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David Goodman | Dec 02, 2016 |
Supermarket News

Acme to open new store in South Philly property formerly occupied by ShopRite

Acme Markets and The Goldenberg Group announced today that the former ShopRite in South Philadelphia’s Snyder Plaza Shopping Center would be renovated and opened as a new Acme supermarket in 2017. The Goldenberg Group owns the property. The 54,415 square foot store is slated to have a beer and wine shop, and a Starbucks café. In […]
David Goodman | Dec 01, 2016 |
Supermarket News

Albertsons on the verge of purchasing Price Chopper

Reports earlier this week state that Albertsons (Acme, Shaw’s, Safeway, etc.) is “on the verge” of acquiring Price Chopper, the leading supermarket by market share in the Albany, Schenectady and Glens Falls, NY markets. Price Chopper also has strong market share in Binghamton, NY, Utica, NY, Pittsfield, MA, Worcester, MA and Burlington, VT. For the […]
David Goodman | Nov 16, 2016 |
Supermarket News

The Fresh Market moving away from its gourmet roots

The Fresh Market debuted lower prices, expanded product offerings and a new logo late last month at three stores in the Triad region of North Carolina. The new look and offerings will expand to 13 more stores in North Carolina on November 30, and then to the company’s remaining stores nationwide through early 2018. Among […]
David Goodman | Nov 16, 2016 |
Supermarket News

Woman sues ShopRite after falling on string bean

The New York Daily News reported last month that a woman is suing ShopRite after allegedly tripping over a string bean two years ago. She claims that she was shopping in the store’s produce section “when suddenly, without warning, she slipped on a string bean on the floor of the store and violently fell to […]
David Goodman | Nov 16, 2016 |
Supermarket News

Sam's Club testing high-end product offerings

Sam’s Club CEO Roz Brewer said last month that an ongoing test to see how customers would react to high-end and luxury product offerings has been successful so far. According to Brewer, it provides “a look into the future of where we could go with our business.” Earlier this year a Sam’s Club store in […]
David Goodman | Nov 04, 2016 |
Supermarket News

Five Giant stores in Southeastern PA among winning bidders for expired liquor licenses

The Pennsylvania Liquor Control Board (PLCB) announced winning bidders yesterday for 37 “zombie” liquor licenses, and Giant Food Stores won 11 of them. Interested parties had to submit sealed bids for the licenses, which had expired. The Giant stores in Southeastern Pennsylvania with winning bids include Bristol Township (Bucks County), Coatesville and East Caln (Chester), […]
David Goodman | Nov 03, 2016 |
Supermarket News

Walter Robb out as Whole Foods co-CEO, will remain on board of directors

Whole Foods announced yesterday that Walter Robb, who has served as co-CEO for the last six years, would no longer serve in that position but will remain as a member of the company’s board of directors. John Mackey, with whom Robb has served as co-CEO, will become the sole CEO. The changes will take effect […]
David Goodman | Oct 28, 2016 |
Supermarket News

Amazon may be planning to open 2,000 grocery stores

A Business Insider report earlier this week suggested that Amazon envisions having 20 bricks-and-mortar grocery stores open by the end of 2018, and as many as 2,000 in another 10 years. The report said the information was gathered from internal memos sent between 2014 and 2016. Amazon has not commented publicly. According to Business Insider, […]
David Goodman | Oct 19, 2016 |
Supermarket News

Amazon planning to sell groceries at its own convenience stores

A Wall Street Journal story last week outlined Amazon’s plans to expand its grocery business with new, bricks-and-mortar convenience stores. According to the story, Amazon envisions having stores that would sell milk, produce, meats and other perishable items that customers could take home. And using mobile phones, customers could order products like cereal and peanut […]
David Goodman | Oct 19, 2016 |
Supermarket News

Albertsons' IPO plans at a standstill

Albertsons‘ IPO plans have been halted again, this time due to price deflation that has affected sales and earnings across the supermarket industry. Albertsons (Acme, Albertsons, Safeway, Vons and several others) originally proposed a public offering a year ago, but postponed it when Walmart’s announcement about earnings pressure prompted an industry-wide drop in valuations. Analysts […]

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