RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 02, 2015 |
Supermarket News

Whole Foods reaches records sales in first quarter

Whole Foods announced last month that it had a record first quarter, with sales reaching $4.7 billion. That sales figure amounts to average weekly sales per store of $724,000, or sales per gross square foot of nearly $1,000. Co-CEO Walter Robb said the strong numbers were due to its customers’ positive response to the company’s […]
David Goodman | Mar 02, 2015 |
Supermarket News

Wegmans hopes for November opening in Chadds Ford

Wegmans announced last month that its store under construction in Chadds Ford is slated to open on November 8, barring any weather-related delays. The 140,000 square foot store will be the centerpiece of a shopping center called Brandywine Mills. The store manager and a Wegmans attorney appeared before the township supervisors to request a liquor […]
David Goodman | Mar 02, 2015 |
Supermarket News

Peapod now available in Harrisburg and York PA market

Ahold (Giant) announced last month that Peapod, its online grocery ordering and delivery service, is now available in the Harrisburg and York, PA markets. The area is serviced by a new fulfillment center in Camp Hill, PA. Peapod allows customers to create personal lists, read nutritional information and sort products by price. Customers can earn […]
David Goodman | Feb 20, 2015 |
Supermarket News

New Weis Market approved for Lower Macungie, PA

Last week the Lower Macungie (PA) Township planning commission recommended that the project featuring a new Weis supermarket along with 204 apartments and a gas station be approved. The proposed mixed-use project, known as Grandview Crossings, is planned for the Allen Organ property on Route 100. The township’s board of supervisors will vote on final […]
David Goodman | Feb 20, 2015 |
Supermarket News

Wakefern members on list of Top 50 Small Chains

Supermarket News released its annual list of the Top 50 Small Chains and Independent Supermarkets. Listed at number two on the list (but actually tied for the top spot) was Inserra Supermarkets, a New Jersey-based Wakefern member that operates 22 stores under the ShopRite banner. Inserra has annual sales of $1.2 billion, according to the […]
David Goodman | Feb 20, 2015 |
Supermarket News

Target to open eight more TargetExpress stores this year

Earlier this month Target announced that it plans to open 15 new stores this year, including eight small-format stores known as TargetExpress. These “quick-trip, convenience” stores are typically about 20,000 square feet and designed to cater to “growing city populations.” TargetExpress offers smaller package sizes geared towards instant consumption, like grab-and-go sandwiches, and “everyday essentials” like […]
David Goodman | Feb 17, 2015 |
Supermarket News

Amelia's conversion to Grocery Outlet banner nearly complete

As I reported last fall (Amelia’s Grocery Outlet parent…), Grocery Outlet has been in the process of converting the Amelia’s banner to Grocery Outlet, which will result in a consistent name throughout the entire country. It was reported yesterday that the conversion is nearly done. Starting tomorrow, visitors to Amelia’s website will be redirected to […]
David Goodman | Feb 16, 2015 |
Supermarket News

Wegmans tops annual "reputation" survey

Wegmans came out on top in the 16th annual Harris Poll Reputation Quotient study, which ranks companies’ perceived reputations. Wegmans was the only company to rank among the top five in each category – social responsibility, emotional appeal, products and services, vision and leadership, financial performance, and workplace environment. Also on the list: 2. Amazon.com […]
David Goodman | Feb 16, 2015 |
Supermarket News

Redner's succeeding by controlling costs

A Supermarket News story earlier this month reported that employee-owned Redner’s Warehouse Markets is competing successfully with Walmart and others thanks to rigorous cost controls. The company’s site selection strategy serves as a good example of these controls. “We tend to go to smaller rural towns or the outskirts of urban areas just due to […]
David Goodman | Jan 29, 2015 |
Supermarket News

FTC approves Safeway - Albertsons merger

On Tuesday the Federal Trade Commission approved the Safeway – Albertsons merger, setting the stage for the deal to close in a matter of days. In order to gain approval, both parties agreed to divest 168 stores in eight states. None of the stores slated for closure are in Pennsylvania or New Jersey. The combined […]

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