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David Goodman | Sep 17, 2014 |

Supermarket News

Amelia's Grocery Outlet parent to be purchased by investment firm

“Extreme-value” retailer Grocery Outlet, which operates 198 stores in the Western U.S. plus 16 Amelia’s supermarkets in Pennsylvania, has entered into an agreement to be acquired by Hellman & Friedman, an investment firm in San Francisco. The chain’s principal owner for the last five years has been Berkshire Partners, based in Boston. The chain was […]

David Goodman | Aug 27, 2014 |

Supermarket News

Family Dollar rejects Dollar General's higher offer, to pursue deal with Dollar Tree

Last week I blogged about Dollar Tree’s $8.5 billion deal for Family Dollar Stores, which was followed by Dollar General’s $9.2 billion cash offer for the same company. A few days ago Family Dollar rejected the higher offer and said it will pursue its prior agreement with Dollar Tree, citing antitrust considerations. Dollar General said […]

David Goodman | Aug 19, 2014 |

Supermarket News

Delhaize may pull the plug on Bottom Dollar

Food Trade News reported in its August issue that Bottom Dollar Foods, a division of Delhaize America, “has reportedly felt enough competitive heat and is exploring the sale of its 66 stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.” 46 of the 66 stores are in the Greater Philadelphia market. Reportedly several retailers […]

David Goodman | Aug 19, 2014 |

Supermarket News

Walmart's Neighborhood Markets are thriving, but at what price?

Walmart reported its second quarter earnings, and despite the company’s seventh straight quarter without sales growth at stores open at least one year, as well as a downgraded full-year profit outlook, Walmart reported that its small-scale Neighborhood Market locations are thriving. Neighborhood Market same-store sales grew by 5.6% compared to the previous quarter, and traffic grew […]

David Goodman | Aug 19, 2014 |

Supermarket News

Dollar General and Dollar Tree fighting for Family Dollar Stores

In late July it was announced that Dollar Tree would buy competitor Family Dollar Stores in a cash and stock deal worth $9.2 billion, and that both companies unanimously approved the merger. However, reports today said that Dollar General offered $9.7 billion in cash for Family Dollar. Today’s move by the top dollar store in […]

David Goodman | Aug 19, 2014 |

Supermarket News

Grocery dominates Top 100 Retailers list

The National Retail Federation released its Top 100 U.S. Retailers list, with Walmart on top with $334 billion in sales, about three-and-a-half times the sales of runner-up Kroger. As a merchandise segment, grocery continues to prove that it’s a driving force. According to the study, eight of the nation’s 10 largest retailers drive a significant portion […]

David Goodman | Aug 19, 2014 |

Supermarket News

TargetExpress opens in Minnesota

Target announced last month that it was scheduled to open its smallest store ever near the University of Minnesota campus. At 20,000 SF, TargetExpress will carry about 20% of the merchandise a typical Target store offers. Products will include dry groceries, meat, deli, bakery and frozen items, as well as a large selection of grab-and-go […]

David Goodman | Jul 09, 2014 |

Supermarket News

ShopRite, Giant continue to lead food retailers in the Greater Philly market

The annual Market Study issue of the Food Trade News is out, and Publisher Jeff Metzger has over 150 pages of facts and figures about the supermarket landscape from Connecticut to Delaware. Jeff’s Taking Stock column points out that many food retailers found the landscape “extremely challenging and difficult over the last 12 months.” He […]

David Goodman | Jul 07, 2014 |

Supermarket News

Target's grocery business lags behind Walmart, competitors

An analyst report on Nasdaq.com last week stated that Target trails its competitors in the grocery business, and that although the company’s grocery share will continue to rise, it will be at a slow pace. According to the report, Target earns less than one-fourth of its revenues from food and consumables, and has found it […]

David Goodman | Jul 03, 2014 |

Supermarket News

Cherry Hill opening marks Whole Foods' second South Jersey store

South Jersey’s second Whole Foods store opened two weeks ago in Cherry Hill’s Ellisburg Shopping Center (Federal Realty). Nearby officials at Wegmans and ShopRite say they are not worried. “We already share market space with Whole Foods in many of the communities we serve,” said a Wegmans official from their consumer affairs division. The Ravitz family, which […]

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