RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Nov 13, 2017 |
Supermarket News

Amazon/Whole Foods working on new formats; AmazonFresh cuts service

Amazon revealed during its third quarter earnings conference call that it is working with Whole Foods executives on new grocery store formats. “There will be a lot of work together between Prime Now, AmazonFresh, Whole Foods, Whole Foods products on the Amazon site, (and) Amazon Lockers at the Whole Foods stores,” according to Amazon CFO […]
David Goodman | Nov 09, 2017 |
Supermarket News

Whole Foods CEO finds Amazon culture "challenging"

A Forbes story last month reported that Whole Foods CEO John Mackey is struggling with the Amazon culture, describing it as “challenging” in a recent speech. Mackey announced that he has scheduled a retreat to help him and other top Whole Foods executives better align with Amazon’s “higher purpose.” In a short period of time, […]
David Goodman | Nov 09, 2017 |
Supermarket News

Whole Foods data breach hits Greater Philly area stores

It was reported about a month ago that Whole Foods had experienced a data breach where some customer credit and debit card info was hacked (Whole Foods announces credit and debit card hack). Shortly thereafter it was revealed that some stores in the Greater Philadelphia area were included in the breach. The cyber attack, which […]
David Goodman | Nov 09, 2017 |
Supermarket News

Lidl opening first New Jersey store next week

Lidl’s first New Jersey store is slated to open in Vineland next Thursday, November 16. The German retailer has stores in 28 countries, and currently has 41 stores in five U.S. states. Several stores are slated for Pennsylvania, but none are expected to open this year.
David Goodman | Nov 04, 2017 |
Supermarket News

Moody's downgrades The Fresh Market

A Supermarket News story last month reported that The Fresh Market’s effort to increase store traffic through investments in price have not been successful, and same-store sales are expected to decline for the rest of the year. Supermarket News cited Moody’s Investor Service as the information source. Moody’s recently categorized The Fresh Market’s corporate family […]
David Goodman | Nov 04, 2017 |
Supermarket News

Mixed reviews for Lidl so far

A recent story on fooddive.com reported that shoppers are giving Lidl’s new U.S. stores mixed reviews. The German grocer currently has 41 stores open in five states, with plans to establish at least 100 stores from New Jersey to Georgia by next summer (although multiple sources have reported delays in store openings due to slow sales). According to the […]
David Goodman | Oct 29, 2017 |
Supermarket News

Vince 'Jim' Genuardi, supermarket pioneer, dead at 88

Vincent “Jim” Genuardi, who along with his brothers built the Genuardi’s Family Markets supermarket chain, died earlier this month. He was 88 years old. At its height, the Genuardi’s chain had 33 stores and 7,000 employees in Pennsylvania, New Jersey and Delaware. Genuardi’s daughter, Lisa Genuardi Wilson, said her father “was part of the committee […]
David Goodman | Oct 10, 2017 |
Supermarket News

Walmart adding same-day and in-home delivery to select markets

Walmart announced last week that it acquired Parcel, a technology-enhanced delivery company with experience in same-day perishable delivery. The company plans to use Parcel to help fulfill orders through Jet and Walmart in New York City. Parcel uses routing algorithms, a fleet of vehicles and trained employees to sort, load and deliver packages to customers. […]
David Goodman | Oct 10, 2017 |
Supermarket News

Target expanding "Restock" delivery service

Target announced last month that it plans to expand Target Restock, its next-day delivery service, to eight new markets, including Philadelphia. Target Restock allows customers to fill a shopping cart-sized box with household items and have it delivered the next day for $4.99. Over 15,000 household items, including baby products and cleaning supplies, are eligible […]
David Goodman | Oct 09, 2017 |
Supermarket News

Kroger - Ahold merger rumors have started

Last week the Cincinnati Business Courier reported that an analyst report out of Europe speculated that Kroger was pursuing a merger with Ahold Delhaize (Giant, Food Lion, Stop & Shop, Peapod, among others). On Wednesday of last week, Supermarket News reported that it was not able to verify the substance of the claim. Analysts have talked […]

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