RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Sep 10, 2012 |
Supermarket News

Report says supermarket share loss will slow

A report issued last week by Moody’s Investors Service predicts that the rate at which supermarkets have been losing share to alternative formats in the last 10 years will slow. According to the report, sales-building strategies by leading grocers such as Kroger, Wegmans, Safeway, Whole Foods and others will successfully attract customers. However, “the performance […]
David Goodman | Sep 07, 2012 |
Supermarket News

Whole Foods growth is good for REITS

An article on SeekingAlpha.com last week described how Whole Foods’ growth is helping its landlords, which often are major U.S. shopping center REITs. The story cited research that says supermarket industry revenue will grow an estimated 0.4 percent this year, while Whole Foods sales may rise as much as 16 percent. With shopping center construction […]
David Goodman | Sep 07, 2012 |
Supermarket News

Supervalu to close 60 stores, including three area Acmes

Supervalu announced Wednesday that it will close 60 stores on or before December 1. Among the closures are four Acme stores, two of which are in PA (Sharon Hill and Falls Township) and one in NJ (Glassboro). The fourth Acme location is in Maryland. Amelia’s Grocery Outlet already has a signed lease to replace Acme […]
David Goodman | Aug 31, 2012 |
Supermarket News

Top grocery chains buying up shopping centers

Demand among investors for grocery-anchored shopping centers is high, and grocery chains are buying up many of the centers in what may be both a defensive and cost-saving move, according to a story last week on retailtrafficmag.com. The defensive purchase by a grocery chain limits the uncertainty that a new shopping center owner brings. At […]
David Goodman | Aug 30, 2012 |
Supermarket News

Store growth for The Fresh Market set at 15% annually

The Fresh Market, which operates 121 stores in 24 states, said it plans to open 14-16 new stores next year and plans to maintain a 15% growth rate for the foreseeable future. The company opened 11 stores so far this year and has three to five openings planned in the second half of the year. […]
David Goodman | Aug 30, 2012 |
Supermarket News

Buyers looking at Supervalu units, but not the entire company

According to a Bloomberg story last Friday, Supervalu (Albertsons, Acme, Save-A-Lot, among others) has received several inquiries from potential buyers interested in individual units of the company, but would prefer to sell off the entire business as a whole. Supervalu hired Goldman Sachs and Greenhill & Co. earlier in the summer to find a buyer. […]
David Goodman | Aug 24, 2012 |
Supermarket News

Ahold reports higher sales, remains cautious about the future

Ahold USA, parent company of Giant and Stop & Shop, reported yesterday that sales increased 3.4% to $6 billion in the second quarter as compared to the same period a year ago. The company also announced gains in identical-store sales and operating margin (to 4.3%). Worldwide, Ahold’s net income rose on higher sales. CEO Dick […]
David Goodman | Aug 24, 2012 |
Supermarket News

Bottom Dollar still operating at a loss

Delhaize Group, parent for Food Lion and Bottom Dollar, among others, released its second quarter earnings earlier this week. U.S. sales were down (sales were slightly higher when excluding the 126 stores closed in February), as were comparable-store sales, operating profits and margins. Worldwide, sales for Delhaize Group increased for the quarter while profits dipped. […]
David Goodman | Aug 24, 2012 |
Supermarket News

Aldi pulls knives from shelves, Yankee fans enjoy bat day

The first 10,000 kids who entered Yankee Stadium at a recent game received a bat, thanks to Curtis Granderson Bat Day. Baseball officials were stunned at the number of Australian men who attended the game. However, the recent news that Aldi pulled its supply of $10 pocket knives from its shelves in Australia over concerns […]
David Goodman | Aug 24, 2012 |
Supermarket News

Weis to replace Pathmark in Huntingdon Valley

The Marketplace at Huntingdon Valley, site of a 52,000 SF Pathmark that closed earlier this year, will soon feature a 62,000 SF Weis supermarket that will sell wine and beer by the glass in its cafe. According to the shopping center owner, Weis Markets will invest $5 – $8 million in the store for improvements […]

David Goodman

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

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