In the grocery industry, like many retail industries, there’s no room for error when it comes to opening new locations. Before you invest time, energy and financial resources into the opening of a store, you need to analyze that site thoroughly and understand its sales potential.
As you probably know already, the SiteSeer leadership team brings extensive experience in grocery retail, with several of us having worked in retail research for one of the nation’s large grocery chains for decades. And we continue to work with numerous grocer retailers so we’re always interested in what’s happening in the world of grocery.
If you’re in the grocery industry or you pay attention to industry news, you’ve probably heard: the largest supermarket chain the country, Kroger, is expanding into Florida. But…they intend to do so without opening a single store in the Sunshine State.
Over the last year, the business headlines have been dominated by companies that have struggled—the restaurants, retailers, and other independent and chain businesses that have seen decreased demand or been forced to operate at reduced capacity for the majority of the past 13 months.
Just before the calendar flipped to 2021, Albertsons Companies made a big announcement regarding its grocery delivery service.
Two months into our global shutdown due to the coronavirus pandemic and one thing is pretty clear: there are some businesses that are inherently built to withstand a crisis like this one. One such industry: grocery.