RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | May 09, 2022 |
Supermarket News

Weis Markets has record sales in '21; plans for $150 million in CapEx

Weis Markets announced earlier this month that it plans to increase its capital expenditures by 11% to $150 million for 2022 by investing in new stores, remodels, fuel centers, IT upgrades and store improvement projects. The increase in spending follows a year in which the grocer generated $4.2 billion in net sales, its highest total […]
David Goodman | May 02, 2022 |
Supermarket News

Amazon's physical store sales grow 17.1% in first quarter

Despite an overall loss in the first quarter of nearly $4 billion (due to an investment valuation loss), Amazon experienced a double-digit gain in the first quarter by its brick-and-mortar stores. For the quarter ended March 31, physical-store sales, which include Whole Foods Market, grew 17.1% compared to the same quarter last year. The increase […]
David Goodman | May 02, 2022 |
Supermarket News

BJ's to open new, smaller format store

BJ’s Wholesale Club has unveiled a new, smaller-format store called BJ’s Market that’s about half the size of a normal club location. The 43,000 square foot store is scheduled to open later this week in Warwick, RI. According to BJ’s, the new concept will offer fresh foods, produce, sundries and seasonal products, among others, and […]
David Goodman | Apr 17, 2022 |
Supermarket News

Study shows that 87% of grocery shoppers still prefer the in-store experience

A report released earlier this year by Advantage Sales revealed that nearly nine in 10 households’ principal shoppers buy their groceries mostly or only in person, even though online grocery has increased significantly since the pandemic. The study of more than 1,000 U.S. adults who do at least half of their household’s grocery shopping reported […]
David Goodman | Apr 17, 2022 |
Supermarket News

The Fresh Market sits atop USA Today "Best Supermarkets" list

The Fresh Market recently topped the list of the “Best Supermarkets in America” in USA Today’s 2022 10Best Readers’ Choice Awards. The specialty grocer, which operates 159 stores in 22 states, finished number one in the poll last year as well. Midwestern grocer Hy-Vee came in second, followed by Aldi. Here’s the complete top 10 […]
David Goodman | Apr 17, 2022 |
Supermarket News

Grocery Outlet now offering Instacart delivery

Grocery Outlet, the “value grocer” that has been actively expanding in the Greater Philadelphia market, announced last week that it has rolled out Instacart’s online delivery service to almost all of its stores. According to the company, nearly 400 stores in Pennsylvania, California, Oregon and Washington now offer Instacart’s same-day delivery service. The Instacart rollout […]
David Goodman | Apr 10, 2022 |
Supermarket News

Wakefern exec talks about the pandemic, supply chain issues and inflation

Wakefern, the privately owned cooperative celebrating its 75th year, has had to deal with supply chain issues and spiking inflation since the beginning of the pandemic, just as its many competitors have. According to Executive Vice President Chris Lane, the company has navigated the pandemic by investing in automated checkout lanes, robot delivery carts that […]
David Goodman | Apr 10, 2022 |
Supermarket News

Aldi remains America's fastest-growing grocer

JLL’s Grocery Tracker 2022 report stated that total grocery sales reached $803 billion in 2021, and a report by Datex indicated that Aldi was the most active grocer over the course of the year, just as it was during the two previous years. And the discount grocery retailer is showing no signs of slowing down, […]
David Goodman | Mar 27, 2022 |
Supermarket News

Fresh Street makes debut in Chicago with pickup-only grocery store

Fresh Street, a pickup-only grocery store, opened last week in Chicago. It’s an e-grocery platform available via a mobile app on iOS or Android that offers 4,000 SKUs of food and nonfood items for free curbside pickup within 30 minutes of the order being placed. To use the service, customers open an account online or […]
David Goodman | Mar 27, 2022 |
Supermarket News

Thousands of bees stolen from Giant HQ in Carlisle

According to a report last month, about 60,000 bees were stolen from The Giant Company headquarters in Carlisle, PA. The hives were reportedly taken from an apiary. “Bees are an essential part of our food supply chain and having these beehives were one way we were helping to address the declining bee population here in […]

David Goodman

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

Call David

1.484.417.2219

Envelope Linkedin-in Instagram