RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | Feb 14, 2021 |

ShopRite closing 62 in-store pharmacies

Wakefern announced last month that it plans to close pharmacies in 62 ShopRite stores in New Jersey, Pennsylvania, Delaware, Maryland, New York and Connecticut. The in-store pharmacies have struggled in recent years as prescriptions by mail and the lack of expanded services like in-store clinics and patient counseling have negatively impacted their businesses. The closings […]

David Goodman | Feb 14, 2021 |

Aldi to open 100 new stores, add 500 more curbside pickup sites in 2021

Aldi announced last week that it plans to open about 100 new stores this year and extend curbside pickup to 500 more stores. The discount grocer said the expansion will be “coast to coast” and focus on Arizona, California, Florida and the Northeast. Aldi opened nearly 100 stores last year and now operates more than […]

David Goodman | Feb 10, 2021 |

Wegmans one step from approval in Lower Makefield, PA

The proposed Wegmans in Lower Makefield Township (Bucks County), PA is gaining steam, as the township’s planning commission voted unanimously to recommend land development approval late last month. The mixed-use development will now go before the township’s board of supervisors for a final vote. The proposed project includes a 100,000 square foot Wegmans, 200 luxury […]

David Goodman | Feb 10, 2021 |

Giant to build new, larger store in Doylestown

It was reported late last month that the existing Giant supermarket at Cross Keys Place in Doylestown, PA will move into a new, bigger store where Kmart once stood in the same shopping center. Kmart closed in 2019 and was razed to make way for the 72,500 square foot Giant that is expected to open […]

David Goodman | Feb 04, 2021 |

Costco finally testing curbside grocery pickup

After holding out for quite some time compared to other food retailers, Costco has begun piloting curbside pickup for groceries in New Mexico. According to its website, same-day Costco Curbside Pickup via Instacart is available at three warehouse clubs where customers can select from about 2,000 grocery items, including fresh fruit and some nonfood products. […]

David Goodman | Jan 24, 2021 |

Amazon tops consumer survey ranking grocery retailers; beats Trader Joe's and others

In a recent survey of 10,000 U.S. consumers, Amazon was the preferred retailer for groceries, beating out Trader Joe’s and other regional and national chains. The survey was conducted by consumer data science firm dunnhumby. The top 25%, in order, were as follows: Amazon H-E-B (#1 in 2020) Trader Joe’s (#1 in 2018 and 2019) […]

David Goodman | Jan 13, 2021 |

Lidl has three stores in the works for Bucks County

Lidl is reportedly planning three new Bucks County, PA supermarkets. They are slated for Warminster, Bristol Township and Bensalem. The Warminster location is planned for a parcel where a Pathmark once stood on York Road, near the intersection of Street Road, across from Archbishop Wood High School. Madison New Falls Associates recently reeived approval from […]

David Goodman | Jan 13, 2021 |

Sources say Jeff Brown considering a run for Philly Mayor

The Philadelphia Tribune reported last week that Brown’s Super Stores President and CEO Jeff Brown is weighing a run for mayor in 2023. Brown owns and operates several ShopRite stores in Philadelphia and the suburbs, and has garnered goodwill over the years by placing supermarkets in food deserts, employing a largely African American workforce, and […]

David Goodman | Dec 28, 2020 |

Price appreciation compared for homes near Aldi, Trader Joe's and Whole Foods

Homes near an Aldi grocery store realized an average five-year home price appreciation of 41 percent, according to ATTOM Data Solutions’ annual Grocery Store Wars analysis, which was released just before Christmas. Trader Joe’s (35%) and Whole Foods (33%) were close behind. The study shows how living near a Trader Joe’s, Whole Foods or an […]

David Goodman | Dec 23, 2020 |

Giant Supermarket proposed for Richboro Plaza in Bucks County

Earlier this month the Northampton Township (Bucks County) Planning Commission recommended approval for plans to redevelop Richboro Plaza on 2nd Street Pike with a new, 50,340 square foot Giant supermarket. Giant will be built on the site of the former Murray’s Richboro Market, which operated there from 1978 until 2018. Murray Battleman, who ran the […]

David Goodman

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

Call David