RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | Oct 01, 2017 |

ShopRite tops in New Jersey with 139 stores

A story on NJ.com last month listed the 10 biggest supermarket chains (by number of stores) in New Jersey. Here’s the list. ShopRite – 139 storesAcme – 77Stop & Shop – 61Target – 44Aldi – 42Walmart – 29BJ’s Wholesale Club – 23Kings Food Market – 23Save-A-Lot – 22Key Food – 22 Stores in New Jersey […]

David Goodman | Oct 01, 2017 |

Whole Foods announces credit and debit card hack

Whole Foods announced on Friday that credit and debit card information of customers who bought meals or drinks at its in-store restaurants or bars was exposed to hackers. The company said that the data breach did not affect its main checkout registers or any Amazon.com shoppers. Whole Foods said it was investigating the breach.

David Goodman | Oct 01, 2017 |

Mom's Organic Market opens in Center City Philly

Mom’s Organic Market opened in Center City Philadelphia last month. The store – at 34 South 11th Street – marks Mom’s first Philly store, and their third store in the PA/NJ/DE market (Bryn Mawr, PA and Cherry Hill, NJ). The new store features all-organic produce, an all-vegetarian in-store cafe, and even a recycling center for […]

David Goodman | Oct 01, 2017 |

Fresh Grocer not leaving UPenn site anytime soon

I reported in April about the kerfuffle in the University City section of Philadelphia between Fresh Grocer and UPenn (Fresh Grocer and UPenn in litigation over Acme deal). Well, the fight rages on. Last spring the University of Pennsylvania announced that Acme would replace Fresh Grocer, stating that the incumbent grocery store failed to renew […]

David Goodman | Oct 01, 2017 |

Survey says millennials shop for groceries differently than the rest of us

According to a recent survey by the International Council of Shopping Centers, 99 percent of adults in the U.S. buy some or all of their groceries in person. Those surveyed cited immediate access to products and the ability to select fresh meat, dairy and produce as the top reasons. The survey also revealed that 93 […]

David Goodman | Sep 20, 2017 |

Kroger drops lawsuit against Lidl

The trademark suit filed by Kroger against Lidl in July for allegedly copying its “Private Selection” generic brand name and logo has been dismissed. Both sides agreed earlier this month to dismiss the federal case with prejudice, which means the case can not be refiled. Kroger had charged Lidl with violations of federal trademark and […]

David Goodman | Sep 20, 2017 |

Whole Foods traffic up 25% in first two days of Amazon takeover

In the days before Amazon’s highly-anticipated August 28 takeover of Whole Foods, Amazon promised significant and immediate price cuts, and as previously reported, the company delivered (Amazon slashes prices at Whole Foods…). Two weeks later, Foursquare Labs, Inc. reported that Whole Foods experienced a 25% traffic bump nationally in the first two days after the […]

David Goodman | Sep 20, 2017 |

Kroger scraps long-term growth targets, plans to invest in pricing and tech

Kroger announced earlier this month that it has scrapped the long-term earnings-per-share growth targets that it established in 2012. Rather, the company plans to invest in pricing and technology amid increased competition from Walmart and Amazon, as well as Aldi and Lidl. “We are re-prioritizing and accelerating investments in our ‘Customer 1st Strategy’ in order […]

David Goodman | Sep 20, 2017 |

Dollar stores not being hurt by big retailer price wars

Despite analysts’ fears that dollar stores could become collateral damage in the price wars being waged between big retailers like Walmart and Kroger, sales forecasts for Dollar General and Dollar Tree remain strong. Dollar General expects net sales to increase by five to seven percent for the year ending February 2, and Dollar Tree expects […]

David Goodman | Aug 30, 2017 |

Amazon slashes prices at Whole Foods on first day of merger, more changes to come

Media reports around the country reported yesterday that on the day Whole Foods merged with Amazon, prices were slashed on several items at stores around the country. Orange signs throughout the stores with Whole Foods and Amazon logos promised “more to come…” Price reductions – some as high as 43% – were found on items […]

David Goodman

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

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