RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 31, 2016 |

ShopRite not coming to Admiral Wilson Blvd in Camden

It was announced earlier this month that the much anticipated ShopRite planned for Admiral Wilson Boulevard in Camden won’t be coming after all. City officials announced three years ago that the supermarket would anchor a new shopping center, create permanent jobs and provide the community with access to fresh, affordable food. An explanation for the […]

David Goodman | Aug 22, 2016 |

Whole Foods announces September-October openings in PA

The new Whole Foods coming to the Main Line in Wynnewood – bigger and better than the old one – is scheduled to open on September 14. According to reports, the store will feature a juice and coffee bar, wood-fired pizzas, and a full-service pub called Table and Tavern. The pub will have a full […]

David Goodman | Aug 17, 2016 |

PA alcohol sales expand to grocery and convenience stores

Although it’s been widely publicized in Pennsylvania, those outside the state may not be aware that the laws here regarding wine and beer sales have entered the 20th century – sort of. (Yes, I know it’s the 21st century.) Here’s the deal. In PA, beer must be purchased at package stores, and only by the […]

David Goodman | Aug 09, 2016 |

bfresh stores to add grocery items and prepared foods

bfresh, the urban fresh concept that debuted nearly a year ago, is making substantial changes. According to parent company Ahold-Delhaize (Giant, Food Lion, Hanaford, Stop & Shop, Peapod), the store plans to add hundreds of branded packaged goods – from paper towels to peanut butter – to an assortment previously dominated by fresh, natural and […]

David Goodman | Aug 09, 2016 |

Private equity firms reportedly planning to bid on Save-A-Lot

A recent Reuters report stated that several private equity firms plan to bid on Save-A-Lot, currently a Supervalu banner, in the coming weeks. If the report is accurate, it is not likely that the discount grocer would be spun off as a public entity, as many thought it would. Reuters’ anonymous sources named Advent International; […]

David Goodman | Aug 09, 2016 |

Ahold-Delhaize trading as one entity, selling off stores to avoid antitrust concerns

Ahold-Delhaize began trading as a combined entity on Monday, July 25, a few days after the Federal Trade Commission issued a consent order allowing for the completion of the merger, subject to the sale of 81 stores due to antitrust concerns. According to the company, agreements have been made to sell all 81 stores, plus […]

David Goodman | Jun 14, 2016 |

Dollar General wants to double its store count

Dollar General announced last week that it is targeting up to 13,000 potential sites in the continental United States. If they are successful in opening stores in all the targeted locations, the company would double its current store count. “In trade areas where you probably only need one store for the next seven to 10 […]

David Goodman | Jun 14, 2016 |

Walmart revamping Neighborhood Market stores, testing car service delivery

Walmart plans to give its Neighborhood Market concept, a small-format supermarket, an in-store revamp to a new, “fresh and friendly” prototype to better compete with conventional food retailers and price-focused merchants (dollar stores, discount grocers, etc.). “We’ve created a more modern look and feel. We’ve changed the colors… You’ll see pick-up, you’ll see pharmacy and you’ll see fresh food,” said […]

David Goodman | Jun 08, 2016 |

Acme performance improving thanks to new playbook

Prior to Albertsons takeover of Acme in 2013, same-store sales at the one-time Greater Philadelphia market leader were negative in 27 of the previous 28 quarters. Today, thanks in large part to the parent company’s “operating playbook,” Acme is performing better than it has in years. According to a Supermarket News story last week, new […]

David Goodman | Jun 08, 2016 |

ShopRite, Weis, Grocery Outlet add stores

It was announced last month that Village Super Market, a Wakefern member that operates 29 ShopRite supermarkets, signed a lease for a 90,000 square foot store that will anchor a new mixed-use development in Old Bridge, NJ. The store is slated to open next summer. Plans for the development include 2,000 residential units and more than 500,000 square feet […]

David Goodman

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

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