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David Goodman | Jan 22, 2015 |
Supermarket News

Walmart leads list of top 75 food retailers

The Supermarket News released its annual list of the top 75 food retailers in the United States and Canada. Here’s a summary: The top 10: 1.  Walmart *2.  Kroger3.  Costco *4.  Loblaw (Canadian grocer)5.  Safeway6.  Publix7.  Ahold (Giant et al)8.  C&S Wholesale Grocers9.  Albertsons (Acme et al)10. H-E-B * includes sales of consumable items only […]
David Goodman | Jan 22, 2015 |
Supermarket News

Whole Foods celebrates five years at Plymouth Meeting Mall

It’s been five years since Whole Foods Market opened its 65,000 square foot store at the Plymouth Meeting Mall. Although Mall stalwarts Macy’s and Boscov’s are three times the size of the supermarket, the store’s popularity make it a safe bet to refer to the mall as “Whole Foods – anchored.” Although I don’t have […]
David Goodman | Jan 22, 2015 |
Supermarket News

Family Dollar approves deal with Dollar Tree

It was announced this morning that Family Dollar shareholders approved the proposed $8.5 billion merger with Dollar Tree, ending months of speculation over whether Dollar Tree or Dollar General would merge with Family Dollar. According to reports, the combined companies will operate more than 13,000 stores in 48 states and Canada, with sales of more […]
David Goodman | Jan 20, 2015 |
Supermarket News

Dollar General may be out of the bidding for Family Dollar

It was reported earlier this week that analysts believe Dollar General may be dropping its bid for Family Dollar. The reason cited is the Federal Trade Commission’s requirement for up to 4,000 store divestitures as a result of a deal between the two companies. A deal between Family Dollar and Dollar Tree would require only […]
David Goodman | Jan 15, 2015 |
Supermarket News

Supervalu experiencing growth, ready to take on Aldi

Last week Supervalu announced that all three business segments – wholesale, Save-A-Lot and traditional food retail – grew in the company’s fiscal third quarter. Overall, the company had $4.2 billion in sales, a 4.8% increase over the same quarter last year. Net earnings were $79 million. Supervalu’s wholesale business plans for growth in the near […]
David Goodman | Jan 15, 2015 |
Supermarket News

Analyst predicts Whole Foods to go on buying spree

Stock analyst Charles Grom of Sterne Agee said last month that he thinks “conditions are ideal for Whole Foods to go on an acquisition spree in 2015.” According to Supermarket News, he cited the growing number of competitors, the falling valuation of Whole Foods stock in recent years, and the company’s strong balance sheet. Grom […]
David Goodman | Jan 15, 2015 |
Supermarket News

Aldi testing credit cards in select markets

Aldi announced last month that it is testing credit cards in several U.S. markets, including Minnesota and Syracuse, NY. The test includes the acceptance of Visa, MasterCard, Discover and American Express. Aldi’s parent company is already accepting credit cards in England, Scotland and Wales. Analysts believe the change is an attempt by Aldi to increase […]
David Goodman | Jan 15, 2015 |
Supermarket News

Target Express scouting sites in Philly

The Philadelphia Business Journal and other media outlets reported earlier this week that Target is scouting sites in Philadelphia for its Express stores. Target Express, typically about 20,000 square feet and located in an urban environment, offers fresh food, grab-and-go food, a pharmacy, beauty, electronics and other products. The first Target Express store opened last […]
David Goodman | Jan 08, 2015 |
Supermarket News

Giant to close Upper Gwynedd, PA store

Giant Food announced earlier this week that it would close the Upper Gwynedd, PA location it purchased from Safeway (Genuardi’s) in 2012. The associated pharmacy, located less than a mile away in North Wales, will close as well. Both closings are planned for January 24. Giant purchased 16 area stores from Safeway in 2012. At […]
David Goodman | Jan 07, 2015 |
Supermarket News

Mom's Organic Market to open Center City Philly store

Supermarket News reported yesterday that Mom’s Organic Market, which operates 12 stores including one in Bryn Mawr, PA, has signed a lease for 16,000 square feet in Center City Philadelphia. The site is part of a redevelopment on 11th Street between Market and Chestnut Streets spearheaded by National Real Estate Advisors. According to the company’s […]

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