Evolving consumer tastes and business trends are changing the way we shop for groceries. Once a dull, utilitarian task that stressed low prices over style, grocery shopping is taking on new and even exciting facets. FutureWire
A prominent retail consultant I know has suggested that the middle market grocers - Ralphs, Vons, Albertsons, etc - will all be out of business in 10 years. They are losing to the high-end "experience" specialty stores like Whole Foods and Trader Joes on the one end, and to WalMart and Costco on the other.
At least in California, this seems to be coming true - especially since the grocer strike 3 years ago, none of the middle market chains are doing well, and they keep merging.
If this retail consultant's predictions come true, a lot of prime redevelopment sites might be coming on the market in the next decade - when you consider that Ralphs, Vons, Albertsons, etc are occupy some fairly large lots in prominent locations.
6 Comments
A prominent retail consultant I know has suggested that the middle market grocers - Ralphs, Vons, Albertsons, etc - will all be out of business in 10 years. They are losing to the high-end "experience" specialty stores like Whole Foods and Trader Joes on the one end, and to WalMart and Costco on the other.
At least in California, this seems to be coming true - especially since the grocer strike 3 years ago, none of the middle market chains are doing well, and they keep merging.
If this retail consultant's predictions come true, a lot of prime redevelopment sites might be coming on the market in the next decade - when you consider that Ralphs, Vons, Albertsons, etc are occupy some fairly large lots in prominent locations.
ralphs should become REX and have cashiers wear black tee shirts.
AP - where is that market?
yo alan,
it's in austria....look
Thanks. I wouldn't have guessed it was in Europe, although the sexy design should have tipped me off.
For America, check out: http://www.groceteria.com
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.