RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Aug 23, 2023 |

Giant closing fulfillment centers in VA, MD and DE

Giant announced the upcoming closing of an 80,000 SF fulfillment center in Manassas, VA that the company opened just a few months ago, according to a report by Washington D.C. news group WTOP. According to Giant, the fulfillment center was opened with the goal of completing delivery orders in three hours. Giant now says it’s […]

David Goodman | Aug 22, 2023 |

ShopRite to roll out inventory management robot

Wakefern announced that it is bringing AI-powered robotics to more ShopRite supermarkets following a successful pilot at 20 stores over the last several months. The Tally robot, a product of California-based Simbe, provides store associates with information to ensure products are stocked, in the right location, and correctly priced. According to Wakefern, Simbe’s real-time insights […]

David Goodman | Aug 17, 2023 |

Aldi to acquire Winn-Dixie and Harvey's Supermarket stores

Aldi has entered into an agreement to purchase a total of 400 Winn-Dixie and Harvey’s Supermarket stores from Southeastern Grocers. Terms of the deal haven’t been disclosed. Aldi now plans on having about 2,400 stores by the end of the year, and as a result of the acquisition, an expanded footprint in Georgia, Florida, Alabama, […]

David Goodman | Aug 09, 2023 |

Save-A-Lot completes transition to a wholesaler by selling it's last 18 stores to Leevers

Discount grocery operator Save-A-Lot announced that it has sold the last of its stores to a licensee but will continue to operate as a wholesaler and licensor to the Save-A-Lot store network. Colorado-based Leevers, which already operates 29 Save-A-Lot stores in Colorado, Philadelphia, and New Jersey, purchased the 18 stores, all based in the St. […]

David Goodman | Aug 03, 2023 |

Wawa at Drexel University testing touchscreen-only shopping experience

Wawa’s newly renovated store at Drexel University in Philadelphia has no shelved products. Other than coffee, which remains self-serve, customers have to order products using a touch screen or Wawa’s mobile app. The store, at 3300 Market Street, reopened on July 26. Wawa spokesperson Lori Bruce said they will be gathering feedback from customers and […]

David Goodman | Jul 31, 2023 |

Amazon cutting jobs at Fresh grocery stores

According to a CNBC report, Amazon is reorganizing its grocery store operations, resulting in job cuts at Fresh stores. And The Washington Post says those job cuts are in the hundreds. “Like any retailer, we periodically assess our stores’ organizational needs and make decisions to increase efficiencies for our employees and deliver customer value,” said […]

David Goodman | Jul 25, 2023 |

Amazon to implement palm-scanning payment option in all Whole Foods stores

CNBC reported that Amazon’s palm-scanning payment technology will be in all Whole Foods stores by the end of this year. First launched in 2020 and currently in 200 Whole Foods locations, the technology has processed three million “uses” so far, according to Amazon. To use this payment method, customers simply wave their palm over a […]

David Goodman | Jul 17, 2023 |

KOP and Burlington among Lidl closures

Lidl closed its stores in King of Prussia, PA and Burlington Township, NJ, yesterday, along with other locations in New Jersey (Howell), Virginia, North Carolina and South Carolina. The King of Prussia store opened last year and Burlington opened in 2020. At the same time, Lidl still plans to open more stores, including one later […]

David Goodman | Jun 29, 2023 |

Lower Makefield (PA) Wegmans to open Q1 2024

Wegmans supermarket in Lower Makefield Township (Bucks County, PA) is expected to open in the first quarter of next year, according to Jim Majewski of the township. The 94,024 square foot store is part of Pickett Preserve, a mixed-use retail and residential development. Retailers and restaurants planning to join Wegmans include Chase Bank, CVS, Firebirds […]

David Goodman | Jun 26, 2023 |

Amazon rumored to have interest in purchasing British online grocer with Kroger ties

Shares for British online grocer Ocado Group soared last week based on a Bloomberg report regarding “speculation of bid interest” from Amazon and other technology firms. Ocado Group has had a partnership with Kroger since 2018 in which they construct robotically-operated warehouses in the U.S. According to a Supermarket News story, Ocado paused the rollout […]

David Goodman

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

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