Midwest Territory Expansion

Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. No non-grocery posts.
pseudo3d
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Re: Midwest Territory Expansion

Post by pseudo3d »

retailfanmitchell019 wrote: February 18th, 2021, 11:57 am
Bakeragr wrote: February 11th, 2021, 6:12 am Pyramid Foods (Ramey Price Cutter) is the market leader in Springfield and had purchased several former Albertsons locations in Oklahoma, which they successfully ran into the ground and have either closed or sold to Homeland or Reasors.
Price Cutter also purchased the Albertsons stores around Springfield (most of them former Smitty's- not related to AZ chain)in 2002. Albertsons bought the Smitty's-MO stores in 1998.
Albertsons actually built 1 store from the ground up in Springfield around 2000: https://www.google.com/maps/place/Price ... 93.3214733
Interior still has some Grocery Palace bits.
Another Price Cutter (ex-Smitty's) in Nixa (Springfield suburb) still has Grocery Palace, and even Albertsons-font Food & Pharmacy signs: https://www.google.com/maps/place/Price ... 93.3012843
Albertsons could probably buy back these stores and keep the Price Cutter name, or convert them to Albertsons. Probably the former, as there aren't much people in Springfield who remember Albertsons.
Albertsons' current market strategy isn't to plant markets around the country to make one continuous ribbon of Albertsons stores, that hasn't been the case for years. In the case of places like Springfield, buying Smitty's (I believe that it was a licensed concept from the original AZ one, it had the same logo), the goal was to build up the stores through the country and eventually link markets. Des Moines and Nashville were similar, but they never really managed to complete the link before they started to close down markets again (though with the case of linking Florida and Houston, they came pretty close).

So far with Albertsons, all we've seen since 2015 is the strategy of building stores in their market areas or adjacent areas. These include some North Texas stores from Lawrence Bros. (United), Andronico's (NorCal), Haggen (Seattle), the A&P stores (ACME, now Mid-Atlantic), and Kings/Balducci's (Mid-Atlantic). For the right price, maybe, but I don't see RPCS selling.
storewanderer
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Re: Midwest Territory Expansion

Post by storewanderer »

pseudo3d wrote: February 18th, 2021, 4:55 pm
Albertsons' current market strategy isn't to plant markets around the country to make one continuous ribbon of Albertsons stores, that hasn't been the case for years. In the case of places like Springfield, buying Smitty's (I believe that it was a licensed concept from the original AZ one, it had the same logo), the goal was to build up the stores through the country and eventually link markets. Des Moines and Nashville were similar, but they never really managed to complete the link before they started to close down markets again (though with the case of linking Florida and Houston, they came pretty close).

So far with Albertsons, all we've seen since 2015 is the strategy of building stores in their market areas or adjacent areas. These include some North Texas stores from Lawrence Bros. (United), Andronico's (NorCal), Haggen (Seattle), the A&P stores (ACME, now Mid-Atlantic), and Kings/Balducci's (Mid-Atlantic). For the right price, maybe, but I don't see RPCS selling.
RPCS very recently sold 3 former Albertsons in Ponca City, Stillwater, and Bartlesville, OK (solid performing stores-even after being run by RPCS) to Homeland (along with 2 other stores in Ponca City). I am confident Homeland will run these stores well; Homeland generally does a pretty good job with former Albertsons Stores (completely different from their former Safeway Stores). Maybe not as well as Albertsons ran them, but at least very close. If Albertsons wanted back into that market, or to do any sort of a deal with RPCS, that was their chance. At this point I just don't see it happening. RPCS is one of the worst operators I've come across but their stores in Springfield looked somewhat better than what I saw elsewhere. The first of their units I visited was their former Albertsons in Ponca City about 12 years ago. A store in disrepair, dirty, expired products on the shelves, broken checkout equipment; amazed they lasted as long as they did. The last RPCS operation I was in was Bartlesville a couple years ago and it was clean enough but had the expected issues with expired product; still wasn't running Chip cards at that time and was running some ancient NCR registers after pretty much every other grocer had switched to Chip card processing.

Albertsons does still have drug distro in Ponca City.
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