RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 29, 2019 |

Amazon offers free grocery delivery to Prime members

Amazon announced that beginning today, they will offer one- and two-hour grocery delivery to Prime members in certain geographic areas for no additional cost. Prime members, who pay a $119 annual membership fee, previously had to pay an additional $14.99 per month for the Amazon Fresh same-day grocery service. The free delivery service for Prime […]

David Goodman | Oct 27, 2019 |

ShopRite reopens in Mount Laurel as Trader Joe's opens second Philly store

Following an eight-month, $10 million renovation, ShopRite celebrated the grand reopening of its store in Mount Laurel’s East Gate Square last week. The expanded store has new lighting, ovens and flooring, as well as a sushi station, cheese area, sandwich station and salad bar. Trader Joe’s opened last week as well. The company’s second Center […]

David Goodman | Oct 27, 2019 |

Giant Delivers: revamped delivery platform in Mid-Atlantic

Earlier this month Giant Food of Landover announced the launch of Giant Delivers, a revamped version of its online delivery program formerly known as Peapod. The brand refresh is part of Giant’s “The Little Things are Giant” platform. Giant Food of Landover operates 163 supermarkets in Virginia, Maryland, Delaware and Washington DC. According to the […]

David Goodman | Oct 27, 2019 |

Lidl offers heath benefits to part-timers as Whole Foods drops them

Shortly after Whole Foods announced that it plans to eliminate health care benefits for part time workers, Lidl announced that it plans to offer health care coverage to all employees regardless of the number of hours they work weekly. Lidl said earlier this month that beginning January 1, 2020, about 1,200 part-time employees will be […]

David Goodman | Oct 27, 2019 |

Wegmans opens landmark stores in Brooklyn and Raleigh

Shortly after the opening of Wegmans’ 100th store, the company is celebrating the opening of store #101 today in Brooklyn. Located in the redeveloped Admirals Row site at the Navy Yard, the company’s first-ever New York City store is 74,000 square feet and features a second-floor mezzanine with nearly 100 seats for a cafe that […]

David Goodman | Oct 17, 2019 |

Walmart proves to be cheapest option for grocery delivery, now offering unlimited service

Last month CNBC compared prices on Amazon Prime Now, Peapod and Walmart for grocery items to be delivered in Northern New Jersey. They looked at 25 “everyday” items, including a mix of national brands and each retailer’s store brands, and organic and traditional products. The result? A cart of nearly identical items delivered to your […]

David Goodman | Oct 15, 2019 |

Wawa plans 40 stores in Northern Virginia

Wawa announced last month that it plans to open 40 stores in Northern Virginia in the next 15 years. The company currently operates about 850 stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania, Virginia and Washington, DC. Wawa’s Florida expansion began in 2012, and today there are 165 units in the state.

David Goodman | Oct 15, 2019 |

Brick and mortar supermarkets continue to lose market share

According to research by Inmar Analytics, traditional supermarkets lost food retail market share to nontraditional grocery competitors and convenience stores in 2018. Last year supermarkets, fresh formats, limited-assortment stores, superwarehouses and small grocery stores saw sales drop 1.1%, lowering dollar share 1.7% year over year to 43.8%. In addition, the traditional supermarket store count fell […]

David Goodman | Oct 15, 2019 |

Amazon technology to allow payment via hand scanning at Whole Foods

Several publications reported last month that Amazon is planning to introduce a biometric payment method in Whole Foods stores. In other words, customers with a Prime account and a card on file will be able to scan their hand at checkout to make a purchase. With this technology and payment method, customers won’t actually have […]

David Goodman | Sep 09, 2019 |

Walmart dominates online grocery in the U.S.

According to research published earlier this summer by Second Measure, Walmart is dominating the online grocery market in the U.S., with 62% more customers than its nearest competitor, Instacart. The rankings are as follows: 1. Walmart 2. Instacart 3. Amazon Prime Now 4. AmazonFresh 5. Shipt 6. FreshDirect 7. Peapod Interestingly, Walmart has less than […]

David Goodman

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

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