RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 24, 2023 |
Supermarket News

ShopRite to close five stores in Albany, NY area

Wakefern announced that five ShopRite supermarkets will close this winter in the Albany, NY market and that as many as 500 workers will lose their jobs. The store closings are planned for Colonie, Slingerlands, Albany, North Greenbush, and Niskayuna. The closings are due to poor sales, according to a Wakefern spokesperson.
David Goodman | Oct 11, 2023 |
Supermarket News

Online grocery sales fall 3% in September

Online grocery sales fell 3.1% in September (to $7.5 billion) as compared to September of 2022, according to the latest monthly Brick Meets Click / Mercatus Grocery Shopping Survey. Declines in order frequency and spending per order contributed to the drop, although an expanded base of monthly customers signaled continued interest in online grocery sales. […]
David Goodman | Sep 28, 2023 |
Supermarket News

McCaffrey's opens Gladwyne, PA store

McCaffrey’s, the regional grocery chain with locations in New Jersey and Pennsylvania, opened its eight store last week in Gladwyne, PA at the site of a former Acme Supermarket. In addition to the usual grocery departments, McCaffrey’s first Main Line store will feature craft beers, wine, a gourmet sandwich station, and a coffee bar.
David Goodman | Sep 27, 2023 |
Supermarket News

The Fresh Market named Best Grocery Store and my mom agrees

The Fresh Market was named the “Best Grocery Store in America” by USA Today as part of the media outlet’s “10Best Readers’ Choice Awards.” The Fresh Market also took top honors for their bakery and deli departments. Hy-Vee was the top pick for the best produce and prepared food. All winners were chosen by popular […]
David Goodman | Sep 21, 2023 |
Supermarket News

Instacart IPO nets company $420 million

Instacart’s initial public offering on Monday netted the company more than $420 million, according to a CNBC report. The IPO offering of 22 million shares was priced at $30 per share on Monday, but the stock (listed as CART on the Nasdaq exchange) hit the market midday at about $42 per share before eventually trailing […]
David Goodman | Sep 13, 2023 |
Supermarket News

Kroger, Albertsons to sell 413 stores to C&S Wholesale Grocers in advance of merger

Kroger and Albertsons announced the sale of 413 stores, eight distribution centers and five private label brands to C&S Wholesale Grocers, a deal directly related to the proposed merger of the two selling entities. The stores sold are located (in order from the most to the least number of stores sold) in the states of […]
David Goodman | Aug 23, 2023 |
Supermarket News

Giant closing fulfillment centers in VA, MD and DE

Giant announced the upcoming closing of an 80,000 SF fulfillment center in Manassas, VA that the company opened just a few months ago, according to a report by Washington D.C. news group WTOP. According to Giant, the fulfillment center was opened with the goal of completing delivery orders in three hours. Giant now says it’s […]
David Goodman | Aug 22, 2023 |
Supermarket News

ShopRite to roll out inventory management robot

Wakefern announced that it is bringing AI-powered robotics to more ShopRite supermarkets following a successful pilot at 20 stores over the last several months. The Tally robot, a product of California-based Simbe, provides store associates with information to ensure products are stocked, in the right location, and correctly priced. According to Wakefern, Simbe’s real-time insights […]
David Goodman | Aug 17, 2023 |
Supermarket News

Aldi to acquire Winn-Dixie and Harvey's Supermarket stores

Aldi has entered into an agreement to purchase a total of 400 Winn-Dixie and Harvey’s Supermarket stores from Southeastern Grocers. Terms of the deal haven’t been disclosed. Aldi now plans on having about 2,400 stores by the end of the year, and as a result of the acquisition, an expanded footprint in Georgia, Florida, Alabama, […]
David Goodman | Aug 09, 2023 |
Supermarket News

Save-A-Lot completes transition to a wholesaler by selling it's last 18 stores to Leevers

Discount grocery operator Save-A-Lot announced that it has sold the last of its stores to a licensee but will continue to operate as a wholesaler and licensor to the Save-A-Lot store network. Colorado-based Leevers, which already operates 29 Save-A-Lot stores in Colorado, Philadelphia, and New Jersey, purchased the 18 stores, all based in the St. […]

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