Stater Bros. remodels
Posted: August 4th, 2018, 12:26 pm
Probably because it’s much smaller and most of its stores are located in the Inland Empire — a region that, as a whole, hasn’t experienced the intense demographic shifts that LA and Orange Counties have. The rest of its stores (LA/Orange) were cherry picked from the Lucky-Albertsons merger.storewanderer wrote: ↑August 4th, 2018, 1:15 pm They also seem to know how to keep stores open because they haven't closed even 1/10 the number of stores that Albertsons, Ralphs, and Vons have closed in SoCal over the past decade.
I agree with what your saying about them not doing much expansion in LA/OC but they did pick up one Haggen in Simi Valley. Although that is technically in Ventura County, Simi Valley is considered a suburb of Los Angeles with the majority of residents working in LA.Bagels wrote: ↑August 21st, 2018, 12:48 amAnd it obviously doesn’t have any intentions on expanding in LA/Orange either, since it twice choose not to bid on any of the Albertsons-Vons divested stores (initially, and during Haggen’s bankruptcy), all of which featured leases significantly below market rate. They just won’t get that opportunity again.
I was very surprised Kroger or Stater did not take advantage of the Haggen situation better.Bagels wrote: ↑August 21st, 2018, 12:48 amProbably because it’s much smaller and most of its stores are located in the Inland Empire — a region that, as a whole, hasn’t experienced the intense demographic shifts that LA and Orange Counties have. The rest of its stores (LA/Orange) were cherry picked from the Lucky-Albertsons merger.storewanderer wrote: ↑August 4th, 2018, 1:15 pm They also seem to know how to keep stores open because they haven't closed even 1/10 the number of stores that Albertsons, Ralphs, and Vons have closed in SoCal over the past decade.
Stater Bros. Operates roughly the same number of stores in LA/Orange today that it did then (a few opened, a few closed-mostly in the past few years); all growth has come in the Inland Empire. And it obviously doesn’t have any intentions on expanding in LA/Orange either, since it twice choose not to bid on any of the Albertsons-Vons divested stores (initially, and during Haggen’s bankruptcy), all of which featured leases significantly below market rate. They just won’t get that opportunity again.
Kroger’s decision doesn’t surprise me. They had too many stores — at one point, it was estimated the average Ralph’s pulled in significantly less revenue (and had more expenses) than the average Kroger outside the district — and have been aggressively closing locations. All of the divested Von’s-Albertsons stores were within close proximity of Ralph’s; a few may have had better locations, but the neighboring Ralph’s had recently completed renovation.storewanderer wrote: ↑August 21st, 2018, 8:33 pmI was very surprised Kroger or Stater did not take advantage of the Haggen situation better.Bagels wrote: ↑August 21st, 2018, 12:48 amProbably because it’s much smaller and most of its stores are located in the Inland Empire — a region that, as a whole, hasn’t experienced the intense demographic shifts that LA and Orange Counties have. The rest of its stores (LA/Orange) were cherry picked from the Lucky-Albertsons merger.storewanderer wrote: ↑August 4th, 2018, 1:15 pm They also seem to know how to keep stores open because they haven't closed even 1/10 the number of stores that Albertsons, Ralphs, and Vons have closed in SoCal over the past decade.
Stater Bros. Operates roughly the same number of stores in LA/Orange today that it did then (a few opened, a few closed-mostly in the past few years); all growth has come in the Inland Empire. And it obviously doesn’t have any intentions on expanding in LA/Orange either, since it twice choose not to bid on any of the Albertsons-Vons divested stores (initially, and during Haggen’s bankruptcy), all of which featured leases significantly below market rate. They just won’t get that opportunity again.
San Diego would have been another opportunity for Stater. As it stands they have one store in San Diego proper (far north) which until a year ago featured a repainted Lucky 90's interior.