RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 21, 2013 |
Supermarket News

ShopRite to open 75,000 SF store in Camden

The news spread quickly yesterday that ShopRite is planning a 75,000 square foot supermarket in Camden, NJ, which would be the first such store Camden has had since the early 1980s. Plans for a 20-acre retail shopping center at South 17th Street and Admiral Wilson Boulevard were unveiled by representatives of the Goldenberg Group and […]
David Goodman | Mar 21, 2013 |
Supermarket News

Whole Foods planning a health resort

USA Today reported last week that Whole Foods plans to open an upscale health resort where guests could stay and learn about a healthier lifestyle. The resort would most likely open in Austin, Texas, where the company plans to expand its headquarters. The story says Whole Foods co-founder John Mackey is negotiating for real estate and […]
David Goodman | Mar 21, 2013 |
Supermarket News

Walmart ramping up its smaller-format stores

Wal-Mart said earlier this month that its smaller-format stores are making inroads against dollar stores, supermarkets and pharmacies, and that the company will increasingly move toward stores below 60,000 square feet. During the current fiscal year, Wal-Mart’s Bill Simon said they expect to open about 115 smaller-format stores, with The Neighborhood Market and Express locations […]
David Goodman | Mar 21, 2013 |
Supermarket News

The Fresh Market sees income, sales rise in fiscal 2012

Earlier this month The Fresh Market reported that net income for their fourth quarter rose 12.6% to $20.6 million on sales of $369.9 million, a 15.3% increase (compared to the same period a year ago). Comparable-store sales rose 1.9% during the same period. For the full year, which ended January 27, net income rose 24.7% compared […]
David Goodman | Mar 21, 2013 |
Supermarket News

A&P to see $130 million gain from real estate transactions

A&P, parent company of Super Fresh, Pathmark and others, announced last week that pending leasehold sales and sale-leaseback deals are expected to generate in excess of $130 million for the company. The properties affected were not identified. President Sam Martin said the additional liquidity will help A&P invest in its stores and execute its strategic initiatives. A&P, […]
David Goodman | Mar 05, 2013 |
Supermarket News

Philly Whole Foods adds delivery service

Last month Whole Foods on South Street in Center City Philadelphia began offering a free grocery delivery service to a specified area surrounding the store. Customers just need to order at least $30 worth of products and limit their order to four bags of goods (that’s all the bikes can hold!). According to the company, […]
David Goodman | Mar 05, 2013 |
Supermarket News

Dollar Tree reports sales increase; won't add tobacco

Dollar Tree announced last week that its net earnings improved by 10.2% in the fourth quarter as compared to the same period a year ago. A 15.4% sales increase was a major factor, along with a slight improvement in margins and an extra week in the quarter. Comparable-store sales for the quarter increased 2.4%. In […]
David Goodman | Mar 05, 2013 |
Supermarket News

Grocers take top 3 spots in experience ratings

The third annual Temkin Experience Ratings, which evaluate a company’s overall customer experience, came out last week, and grocery chains fared well. Based on a study of 10,000 consumers, Publix, Trader Joe’s and Aldi earned the highest scores. Here are the top 12 performers: 1 – Publix 2 – Trader Joe’s 3 – Aldi 4 […]
David Goodman | Mar 05, 2013 |
Supermarket News

Ahold USA reports sales increase

As compared to the same time period a year ago, U.S. sales at European-based Ahold improved 4.3% in the fourth quarter to $6.1 billion, and identical-store sales improved by 1.4%. Ahold USA includes Giant, Stop & Shop, Martin’s Food Markets and Peapod. For the fiscal year, U.S. sales increased 3.1% to $25.8 billion. Worldwide, Ahold […]
David Goodman | Feb 27, 2013 |
Supermarket News

Study shows Wal-Mart's price advantage over Target is growing

According to Kanter Retail’s semi-annual pricing study, Wal-Mart is widening the gap over Target. A basket of branded goods at the world’s largest retailer was 4% less expensive than the same basket at Target, which represents the largest gap since the study began in 2009. The last time Target’s basket was less expensive than Wal-Mart’s […]

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