RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 09, 2023 |

Grocers plan to test ChatGPT

A new survey revealed that grocers are ready to experiment with ChatGPT, the chatbot AI technology that’s taking the world by storm. In the survey conducted by Grocery Doppio, Incisiv and Wynshop, findings included the following: 67% of grocers say they have discussed ChatGPT at senior level meetings 82% of grocers consider AI a necessity […]

David Goodman | Feb 17, 2023 |

Kroger and Albertson may sell 250-300 stores to satisfy antitrust concerns

According to a recent report by Reuters citing unnamed sources, Kroger and Albertsons are discussing plans to divest between 250 and 300 stores in order to satisfy antitrust concerns around their proposed merger. The potential store closings may span across all the regions where the companies operate and could generate more than $1 billion through […]

David Goodman | Feb 17, 2023 |

Ahold Delhaize posts big sales gain in Q4

Giant Food parent Ahold Delhaize posted a strong performance in their most recent quarter, including a 9.2% increase in sales. Food Lion and Hannaford led the way, with same-store sales up by double-digits. Stop & Shop also performed well, according to a report in Supermarket News (SN). CEO Frans Muller told SN that he expects […]

David Goodman | Feb 09, 2023 |

'Marty' the Giant Food Store robot tried to escape a PA store

A post of Marty the Giant Food Store robot escaping into the parking lot went viral earlier this week. It (or is it he or she?) apparently made a run for it from its home in the Northampton, PA store. Marty roamed the parking lot for a little while until a human Giant employee (as […]

David Goodman | Feb 07, 2023 |

Wawa planning travel centers near major highways

Earlier this month Wawa revealed plans to open non-traditional travel centers in existing markets as well as new markets like North Carolina, Tennessee, Kentucky, Indiana and Ohio in the coming years. Wawa CEO Chris Gheysens said the locations will offer long-distance travelers more options for where they can refuel and get a snack. “Think of […]

David Goodman | Feb 07, 2023 |

Amazon putting the brakes on Amazon Fresh supermarkets

Amazon said it was pausing the rollout of its Amazon Fresh supermarkets, and after assessing its portfolio of Amazon Fresh and Amazon Go stores, the company plans to “exit certain stores with low growth potential.” It’s not clear yet how many operating stores will close and how many planned stores will be abandoned. There are currently […]

David Goodman | Jan 26, 2023 |

Wakefern testing frictionless checkout technology

Wakefern, the grocery cooperative that includes ShopRite, Price Rite and Fairway Market, announced last week that it opened an autonomous convenience store with frictionless checkout technology at its corporate headquarters in Edison, NJ. The store, called The Pantry, is a pilot to test the artificial intelligence-based technology from Trigo, an Israeli company that provides grocery […]

David Goodman | Jan 16, 2023 |

Walmart and Aldi are most trusted grocery brands; ShopRite ranks high in the Northeast

According to the fifth annual grocery edition of its Most Trusted Awards, BrandSpark, in partnership with Newsweek and Winsight Grocery Business, found that Walmart is the most trusted conventional grocer in the United States and Aldi is the most trusted discount and small format grocer in the country. BrandSpark surveyed over 10,000 Americans in an […]

David Goodman | Jan 12, 2023 |

Plans for ShopRite in Atlantic City are dead

According to published reports, ShopRite will not be coming to Atlantic City, NJ. After more than a year of talks with ShopRite Operator Village Super Market, the Casino Reinvestment Development Authority (CRDA) suspended negotiations. There had been little progress at the construction site since a groundbreaking ceremony in late 2021. Mayor Marty Small, Sr. told […]

David Goodman | Jan 12, 2023 |

Dollar stores gaining on traditional supermarkets

Dollar stores are well positioned to increase their share of the total U.S. grocery sales market, according to a report released earlier this month by Coresight Research. The report states that in the last three months, more than one in five consumers consistently reported visiting dollar stores to buy groceries. In addition, Dollar General and […]

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