RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Feb 14, 2019 |

Price comparison finds Whole Foods, Acme as most expensive in Philly

A December story on Philly.com reported the findings of a Consumers’ Checkbook study that compared prices of 19 grocery stores in the region. The lowest prices? Walmart. The highest? Whole Foods. “When Amazon purchased Whole Foods last year, many consumers were excited by the prospect of paying Amazon-like prices for Whole Foods-quality products,” said Checkbook […]

David Goodman | Feb 12, 2019 |

Trader Joe's to end grocery delivery in Manhattan

Trader Joe’s announced that effective March 1, the company will cease grocery delivery services in Manhattan stores. According to Business Insider, an email statement from Trader Joe’s cited cost and the availability of other delivery services in the area. Unlike most leading grocers, Trader Joe’s typically does not provide online grocery shopping, nor does it […]

David Goodman | Feb 12, 2019 |

Lidl planning to take part of vacant Acme in Lansdale, PA

Lidl presented plans to Towamencin Township last month to take over about half of the former Lansdale, PA Acme that closed last summer. Acme occupied about 60,000 square feet. “We’re definitely looking at opening this year, this calendar year. That’s the hope,” said Sam Kachidza, Real Estate Manager of Acquisitions for Lidl U.S. The site […]

David Goodman | Feb 12, 2019 |

No plans for more Whole Foods 365 stores

Whole Foods announced last month that the company will not open any more Whole Foods 365 stores, but the 12 existing stores will remain in business. The smaller 365 stores were launched in 2016 and featured Whole Foods private-label products in an attempt to lure customers who wanted to avoid the full-sized stores, also known […]

David Goodman | Feb 12, 2019 |

Walmart has quickly become the top online grocer in the U.S.

The world’s largest retailer is quickly becoming a big factor in online grocery shopping. In fact, consumer market researcher Packaged Facts said late last year that 23% of online grocery consumers cited Walmart as the retailer they use most for groceries. Amazon is the only retailer cited more often (38%). As far as in-store grocery […]

David Goodman | Feb 06, 2019 |

Giant's Heirloom Market to open more Philly stores

Giant opened its first Heirloom Market in the Graduate Hospital neighborhood of Philadelphia less than two weeks ago, and according to the company, three more city locations will soon follow. An Heirloom Market store is scheduled to open this summer in University City, followed by stores in Northern Liberties and Queen Village. Giant’s small, urban […]

David Goodman | Jan 30, 2019 |

Sprouts to open 30 new stores in 2019

Sprouts Farmers Market announced earlier this month that it plans to open nine new stores in the second quarter of 2019. Overall, the company expects to open about 30 new stores for the year, the same as in 2018. The stores opening in the second quarter are in New Jersey (Marlton), Louisiana, Virginia, Florida (2), […]

David Goodman | Jan 30, 2019 |

Trader Joe's tops annual Retailer Preference Index

According to Dunnhumby’s second annual Retailer Preference Index (RPI), Trader Joe’s was the top grocery retailer, followed by Costco, Amazon, H-E-B and Wegmans. In a survey of 7,000 U.S. households, the RPI examined 56 grocery retailers to determine which companies have the strongest combination of consumer emotional sentiment and financial performance. Market Basket finished 6th, […]

David Goodman | Jan 30, 2019 |

Giant/Martin's and Stop & Shop to add robots that roam store aisles

Giant Food Stores announced earlier this month that each of its Giant/Martin’s and Stop & Shop stores will soon feature a 6-foot, 5-inch, 130-pound robot named Marty.  Marty will scan the aisles for fallen items, and will move around slowly enough for customers to take selfie’s with it, according to President Nicholas Bertram. The effort […]

David Goodman | Jan 27, 2019 |

Several supermarket opening and closings announced

It’s been a busy month for opening and closing announcements. Here’s a sampling. Openings: Trader Joe’s, Lidl, McCaffrey’s, Wegmans, Giant Heirloom Market Closings: Weis, Acme, ShopRite Trader Joe’s is pursuing plans to open a store across Arch Street from the Pennsylvania Convention Center, according to a company spokesperson. The store will reportedly be on the […]

David Goodman

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

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