Aldi's, Bottom Dollar, Save-a-Lot: Which cheap grocer 'hops'?
Broker David Goodman rates the recession grocery chains
Aldi's, Bottom Dollar, Save-a-Lot: Which cheap grocer 'hops'?
Joseph N. DiStefano
On a recent visit, Aldi's was "clean and easy" but lacks fresh produce; Sav-A-Lot was empty; and Bottom Dollar was "hopping", writes David Goodman, whose firm, Equity Retail Brokers of Conshohocken, does property for supermarket landlords and other retail investors. More at Goodman's blog, Running with Equity Retail.
Goodman chronicles the rapid changes in the Philadelphia-area supermarket business, where, as he told me, "Acme long dominated, but it's now in decline" while Giant and other competitors try to box each other out across the suburbs, benefitting Goodman and, one hopes, consumers.
Comments (1)
Popular Posts
About this blog
Joseph N. DiStefano blogs about the latest news in the Philadelphia business community and elsewhere. Contact him at 215-854-5194.
Reach Joseph N. at JoeD@phillynews.com.
Joseph N. DiStefano
Classifieds:
Site Services:
Partners: