RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 02, 2021 |

Lidl and Grocery Outlet open new stores in suburban Philly

Lidl opened its doors in Main Street at Exton in West Whiteland, PA last week. The 20,000 square foot store is in a portion of the space formerly occupied by Babies R Us. It’s Lidl’s 11th Pennsylvania store. Last week also saw the opening of Grocery Outlet Bargain Market in Swede Square Shopping Center, East […]

David Goodman | Feb 22, 2021 |

Giant's two-level store to open in Philly's Riverwalk development

Giant announced that its 65,000 square foot, two-level “flagship” store in Philadelphia will open on March 19. The store will serve as the centerpiece of the Logan Square neighborhood’s Riverwalk mixed-use development, and operate below 25 floors of apartments whose occupants will have a private elevator into the second floor sales area. The Giant lobby […]

David Goodman | Feb 14, 2021 |

Price Chopper to merge with Tops Markets

Price Chopper and Tops Markets announced last week that they plan to merge and create a chain with nearly 300 supermarkets in six states. The new parent company will have more than 30,000 employees and be based in Schenectady, NY, with Price Chopper President and CEO Scott Grimmett serving as CEO. Tops is currently based […]

David Goodman | Feb 14, 2021 |

ShopRite closing 62 in-store pharmacies

Wakefern announced last month that it plans to close pharmacies in 62 ShopRite stores in New Jersey, Pennsylvania, Delaware, Maryland, New York and Connecticut. The in-store pharmacies have struggled in recent years as prescriptions by mail and the lack of expanded services like in-store clinics and patient counseling have negatively impacted their businesses. The closings […]

David Goodman | Feb 14, 2021 |

Aldi to open 100 new stores, add 500 more curbside pickup sites in 2021

Aldi announced last week that it plans to open about 100 new stores this year and extend curbside pickup to 500 more stores. The discount grocer said the expansion will be “coast to coast” and focus on Arizona, California, Florida and the Northeast. Aldi opened nearly 100 stores last year and now operates more than […]

David Goodman | Feb 10, 2021 |

Wegmans one step from approval in Lower Makefield, PA

The proposed Wegmans in Lower Makefield Township (Bucks County), PA is gaining steam, as the township’s planning commission voted unanimously to recommend land development approval late last month. The mixed-use development will now go before the township’s board of supervisors for a final vote. The proposed project includes a 100,000 square foot Wegmans, 200 luxury […]

David Goodman | Feb 10, 2021 |

Giant to build new, larger store in Doylestown

It was reported late last month that the existing Giant supermarket at Cross Keys Place in Doylestown, PA will move into a new, bigger store where Kmart once stood in the same shopping center. Kmart closed in 2019 and was razed to make way for the 72,500 square foot Giant that is expected to open […]

David Goodman | Feb 04, 2021 |

Costco finally testing curbside grocery pickup

After holding out for quite some time compared to other food retailers, Costco has begun piloting curbside pickup for groceries in New Mexico. According to its website, same-day Costco Curbside Pickup via Instacart is available at three warehouse clubs where customers can select from about 2,000 grocery items, including fresh fruit and some nonfood products. […]

David Goodman | Jan 24, 2021 |

Amazon tops consumer survey ranking grocery retailers; beats Trader Joe's and others

In a recent survey of 10,000 U.S. consumers, Amazon was the preferred retailer for groceries, beating out Trader Joe’s and other regional and national chains. The survey was conducted by consumer data science firm dunnhumby. The top 25%, in order, were as follows: Amazon H-E-B (#1 in 2020) Trader Joe’s (#1 in 2018 and 2019) […]

David Goodman | Jan 13, 2021 |

Lidl has three stores in the works for Bucks County

Lidl is reportedly planning three new Bucks County, PA supermarkets. They are slated for Warminster, Bristol Township and Bensalem. The Warminster location is planned for a parcel where a Pathmark once stood on York Road, near the intersection of Street Road, across from Archbishop Wood High School. Madison New Falls Associates recently reeived approval from […]

David Goodman

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

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