RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jun 11, 2018 |

Dollar stores continue to increase food and beverage offerings

A story in Supermarket News earlier this month reports that Dollar General and Dollar Tree are pushing ahead with plans to increase their food and beverage offerings. Dollar General Dollar General reported that consumable sales rose significantly in the quarter ending May 4, which helped the company fuel a gain in total sales as well […]

David Goodman | Jun 11, 2018 |

MOM's Organic Market opens 19th store

MOM’s Organic Market opened its 19th location earlier this month in Gaithersburg, MD.  The 16,000 square foot store follows recent openings in White Marsh, MD, Cherry Hill, NJ, Baltimore, MD and Philadelphia, PA. According to Founder and CEO Scott Nash, the company doesn’t have openings scheduled for the next 12 to 18 months, but will […]

David Goodman | Jun 11, 2018 |

Amazon Go convenience stores slated for Chicago, San Francisco

Amazon confirmed last month that Amazon Go convenience stores are slated for Chicago and San Francisco, but no timetable was provided. The first Amazon Go, an 1,800 square foot store that carries mostly food and beverages along with some nonfood items like batteries and over-the-counter medicine, opened in Seattle in January. Go stores feature checkout-free shopping made […]

David Goodman | Jun 11, 2018 |

Lidl expands delivery via Shipt

Shipt announced last month that it has begun to offer online grocery delivery services for Lidl stores in Northern Virginia. The company said that fresh foods, household essentials and other grocery items ordered through its online marketplace can be delivered from Lidl stores in Ashburn, Fredericksburg, Manassas and Woodbridge in as soon as an hour. […]

David Goodman | Jun 11, 2018 |

Target continues to expand same-day and next-day delivery

Last month Target announced that it rolled out its Target Restock service nationwide, and that the company has expanded its Shipt same-day delivery service in six midwestern states. Restock According to Target, more than 75% of the U.S. population can order from an assortment of 35,000 items and have their “Restock box” delivered to their door […]

David Goodman | Jun 11, 2018 |

Several Aldi stores opening soon in Southeastern PA

The Mercury reported recently that Aldi plans to open stores in Pottstown and Malvern, with the Pottstown store slated to open at the end of this month, and the Malvern store coming in the fall. And last week The Delaware County Times reported that Aldi would open on June 14 in the former Giant supermarket […]

David Goodman | Jun 06, 2018 |

Lidl replaces U.S. CEO

Lidl announced that it has replaced U.S. CEO Brendan Proctor less than a year after its initial expansion into America. Proctor’s successor is Johannes Fieber, who most recently served as CEO of Lidl Sweden. Although Lidl initially estimated it would open 100 stores by the end of 2018, the company currently  has only 53 stores […]

David Goodman | May 14, 2018 |

Study shows that online grocery shopping and meal kit purchases are increasing

A recent study by Valassis concluded that consumers are embracing new grocery shopping options like online ordering and delivery, and meal kits. Of 1,000 U.S. adults surveyed, 7% said they order groceries online weekly, but that increases to 14% for parents, 12% for millennials, and 15% for millennials with children. In addition, 5% of all […]

David Goodman | May 14, 2018 |

Instacart raises money to fuel expansion, add employees

Instacart announced last month that it received $350 million in financing from Coatue Management, a technology-focused hedge fund, and noted that it has raised more than $1 billion since 2012, with most of it still in the bank. According to the company, the additional funding will be used to double its employee count, fuel expansion, […]

David Goodman | May 11, 2018 |

Amazon adding Prime perks at Whole Foods

After several weeks of speculation, the news broker earlier this month that Amazon is planning new Whole Foods benefits for its Prime members. According to a CNBC report, “the new perks will bring the might of Amazon’s membership program to the grocery industry, folding Whole Foods into a network other grocers are struggling to compete […]

David Goodman

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

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