RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 03, 2012 |
Supermarket News

Wegmans, Trader Joe's top Consumer Reports survey for best supermarket

A Consumer Reports survey released today ranks Wegmans as the top supermarket in the country, based on feedback from 24,203 readers. Wegmans has 79 stores in New York, New Jersey, Pennsylvania, Massachusetts, Maryland and Virginia. The top five stores are as follows: 1. Wegmans 2. Trader Joe’s 3. Publix 4. Fareway Stores 5. Costco Customers […]
David Goodman | Mar 26, 2012 |
Supermarket News

A&P gets B- rating from S&P

In assigning newly reorganized and private company A&P a B- credit rating and negative outlook last week, Standard and Poor’s said the company should be able to maintain adequate liquidity and improve its overall performance in the coming years, but will still lag competitors’ operating metrics and be vulnerable to sales declines and a slow […]
David Goodman | Mar 26, 2012 |
Supermarket News

ShopRite workers approve new labor agreement

We’re used to reading about problems between supermarket chains and their unionized employees, just as we’re used to reading about ShopRite’s success and climb to supremacy in the Greater Philadelphia Region. So, it should come as no surprise that 24,000 workers at ShopRite and Stop & Shop stores in New York and New Jersey represented […]
David Goodman | Mar 26, 2012 |
Supermarket News

Dollar General's 10,000th store to be a grocery market

In a few days Dollar General will open its 10,000th store, and it will be a Dollar General Market, which resembles a “price-impact grocery store,” according to company officials. The store will open in California, where the company’s Market format is expected to see significant growth. During a conference call to discuss fourth quarter results, […]
David Goodman | Mar 26, 2012 |
Supermarket News

Swiss Farms debuts drive-up grocery

The first of five Swiss Farms stores planned for Charlotte, NC that feature a drive-up grocery opened last week. According to its website, the company, based in Broomall, PA, “has been a drive-thru tradition of quality and convenience since 1968.” In addition to the new location in North Carolina, there are currently 13 Delaware County […]
David Goodman | Mar 16, 2012 |
Supermarket News

Walmart to reportedly lower grocery prices

Although Walmart officials remain mum on the subject, several publications have reported that the world’s largest retailer is determined to regain its image as the low price grocery leader and lure back customers who are frequenting dollar stores and discount grocery chains. The speculation is that Walmart is putting pressure on its food suppliers to […]
David Goodman | Mar 14, 2012 |
Supermarket News

A&P emerges from bankruptcy as private company

In a statement today, A&P said it emerged from bankruptcy as a private company, having completed a court-approved financial restructuring. It had filed for bankruptcy in December 2010. The company said that JPMorgan Chase and Credit Suisse arranged for $645 million in exit financing. A&P also said that it assembled a new management team, refurbished […]
David Goodman | Mar 13, 2012 |
Supermarket News

Genuardi's - Giant conversion to take three weeks

Speaking about the conversion of 16 Genuardi’s stores to Giant supermarkets in a recent interview with Supermarket News, Ahold USA COO Carl Schlicker said he anticipates that “from the time we’re able to start we’ll have them converted within three weeks.” He explained the general strategy for the stores as returning to “some of the […]
David Goodman | Mar 13, 2012 |
Supermarket News

Whole Foods to open tomorrow in Glen Mills

The eagerly awaited Whole Foods Market is set to open tomorrow in Glen Eagle Square Shopping Center on Westchester Pike in Glen Mills, about a mile down the road from where a Wegmans is scheduled to be built. The Whole Foods Market will be approximately 38,000 square feet and will feature the Brew & Brau […]
David Goodman | Mar 12, 2012 |
Supermarket News

The Fresh Market to add 14-16 new stores this year

The Fresh Market, which has three stores in the Greater Philadelphia Region (Center Valley, Glen Mills, Horsham; all in PA), announced last week that it plans to add 14 to 16 new stores in fiscal 2012. It is expected the expansion will take place within their existing markets, and possibly even California, where they do […]

David Goodman

David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties.

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