RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | May 12, 2016 |

Supermarket News

H Mart partners with Instacart

H Mart announced recently that it would partner with Instacart to deliver products to its customers, and an H Mart store in Upper Darby (near the Philadelphia border) would be the first store to activate the program. H Mart is a national Asian-American supermarket chain that has 51 stores nationwide, including three in PA and […]

David Goodman | May 05, 2016 |

Supermarket News

Whole Foods 365 concept to include tea bar, vegan restaurant in Los Angeles

Whole Foods provided some details last month about their 365 small-store concept, describing it as a “quality-meets-value” interpretation of its traditional store “in an environment that’s fun and convenient for shoppers.” A 30,000 square foot store, set to open in Los Angeles later this month, will feature a self-service tea bar, a vegan fast-casual restaurant […]

David Goodman | May 05, 2016 |

Supermarket News

Wegmans beats out Trader Joe's as nation's best grocer

For the first time in four years, Trader Joe’s wasn’t ranked as the nation’s best grocery chain. That honor recently went to Wegmans, which ranked ahead of Trader Joe’s and Publix in a survey of more than 10,000 consumers conducted by Market Force Information. Hy-Vee Food Stores ranked fourth, and Aldi was fifth. The top […]

David Goodman | May 05, 2016 |

Supermarket News

Weis to increase cap-ex to $140 million

Weis Markets announced last month that it plans to increase capital spending by 33% this year to a record $140 million. The funds will cover the cost of three new stores, 20 remodels and technology investments. Last year’s capital spending totaled $92 million and covered 14 remodels and five Gas N’ Go centers. Weis operates […]

David Goodman | May 05, 2016 |

Supermarket News

ShopRite opens in Glenolden, PA

ShopRite opened a state-of-the-art, 58,000 square foot store on MacDade Blvd. in Glenolden, PA last week. The store represents Collins Family Markets’ fifth ShopRite location. Overall, ShopRite now has 260 locations throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland.

David Goodman | May 05, 2016 |

Supermarket News

Analyst says Aldi and Lidl to hurt small grocery operators

A Supermarket News story recently quoted an analyst who predicted that the “invasion” of Lidl into the U.S., combined with Aldi’s rapid expansion, will prove to be problematic for smaller operators and those focused on lower-income shoppers. The analyst did not think the two European powerhouses would have as devastating an effect on top U.S. […]

David Goodman | Apr 08, 2016 |

Supermarket News

Ahold's bfresh signs lease in Philadelphia neighborhood

Ahold confirmed last month that it signed a lease for its bfresh concept to occupy space on the ground floor of the Abbotts Square condos at 2nd and South Streets in Philadelphia’s Society Hill neighborhood. Fresh Formats, the concept that evolved into Ahold’s bfresh banner, has operated in Philadelphia since 2014, when it opened a […]

David Goodman | Apr 08, 2016 |

Supermarket News

Ahold and Delhaize approve company merger

Ahold and Delhaize shareholders approved the merger of the two companies last month, leaving approval from competition authorities in the United States and Europe as the final hurdle. Pending the necessary approvals, the deal is expected to close this summer. In order to help facilitate the approvals, both chains are offering a combined 83 stores […]

David Goodman | Apr 08, 2016 |

Supermarket News

Apollo Global Management to buy The Fresh Market

The Fresh Market announced last month that it would be acquired by Apollo Global Management for about $1.36 billion. In addition, The Fresh Market Chairman Ray Berry, along with his son Brett, will roll over “the vast majority” of their company holdings with Apollo. The Berry’s currently own about 9.8% of the company stock. Apollo […]

David Goodman | Mar 09, 2016 |

Supermarket News

Wegmans again named top supermarket in U.S.

Wegmans was recently named the top supermarket in the U.S. by the American Customer Satisfaction Index for the second consecutive year. Here is the list along with the scores. Wegmans – (86)Trader Joe’s – (83)H-E-B – (82)Publix – (82)Aldi – (81)Hy-Vee – (78)Kroger – (76)Delhaize (Food Lion / Hannaford) – (76)ShopRite – (75)Meijer – (74)Bi-Lo […]

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