Grocery used to be a low mark up business and now it's all about steering you to merchandise that they can Keystone.
The use of data from their customers has certainly changed the way people look at buying groceries but Kroger and all it's brands make them the 800LB Gorilla in the room.
ranking nationally : Number of employees
3 Kroger 443,000
Quote:
Originally Posted by banecat
You make many valid points. I don't know enough about Trader Joe's as I left the business about ten years ago after being in grocery retail management. I left after Wally World had taken it's toll on the biz. A friend of mine who'd left the industry after college said to just wait out the storm
He basically said that specialty retail will never go away and probably eventually make a comeback. It did. It's a lesson that Aldi, Price Chopper/Hen House, HyVee, Target, Winco, HEB, Safeway, Kroger, and a few others either knew or learned. Kmart decided to merge with Sears ad go into the real estate market, and mall mart has a bad rep and can't trick people with a 1000 dollars a month in discretionary spending to shop there unless they're in a rural market. I wouldn't be all too surprised if CVS, and Walgreens start doing a better job of expanding their food services
|