RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jan 21, 2020 |
Supermarket News

Grocery was the big holiday sales winner

The National Retail Federation (NRF) said last week that among key retail categories, grocery saw the largest gain in 2019 holiday sales as compared to the previous year. The NRF reported 2.9% year-over-year growth for the sector, which includes grocery and beverage stores. The categories with the next largest gains were furniture and home furnishings […]
David Goodman | Jan 20, 2020 |
Supermarket News

Traditional supermarkets experiencing a resurgence, according to report

Dunnhumby, self-described as the global leader in customer data science, released its third annual U.S. Grocery Retailer Preference Index (RPI). The study examined the 60 largest retailers in the $700 billion U.S. grocery market to determine which ones have the strongest combination of consumer emotional sentiment and financial performance. Here are the top 10 retailers […]
David Goodman | Jan 20, 2020 |
Supermarket News

Giant planning Columbus Blvd store at Philly waterfront

The Philadelphia Business Journal reported Friday that Giant is planning another Philly store in another Tower Investments project. According to the report, Giant will occupy 46,000 square feet on Columbus Boulevard, along the Delaware River waterfront. It had been reported the previous week that Giant plans to open a store in a project proposed by […]
David Goodman | Jan 16, 2020 |
Supermarket News

Giant signs South Philadelphia lease

The Philadelphia Business Journal reported that Giant has signed a lease for a 40,000 square foot store in Bart Blatstein’s South Philadelphia development at Broad Street and Washington Avenue. According to the story, plans call for the supermarket to be part of the first phase of the project that includes 80,000 square feet of retail […]
David Goodman | Jan 13, 2020 |
Supermarket News

Giant to spend $114M on distribution center and PA store renovations

Giant announced that it plans to open a new distribution center in Philadelphia, remodel the St. David’s, PA store and open an Heirloom Market at Abbott’s Square in the Queen Village section of Philadelphia. In all, the company plans to spend about $114 million on new projects across the state over the next 18 months. […]
David Goodman | Jan 09, 2020 |
Supermarket News

McCaffrey's opens New Hope, PA store

McCaffrey’s opened its fourth Bucks County location and seventh store overall today in a former Staples space in New Hope, PA. Along with the typical full-service supermarket departments, the store will feature a gourmet sandwich station and deli, a salad bar, hot foods bar, sushi, beer and wine, and catering.  
David Goodman | Jan 09, 2020 |
Supermarket News

Lidl to build distribution center in Georgia

Lidl announced that it plans to construct a distribution center in Covington, GA, about 35 miles outside of Atlanta. The 925,000 square foot facility will be the company’s fourth U.S. distribution center (others are in North Carolina, Maryland and Virginia) and will serve as a regional headquarters. Lidl currently has four stores in Georgia and […]
David Goodman | Jan 07, 2020 |
Supermarket News

Save A Lot secures new financing, plans to modernize

Save A Lot announced that it has secured new financing to recapitalize its business and deleverage its balance sheet. The discount grocer, owned by Canadian private equity firm Onex Corp. since 2016, plans to use the funds to support operations and speed up efforts to modernize its stores. The agreement calls for Save A Lot […]
David Goodman | Jan 07, 2020 |
Supermarket News

Wawa ranked as #2 convenience store in U.S.

Food & Wine Magazine has named Wawa as the second best convenience store in the U.S., behind Texas-based Buc-ee’s. Stewart’s, an Upstate New York chain, was third, just ahead of Sheetz. According to the magazine, Wawa is “part of the glue holding the region together for generations.” In addition, it states that “Wawa isn’t just […]
David Goodman | Dec 20, 2019 |
Supermarket News

Giant Food parent to spend $480 million on U.S. supply chain operations

Ahold Delhaize USA, the parent company of the Giant, Giant Martin’s, Food Lion, Hannaford and Stop & Shop supermarket chains, announced that it plans to invest $480 million in its supply chain operations over the next three years. Ahold’s plan includes the acquisition of three warehouses from C&S Wholesale Grocers (two in PA and one […]

David Goodman

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