RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Sep 30, 2014 |
Supermarket News

Peapod expands to Lehigh Valley

Peapod announced yesterday that it has introduced its home and business delivery service to parts of Lehigh and Northampton Counties in Pennsylvania. Peapod delivery is now available in Allentown, Bethlehem, Easton and several other area communities. Peapod is a division of Ahold USA (Giant Food), and now offers its service to over 15 million households […]
David Goodman | Sep 30, 2014 |
Supermarket News

Supervalu customer data hacked for second time in six weeks

Supervalu experienced a security breach in its data systems for the second time in six weeks, the company said yesterday. According to the company, an intruder installed malware into the portion of its computer network that processes payment-card transactions for some of its retail customers. Supervalu does not believe the intrusion succeeded in capturing data […]
David Goodman | Sep 30, 2014 |
Supermarket News

Whole Foods embracing technology via Instacart and Apple partnerships

Whole Foods announced earlier this month it would partner with Instacart to offer customers one-hour delivery service, as well as an option to place orders through Instacart for in-store pick-up. The delivery service will start in the 15 cities Instacart currently operates in, including Philadelphia. The in-store pick-up service will start in select Austin, TX […]
David Goodman | Sep 17, 2014 |
Supermarket News

C&S Wholesale bids to acquire AWI

C&S Wholesale Grocers has entered into an agreement with Associated Wholesalers Inc. (AWI) that would make C&S the “stalking horse” bidder in an upcoming bankruptcy auction. AWI filed for Chapter 11 bankruptcy last week. C&S’s offer is subject to offers by other interested parties. C&S is the largest wholesale grocery supply company in the U.S. […]
David Goodman | Sep 17, 2014 |
Supermarket News

Amelia's Grocery Outlet parent to be purchased by investment firm

“Extreme-value” retailer Grocery Outlet, which operates 198 stores in the Western U.S. plus 16 Amelia’s supermarkets in Pennsylvania, has entered into an agreement to be acquired by Hellman & Friedman, an investment firm in San Francisco. The chain’s principal owner for the last five years has been Berkshire Partners, based in Boston. The chain was […]
David Goodman | Aug 27, 2014 |
Supermarket News

Family Dollar rejects Dollar General's higher offer, to pursue deal with Dollar Tree

Last week I blogged about Dollar Tree’s $8.5 billion deal for Family Dollar Stores, which was followed by Dollar General’s $9.2 billion cash offer for the same company. A few days ago Family Dollar rejected the higher offer and said it will pursue its prior agreement with Dollar Tree, citing antitrust considerations. Dollar General said […]
David Goodman | Aug 19, 2014 |
Supermarket News

Delhaize may pull the plug on Bottom Dollar

Food Trade News reported in its August issue that Bottom Dollar Foods, a division of Delhaize America, “has reportedly felt enough competitive heat and is exploring the sale of its 66 stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.” 46 of the 66 stores are in the Greater Philadelphia market. Reportedly several retailers […]
David Goodman | Aug 19, 2014 |
Supermarket News

Walmart's Neighborhood Markets are thriving, but at what price?

Walmart reported its second quarter earnings, and despite the company’s seventh straight quarter without sales growth at stores open at least one year, as well as a downgraded full-year profit outlook, Walmart reported that its small-scale Neighborhood Market locations are thriving. Neighborhood Market same-store sales grew by 5.6% compared to the previous quarter, and traffic grew […]
David Goodman | Aug 19, 2014 |
Supermarket News

Dollar General and Dollar Tree fighting for Family Dollar Stores

In late July it was announced that Dollar Tree would buy competitor Family Dollar Stores in a cash and stock deal worth $9.2 billion, and that both companies unanimously approved the merger. However, reports today said that Dollar General offered $9.7 billion in cash for Family Dollar. Today’s move by the top dollar store in […]
David Goodman | Aug 19, 2014 |
Supermarket News

Grocery dominates Top 100 Retailers list

The National Retail Federation released its Top 100 U.S. Retailers list, with Walmart on top with $334 billion in sales, about three-and-a-half times the sales of runner-up Kroger. As a merchandise segment, grocery continues to prove that it’s a driving force. According to the study, eight of the nation’s 10 largest retailers drive a significant portion […]

David Goodman

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