RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | May 11, 2015 |

Whole Foods to launch value-focused format

It was widely reported last week that Whole Foods plans to launch a new value-focused format that will be “unlike anything that currently exists in the marketplace,” according to Co-CEO Walter Robb. Robb added that the company has already begun negotiating leases, is building a team to focus exclusively on the new concept, and expects a […]

David Goodman | May 11, 2015 |

Analyst says Albertsons IPO speculation is premature

The supermarket trade publications have been buzzing with reports about an Albertsons IPO now that the Safeway merger has taken place. However, a Wall Street analyst told Supermarket News last week that the reports are probably premature. The analyst cited the difference in the two companies’ go-to-market strategies, and the fact that Safeway has a loyalty […]

David Goodman | May 11, 2015 |

Weis plans for $92 million in capital spending

Weis announced late last month that they plan to invest $92 million in capital spending this year to grow and upgrade its stores, information technology systems and supply chain. According to Chairman Jonathan Weis, there are 12 store projects underway and another 23 in active planning stages. There is also a major upgrade planned for […]

David Goodman | May 11, 2015 |

Aldi on the verge of changing the grocery landscape

A Forbes article published last month characterized Aldi as a nuisance to many of America’s most venerable food retailers and manufacturers, and called it a major force that is on the verge of changing the grocery retailing landscape. The story cited Aldi’s strategy of selling largely its own privately branded knockoffs of established American foods, […]

David Goodman | Apr 24, 2015 |

Report says more Philadelphians have access to groceries than in 2005

A recent report from The Reinvestment Fund (TRF), a community development financial institution based in Philadelphia, found that many more Philadelphians live near a full-service grocery store compared to 10 years ago. In fact, the number of residents without access to a grocery store dropped 56 percent. Nationwide, the number of residents without grocery access […]

David Goodman | Apr 24, 2015 |

Walgreens to cut 200 U.S. stores

Walgreens Boots Alliance Inc. reported earlier this month that it plans to close 200 drug stores in the U.S. as part of an overall plan to cut $500 million in costs. The cost cutting plan also includes a corporate reorganization. The merger between Walgreens and Alliance Boots, operator of the U.K. chain Boots as well as a […]

David Goodman | Apr 06, 2015 |

Wegmans rated best supermarket by Consumer Reports

In Consumer Reports‘ annual ranking of supermarket brands, Wegmans once again came out on top. In all, 68 supermarket brands were ranked based on responses from more than 62,000 Consumer Reports subscribers. Traditional supermarkets, warehouse clubs, supercenters and limited assortment stores were included in the study. The top rated supermarkets, which also included Publix and […]

David Goodman | Apr 06, 2015 |

Lidl preparing for entry into U.S. market

A Supermarket News story reported last week that German retailer Lidl is ramping up for its entry into the U.S. market by establishing new U.S. offices, advertising job openings and meeting with suppliers in Europe to determine their ability to distribute to the new stores. Although Lidl parent company Schwarz Group confirmed 2018 as the […]

David Goodman | Apr 01, 2015 |

Dollar General plans for aggressive expansion

Dollar General announced in March that it achieved record results and plans to accelerate its store expansion plan by opening 730 new stores in 2015 and remodeling 875 others. The company opened 700 news stores in 2014. The announcement came shortly after Dollar General’s failed attempt to acquire Family Dollar, with whom Dollar Tree reached […]

David Goodman | Apr 01, 2015 |

Traditional supermarkets continue to lose market share

An article in the February issue of Shopping Centers Today reported on the affect grocery discounters are having on the supermarket industry, stating that traditional supermarkets are losing market share “thanks to a rapidly advancing horde of competitors seeking to outdo them on price, convenience and quality.” The article quoted an analyst from JLL who said […]

David Goodman

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

Call David