RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 16, 2020 |
Supermarket News

Amazon Go: Amazon adding grocery formats in effort to dominate markets

With the opening of the first Amazon Go Grocery store in Seattle a few weeks ago, along with the company’s plans for a new supermarket chain, industry expert Bill Bishop of Brick Meets Click believes that “Amazon’s ultimate goal for grocery is to be the dominant provider in many of the most affluent market areas.” […]
David Goodman | Mar 07, 2020 |
Supermarket News

Supermarket growth continues at a fast pace in Philadelphia

A Billypenn.com article recently reported on the plethora of supermarket openings in the city of Philadelphia. According to author Layla A. Jones and her sources, the city welcomed 56 grocery stores between 2015 and 2018, and over the past two years, the Department of Licenses and Inspections issued 255 permits for retail food sales. Here’s […]
David Goodman | Mar 07, 2020 |
Supermarket News

Several grocers announce new Greater Philly stores, as Swann's Pantry closes

Warminster, PA Bucks County, PA will see its first Lidl store when it opens in a former Pathmark in Warminster later this year. And according to township officials, Weis Markets will fill a portion of the former Kmart building nearby, and Aldi is proposing a new store a few miles away. West Philadelphia In the […]
David Goodman | Feb 14, 2020 |
Supermarket News

Trader Joe's and Lidl opening new South Jersey stores

Nearly two years after the Cherry Hill, NJ planning board approved plans for a 14,770 square foot retail building at Towne Place at Garden State Park, which sent rumors flying about Trader Joe’s, a company spokesperson stated that a Trader Joe’s store is planning to open in Cherry Hill, most likely in the spring. Currently […]
David Goodman | Feb 10, 2020 |
Supermarket News

Earth Fare and Fairway Markets file for bankruptcy

Fairway Markets and Earth Fare recently filed for Chapter 11 bankruptcy protection, and both companies announced that they plan to go out of business. Fairway Markets, with 14 stores in the New York metropolitan area, reported in late January that it entered into a stalking horse asset-purchase deal to sell up to five New York […]
David Goodman | Jan 21, 2020 |
Supermarket News

Grocery was the big holiday sales winner

The National Retail Federation (NRF) said last week that among key retail categories, grocery saw the largest gain in 2019 holiday sales as compared to the previous year. The NRF reported 2.9% year-over-year growth for the sector, which includes grocery and beverage stores. The categories with the next largest gains were furniture and home furnishings […]
David Goodman | Jan 20, 2020 |
Supermarket News

Traditional supermarkets experiencing a resurgence, according to report

Dunnhumby, self-described as the global leader in customer data science, released its third annual U.S. Grocery Retailer Preference Index (RPI). The study examined the 60 largest retailers in the $700 billion U.S. grocery market to determine which ones have the strongest combination of consumer emotional sentiment and financial performance. Here are the top 10 retailers […]
David Goodman | Jan 20, 2020 |
Supermarket News

Giant planning Columbus Blvd store at Philly waterfront

The Philadelphia Business Journal reported Friday that Giant is planning another Philly store in another Tower Investments project. According to the report, Giant will occupy 46,000 square feet on Columbus Boulevard, along the Delaware River waterfront. It had been reported the previous week that Giant plans to open a store in a project proposed by […]
David Goodman | Jan 16, 2020 |
Supermarket News

Giant signs South Philadelphia lease

The Philadelphia Business Journal reported that Giant has signed a lease for a 40,000 square foot store in Bart Blatstein’s South Philadelphia development at Broad Street and Washington Avenue. According to the story, plans call for the supermarket to be part of the first phase of the project that includes 80,000 square feet of retail […]
David Goodman | Jan 13, 2020 |
Supermarket News

Giant to spend $114M on distribution center and PA store renovations

Giant announced that it plans to open a new distribution center in Philadelphia, remodel the St. David’s, PA store and open an Heirloom Market at Abbott’s Square in the Queen Village section of Philadelphia. In all, the company plans to spend about $114 million on new projects across the state over the next 18 months. […]

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