RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 17, 2017 |

Target focusing on grocery and new delivery service

Target announced earlier this week that it hired executives from Walmart and General Mills in an effort to boost its grocery business.  The company also announced that it would buy delivery logistics company Grand Junction so it could offer same-day delivery service to in-store shoppers. Target and rival Walmart are continually making efforts to compete […]

David Goodman | Aug 16, 2017 |

Aldi to add Instacart online shopping in select markets

Aldi announced Monday that it would begin offering online ordering and delivery later this month via Instacart in Atlanta, Dallas and Los Angeles, with “potential for future expansion.” Instacart currently serves nearly 40 markets in 25 states, and provides online ordering and delivery for companies like Whole Foods, Wegmans, Giant, and others.

David Goodman | Aug 16, 2017 |

Report predicts that traditional supermarkets will decline rapidly

A report released by Inmar predicts that nearly one in four traditional grocery stores won’t be around in five years. Inmar is an analytics and technology-enabled service provider in the retail space. The report concludes that dollar share for traditional supermarkets will continue to decline through 2021, while fresh, limited assortment and warehouse stores will […]

David Goodman | Aug 14, 2017 |

Survey shows that 9% of households shop for groceries online

According to Gallup’s annual Consumption Habits survey, just 9% of adults in the U.S. report that their household shops online for groceries at least once a month. On the other hand, almost all Americans report that someone in their family shops in person for groceries at least once a month, with 83% percent going at […]

David Goodman | Aug 09, 2017 |

Walmart reacting to Lidl with aggressive pricing

Reports state that Walmart is reacting “quickly and aggressively” to Lidl’s entry into the U.S. market. According to its website, Lidl now has 21 stores open in three states – North Carolina, South Carolina and Virginia – with plans in the next year for as many as 100 more in states from New Jersey to […]

David Goodman | Aug 09, 2017 |

Sprouts expands relationship with Amazon

Despite speculation that Amazon’s partnership with Sprouts Farmers Market may end due to the online giant’s pending acquisition of Whole Foods, last week Sprouts confirmed plans to expand its relationship with Amazon Prime Now. “Our partnership with Amazon Prime Now continues to grow,” said Sprouts CEO Amin Maredia. “We will be delivering Sprouts products through […]

David Goodman | Jul 28, 2017 |

Kroger files suit against Lidl over private label concerns

Kroger filed a lawsuit against Lidl last month, claiming that in its new U.S. stores, Lidl, copied its Private Selection private label and was profiting from consumer confusion between the similar-sounding and similar-looking packages. In the lawsuit, Kroger sought a preliminary injunction that would prevent Lidl from selling its Preferred Selection products, as well as […]

David Goodman | Jul 28, 2017 |

Acme lowering prices to compete with Aldi, Lidl

According to reports, Acme is advertising “thousands” of new lower prices in sales flyers released this morning. The price breaks come amidst the continued expansion of Aldi and ahead of Lidl’s anticipated Greater Philadelphia store openings. Aldi is known as grocery’s low price leader (lower than Walmart!), and reports indicate that Lidl’s new stores in […]

David Goodman | Jul 24, 2017 |

Jana Partners sells Whole Foods stock for big profits

Last April, Jana Partners revealed it had acquired an 8.3% ownership stake in Whole Foods, and publicly stated that its goal was to gain board representation in order to lobby for a number of changes at the company, including a potential sale or merger. In a series of transactions on the open market between February […]

David Goodman | Jul 24, 2017 |

Whole Foods shareholder files suit to block Amazon deal

The Dallas News reported recently that a Whole Foods shareholder filed suit to block the proposed Amazon – Whole Foods merger on the grounds that the transaction understates the grocery chain’s value and isn’t being conducted with sufficient transparency. The shareholder, who is seeking class-action status, says the proxy statement issued by Whole Foods failed […]

David Goodman

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

Call David