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David Goodman | Jun 24, 2015 |
Supermarket News

Dollar Tree to sell 330 stores

Dollar Tree announced last month that it will sell 330 stores to private equity firm Sycamore Partners, which will operate the stores under the Dollar Express banner. Dollar Express was a Philadelphia-based company that was acquired by Dollar Tree in 2000. The sale addresses regulatory concerns brought about by the planned merger between Dollar Tree […]
David Goodman | Jun 24, 2015 |
Supermarket News

Supermarket and warehouse club sales outpaced retail from '07 - '12

According to a report released by the U.S. Government called “2012 Census of Retail Trade,” supermarket sales outpaced overall retail sales between 2007 and 2012. Supermarket sales grew by 15.2% during the period, which is nearly twice as much as all other retail, which grew by 7.8%. And with sales growth of 25.1% over the […]
David Goodman | Jun 24, 2015 |
Supermarket News

A&P looking for buyers

Last week A&P, which operates under the Super Fresh and Pathmark banners in the Greater Philadelphia market, acknowledged that it is “seeking alternatives for its business,” adding that a sale of the company was only one of its options. In other words, A&P is for sale. According to a New York Post story, A&P is […]
David Goodman | Jun 12, 2015 |
Supermarket News

Wegmans to anchor Brooklyn Navy Yard development

Wegmans has been selected as an anchor tenant for a $140 million development at the Brooklyn Navy Yard. The store will be Wegmans’ first in New York City. According to reports, demolition of existing buildings will begin later this year, and the 74,000 square foot store is expected to open in 2018. Five years ago […]
David Goodman | Jun 12, 2015 |
Supermarket News

Last Genuardi's store closes in Audubon

The last operating Genuardi’s supermarket, in the Audubon Village Shopping Center in Audubon, PA, closed on May 27. According to a store employee, the lease expired and another operator may take over in the location. Genuardi’s, once a popular chain in the Greater Philadelphia Region, was purchased by Safeway in 2001, and in recent years […]
David Goodman | Jun 12, 2015 |
Supermarket News

Wawa wants to sell beer in Chadds Ford store

Philly.com reported today that Wawa wants to sell beer at its store on Naamans Creek Road in Chadds Ford. According to a Wawa spokesperson, the company views this as a “single-store expansion.” The spokesperson also said they may look to expand their offerings in the future. The Philly.com article points out that the nearby Acme […]
David Goodman | Jun 12, 2015 |
Supermarket News

Whole Foods to open "365 by Whole Foods Market" stores

Whole Foods has been talking about its new, smaller format since May, and rumors have been swirling about what they will call the chain. It was reported today that Co-CEO Walter Robb told the Associated Press the name will be “365 by Whole Foods Market,” which reflects the name of their house brand, “365 Everyday […]
David Goodman | Jun 04, 2015 |
Supermarket News

Giant and Food Lion parent companies in merger talks

Ahold and Delhaize confirmed last month that they are in the early stages of merger talks, and analysts believe a deal could be struck this year. Ahold is the parent company for Ahold USA, which includes Giant Food, Martin’s, Stop & Shop, and Peapod. The Delhaize Group includes Delhaize America, which consists of Food Lion […]
David Goodman | Jun 04, 2015 |
Supermarket News

Center to be anchored by Costco under construction in Lehigh Valley

Construction began last month for Hamilton Crossings, the Trexlertown, PA retail center that plans to include Costco, Target, Whole Foods, Nordstrom’s Rack, Dick’s and PetSmart, among others. In all, developers Tim Harrison and the Goldenberg Group expect the center to include 33 retailers. The projected opening date is in July, 2016.
David Goodman | Jun 04, 2015 |
Supermarket News

Costco's success a result of CEO's leadership

Costco is successful, and I believe the primary reason is Chairman and CEO Craig Jelinek and his business philosophy. Examples of his beliefs are evident in the following quotes from an article published last month by Supermarket News. “Companies sometimes lose their way because they lose their core values and culture. Your business can evolve, […]

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