RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 03, 2023 |
Supermarket News

Wawa at Drexel University testing touchscreen-only shopping experience

Wawa’s newly renovated store at Drexel University in Philadelphia has no shelved products. Other than coffee, which remains self-serve, customers have to order products using a touch screen or Wawa’s mobile app. The store, at 3300 Market Street, reopened on July 26. Wawa spokesperson Lori Bruce said they will be gathering feedback from customers and […]
David Goodman | Jul 31, 2023 |
Supermarket News

Amazon cutting jobs at Fresh grocery stores

According to a CNBC report, Amazon is reorganizing its grocery store operations, resulting in job cuts at Fresh stores. And The Washington Post says those job cuts are in the hundreds. “Like any retailer, we periodically assess our stores’ organizational needs and make decisions to increase efficiencies for our employees and deliver customer value,” said […]
David Goodman | Jul 25, 2023 |
Supermarket News

Amazon to implement palm-scanning payment option in all Whole Foods stores

CNBC reported that Amazon’s palm-scanning payment technology will be in all Whole Foods stores by the end of this year. First launched in 2020 and currently in 200 Whole Foods locations, the technology has processed three million “uses” so far, according to Amazon. To use this payment method, customers simply wave their palm over a […]
David Goodman | Jul 17, 2023 |
Supermarket News

KOP and Burlington among Lidl closures

Lidl closed its stores in King of Prussia, PA and Burlington Township, NJ, yesterday, along with other locations in New Jersey (Howell), Virginia, North Carolina and South Carolina. The King of Prussia store opened last year and Burlington opened in 2020. At the same time, Lidl still plans to open more stores, including one later […]
David Goodman | Jun 29, 2023 |
Supermarket News

Lower Makefield (PA) Wegmans to open Q1 2024

Wegmans supermarket in Lower Makefield Township (Bucks County, PA) is expected to open in the first quarter of next year, according to Jim Majewski of the township. The 94,024 square foot store is part of Pickett Preserve, a mixed-use retail and residential development. Retailers and restaurants planning to join Wegmans include Chase Bank, CVS, Firebirds […]
David Goodman | Jun 26, 2023 |
Supermarket News

Amazon rumored to have interest in purchasing British online grocer with Kroger ties

Shares for British online grocer Ocado Group soared last week based on a Bloomberg report regarding “speculation of bid interest” from Amazon and other technology firms. Ocado Group has had a partnership with Kroger since 2018 in which they construct robotically-operated warehouses in the U.S. According to a Supermarket News story, Ocado paused the rollout […]
David Goodman | Jun 24, 2023 |
Supermarket News

Instacart "Caper Cart" coming to ShopRite in NJ

The Caper Cart is coming to New Jersey! (I didn’t know what that meant either.) Instacart’s smart shopping cart, known as the Caper Cart, is coming soon to the ShopRite of Spotswood, NJ. The cart automatically recognizes and rings up groceries, provides recommendations to shoppers, and allows customers to check out directly from the cart. […]
David Goodman | Jun 12, 2023 |
Supermarket News

Food and Beverage Sales up at Target

Target announced last month that although total sales were only 0.5% higher in the last quarter as compared to the same quarter a year ago, food and beverage sales were up in the high single digits. It’s a trend Target hopes will continue as they try to increase grocery revenues. Last year only 21% of […]
David Goodman | Jun 05, 2023 |
Supermarket News

Wegmans closing Boston area store

Wegmans announced that it plans to close its 134,000 square foot, multi-level store at the Natick Mall outside of Boston later this summer. The supermarket, one of the chain’s largest, opened in 2018. A Wegmans spokesperson said the “non-traditional location” was unable to attract enough customers. Wegmans added that it did not have plans to […]
David Goodman | May 16, 2023 |
Supermarket News

Federal Realty and Amazon suing each other over planned Amazon Fresh store that hasn't opened

According to published reports this morning, Federal Realty is suing Amazon for defaulting on its lease and not opening its planned Amazon Fresh store in Willow Grove, PA. Amazon is countersuing, alleging that Federal did not complete its required work. The Willow Grove site is one of several in the Philadelphia region where an Amazon […]

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