RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Feb 27, 2024 |
Supermarket News

FTC files lawsuit to stop Kroger-Albertsons merger

The Federal Trade Commission filed a lawsuit Monday to block the proposed Kroger – Albertson $24.6 billion merger, claiming it would be an “anticompetitive” deal that would create a monopoly. Attorneys general from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon, and Wyoming joined the lawsuit. AGs in Washington and Colorado […]
David Goodman | Feb 25, 2024 |
Supermarket News

Fresh produce now sold at more than 5,000 Dollar General stores

Earlier this year Dollar General reported that it now offers fresh fruits and vegetables at more than 5,000 locations. The company operates more than 19,000 stores in 48 states with plans for continued expansion. Former Dollar General CEO Jeffrey Owen announced the company’s intention to offer fresh produce in at least 5,000 stores by the […]
David Goodman | Feb 25, 2024 |
Supermarket News

Wegmans planning second Manhattan store

Wegmans confirmed that it signed a lease for a 58,874 square foot former Bed Bath and Beyond store in Manhattan at 1932 Broadway. The company currently operates one Manhattan store, which it opened last year at 770 Broadway, the former site of the Astor Place Kmart. “Prior to opening our Astor Place store, we were […]
David Goodman | Feb 20, 2024 |
Supermarket News

Grocery Outlet to acquire United Grocery Outlet

Grocery Outlet announced that it plans to acquire United Grocery Outlet, a discount grocer operating in the Southeast. The deal is expected to close in the second quarter of this year. United Grocery Outlet, which is celebrating its 50th year in business, has 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia. Grocery […]
David Goodman | Feb 17, 2024 |
Supermarket News

Kroger pledges to lower prices and invest in stores following merger with Albertsons

As Kroger faces regulatory scrutiny over its planned acquisition of Albertsons, the company says it will lower prices following the merger. Specifically, Kroger says it will invest $500 million to lower prices following the close of the deal, and invest $1.3 billion to improve Albertsons stores. Kroger added that it invested more than $125 million […]
David Goodman | Feb 02, 2024 |
Supermarket News

Wawa to open modular construction stores with drive-thru

An article posted on C-Store Dive’s website earlier this week stated that Wawa is planning to open drive-thru locations made using modular construction methods. The buildings are fabricated off-site with the pieces then assembled on location, according to a spokesperson for Modlogiq, the construction company Wawa is working with. Modligiq also said the first location […]
David Goodman | Jan 31, 2024 |
Supermarket News

Placer names Kroger as most visited grocery store in 2023

Data analytics firm Placer.ai named Kroger as 2023’s most popular grocery banner in the U.S. in terms of foot traffic. Placer’s end-of-year recap report said that Kroger and its banner locations captured 18.8% of annual grocery foot traffic. Other top five grocery retailers included Publix (17%), Safeway (10.5%), Aldi (9.4%), and H-E-B (8.7%). Walmart Neighborhood […]
David Goodman | Jan 20, 2024 |
Supermarket News

Kroger-Albertsons merger delayed but still in the works

Kroger had hoped its proposed $24.6 billion acquisition of Albertsons would be completed in March of this year but now expects it to close in the late spring or early summer. In a joint statement released by Kroger, Albertsons, and C&S Wholesale Grocers, ongoing discussions with regulators were cited as the reason for the delay. […]
David Goodman | Jan 16, 2024 |
Supermarket News

Aldi is first major retailer to eliminate plastic shopping bags

Aldi reached its goal of eliminating all plastic shopping bags from its approximately 2,300 stores by the end of 2023, and at the same time became the first major U.S. retailer to do so. In a letter to customers, Aldi U.S. CEO Jason Hart said the removal of plastic bags will prevent nearly 4,400 tons […]
David Goodman | Jan 12, 2024 |
Supermarket News

Wegmans to open small(ish) Yardley store in March

Wegmans announced that its Yardley, PA store, which will be part of the new Prickett Preserve development, will open on March 20. It’s the company’s second Bucks County location (Warrington), and at 88,000 square feet (SF), it’s smaller than many of its other supermarkets in the Greater Philadelphia market. Historically Wegmans stores were at least […]

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