RUNNING WITH EQUITY CRE

WITH DAVID GOODMAN

David Goodman | Feb 17, 2015 |

Amelia's conversion to Grocery Outlet banner nearly complete

As I reported last fall (Amelia’s Grocery Outlet parent…), Grocery Outlet has been in the process of converting the Amelia’s banner to Grocery Outlet, which will result in a consistent name throughout the entire country. It was reported yesterday that the conversion is nearly done. Starting tomorrow, visitors to Amelia’s website will be redirected to […]

David Goodman | Feb 16, 2015 |

Wegmans tops annual "reputation" survey

Wegmans came out on top in the 16th annual Harris Poll Reputation Quotient study, which ranks companies’ perceived reputations. Wegmans was the only company to rank among the top five in each category – social responsibility, emotional appeal, products and services, vision and leadership, financial performance, and workplace environment. Also on the list: 2. Amazon.com […]

David Goodman | Feb 16, 2015 |

Redner's succeeding by controlling costs

A Supermarket News story earlier this month reported that employee-owned Redner’s Warehouse Markets is competing successfully with Walmart and others thanks to rigorous cost controls. The company’s site selection strategy serves as a good example of these controls. “We tend to go to smaller rural towns or the outskirts of urban areas just due to […]

David Goodman | Jan 29, 2015 |

FTC approves Safeway - Albertsons merger

On Tuesday the Federal Trade Commission approved the Safeway – Albertsons merger, setting the stage for the deal to close in a matter of days. In order to gain approval, both parties agreed to divest 168 stores in eight states. None of the stores slated for closure are in Pennsylvania or New Jersey. The combined […]

David Goodman | Jan 22, 2015 |

Walmart leads list of top 75 food retailers

The Supermarket News released its annual list of the top 75 food retailers in the United States and Canada. Here’s a summary: The top 10: 1.  Walmart *2.  Kroger3.  Costco *4.  Loblaw (Canadian grocer)5.  Safeway6.  Publix7.  Ahold (Giant et al)8.  C&S Wholesale Grocers9.  Albertsons (Acme et al)10. H-E-B * includes sales of consumable items only […]

David Goodman | Jan 22, 2015 |

Whole Foods celebrates five years at Plymouth Meeting Mall

It’s been five years since Whole Foods Market opened its 65,000 square foot store at the Plymouth Meeting Mall. Although Mall stalwarts Macy’s and Boscov’s are three times the size of the supermarket, the store’s popularity make it a safe bet to refer to the mall as “Whole Foods – anchored.” Although I don’t have […]

David Goodman | Jan 22, 2015 |

Family Dollar approves deal with Dollar Tree

It was announced this morning that Family Dollar shareholders approved the proposed $8.5 billion merger with Dollar Tree, ending months of speculation over whether Dollar Tree or Dollar General would merge with Family Dollar. According to reports, the combined companies will operate more than 13,000 stores in 48 states and Canada, with sales of more […]

David Goodman | Jan 20, 2015 |

Dollar General may be out of the bidding for Family Dollar

It was reported earlier this week that analysts believe Dollar General may be dropping its bid for Family Dollar. The reason cited is the Federal Trade Commission’s requirement for up to 4,000 store divestitures as a result of a deal between the two companies. A deal between Family Dollar and Dollar Tree would require only […]

David Goodman | Jan 15, 2015 |

Supervalu experiencing growth, ready to take on Aldi

Last week Supervalu announced that all three business segments – wholesale, Save-A-Lot and traditional food retail – grew in the company’s fiscal third quarter. Overall, the company had $4.2 billion in sales, a 4.8% increase over the same quarter last year. Net earnings were $79 million. Supervalu’s wholesale business plans for growth in the near […]

David Goodman | Jan 15, 2015 |

Analyst predicts Whole Foods to go on buying spree

Stock analyst Charles Grom of Sterne Agee said last month that he thinks “conditions are ideal for Whole Foods to go on an acquisition spree in 2015.” According to Supermarket News, he cited the growing number of competitors, the falling valuation of Whole Foods stock in recent years, and the company’s strong balance sheet. Grom […]

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