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As far as the fierce competitiveness of DFW's retail market, I heard Saks ceding market share to Neiman's is the same reason H-E-B has been hesitant to open stores in the heart of the metroplex (I've heard DFW is Kroger's by-far most profitable market).
It's weird though, because Houston doesn't seem to have this same issue as Dallas.
H.E.B will never open in Dallas proper. Maybe the far far outskirts but Central market by H.E.B is of Dallas's caliber. The reason H.E.B created that High caliber series is because it was the only way to enter the Dallas Market and be successful....and IT IS!!!!!
Houston only has 1 Central market and 1000 reg H.E.B stores...I wonder why.
With immigration rates at 0 for this year and Millennials/Boomers fleeing the cities. I wonder if rents will drop in urban cores like NY SF Boston in the long run? I mean all of the growth in Northeast cities were from Immigration.. and with no immigration, what growth will be there? Will prices finally correct themselves?
I honestly hope Boston drops by atleast 25%, New York by 30%, SF by 35%, etc
With immigration rates at 0 for this year and Millennials/Boomers fleeing the cities. I wonder if rents will drop in urban cores like NY SF Boston in the long run? I mean all of the growth in Northeast cities were from Immigration.. and with no immigration, what growth will be there? Will prices finally correct themselves?
I honestly hope Boston drops by atleast 25%, New York by 30%, SF by 35%, etc
Rents have already fallen in NY since the pandemic. Last month, listing inventories jumped almost 85% compared to June 2019. New rental inventory has gone way up as new leases signed were down more than 35% compared to 2019. There will continue to be a correction for several months to come here. We'll see how drastic the rent decreases get.
Rents have already fallen in NY since the pandemic. Last month, listing inventories jumped almost 85% compared to June 2019. New rental inventory has gone way up as new leases signed were down more than 35% compared to 2019. There will continue to be a correction for several months to come here. We'll see how drastic the rent decreases get.
H.E.B will never open in Dallas proper. Maybe the far far outskirts but Central market by H.E.B is of Dallas's caliber. The reason H.E.B created that High caliber series is because it was the only way to enter the Dallas Market and be successful....and IT IS!!!!!
Houston only has 1 Central market and 1000 reg H.E.B stores...I wonder why.
H-E-B has at least made it as far north as Waxahachie and Burleson, and it does own quite a bit of land in the heart of the DFW metroplex for future stores (eventually)
H-E-B has at least made it as far north as Waxahachie and Burleson, and it does own quite a bit of land in the heart of the DFW metroplex for future stores (eventually)
Houston only has 1 Central market and 1000 reg H.E.B stores...I wonder why.
Central Market she While foods serve the save demographic.
Houston has 12 Whole Foods and 20 Randall's stores so I don't think they are missing anything but not having any more central markets.
HEB it's not in the same category as Central Market/ Whole Foods so I'm not sure why you bring it up.
They are sister companies but Whole Foods is a better comparison.
Central Market she While foods serve the save demographic.
Houston has 12 Whole Foods and 20 Randall's stores so I don't think they are missing anything but not having any more central markets.
HEB it's not in the same category as Central Market/ Whole Foods so I'm not sure why you bring it up.
They are sister companies but Whole Foods is a better comparison.
DFW has 14 Whole Foods, 10 of which are on the Dallas side.
That said, I think the main difference is that Dallas also has WinCo, Tom Thumb and Albertsons (on top of Kroger and Whole Foods). Houston doesn't have as many different grocery chains competing in its markets.
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