RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 01, 2018 |
Supermarket News

PA ranks second in organic food sales

According to a report published by the U.S. Department of Agriculture, Pennsylvania trails only California in the sale of organic products. Statewide consumption of organic foods in Pennsylvania has increased by about ten times over the past decade, and has doubled from 2015 and 2016. Nationwide, organic food sales reached $43 billion last year, an […]
David Goodman | Apr 01, 2018 |
Supermarket News

BJ's expands Instacart partnership

BJ’s Wholesale Club, which has been marketing heavily to Sam’s Club customers since the Walmart-owned company closed several stores, has expanded its same-day delivery agreement with Instacart and will soon offer the service from all 215 stores. Instacart also recently expanded its partnership with Costco, Kroger and Aldi. According to Kroger, two-thirds of its customers […]
David Goodman | Apr 01, 2018 |
Supermarket News

Rite Aid transfers 1,651 stores to Walgreens

Rite Aid announced last month that it has transferred 1,651 stores to Walgreens. In all, Walgreens is buying 1,932 stores and three distribution centers from Rite Aid for about $4.4 billion in cash. The transfer of the remaining stores to Walgreens will take place this spring. The remaining 2,500+ Rite Aid stores are being sold […]
David Goodman | Mar 27, 2018 |
Supermarket News

Walmart adding grocery delivery in 100+ markets

Walmart announced that it plans to expand its online grocery delivery service to more than 100 metro areas around the country. The company says the service will be available to more than 40 percent of U.S. households by year-end. Currently Walmart’s grocery delivery service is available in six markets, where customers can receive their orders […]
David Goodman | Mar 27, 2018 |
Supermarket News

Dollar General expanding store count, adding fresh produce

According to an article in Supermarket News, Dollar General plans to add 900 new locations this year and pending a successful market test, will add fresh produce to hundreds of remodeled locations. The company has introduced “traditional plus” stores that include 34 cooler doors to merchandise an expanded perishables assortment (by year-end, the company expects […]
David Goodman | Mar 26, 2018 |
Supermarket News

Redner's closing its Doylestown, PA store

Redner’s Warehouse Market announced earlier this month that it plans to close its Doylestown Point Plaza store on March 31. Redner’s currently operates 44 grocery stores and 21 Quick Shoppes in Pennsylvania, Maryland and Delaware. “The lease on this location is approaching its end and the property owner presented us with an offer to end […]
David Goodman | Mar 07, 2018 |
Supermarket News

Investments in grocery-anchored centers grew in 2017

Investments in grocery-anchored shopping centers grew by 5.3% last year compared to 2016, according to a report issued by Chicago-based Jones Lang Lasalle (JLL). The increase makes the grocery-anchored segment one of the few retail sectors to see real growth. The report also stated that grocery store openings declined by 29% in 2017, with several […]
David Goodman | Mar 07, 2018 |
Supermarket News

Kohl's to add Aldi to stores in pilot program

Kohl’s announced last week that it will bring Aldi into as many as 10 stores later this year in an attempt to increase customer traffic and store productivity. The specific stores were not released. Earlier this year Kohl’s CEO Kevin Mansell said the company had “a whole list of partners” ready to fill the space […]
David Goodman | Mar 07, 2018 |
Supermarket News

PA Dairy Farm sells 15,000 pastries on Fasnacht Day

In what apparently is an annual tradition at Oregon Dairy in Lititz, PA, Fasnacht Day was held last month and was a great success. A fasnacht is a Pennsylvania Dutch doughnut-style pastry historically served on Shrove Tuesday, also known as Fat Tuesday or Mardis Gras, to mark the beginning of fasting on Ash Wednesday. Oregon […]
David Goodman | Mar 07, 2018 |
Supermarket News

Target ramping up CapEx, small-format stores, e-commerce efforts

Target announced earlier this week that it plans to spend about $3.5 billion on capital expenditures in 2018 (compared to $2.5 billion last year) as it accelerates investments in store remodels, small-store formats and other initiatives. The company also reported that the investments will likely have an adverse affect on profit margins. Target execs said […]

David Goodman

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

Call David

1.484.417.2219

Envelope Linkedin-in Instagram