RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 01, 2018 |

Kimberton Whole Foods opens in Collegeville

Kimberton Whole Foods opened in Collegeville, PA last month in the midst of a nor’easter. The official grand opening, however, enjoyed better weather over the following weekend. The store represents the chain’s largest of six stores, all in the Pennsylvania suburbs. It features “a cafe with freshly-made juices, smoothies and sandwiches, specialty coffees, a hot […]

David Goodman | Apr 01, 2018 |

PA ranks second in organic food sales

According to a report published by the U.S. Department of Agriculture, Pennsylvania trails only California in the sale of organic products. Statewide consumption of organic foods in Pennsylvania has increased by about ten times over the past decade, and has doubled from 2015 and 2016. Nationwide, organic food sales reached $43 billion last year, an […]

David Goodman | Apr 01, 2018 |

BJ's expands Instacart partnership

BJ’s Wholesale Club, which has been marketing heavily to Sam’s Club customers since the Walmart-owned company closed several stores, has expanded its same-day delivery agreement with Instacart and will soon offer the service from all 215 stores. Instacart also recently expanded its partnership with Costco, Kroger and Aldi. According to Kroger, two-thirds of its customers […]

David Goodman | Apr 01, 2018 |

Rite Aid transfers 1,651 stores to Walgreens

Rite Aid announced last month that it has transferred 1,651 stores to Walgreens. In all, Walgreens is buying 1,932 stores and three distribution centers from Rite Aid for about $4.4 billion in cash. The transfer of the remaining stores to Walgreens will take place this spring. The remaining 2,500+ Rite Aid stores are being sold […]

David Goodman | Mar 27, 2018 |

Walmart adding grocery delivery in 100+ markets

Walmart announced that it plans to expand its online grocery delivery service to more than 100 metro areas around the country. The company says the service will be available to more than 40 percent of U.S. households by year-end. Currently Walmart’s grocery delivery service is available in six markets, where customers can receive their orders […]

David Goodman | Mar 27, 2018 |

Dollar General expanding store count, adding fresh produce

According to an article in Supermarket News, Dollar General plans to add 900 new locations this year and pending a successful market test, will add fresh produce to hundreds of remodeled locations. The company has introduced “traditional plus” stores that include 34 cooler doors to merchandise an expanded perishables assortment (by year-end, the company expects […]

David Goodman | Mar 26, 2018 |

Redner's closing its Doylestown, PA store

Redner’s Warehouse Market announced earlier this month that it plans to close its Doylestown Point Plaza store on March 31. Redner’s currently operates 44 grocery stores and 21 Quick Shoppes in Pennsylvania, Maryland and Delaware. “The lease on this location is approaching its end and the property owner presented us with an offer to end […]

David Goodman | Mar 07, 2018 |

Investments in grocery-anchored centers grew in 2017

Investments in grocery-anchored shopping centers grew by 5.3% last year compared to 2016, according to a report issued by Chicago-based Jones Lang Lasalle (JLL). The increase makes the grocery-anchored segment one of the few retail sectors to see real growth. The report also stated that grocery store openings declined by 29% in 2017, with several […]

David Goodman | Mar 07, 2018 |

Kohl's to add Aldi to stores in pilot program

Kohl’s announced last week that it will bring Aldi into as many as 10 stores later this year in an attempt to increase customer traffic and store productivity. The specific stores were not released. Earlier this year Kohl’s CEO Kevin Mansell said the company had “a whole list of partners” ready to fill the space […]

David Goodman | Mar 07, 2018 |

PA Dairy Farm sells 15,000 pastries on Fasnacht Day

In what apparently is an annual tradition at Oregon Dairy in Lititz, PA, Fasnacht Day was held last month and was a great success. A fasnacht is a Pennsylvania Dutch doughnut-style pastry historically served on Shrove Tuesday, also known as Fat Tuesday or Mardis Gras, to mark the beginning of fasting on Ash Wednesday. Oregon […]

David Goodman

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

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