RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 19, 2013 |
Supermarket News

Peapod opens Bucks County facility

Ahold announced last week that it’s Peapod division, which offers online shopping services in support of the Giant and Stop & Shop chains in the Northeast and Mid-Atlantic, has opened a facility in Coopersburg (Bucks County) that will allow the company to service Doylestown, Quakertown and Coopersburg. Peapod services the city of Philadelphia and many […]
David Goodman | Nov 08, 2013 |
Supermarket News

Bottom Dollar has lowest prices in Philly region, according to study

According to a story on CBS Philly, researchers from the Delaware Valley Consumers’ Checkbook visited supermarkets across the Philadelphia region to see which retailer had the lowest prices. The shoppers compared prices on 151 items, including fresh produce, fresh meat, national brand prepared foods and dairy products. And the winner is… Bottom Dollar. The discount […]
David Goodman | Nov 06, 2013 |
Supermarket News

Kosherfest panel names best new kosher products

Kosherfest, the world’s largest kosher tradeshow, was held last week in New Jersey and the best new kosher products in 16 categories were selected by a panel of judges that included buyers from a number of supermarkets. Before you get all meshuge (pronounced meh-shoo-geh for those that have never been outside their farm), here are some […]
David Goodman | Nov 06, 2013 |
Supermarket News

Online grocery sales pose no threat to supermarkets, says Moody's

Moody’s Investors Service said last week that it doesn’t think online grocers pose a significant threat to brick-and-mortar stores, pointing out that the online grocery sales accounted for only 0.5% of the overall grocery spend last year. The company believes online sales are not likely to grow to more than 1% to 1.5% of grocery […]
David Goodman | Nov 06, 2013 |
Supermarket News

Wegmans opens in Montgomeryville, PA

Not surprisingly, the new Wegmans at the Montgomery Mall in Montgomeryville, which is part of Montgomery Township in Montgomery County (I couldn’t resist) opened to a big crowd last Sunday. According to The Reporter, more than 1,000 people were outside the store by 6:45am waiting for it to open. The 126,000 square foot store is open […]
David Goodman | Nov 01, 2013 |
Supermarket News

Dollar General tops Walmart in pricing survey

Dollar General topped Kantar Retail’s annual opening price point survey for the second year in a row, narrowly beating Walmart. The survey “determines how select retailers meet the grocery and consumables needs of shoppers looking for the lowest shelf prices.” According to Kantar, Dollar General’s total basket was 12 cents less than Walmart’s. On the […]
David Goodman | Nov 01, 2013 |
Supermarket News

Wakefern sales increase to $14.1 billion in fiscal 2013

Wakefern reported last week that retail sales reached $14.1 billion for the fiscal year ending September 28, 2013. The figure represents a 3.9% sales increase over the previous year. During fiscal 2013, the company added 10 new ShopRite stores, four PriceRite stores and one Fresh Grocer store. It also expanded its ShopRite from Home service […]
David Goodman | Nov 01, 2013 |
Supermarket News

Could Weis Markets be Kroger's next acquisition?

An October 21 story on Cincinnati.com about Kroger’s growth plans specifically mentions A&P and Weis as possible acquisition targets for the nation’s largest supermarket chain. In the past year, Kroger executives have indicated a willingness to grow, potentially through more acquisitions. The company is about to close on a $2.5 billion purchase of Harris Teeter. […]
David Goodman | Oct 31, 2013 |
Supermarket News

Bottom Dollar, Giant opening stores; Weis to close a store

New Bottom Dollar stores opened today in Ambler, PA and in the Germantown section of Philadelphia. These stores represent the 42nd and 43rd stores in the Greater Philadelphia Market. Bottom Dollar now operates 62 stores in PA, NJ and OH. The discount grocery chain, a subsidiary of Delhaize, is still not profitable. Giant Food is […]
David Goodman | Oct 23, 2013 |
Supermarket News

Cerberus exploring a deal to takeover Safeway

According to a report from The Chicago Tribune, Cerberus Capital Management is exploring a deal for all or part of Safeway, the second-largest supermarket operator in the U.S. In addition, Supermarket News said this morning that according to a Reuters report, Safeway has engaged Goldman Sachs to explore a potential private equity takeover. Safeway, which exited […]

David Goodman

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