RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Sep 12, 2021 |

Vote to approve Atlantic City ShopRite slated for Sept 21

Plans for a ShopRite in Atlantic City’s central business district received a positive response last week at a meeting of the land use regulation and enforcement division of the Casino Reinvestment Development Authority (CRDA). The plans, which have been in the works for over a year, call for a 44,000 square foot store near the […]

David Goodman | Sep 02, 2021 |

Major renovations (and Starbucks!) coming to Bensalem Giant

Giant supermarket’s renovation plans continue to forge ahead, with the latest announcement stating that the Bensalem store on Street Road in Bucks County will get a Starbucks in addition to other updates. According to the store manager, new modernized decor will be added, along with a consultation room for the pharmacy. “The store’s fresh offerings […]

David Goodman | Aug 22, 2021 |

Some supermarkets drifting away from 24 hour operations

In recent months we’ve all experienced stores and restaurants with limited hours, and supermarkets may be next. According to reports, some grocery retailers are moving away from 24-hour operations. Strategic Resources Group’s Burt Flickinger III cites a shortage of people willing to work retail because of Covid-19 and public health concerns, coupled with extended unemployment […]

David Goodman | Aug 13, 2021 |

Amazon Fresh opens in Warrington (First in PA)

Amazon Fresh opened in Warrington, PA earlier this month, as planned. It’s Amazon’s first supermarket in PA. At 35,000 square feet the store takes up most of the former Giant at Creekview Center. It’s the 16th Amazon Fresh supermarket in the country. Up next for the company are locations in Bensalem, Broomall, Havertown and Philadelphia.

David Goodman | Jul 29, 2021 |

Wegmans to open Manhattan store

Wegmans announced today that they plan to open a store in Manhattan in 2023. The East Village location – in a former Kmart – will be the company’s second store in New York City. They opened in 2019 at Brooklyn’s Navy Yard, where 25,000 shoppers visited on opening day. Wegmans reportedly signed a 30-year lease […]

David Goodman | Jul 07, 2021 |

Sales from non-traditional, alternative grocers risen to astounding levels

A recent article in Supermarket News by Scott Moses has some astounding facts and figures about the rise of non-traditional, alternative grocers in the U.S. I encourage you to check it out here. In the meantime, here is a bullet point list of some of the very interesting and telling points that Scott makes.   […]

David Goodman | Jun 20, 2021 |

Kroger testing grocery delivery by drone

Kroger announced last month that it launched a pilot program to deliver online grocery orders by autonomous drones. Through a partnership with Drone Express, Kroger says it can deliver products not just to a street address, but also on the spot, such as bringing picnic supplies to a park or sunscreen to the beach. Test […]

David Goodman | Jun 20, 2021 |

Giant Flashfood app provides discounts for fresh food nearing its expiration date

Giant announced earlier this month that it plans to roll out the Flashfood app, which allows shoppers to purchase produce, meat, deli and bakery products nearing their “best before date” at significantly reduced prices, to all Giant and Martin’s stores following a successful pilot program. The rollout will begin in the Pennsylvania counties of Bucks, […]

David Goodman | Jun 20, 2021 |

Grocery Outlet to open first NJ store

Grocery Outlet, the discount retailer with more than 300 stores in California, Oregon, Washington, Idaho, Nevada and Pennsylvania, plans to add its first New Jersey store this fall in Hamilton. The Mercer County store will take 20,644 square feet of a vacant Kmart space in Hamilton Plaza Shopping Center. The West Coast brand expanded into […]

David Goodman | Jun 06, 2021 |

Fresh Market voted nation's best supermarket in USA Today reader survey

The Fresh Market was named “best supermarket” by USA Today readers in a recent survey. The top 10 supermarkets were named after a panel of experts and contributors nominated US supermarkets based on value, selection and service, and then readers cast their votes over a 28-day period via the “10Best” website. The top 10 as […]

David Goodman

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

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