RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 21, 2021 |
Supermarket News

CVS steps up in-store food offerings

CVS announced that it has significantly expanded its offerings in the frozen food and prepared foods categories. Select stores now carry an increased assortment of brands from Beyond Meat, Bird’s Eye, Ore-Ida and Amy’s Kitchen. In addition, fresh prepared foods and other refrigerated grab-and-go options are available in select stores. CVS said that more than […]
David Goodman | Apr 18, 2021 |
Supermarket News

Alternative grocery sales surpass supermarket sales

Alternative grocers like Amazon/Whole Foods, Walmart, Target, Aldi, warehouse clubs, dollar stores and pharmacies now comprise a majority of U.S. grocery sales. As a result, supermarkets are no longer the primary grocery store for a majority of Americans, according to a Supermarket News article by Scott Moses, managing director and head of grocery, pharmacy and […]
David Goodman | Apr 17, 2021 |
Supermarket News

Prickett Preserve, Wegmans approved in Lower Makefield

The Lower Makefield (Bucks County) Board of Supervisors voted earlier this month to approve the Prickett Preserve at Edgewood, a mixed-use development that will include Wegmans along with several retail and dining establishments, as well as public space and upscale residences. The development, a joint project by Equus Capital Partners, Envision Land Use and DeLuca […]
David Goodman | Apr 11, 2021 |
Supermarket News

Grocers have spent $24 billion on pandemic-related expenses

Grocers have spent approximately $24 billion on pandemic related expenses since March 2020, including safety, workforce and technology investments, according to a report from FMI that was written about in Chain Store Age. The report is called Receipts from the Pandemic: Grocery Store Investments Amid COVID-19 and the Resulting Economics of an Essential Industry. FMI […]
David Goodman | Apr 03, 2021 |
Supermarket News

Trader Joe's hasn't seen a pandemic sales surge

A cover story in the March/April issue of Produce Blueprints Magazine pointed out that although Trader Joe’s was “proactive and nimble ” in protecting its employees and customers during the pandemic, the company did not experience the same surge in sales as other grocery stores. Phil Lempert, a retail consultant for Supermarketguru.com, cited the number […]
David Goodman | Apr 01, 2021 |
Supermarket News

Albertsons and Google partner to enhance interactive shopping experience

One week after Albertson’s President and CEO Vivek Sankaran said that he could see online grocery reaching 20% of sales, it was announced this week that Albertsons and Google have partnered to bring more efficiency to customers both online and in-store. The multiyear pact includes efforts to integrate Google Search and Maps to help shoppers […]
David Goodman | Mar 31, 2021 |
Supermarket News

New Target, Trader Joe's and Wegmans stores coming soon to Delaware

Residents of Delaware’s New Castle County will have more grocery choices in the near future. Target, Trader Joe’s and Wegmans are all on track for openings this year or next. Target According to a recent statement by Target Spokesperson Jill Lewis, “Our Wilmington Prices Corner Target store is planned to open this spring.” Since then, […]
David Goodman | Mar 21, 2021 |
Supermarket News

See what the hourly wages are at Philly supermarkets

With Lidl’s recent announcement that it plans to raise the minimum wage to $15 per hour in several cities including Philadelphia, billypenn.com published an article last week that outlined what other grocery chains inside Philadelphia’s city limits are currently paying. Lidl – as mentioned, they plan to raise the base pay to $15 per hour. […]
David Goodman | Mar 14, 2021 |
Supermarket News

Amazon "quietly building a national grocery chain"

Bloomberg reported on Thursday that Amazon is “quietly building a national grocery chain,” saying that at least 28 Amazon Fresh supermarkets are in the works. The report claimed that Philadelphia is a target market, which is a poorly kept secret in Greater Philly real estate circles. (Here’s my blog from last October about Amazon grocery […]
David Goodman | Mar 14, 2021 |
Supermarket News

Lidl to increase starting hourly wage to $15 in Philly and PA suburbs

Lidl announced earlier this month that it plans to raise the starting pay for all hourly employees in the Philadelphia area to $15 an hour, effective April 15. Currently the company has two stores open in Philadelphia, plus suburban Philly stores in Folsom, Royersford, Norristown, Lansdale, and Exton. There are several more in other PA […]

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