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Old 02-02-2016, 03:40 PM
 
Location: South Carolina
20,586 posts, read 21,313,173 times
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Quote:
Originally Posted by sls76 View Post
I agree. My point is Richmond is saturated which drives margins very low. Only time will tell.
Market over-saturation does cause weaker participants to close stores and/or exit markets. With inferior participants completely removed, remaining participants may have more room to adjust their margins.
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Old 02-02-2016, 03:46 PM
 
Location: South Carolina
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Quote:
Originally Posted by sls76 View Post
That's where I'd put my money too. That's why I was wondering if that's a possible acquisition target for Publix. Giant way overpaid for those stores.
Publix has acquired stores from chains (Albertson's and Bi-Lo). It has not acquired entire chains.
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Old 02-02-2016, 03:55 PM
 
Location: Virginia (again)
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Quote:
Originally Posted by Carolina Knight View Post
Publix has acquired stores from chains (Albertson's and Bi-Lo). It has not acquired entire chains.
There are 20+ Martins in Richmond (about 130 total), over 2,000 Albertsons, and about 200 Bi Lo's from what I can tell. Buying 20 stores (or 130) wouldn't be unthinkable.
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Old 02-02-2016, 04:27 PM
 
Location: South Carolina
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Bi-Lo, formerly a division of Ahold and now a banner of Southeastern Grocers, is down to 182 stores in Georgia, North Carolina and Tennessee. Southeastern Grocers divested 29 Bi-Lo stores in Georgia to Tennessee to K-VA-T Food Stores, which converted them to Food City.

I have heard speculation Bi-Lo will be exiting North Carolina through store divestment and closings.
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Old 02-02-2016, 04:53 PM
 
Location: Where my bills arrive
10,811 posts, read 11,074,087 times
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Quote:
Originally Posted by Carolina Knight View Post
Aldi focuses on grocery and general merchandise staples, limits its items to its own brands or one or two additional brands, and reduces expenses by cart rental, no bags, no ambient music and minimal advertising,
I can't really agree I thought their prices were high for their brand and the limited selection for many food items was a deterrent to me. Reports had said that they were really good for fresh produce but I didn't see it, lack of carts seems nickel/dime and I don't see where any significant saving are generated. To each his own....
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Old 02-02-2016, 04:59 PM
 
Location: Where my bills arrive
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Maybe Publix will push Martins over the edge, they are continuing to close stores and I haven't met anyone who says they like shopping there. Once Wegmans open people will understand what Ukrop's tried to be but never was.
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Old 02-02-2016, 05:16 PM
 
Location: South Carolina
20,586 posts, read 21,313,173 times
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Quote:
Originally Posted by VA Yankee View Post
I can't really agree I thought their prices were high for their brand and the limited selection for many food items was a deterrent to me. Reports had said that they were really good for fresh produce but I didn't see it, lack of carts seems nickel/dime and I don't see where any significant saving are generated. To each his own....
Aldi limits its transactions to cash, debit card, or electronic benefit transfer cards only. If it had more payment options like electronic check processing, I would be at Aldi more often. I have discovered another discount grocer that is just as good as Aldi.
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Old 02-02-2016, 05:18 PM
 
Location: South Carolina
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Quote:
Originally Posted by VA Yankee View Post
Maybe Publix will push Martins over the edge, they are continuing to close stores and I haven't met anyone who says they like shopping there. Once Wegmans open people will understand what Ukrop's tried to be but never was.
Publix and Wegman's will be excellent supermarket participants in the Richmond area.
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Old 02-02-2016, 06:05 PM
 
Location: Virginia (again)
2,697 posts, read 8,023,078 times
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Quote:
Originally Posted by Carolina Knight View Post
Publix and Wegman's will be excellent supermarket participants in the Richmond area.
Wegman's will be. Who knows on Publix. I just never got what people raved about.

The new article says Publix wants to aggressively grow in Richmond. The quickest way to do that is to acquire a bunch of stores.
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Old 02-02-2016, 07:05 PM
 
Location: Where my bills arrive
10,811 posts, read 11,074,087 times
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Quote:
Originally Posted by Carolina Knight View Post
Publix and Wegman's will be excellent supermarket participants in the Richmond area.
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.
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