RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

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 | Dec 20, 2019 |
Supermarket News

Wegmans to add distribution center in Virginia

Wegmans Food Markets, which recently opened its 100th store, plans to build a new regional distribution center in Ashland, Virginia. The 1.1 million square foot, $175 million facility is slated to begin operations in 2022. Wegmans currently has regional distribution centers in Rochester, New York and Pottsville, Pennsylvania. The company has been entering new markets […]
David Goodman | Dec 19, 2019 |
Supermarket News

Walmart piloting self-driving delivery vehicles

Walmart announced earlier this month that it plans to pilot grocery delivery using Nuro autonomous vehicles in Houston in the coming months. The self-driving, electric vehicles will bring online grocery orders to customers’ homes. At first the service will be available only to customers who opt in, but plans call for the world’s largest retailer […]
David Goodman | Dec 19, 2019 |
Supermarket News

Lidl plans to acquire 6 Shoppers stores in MD & VA

Earlier this month Lidl announced that it plans to acquire six Shoppers Food & Pharmacy locations from United Natural Foods Inc.  Five of the stores are in Maryland and one is in Virginia. Shoppers currently has 43 stores but expects to be down to 26 after additional deals with other grocery chains and operators. In […]
David Goodman | Dec 03, 2019 |
Supermarket News

Lidl to open first Philadelphia store next week

In a release issued today, Lidl announced that its first Philadelphia store would open next Wednesday, December 11, in the city’s Port Richmond section. Later this year the second Philadelphia location is slated to open on Roosevelt Boulevard in the Northeast. There are currently five operating stores in Pennsylvania, with more planned, including Lansdale, Sinking […]
David Goodman | Dec 03, 2019 |
Supermarket News

Giant Food to open Friday in Broomall, PA

Giant Food’s long-awaited store will open in Broomall, PA this Friday. The 74,000 square foot store will replace the current Springfield Road location. Two hundred people will fill full and part-time positions, an increase of 50 employees from the closing store. The store will feature the usual modern departments as well as a pharmacy, and […]
David Goodman | Dec 03, 2019 |
Supermarket News

Lidl to open two Long Island stores next week

Lidl announced yesterday that it plans to open its first two Long Island stores on December 11. The locations will be in Center Moriches – in a former Waldbaum’s, and in West Babylon – in a converted Best Market. Stores in Plainview, Huntington, East Meadow, Oakdale, Patchogue and Lake Grove are planned for 2020. Five […]

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