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WITH DAVID GOODMAN

David Goodman | Aug 09, 2017 |
Supermarket News

Walmart reacting to Lidl with aggressive pricing

Reports state that Walmart is reacting “quickly and aggressively” to Lidl’s entry into the U.S. market. According to its website, Lidl now has 21 stores open in three states – North Carolina, South Carolina and Virginia – with plans in the next year for as many as 100 more in states from New Jersey to […]
David Goodman | Aug 09, 2017 |
Supermarket News

Sprouts expands relationship with Amazon

Despite speculation that Amazon’s partnership with Sprouts Farmers Market may end due to the online giant’s pending acquisition of Whole Foods, last week Sprouts confirmed plans to expand its relationship with Amazon Prime Now. “Our partnership with Amazon Prime Now continues to grow,” said Sprouts CEO Amin Maredia. “We will be delivering Sprouts products through […]
David Goodman | Jul 28, 2017 |
Supermarket News

Kroger files suit against Lidl over private label concerns

Kroger filed a lawsuit against Lidl last month, claiming that in its new U.S. stores, Lidl, copied its Private Selection private label and was profiting from consumer confusion between the similar-sounding and similar-looking packages. In the lawsuit, Kroger sought a preliminary injunction that would prevent Lidl from selling its Preferred Selection products, as well as […]
David Goodman | Jul 28, 2017 |
Supermarket News

Acme lowering prices to compete with Aldi, Lidl

According to reports, Acme is advertising “thousands” of new lower prices in sales flyers released this morning. The price breaks come amidst the continued expansion of Aldi and ahead of Lidl’s anticipated Greater Philadelphia store openings. Aldi is known as grocery’s low price leader (lower than Walmart!), and reports indicate that Lidl’s new stores in […]
David Goodman | Jul 24, 2017 |
Supermarket News

Jana Partners sells Whole Foods stock for big profits

Last April, Jana Partners revealed it had acquired an 8.3% ownership stake in Whole Foods, and publicly stated that its goal was to gain board representation in order to lobby for a number of changes at the company, including a potential sale or merger. In a series of transactions on the open market between February […]
David Goodman | Jul 24, 2017 |
Supermarket News

Whole Foods shareholder files suit to block Amazon deal

The Dallas News reported recently that a Whole Foods shareholder filed suit to block the proposed Amazon – Whole Foods merger on the grounds that the transaction understates the grocery chain’s value and isn’t being conducted with sufficient transparency. The shareholder, who is seeking class-action status, says the proxy statement issued by Whole Foods failed […]
David Goodman | Jul 07, 2017 |
Supermarket News

The impact of the Amazon - Whole Foods deal may be far-reaching

Several media outlets and industry experts have weighed in recently with their thoughts on Amazon’s planned $13.7 billion purchase of Whole Foods, including The Washington Post, in which its “On Leadership” column cited several “telling comments” made by Whole Foods CEO John Mackey. Sample comments include the following. Mackey admitted that Whole Foods may be […]
David Goodman | Jul 07, 2017 |
Supermarket News

The retail sector remains strong despite media reports

I read an interesting article on Forbes.com that sets out to dispel the myth that retail is struggling. Although it’s not purely grocery-related, I thought I would share it. Below are the six “fast facts” cited by the article, as well as a link to the story for more info on each one. 1. National […]
David Goodman | Jun 29, 2017 |
Supermarket News

Aldi to spend billions in new store growth

Aldi announced earlier this month that it would invest $3.4 billion to expand to 2,500 locations in the U.S. by the end of 2022. Currently Aldi has 1,600 locations and is in the midst of a $3 billion expansion effort to have 2,000 stores by the end of 2018. If they reach 2,500 stores, Aldi […]
David Goodman | Jun 28, 2017 |
Supermarket News

George Will weighs in on Amazon, then bums me out

George Will wrote an interesting column earlier this month that I read in Investor’s Business Daily titled “Let Us Plunge Towards Our Fast-Unfolding Future.” After reading it a couple times and looking up the big words, I found it to be thought-provoking. The column cites the current state of grocery retail – including Amazon’s plans […]

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