RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jul 07, 2021 |

Sales from non-traditional, alternative grocers risen to astounding levels

A recent article in Supermarket News by Scott Moses has some astounding facts and figures about the rise of non-traditional, alternative grocers in the U.S. I encourage you to check it out here. In the meantime, here is a bullet point list of some of the very interesting and telling points that Scott makes.   […]

David Goodman | Jun 20, 2021 |

Kroger testing grocery delivery by drone

Kroger announced last month that it launched a pilot program to deliver online grocery orders by autonomous drones. Through a partnership with Drone Express, Kroger says it can deliver products not just to a street address, but also on the spot, such as bringing picnic supplies to a park or sunscreen to the beach. Test […]

David Goodman | Jun 20, 2021 |

Giant Flashfood app provides discounts for fresh food nearing its expiration date

Giant announced earlier this month that it plans to roll out the Flashfood app, which allows shoppers to purchase produce, meat, deli and bakery products nearing their “best before date” at significantly reduced prices, to all Giant and Martin’s stores following a successful pilot program. The rollout will begin in the Pennsylvania counties of Bucks, […]

David Goodman | Jun 20, 2021 |

Grocery Outlet to open first NJ store

Grocery Outlet, the discount retailer with more than 300 stores in California, Oregon, Washington, Idaho, Nevada and Pennsylvania, plans to add its first New Jersey store this fall in Hamilton. The Mercer County store will take 20,644 square feet of a vacant Kmart space in Hamilton Plaza Shopping Center. The West Coast brand expanded into […]

David Goodman | Jun 06, 2021 |

Fresh Market voted nation's best supermarket in USA Today reader survey

The Fresh Market was named “best supermarket” by USA Today readers in a recent survey. The top 10 supermarkets were named after a panel of experts and contributors nominated US supermarkets based on value, selection and service, and then readers cast their votes over a 28-day period via the “10Best” website. The top 10 as […]

David Goodman | Jun 06, 2021 |

Instacart adds 30-minute grocery delivery in select locations

Instacart recently announced a new “Priority Delivery” option available across more than 300 stores in 15 of the largest US cities that provides delivery in as fast as 30 minutes. The service is available from participating stores including Sprouts Farmers Market, Safeway and Ralph’s in cities including Chicago, Los Angeles, Miami, San Diego, San Francisco […]

David Goodman | Jun 06, 2021 |

Weis upgrades stores in the Lehigh Valley, plans for $135M in CapEx

Weis Markets recently replaced two stores in Pennsylvania’s Lehigh Valley with new, larger supermarkets. A 63,000 square foot store opened on May 13 at the Westgate Mall in Bethlehem where The Bon-Ton department store used to be, and a 68,000 square foot store opened on May 20 in Lower Macungie across the street from a […]

David Goodman | May 08, 2021 |

Giant's Heirloom Market to open in former Strawbridge's building

It was reported yesterday that Giant plans to open an Heirloom Market on the ground floor of the historic Strawbridge’s building on Market Street in Philadelphia. The 32,000 square foot store is slated to open before the end of the year. The section of the ground floor that the market will occupy is being purchased […]

David Goodman | Apr 27, 2021 |

Whole Foods to phase in Amazon's palm-scanning payment service

Amazon announced last week that it plans to bring its palm-scanning Amazon One contactless payment system to Whole Foods Market, starting with eight stores in Seattle. With the technology, customers simply have their palms scanned to present their loyalty cards and provide payment. In addition to its use in stores, Amazon said the technology can […]

David Goodman | Apr 22, 2021 |

Kimco-Weingarten deal underscores the value of grocery-anchored centers

Kimco Realty and Weingarten Realty Investors announced last week that Kimco plans to purchase Weingarten for $3.87 billion. The result of the transaction will be a combined national portfolio that includes 559 open-air grocery-anchored shopping centers and mixed-use developments that encompass about 100 million square feet of gross leasable area (GLA). Both companies expect the […]

David Goodman

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

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