RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Feb 22, 2016 |

Key Food Co-op acquires Super Fresh name

Earlier this month the Key Food Cooperative reported that it had acquired the Super Fresh brand from A&P and that it is “planning to open several stores under the Super Fresh banner in the near future, the first of which may be as early as this month.” Key Food previously acquired the Food Emporium banner […]

David Goodman | Feb 22, 2016 |

The Fresh Market opens in Philly's Chestnut Hill

The Fresh Market grocery store opened in Chestnut Hill late last month. It’s the chain’s first Philadelphia store, and its fifth in Pennsylvania. The market takes up 21,000 square feet on the ground floor of a new mixed-use property that includes 20 condominium units. The site was formerly occupied by a Magarity Ford dealership that […]

David Goodman | Feb 22, 2016 |

Lidl releases detailed criteria for U.S. expansion

Lidl, the European supermarket powerhouse that’s acquiring land up and down the east coast as it plans for a 2018 U.S. launch, introduced a website last month outlining its preferred site criteria and guidelines for potential suppliers. The website invites submissions of properties available for purchase in New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina, […]

David Goodman | Feb 22, 2016 |

Save-A-Lot planning six new PA/NJ stores

It was reported last month that Save-A-Lot, the discount grocer that Supervalu is looking to spin off, plans to open six new stores in Pennsylvania and New Jersey. Two of these stores will open soon in Philadelphia, and one in Norristown, PA. The other locations are planned for Lebanon, PA, Pottstown, PA and Trenton, NJ.

David Goodman | Feb 22, 2016 |

Acme opens Jersey Shore stores

Acme continued its recent comeback with the opening of a 50,000 square foot store in Barnegat, NJ in a location vacated by Genuardi’s in 2012. Acme now has 178 stores across Pennsylvania, New Jersey, Delaware, Maryland, New York and Connecticut. The opening in Barnegat, a Jersey Shore town, follows the opening of a store five […]

David Goodman | Feb 22, 2016 |

Supermarket with no staff opens in Sweden

A grocery store with no staff has opened in Sweden. The store, located in a small seaside resort in the southern part of Sweden, is controlled by customers via an app. It responds to shopper requests day and night, all year round. Once customers are registered, they simply enter the store, scan their items, pay […]

David Goodman | Feb 22, 2016 |

ShopRite, Wawa coming to Northeast Philadelphia

A ShopRite-anchored center that will also include Wawa will receive a total of $12.5 million in tax credits to fund its construction, which is expected to start in a couple months. The center will be located in the Wissinoming section of Philadelphia (lower Northeast) and will be about 110,000 square feet.

David Goodman | Jan 27, 2016 |

ShopRite and Samsung to allow customers to order groceries from their refrigerators

At the Consumer Electronics Show in Las Vegas earlier this month, Samsung showed off its new Family Hub refrigerator that will allow owners to order groceries from ShopRite through the appliance’s built-in screen. ShopRite plans to integrate its online grocery service with the Groceries by MasterCard app that comes with the refrigerator. According to published […]

David Goodman | Jan 27, 2016 |

Dollar Tree adds 8 Philly area stores

Dollar Tree announced earlier this month that it plans to open eight new stores in Philadelphia and the Pennsylvania suburbs. The new stores are in the following locations. Bensalem, PA Fairless Hills, PA Levittown, PA Southampton, PA Chester, PA Woodlyn, PA Philadelphia, PA (Morrell Ave.) Philadelphia, PA (Broad St.) The company has been in expansion […]

David Goodman | Jan 21, 2016 |

Walmart to close 269 stores, including all Express stores

Walmart announced last week that it plans to close 269 stores, including all of its 102 Walmart Express small-format stores. Of the store closings, 154 will take place in the U.S. According to Walmart, the impacted stores represent less than 1 percent of the 11,600 stores worldwide and will impact 16,000 employees (10,000 in the […]

David Goodman

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

Call David