RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | Oct 27, 2019 |

Supermarket News

Wegmans opens landmark stores in Brooklyn and Raleigh

Shortly after the opening of Wegmans’ 100th store, the company is celebrating the opening of store #101 today in Brooklyn. Located in the redeveloped Admirals Row site at the Navy Yard, the company’s first-ever New York City store is 74,000 square feet and features a second-floor mezzanine with nearly 100 seats for a cafe that […]

David Goodman | Oct 17, 2019 |

Supermarket News

Walmart proves to be cheapest option for grocery delivery, now offering unlimited service

Last month CNBC compared prices on Amazon Prime Now, Peapod and Walmart for grocery items to be delivered in Northern New Jersey. They looked at 25 “everyday” items, including a mix of national brands and each retailer’s store brands, and organic and traditional products. The result? A cart of nearly identical items delivered to your […]

David Goodman | Oct 15, 2019 |

Supermarket News

Wawa plans 40 stores in Northern Virginia

Wawa announced last month that it plans to open 40 stores in Northern Virginia in the next 15 years. The company currently operates about 850 stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania, Virginia and Washington, DC. Wawa’s Florida expansion began in 2012, and today there are 165 units in the state.

David Goodman | Oct 15, 2019 |

Supermarket News

Brick and mortar supermarkets continue to lose market share

According to research by Inmar Analytics, traditional supermarkets lost food retail market share to nontraditional grocery competitors and convenience stores in 2018. Last year supermarkets, fresh formats, limited-assortment stores, superwarehouses and small grocery stores saw sales drop 1.1%, lowering dollar share 1.7% year over year to 43.8%. In addition, the traditional supermarket store count fell […]

David Goodman | Oct 15, 2019 |

Supermarket News

Amazon technology to allow payment via hand scanning at Whole Foods

Several publications reported last month that Amazon is planning to introduce a biometric payment method in Whole Foods stores. In other words, customers with a Prime account and a card on file will be able to scan their hand at checkout to make a purchase. With this technology and payment method, customers won’t actually have […]