RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 19, 2015 |
Supermarket News

A&P has sold 167 of 296 stores; all remaining supermarkets to go dark by Thanksgiving

To quote the Food Trade News, “The wind down of the once iconic Great Atlantic & Pacific Tea Company goes on and the results continue to be underwhelming.” The publications November issue reports that 167 of the 296 stores have been sold, with another 20 awaiting sales approval from the bankruptcy court. All the stores […]
David Goodman | Nov 02, 2015 |
Supermarket News

Walmart focusing on freshness

A Supermarket News story last week reported that Walmart is making a significant effort to increase the company’s emphasis on fresh products in its stores. For instance, a Walmart official said they are improving product quality and variety in the bakery section, where they have brought in new products and better quality recipes. “Bakery is […]
David Goodman | Oct 31, 2015 |
Supermarket News

Lidl breaks ground on U.S. distribution center

Lidl, the German discounter and Aldi rival that plans to open stores in the U.S. by 2018, broke ground for a new regional headquarters and distribution center in Fredericksburg, VA last Tuesday. The company’s U.S. headquarters is planned for Arlington, VA. Lidl operates about 10,000 stores in 26 countries throughout Europe, and has been securing […]
David Goodman | Oct 31, 2015 |
Supermarket News

A&P to put store names up for auction

Now that A&P’s bankruptcy proceedings, including the auctions for its remaining stores, are winding down, the company announced that it plans to take bids for its intellectual property, including brand names for its stores and private brands, its slogans and customer data. Brands up for grabs include A&P, Pathmark, Waldbaum’s, Super Fresh, Food Basics and […]
David Goodman | Oct 31, 2015 |
Supermarket News

Walmart and Costco are the top two global retailers; Kroger, Lidl and Aldi in the top 10

The top 25 global retailers based on 2015 sales in U.S. dollars, according to an annual list compiled by Planet Retail:   Walmart Costco Carrefour Kroger Tesco Seven & I Schwarz Group (Lidl) Walgreens Boots Alliance AEON Aldi Target Auchan Metro Group CVS Casino Group Woolworths Rewe Group Edeka Albertsons Leclerc Coles Group Ahold ITM […]
David Goodman | Oct 31, 2015 |
Supermarket News

Aldi's fastest growing line: organic

A recent article on Bloomberg.com said that Aldi is now trying to make itself more attractive to the type of customer that shops at Trader Joe’s. According to the report, Aldi U.S. CEO Jason Hart believes that American shoppers are increasingly concerned with the content and quality of the food they eat, so the company, […]
David Goodman | Oct 20, 2015 |
Supermarket News

Albertsons postpones IPO indefinitely

Albertsons, which had been expected to complete its initial public offering last Thursday, announced the day before that the IPO was postponed indefinitely due to recent market volatility. The company had said in a prospectus that it intended to offer 65.3 million shares priced at $23 to $26 per share, with the possibility of selling […]
David Goodman | Oct 20, 2015 |
Supermarket News

Target delaying food overhaul until 2017

The Minneapolis Star Tribune reported earlier this month that Target has pushed back the rollout of its food overhaul from 2016 to 2017, saying they need more time to hash out and test ideas. The company’s goal is to make its grocery department more of a destination, rather than an afterthought. The process has already […]
David Goodman | Oct 20, 2015 |
Supermarket News

Dollar General to increase sale of perishables, health and beauty products

Dollar General announced recently that the company is working on a new store prototype that will provide more fresh foods and health and beauty products. The rollout will begin in 2016 with all new stores and remodels. CEO Todd Vasos said the new stores will have more coolers, which mean more perishables, and “perishables drive […]
David Goodman | Oct 20, 2015 |
Supermarket News

Wegmans coming to Lancaster, PA

Wegmans announced yesterday that it plans to open a new store in Lancaster, PA in 2018. The 120,000 square foot store is slated to anchor The Crossings at Conestoga Creek, a proposed mixed-use development on Harrisburg Pike, just east of the Route 30 interchange in Manheim Township. High Real Estate Group is the developer. Lancaster […]

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