RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Apr 03, 2024 |
Supermarket News

Amazon to abandon cashierless payments in grocery stores

Amazon announced that in a response to customer feedback it is discontinuing its “Just Walk Out” technology at Amazon Fresh grocery stores in the U.S. The “Just Walk Out” technology uses artificial intelligence to enable shoppers to take items off the shelf, walk out of the store, and have the bill charged directly to their […]
David Goodman | Mar 25, 2024 |
Supermarket News

FTC claims larger grocers used pandemic to increase profits

The Federal Trade Commission released a report last week accusing large grocers like Walmart, Amazon and Kroger of using pandemic-era supply chain disruptions “as an opportunity to further raise prices and increase their profits, which remain elevated today.” The report also claims that consumers were hit with skyrocketing prices for groceries and shortages on products […]
David Goodman | Mar 11, 2024 |
Supermarket News

Aldi leads fastest growing grocers of 2023

According to a report by JLL, the fastest growing grocers opened 253 stores and added 8.4 million square feet of new space last year. Aldi was the most aggressive grocer in terms of expansion, opening 109 locations. The report listed other fast-growing grocers, including the following: Publix – 38 new stores in 2023 Sprouts Farmers […]
David Goodman | Mar 05, 2024 |
Supermarket News

Whole Foods launching urban small-format concept

Whole Foods announced that it is planning to open “quick-shop” small format stores ranging between 7,000 and 14,000 square feet in urban neighborhoods. The stores will be called Whole Foods Market Daily Shop and the first location is slated to open later this year at 1175 Third Ave on the Upper East Side in Manhattan. […]
David Goodman | Feb 27, 2024 |
Supermarket News

FTC files lawsuit to stop Kroger-Albertsons merger

The Federal Trade Commission filed a lawsuit Monday to block the proposed Kroger – Albertson $24.6 billion merger, claiming it would be an “anticompetitive” deal that would create a monopoly. Attorneys general from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon, and Wyoming joined the lawsuit. AGs in Washington and Colorado […]
David Goodman | Feb 25, 2024 |
Supermarket News

Fresh produce now sold at more than 5,000 Dollar General stores

Earlier this year Dollar General reported that it now offers fresh fruits and vegetables at more than 5,000 locations. The company operates more than 19,000 stores in 48 states with plans for continued expansion. Former Dollar General CEO Jeffrey Owen announced the company’s intention to offer fresh produce in at least 5,000 stores by the […]
David Goodman | Feb 25, 2024 |
Supermarket News

Wegmans planning second Manhattan store

Wegmans confirmed that it signed a lease for a 58,874 square foot former Bed Bath and Beyond store in Manhattan at 1932 Broadway. The company currently operates one Manhattan store, which it opened last year at 770 Broadway, the former site of the Astor Place Kmart. “Prior to opening our Astor Place store, we were […]
David Goodman | Feb 20, 2024 |
Supermarket News

Grocery Outlet to acquire United Grocery Outlet

Grocery Outlet announced that it plans to acquire United Grocery Outlet, a discount grocer operating in the Southeast. The deal is expected to close in the second quarter of this year. United Grocery Outlet, which is celebrating its 50th year in business, has 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia. Grocery […]
David Goodman | Feb 17, 2024 |
Supermarket News

Kroger pledges to lower prices and invest in stores following merger with Albertsons

As Kroger faces regulatory scrutiny over its planned acquisition of Albertsons, the company says it will lower prices following the merger. Specifically, Kroger says it will invest $500 million to lower prices following the close of the deal, and invest $1.3 billion to improve Albertsons stores. Kroger added that it invested more than $125 million […]
David Goodman | Feb 02, 2024 |
Supermarket News

Wawa to open modular construction stores with drive-thru

An article posted on C-Store Dive’s website earlier this week stated that Wawa is planning to open drive-thru locations made using modular construction methods. The buildings are fabricated off-site with the pieces then assembled on location, according to a spokesperson for Modlogiq, the construction company Wawa is working with. Modligiq also said the first location […]

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