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WITH DAVID GOODMAN

David Goodman | Jun 14, 2016 |

Dollar General wants to double its store count

Dollar General announced last week that it is targeting up to 13,000 potential sites in the continental United States. If they are successful in opening stores in all the targeted locations, the company would double its current store count. “In trade areas where you probably only need one store for the next seven to 10 […]

David Goodman | Jun 14, 2016 |

Walmart revamping Neighborhood Market stores, testing car service delivery

Walmart plans to give its Neighborhood Market concept, a small-format supermarket, an in-store revamp to a new, “fresh and friendly” prototype to better compete with conventional food retailers and price-focused merchants (dollar stores, discount grocers, etc.). “We’ve created a more modern look and feel. We’ve changed the colors… You’ll see pick-up, you’ll see pharmacy and you’ll see fresh food,” said […]

David Goodman | Jun 08, 2016 |

Acme performance improving thanks to new playbook

Prior to Albertsons takeover of Acme in 2013, same-store sales at the one-time Greater Philadelphia market leader were negative in 27 of the previous 28 quarters. Today, thanks in large part to the parent company’s “operating playbook,” Acme is performing better than it has in years. According to a Supermarket News story last week, new […]

David Goodman | Jun 08, 2016 |

ShopRite, Weis, Grocery Outlet add stores

It was announced last month that Village Super Market, a Wakefern member that operates 29 ShopRite supermarkets, signed a lease for a 90,000 square foot store that will anchor a new mixed-use development in Old Bridge, NJ. The store is slated to open next summer. Plans for the development include 2,000 residential units and more than 500,000 square feet […]

David Goodman | May 16, 2016 |

Supermarkets increasing their presence in power centers

Shopping Centers Today, an ICSC publication, recently published an article explaining that U.S. developers are changing the traditional shopping center retail mix by moving neighborhood stores – namely grocery retailers – into power and lifestyle centers. The article says that the ground was broken about a decade ago by stores like Costco, Target and Walmart, […]

David Goodman | May 15, 2016 |

Trader Joe's price investments widening the gap with Whole Foods

According to an analyst, Trader Joe’s may be widening its price advantage with Whole Foods. Karen Short of Deutsche Bank Securities said in a report recently that a Trader Joe’s in the New York market had a total price advantage of 26% over a neighboring Whole Foods Market across a basket of 77 like items. […]

David Goodman | May 15, 2016 |

Dollar General sees opportunity in consumables

Dollar General cited stagnant wages relative to rising consumer prices, and negative income growth projected through 2020 for customers earning less than $50,000, as reasons for the company’s plan to capture additional customers through improvements in its consumables assortment. CEO Todd Vasos claimed earlier this year that based on current sales, Dollar General has significant […]

David Goodman | May 12, 2016 |

Wegmans and Aldi are cleanest stores in Philly, Bucks

The Philadelphia Inquirer examined two years of health department reports for large grocers in Philadelphia and Bucks Counties and determined that Wegmans and Aldi were the cleanest supermarket chains. Fresh Grocer, Whole Foods and Shop N Bag ranked at the bottom of the list, while Giant, ShopRite and Acme were in the middle of the […]

David Goodman | May 12, 2016 |

H Mart partners with Instacart

H Mart announced recently that it would partner with Instacart to deliver products to its customers, and an H Mart store in Upper Darby (near the Philadelphia border) would be the first store to activate the program. H Mart is a national Asian-American supermarket chain that has 51 stores nationwide, including three in PA and […]

David Goodman | May 05, 2016 |

Whole Foods 365 concept to include tea bar, vegan restaurant in Los Angeles

Whole Foods provided some details last month about their 365 small-store concept, describing it as a “quality-meets-value” interpretation of its traditional store “in an environment that’s fun and convenient for shoppers.” A 30,000 square foot store, set to open in Los Angeles later this month, will feature a self-service tea bar, a vegan fast-casual restaurant […]

David Goodman

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

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