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WITH DAVID GOODMAN

David Goodman | Sep 09, 2019 |

Target’s small stores and big remodels are paying off

Target announced recently that it opened its 100th small-format store and finished remodeling its 500th location. The large-scale effort has paid off so far, as the company’s share price has surged to new highs and its most recent earnings report beat analysts’ estimates. According to COO John Mulligan, Target is on pace to open 30 […]

David Goodman | Sep 09, 2019 |

Lidl continues PA/NJ expansion w/Royersford store

Lidl opened its third PA store last month in Royersford, and more are planned for Greater Philadelphia communities. A Trooper, PA store is set to open in mid-September, and construction recently started on a Lansdale, PA location that was formerly occupied by Acme. The Royersford, Trooper and Lansdale locations are in Montgomery County. Lidl recently […]

David Goodman | Sep 09, 2019 |

Giant planning two-story, 65,000 SF Philly store at Riverwalk

Giant Food Stores is planning a two-story, 65,000 square foot supermarket at Riverwalk, a mixed-use development under construction on the Schuylkill River along 23rd Street in Center City, Philadelphia. The store, which will have an outdoor terrace and indoor parking, will be located in a building that will include 291 apartments. It is expected to […]

David Goodman | Sep 09, 2019 |

Wegmans proposed for Lower Makefield in Bucks County, PA

A Yardley, PA developer has proposed a mixed-use development in Lower Makefield, PA that would include Wegmans as well as 55,000 square feet of retail and 200 apartments on a 36-acre property. The project, called Prickett Run at Edgewood, would also include a clubhouse, courtyard, splash fountain, amphitheater, and the preservation of an historic building […]

David Goodman | May 14, 2019 |

Redner's transforms store into Wegmans-like experience

An article in the Reading Eagle last month described how Redner’s Markets, the Berks County-based grocery chain known for its no-frills, low-price, warehouse-style grocery stores, is changing its strategy in an attempt to gain customers. According to reporter Jeff McGaw, the vibe in its Wyomissing, PA store “has become a little less ‘canned goods for […]

David Goodman | May 14, 2019 |

Amazon Go store opens in NYC, accepts cash

The opening of the Amazon Go store last week in New York City represents the chain’s 12th location, and the first to accept cash. The 1,300 square foot store is located in downtown Manhattan, across from One World Trade Center and on the second level of an upscale mall that includes shops, food vendors and […]

David Goodman | May 12, 2019 |

Sprouts plans 13 more stores for the second half of the year

Sprouts Farmers Markets announced that it plans to open 13 stores in six states during the second half of 2019. Openings are slated for Virginia, Florida, California, Maryland, North Carolina and Arizona. The company recently opened its first Pennsylvania store in Philadelphia, and a store is scheduled to open on June 5 in Marlton, which […]

David Goodman | May 12, 2019 |

Giant opens six stores in four states

Giant Food Stores announced last month that it opened six new stores in four states. Five of the stores were Shop n’ Save stores that Giant converted to Martin’s Food Markets, and one was a newly constructed Giant to replace a closed store nearby. Giant acquired the Shop n’ Save locations from Supervalu last November […]

David Goodman | May 12, 2019 |

Walmart wins bid for liquor license in PA

Walmart submitted the top bid for a restaurant liquor license earlier this year for a store in South Union Township in southwestern Pennsylvania. It’s the first liquor license in PA for Walmart, assuming the company files the required application and is awarded the license. “We want Walmart customers in Fayette County to save money so […]

David Goodman | May 06, 2019 |

Amazon still dominant, but competitors gaining ground

Nielsen reported recently that Amazon’s e-commerce lead is shrinking as major brick-and-mortar retailers like Target, Walmart and Kroger – along with e-grocery company Instacart – have outpaced Amazon in percentage growth of online consumer packaged good (CPG) purchases. In the two-year period beginning in January 2017, the number of e-commerce buyers of grocery and other […]

David Goodman

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

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