Friday, March 27, 2015

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'?

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.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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