RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 29, 2018 |
Supermarket News

Aldi planning a major product expansion in 2019

Earlier this month Aldi announced a major product expansion to go along with its ongoing efforts to open new stores and upgrade existing locations. With the product expansion, slated to roll out early next year, Aldi says 20% of items in every store will be new when compared to the product mix during the same […]
David Goodman | Aug 28, 2018 |
Supermarket News

Walmart testing self-driving cars and robots

Walmart’s vice president of digital operations said late last month that the company plans to pilot an online grocery service with self-driving cars that pick up customers at their homes and take them to the store to collect their orders. Walmart plans to test the service in Chandler, AZ with Waymo, formerly Google’s self-driving car […]
David Goodman | Aug 28, 2018 |
Supermarket News

Amazon launches 30-minute curbside pickup at Whole Foods

Amazon announced earlier this month that it has launched a new curbside pickup service for Amazon Prime members at select Whole Foods stores. The service is currently available in Sacramento, CA and Virginia Beach, VA, and Amazon plans to expand it to other cities later this year. Through the service, customers can place orders via […]
David Goodman | Aug 28, 2018 |
Supermarket News

Weis Markets launching same-day delivery via Shipt

Weis Markets announced that it will rollout same-day delivery via Shipt beginning on September 6 in 11 markets throughout Pennsylvania, Delaware and Maryland. Shipt, based in Alabama and owned by Target, said the rollout will give nearly 2.6 million households access to products delivered from Weis in as soon as one hour. The same-day service […]
David Goodman | Aug 24, 2018 |
Supermarket News

Kroger partners with China e-commerce giant Alibaba

Kroger announced last week that it plans to test sales of its Simple Truth natural and organic brand  through Alibaba, China’s largest e-commerce retailer. The move will give Alibaba’s 500+ million Chinese consumers access to Kroger’s Simple Truth brand. Kroger pointed out that the partnership supports its strategic plan to redefine the grocery customer experience […]
David Goodman | Aug 24, 2018 |
Supermarket News

Two women visited all 97 Wegmans stores in one week

According to several news reports, two “Wegmaniacs” decided to spend their vacation time by visiting all 97 Wegmans stores in one week. Yes, two women traveled nearly 4,000 miles in six states doing nothing but driving to and from Wegmans. Apparently they documented their journey on Instagram. I don’t know the account name, and I’ve […]
David Goodman | Aug 24, 2018 |
Supermarket News

Target posts best quarter in over a decade

Target announced this week that the company’s second quarter results were its strongest in more than a decade, fueled by a 6.5% same-store sales increase, as well as a 6.4% increase in customer traffic. Last year Target began implementation of a strategy that earmarked $7 billion to improve digital operations, expand private label collections, lower […]
David Goodman | Aug 23, 2018 |
Supermarket News

Rite Aid calls off Albertsons deal

The planned merger between Albertsons and Rite Aid was called off earlier this month due to concerns that the drug store chain’s investors wouldn’t approve the deal. At issue was the $24 billion price, which many of the stockholders and third party advisory firms felt was insufficient. The deal was originally announced in February and […]
David Goodman | Aug 23, 2018 |
Supermarket News

Giant opens new, improved store in Feasterville

Earlier this month Giant Food opened its new Feasterville, PA location. The new store is 66,000 square feet, approximately 25 percent larger than the store down the street that closed a day before the new Giant opened. The new location includes an expanded fresh produce department with more organic selections, fresh-squeezed juices, in-store cut fruit, […]
David Goodman | Jul 25, 2018 |
Supermarket News

Study finds that most consumers still want to buy groceries in stores

According to a recent Forbes.com story, The Food Marketing Institute estimates that online grocery sales will reach $100 billion by 2025, or about 20% of the grocery retail market. Today it is estimated that 2.0% to 4.3% of industry sales originate online. Amazon currently leads the way in the online grocery market, with an 18% […]

David Goodman

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

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