RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 02, 2023 |
Supermarket News

Giant opens a fast-casual restaurant in its Maryland supermarket

Giant Food opened its first in-store fast-casual restaurant last week in partnership with Maryland-based Nelly Fresh. The restaurant opened in Giant’s Ellicott City, MD location. According to news reports, Nelly Fresh is a chef-driven concept that makes everything fresh daily and features a wide variety of customizable salads, wraps and bowls. The in-store location is […]
David Goodman | Apr 02, 2023 |
Supermarket News

Grocery Outlet continues expansion in Philadelphia

Grocery Outlet opened its fifth Philadelphia store last week, bringing a “much-needed local grocery option to the area,” according to the company. The store, located on 1801 North American Street in North Philadelphia, will be run by independent operators Jess Loflin and Marie Cole. Grocery Outlet’s strategy is to offer low prices by opportunistically buying […]
David Goodman | Mar 14, 2023 |
Supermarket News

Lidl lays off 200 U.S. employees but "is still a danger for the U.S. grocery market"

“Lidl is still a danger for the U.S. (grocery) market.” That’s the statement made by Sebastian Rennack, a retail analyst at Aletos Advisory in Germany, in response to Lidl’s decision last month to layoff 200 U.S. corporate employees. The company’s geographical penetration in the U.S. is low, he says, because the locations were not well […]
David Goodman | Mar 09, 2023 |
Supermarket News

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 |
Supermarket News

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 |
Supermarket News

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 |
Supermarket News

'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 |
Supermarket News

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 |
Supermarket News

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 |
Supermarket News

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 […]

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