RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Oct 09, 2017 |

Supermarket News

Whole Foods price reductions hit competitors hard

Thasos Group, a New York-based research firm, issued a report based on mobile phone location data that showed that Amazon’s lower prices at Whole Foods contributed to a 17 percent rise in foot traffic for Whole Foods stores the week of August 28, and that traffic remained modestly higher by mid-September. Amazon officially merged with […]

David Goodman | Oct 09, 2017 |

Supermarket News

Costco announces new online grocery program

Last week Costco announced an expanded relationship with Instacart, and a new online shopping service called CostcoGrocery. Instacart, which is currently offered at 376 U.S. Costco stores, will gradually expand to additional locations over the next year. CostcoGrocery is a service that includes about 500 nonperishable dry grocery items and provides free delivery on orders […]

David Goodman | Oct 02, 2017 |

Supermarket News

Albertsons to purchase meal-kit company Plated

Albertsons announced recently that it plans to acquire New York-based meal-kit company Plated, which has annual sales of over $100 million, according to a story in Supermarket News. The deal will allow Plated, which will operate as a wholly-owned subsidiary of Albertsons, to operate well beyond its subscription model with new distribution points, including Albertsons […]

David Goodman | Oct 02, 2017 |

Supermarket News

Lidl CEO reportedly concerned with U.S. performance

A German newspaper reported last week that the former CEO of Lidl Spain, Michael Arnada, would be appointed to a Lidl divisional board with oversight of the United States. According to the report, Arnada’s appointment is to address Lidl CEO Klaus Gehrig’s concern that the performance of Lid’s 37 operating stores has been weaker than […]

David Goodman | Oct 01, 2017 |

Supermarket News

ShopRite tops in New Jersey with 139 stores

A story on NJ.com last month listed the 10 biggest supermarket chains (by number of stores) in New Jersey. Here’s the list. ShopRite – 139 storesAcme – 77Stop & Shop – 61Target – 44Aldi – 42Walmart – 29BJ’s Wholesale Club – 23Kings Food Market – 23Save-A-Lot – 22Key Food – 22 Stores in New Jersey […]

David Goodman | Oct 01, 2017 |

Supermarket News

Whole Foods announces credit and debit card hack

Whole Foods announced on Friday that credit and debit card information of customers who bought meals or drinks at its in-store restaurants or bars was exposed to hackers. The company said that the data breach did not affect its main checkout registers or any Amazon.com shoppers. Whole Foods said it was investigating the breach.

David Goodman | Oct 01, 2017 |

Supermarket News

Mom's Organic Market opens in Center City Philly

Mom’s Organic Market opened in Center City Philadelphia last month. The store – at 34 South 11th Street – marks Mom’s first Philly store, and their third store in the PA/NJ/DE market (Bryn Mawr, PA and Cherry Hill, NJ). The new store features all-organic produce, an all-vegetarian in-store cafe, and even a recycling center for […]

David Goodman | Oct 01, 2017 |

Supermarket News

Fresh Grocer not leaving UPenn site anytime soon

I reported in April about the kerfuffle in the University City section of Philadelphia between Fresh Grocer and UPenn (Fresh Grocer and UPenn in litigation over Acme deal). Well, the fight rages on. Last spring the University of Pennsylvania announced that Acme would replace Fresh Grocer, stating that the incumbent grocery store failed to renew […]

David Goodman | Oct 01, 2017 |

Supermarket News

Survey says millennials shop for groceries differently than the rest of us

According to a recent survey by the International Council of Shopping Centers, 99 percent of adults in the U.S. buy some or all of their groceries in person. Those surveyed cited immediate access to products and the ability to select fresh meat, dairy and produce as the top reasons. The survey also revealed that 93 […]

David Goodman | Sep 20, 2017 |

Supermarket News

Kroger drops lawsuit against Lidl

The trademark suit filed by Kroger against Lidl in July for allegedly copying its “Private Selection” generic brand name and logo has been dismissed. Both sides agreed earlier this month to dismiss the federal case with prejudice, which means the case can not be refiled. Kroger had charged Lidl with violations of federal trademark and […]

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