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Old 02-02-2016, 07:08 PM
 
Location: Richmond, VA
1,799 posts, read 6,088,010 times
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Let's keep in mind that the parent companies for both Martin's and Food Lion are merging. Richmond is probably one of their most overlapped markets. I suspect from a regulatory or operations perspective there will be closures and consolidations which could create opportunities for new entrants like Publix (could explain their market entry). Kroger entered the Richmond market after acquiring several Hannaford locations following Delhaize's (Food Lion's parent) acquisition of some of their locations.
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Old 02-02-2016, 07:20 PM
 
Location: Virginia (again)
2,697 posts, read 8,371,423 times
Reputation: 1559
Quote:
Originally Posted by richmondpics View Post
Let's keep in mind that the parent companies for both Martin's and Food Lion are merging. Richmond is probably one of their most overlapped markets. I suspect from a regulatory or operations perspective there will be closures and consolidations which could create opportunities for new entrants like Publix (could explain their market entry). Kroger entered the Richmond market after acquiring several Hannaford locations following Delhaize's (Food Lion's parent) acquisition of some of their locations.
Yep. That's why it would make sense to me for Pubix to buy Richmond's Martin's which are already a huge disappointment. It gives Publix some decent local real estate.
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Old 02-02-2016, 09:48 PM
 
Location: Richmond, VA, from Boston
1,511 posts, read 2,589,269 times
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I don't get why Publix is moving here. I also don't understand why people are excited. And I used to work for Publix long long ago, and have shopped there approximately a million times.

It's about as exciting as Kroger.
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Old 02-03-2016, 03:22 AM
 
Location: Virginia (again)
2,697 posts, read 8,371,423 times
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Quote:
Originally Posted by Charlesaf3 View Post
I don't get why Publix is moving here. I also don't understand why people are excited. And I used to work for Publix long long ago, and have shopped there approximately a million times.

It's about as exciting as Kroger.
I'm sort of with you except I like having a new grocery store 2 miles from my house. But if they expand by taking over Martin's it would be an improvement.
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Old 02-03-2016, 05:04 AM
 
Location: Behind You!
1,949 posts, read 4,181,303 times
Reputation: 2758
Quote:
Originally Posted by sls76 View Post
I love that I'll have a new grocery store 5 minutes from my house on Nuckols Rd. (not a food lion fan) but how many grocery chains can this area sustain? I'm surprised Publix wants to enter this market given the competition. Maybe they will buy out Martin's???
People will always try out and if good get hooked on something new. They couldn't even remotely have a chance of a buyout. Not with Martins being part of the Giant / Stop & Shop chains. Martins being the smallest I see them being merged into one of the other brands at some point though.
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Old 02-03-2016, 05:59 AM
 
Location: Virginia (again)
2,697 posts, read 8,371,423 times
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Quote:
Originally Posted by snatale1 View Post
People will always try out and if good get hooked on something new. They couldn't even remotely have a chance of a buyout. Not with Martins being part of the Giant / Stop & Shop chains. Martins being the smallest I see them being merged into one of the other brands at some point though.
We'll agree to disagree. Martin's is likely a huge disappointment to Giant/Stop & Shop who way overpaid and clearly didn't understand what they were and weren't buying. Publix may make them an offer which makes financial sense. As Carolina Knight pointed out, other chains have sold stores to Publix including Albertson's which has over 2,000 stores.
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Old 02-03-2016, 07:36 AM
 
1,373 posts, read 1,029,486 times
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Originally Posted by sls76 View Post
We'll agree to disagree. Martin's is likely a huge disappointment to Giant/Stop & Shop who way overpaid and clearly didn't understand what they were and weren't buying. Publix may make them an offer which makes financial sense. As Carolina Knight pointed out, other chains have sold stores to Publix including Albertson's which has over 2,000 stores.

Wouldn't it be better for Ahold-Delhaize to convert the Martin's stores into Food Lion stores and close a few were they overlap with existing Food Lion stores?
Maybe that's difficult because Martin's stores are probably too large for the Food Lion concept? If so, they could change the managment of the Martin's branch and invest into the stores to make them more appealing.
Martin's and Food Lion, each of them have about 15% market share in Richmond. I don't think that Ahold-Delhaize will gave up half of their market share in Richmond. That would mean a loss of about half a billion in sales.
Selling their stores to Publix would mean that their Food Lion branch comes under even more pressure in Richmond. That seems to be the worst solution.
The combined sales of Ahold and Delhaize in the U.S. is about 50% higher than those of Publix.
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Old 02-03-2016, 07:51 AM
 
Location: South Carolina
20,926 posts, read 25,006,164 times
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Originally Posted by VA Yankee View Post
Are you a spokesperson for them, lol. Like the other candidates already here I don't see my shopping habits changing, even with the all mighty Wegmans arriving I may visit once or twice but I don't see my self going out there on a regular basis.
I reside in an area where Publix operates stores. It would be my secondary grocer as it does not have stores near my residence.

I have known Wegman's for over a decade. I have not been inside its stores, but I do have its card.
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Old 02-03-2016, 07:55 AM
 
Location: South Carolina
20,926 posts, read 25,006,164 times
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Quote:
Originally Posted by richmondpics View Post
Let's keep in mind that the parent companies for both Martin's and Food Lion are merging. Richmond is probably one of their most overlapped markets. I suspect from a regulatory or operations perspective there will be closures and consolidations which could create opportunities for new entrants like Publix (could explain their market entry). Kroger entered the Richmond market after acquiring several Hannaford locations following Delhaize's (Food Lion's parent) acquisition of some of their locations.
Delhaize acquired Hannaford around 2000. It divested and closed stores in North Carolina, South Carolina, and Virginia. Stores in Raleigh-Cary and Wilmington, North Carolina became Lowe's Foods. Stores in the Charlotte-Concord-Gastonia, North Carolina-South Carolina area became Food Lion.
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Old 02-03-2016, 07:58 AM
 
Location: South Carolina
20,926 posts, read 25,006,164 times
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Quote:
Originally Posted by Charlesaf3 View Post
I don't get why Publix is moving here. I also don't understand why people are excited. And I used to work for Publix long long ago, and have shopped there approximately a million times.

It's about as exciting as Kroger.
Publix sees opportunity in Virginia for growth. It could create excitement because it is a well operated supermarket.
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