Supermarkets now sell gas, prescriptions and have sit-down restaurants. Everyone is competing with everyone else. |
Supervalu has offered to sell off its Cub Food stores in Chicago where it competes with (Albertsons') Jewel chain. |
Technology is going to reshape the food industry, although it's still too early to tell which formats will win. |
Wal-Mart is the 800-pound gorilla. You're going to want to do more things for a customer who is growing as fast as Wal-Mart is. |
You can let your stores grow old and tired for a period, but if someone comes in with brand new shiny stores and competitive prices, you'll go out of business quickly. They need to keep themselves up and invest in store upgrades. |