RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Jun 26, 2023 |
Supermarket News

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 | Jun 24, 2023 |
Supermarket News

Instacart "Caper Cart" coming to ShopRite in NJ

The Caper Cart is coming to New Jersey! (I didn’t know what that meant either.) Instacart’s smart shopping cart, known as the Caper Cart, is coming soon to the ShopRite of Spotswood, NJ. The cart automatically recognizes and rings up groceries, provides recommendations to shoppers, and allows customers to check out directly from the cart. […]
David Goodman | Jun 12, 2023 |
Supermarket News

Food and Beverage Sales up at Target

Target announced last month that although total sales were only 0.5% higher in the last quarter as compared to the same quarter a year ago, food and beverage sales were up in the high single digits. It’s a trend Target hopes will continue as they try to increase grocery revenues. Last year only 21% of […]
David Goodman | Jun 05, 2023 |
Supermarket News

Wegmans closing Boston area store

Wegmans announced that it plans to close its 134,000 square foot, multi-level store at the Natick Mall outside of Boston later this summer. The supermarket, one of the chain’s largest, opened in 2018. A Wegmans spokesperson said the “non-traditional location” was unable to attract enough customers. Wegmans added that it did not have plans to […]
David Goodman | May 16, 2023 |
Supermarket News

Federal Realty and Amazon suing each other over planned Amazon Fresh store that hasn't opened

According to published reports this morning, Federal Realty is suing Amazon for defaulting on its lease and not opening its planned Amazon Fresh store in Willow Grove, PA. Amazon is countersuing, alleging that Federal did not complete its required work. The Willow Grove site is one of several in the Philadelphia region where an Amazon […]
David Goodman | May 15, 2023 |
Supermarket News

Weis Markets to anchor mixed-use center in Middletown, DE

The Blenheim Group reported last week that Weis Markets plans to anchor Bayberry Town Center in Middletown, DE, its proposed 280,000 square foot shopping center in the 1,500-acre planned community known as the Village of Bayberry. At 64,000 square feet, Weis will be joined by about 185,000 square feet of adjacent retail and nine pad […]
David Goodman | May 15, 2023 |
Supermarket News

Wawa breaks ground on first NC store

Wawa broke ground last Friday on its first planned location in North Carolina. The store, at 1900 N. Croatan Highway in Kill Devil Hills in the Outer Banks, is expected to open next year. Wawa also has plans for stores in Wilmington and Elizabeth City, NC, but no timetable has been set.
David Goodman | May 10, 2023 |
Supermarket News

Giant to open store across from Acme in Jenkintown, PA

Giant announced that it plans to construct a new 50,000 square foot store at the corner of Old York and Wyncote Roads in Jenkintown, PA, where Glanzmann Subaru used to operate its dealership. Blank Aschkenasy is the developer. Construction is slated to start following the entitlement and permit process. There is no projected opening date […]
David Goodman | May 07, 2023 |
Supermarket News

Wawa traffic on the rise, Placer names it one of "10 Retail Brands to Watch"

A report earlier this year from Placer.ai found that Wawa, one of Placer’s “10 Top Retail Brands to Watch in 2023,” can attribute much of its success to its ability to shift priorities and strategies in the face of rising prices and shifting post-Covid work routines. The report also mentioned that Forbes ranked Wawa number […]
David Goodman | May 07, 2023 |
Supermarket News

Survey says Wegmans and H-E-B are best in class

We know that Walmart accounts for the most grocery dollars in the U.S., but according to a recent survey, the world’s largest retailer accounts for almost twice as much as second place Kroger. The survey, conducted by MarketForce and called “US Grocery Benchmark Study: Consumer Experiences and Competitive Benchmarks,” was based on answers from 6,555 […]

David Goodman

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