RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jun 12, 2015 |
Supermarket News

Whole Foods to open "365 by Whole Foods Market" stores

Whole Foods has been talking about its new, smaller format since May, and rumors have been swirling about what they will call the chain. It was reported today that Co-CEO Walter Robb told the Associated Press the name will be “365 by Whole Foods Market,” which reflects the name of their house brand, “365 Everyday […]
David Goodman | Jun 04, 2015 |
Supermarket News

Giant and Food Lion parent companies in merger talks

Ahold and Delhaize confirmed last month that they are in the early stages of merger talks, and analysts believe a deal could be struck this year. Ahold is the parent company for Ahold USA, which includes Giant Food, Martin’s, Stop & Shop, and Peapod. The Delhaize Group includes Delhaize America, which consists of Food Lion […]
David Goodman | Jun 04, 2015 |
Supermarket News

Center to be anchored by Costco under construction in Lehigh Valley

Construction began last month for Hamilton Crossings, the Trexlertown, PA retail center that plans to include Costco, Target, Whole Foods, Nordstrom’s Rack, Dick’s and PetSmart, among others. In all, developers Tim Harrison and the Goldenberg Group expect the center to include 33 retailers. The projected opening date is in July, 2016.
David Goodman | Jun 04, 2015 |
Supermarket News

Costco's success a result of CEO's leadership

Costco is successful, and I believe the primary reason is Chairman and CEO Craig Jelinek and his business philosophy. Examples of his beliefs are evident in the following quotes from an article published last month by Supermarket News. “Companies sometimes lose their way because they lose their core values and culture. Your business can evolve, […]
David Goodman | May 11, 2015 |
Supermarket News

Whole Foods to launch value-focused format

It was widely reported last week that Whole Foods plans to launch a new value-focused format that will be “unlike anything that currently exists in the marketplace,” according to Co-CEO Walter Robb. Robb added that the company has already begun negotiating leases, is building a team to focus exclusively on the new concept, and expects a […]
David Goodman | May 11, 2015 |
Supermarket News

Analyst says Albertsons IPO speculation is premature

The supermarket trade publications have been buzzing with reports about an Albertsons IPO now that the Safeway merger has taken place. However, a Wall Street analyst told Supermarket News last week that the reports are probably premature. The analyst cited the difference in the two companies’ go-to-market strategies, and the fact that Safeway has a loyalty […]
David Goodman | May 11, 2015 |
Supermarket News

Weis plans for $92 million in capital spending

Weis announced late last month that they plan to invest $92 million in capital spending this year to grow and upgrade its stores, information technology systems and supply chain. According to Chairman Jonathan Weis, there are 12 store projects underway and another 23 in active planning stages. There is also a major upgrade planned for […]
David Goodman | May 11, 2015 |
Supermarket News

Aldi on the verge of changing the grocery landscape

A Forbes article published last month characterized Aldi as a nuisance to many of America’s most venerable food retailers and manufacturers, and called it a major force that is on the verge of changing the grocery retailing landscape. The story cited Aldi’s strategy of selling largely its own privately branded knockoffs of established American foods, […]
David Goodman | Apr 24, 2015 |
Supermarket News

Report says more Philadelphians have access to groceries than in 2005

A recent report from The Reinvestment Fund (TRF), a community development financial institution based in Philadelphia, found that many more Philadelphians live near a full-service grocery store compared to 10 years ago. In fact, the number of residents without access to a grocery store dropped 56 percent. Nationwide, the number of residents without grocery access […]
David Goodman | Apr 24, 2015 |
Supermarket News

Walgreens to cut 200 U.S. stores

Walgreens Boots Alliance Inc. reported earlier this month that it plans to close 200 drug stores in the U.S. as part of an overall plan to cut $500 million in costs. The cost cutting plan also includes a corporate reorganization. The merger between Walgreens and Alliance Boots, operator of the U.K. chain Boots as well as a […]

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