RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Sep 09, 2019 |
Supermarket News

Are Aldi and Trader Joe’s related?

It’s a popular question, and the answer is no. They do have a shared history, though. Aldi opened its first store in Germany in the early 1900s. After World War II, the owner’s sons took over and expanded the business into one of the largest grocery chains in Europe, with hundreds of locations. In 1960 […]
David Goodman | Sep 09, 2019 |
Supermarket News

Redner’s Fresh Market to open in former Audubon, PA Genuardi’s site

Redner’s Fresh Market plans to open this fall in a former Genuardi’s location in Audubon, PA. It will be the second Fresh Market for Redner’s, which operates warehouse grocery stores and Quick Shoppe convenience stores in Pennsylvania, Maryland and Delaware. Redner’s President Ryan Redner said in a press release that the Audubon store will be […]
David Goodman | Sep 09, 2019 |
Supermarket News

Grocery Outlet opens 19th PA store

With the opening of a store in Warminster last month, Grocery Outlet now has 19 locations in Pennsylvania. And more may be coming soon, as the company is actively seeking locations in the market. Earlier this summer Grocery Outlet went public, and now trades on the Nasdaq market. The discount grocer has about 325 stores […]
David Goodman | Sep 09, 2019 |
Supermarket News

Atlantic City making a play for ShopRite to open in food desert

New Jersey’s Casino Reinvestment Develop Authority, which is trying to bring a supermarket to Atlantic City, voted in late August to designate Village Supermarkets as the developer and operator of a 40,000 square foot store near the city’s convention center. Village Supermarkets owns and operates 30 ShopRite stores in New Jersey, New York, Pennsylvania and […]
David Goodman | Sep 09, 2019 |
Supermarket News

Target’s small stores and big remodels are paying off

Target announced recently that it opened its 100th small-format store and finished remodeling its 500th location. The large-scale effort has paid off so far, as the company’s share price has surged to new highs and its most recent earnings report beat analysts’ estimates. According to COO John Mulligan, Target is on pace to open 30 […]
David Goodman | Sep 09, 2019 |
Supermarket News

Lidl continues PA/NJ expansion w/Royersford store

Lidl opened its third PA store last month in Royersford, and more are planned for Greater Philadelphia communities. A Trooper, PA store is set to open in mid-September, and construction recently started on a Lansdale, PA location that was formerly occupied by Acme. The Royersford, Trooper and Lansdale locations are in Montgomery County. Lidl recently […]
David Goodman | Sep 09, 2019 |
Supermarket News

Giant planning two-story, 65,000 SF Philly store at Riverwalk

Giant Food Stores is planning a two-story, 65,000 square foot supermarket at Riverwalk, a mixed-use development under construction on the Schuylkill River along 23rd Street in Center City, Philadelphia. The store, which will have an outdoor terrace and indoor parking, will be located in a building that will include 291 apartments. It is expected to […]
David Goodman | Sep 09, 2019 |
Supermarket News

Wegmans proposed for Lower Makefield in Bucks County, PA

A Yardley, PA developer has proposed a mixed-use development in Lower Makefield, PA that would include Wegmans as well as 55,000 square feet of retail and 200 apartments on a 36-acre property. The project, called Prickett Run at Edgewood, would also include a clubhouse, courtyard, splash fountain, amphitheater, and the preservation of an historic building […]
David Goodman | May 14, 2019 |
Supermarket News

Redner's transforms store into Wegmans-like experience

An article in the Reading Eagle last month described how Redner’s Markets, the Berks County-based grocery chain known for its no-frills, low-price, warehouse-style grocery stores, is changing its strategy in an attempt to gain customers. According to reporter Jeff McGaw, the vibe in its Wyomissing, PA store “has become a little less ‘canned goods for […]
David Goodman | May 14, 2019 |
Supermarket News

Amazon Go store opens in NYC, accepts cash

The opening of the Amazon Go store last week in New York City represents the chain’s 12th location, and the first to accept cash. The 1,300 square foot store is located in downtown Manhattan, across from One World Trade Center and on the second level of an upscale mall that includes shops, food vendors and […]

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