that Kimberton Whole Foods will open a new store at Eagleview Town Center in Exton, PA in the spring of 2026. At 14,000 square feet, the location will be the chain’s largest in Chester County. Kimberton Whole Foods currently has seven stores, all of which are in Pennsylvania. The […]
David Goodman | Oct 08, 2024 |
Supermarket News

Three Amazon Go stores close in NYC

Amazon closed three of its five Amazon Go convenience stores in New York City late last month. A company spokesperson said the stores were performing well but they couldn’t make the economics work with the lease cost (author comment: which means the stores weren’t performing as well as they anticipated…). The spokesperson also stated that […]
David Goodman | Oct 07, 2024 |
Supermarket News

Kroger and Albertsons say traditional grocers will suffer if merger is blocked

Kroger and Albertsons concluded a lawsuit last month brought on by the Federal Trade Commission (FTC) and nine attorneys general who are attempting to block the grocery retailers proposed $24.6 billion merger. Both sides submitted post-hearing briefs and await a decision by the judge. Kroger’s and Albertson’s briefing said that blocking the merger would “maintain […]

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