Publix entering Louisville, KY in 2023

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TempoNick
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Re: Publix entering Louisville, KY in 2023

Post by TempoNick »

Knight wrote: September 26th, 2021, 11:51 am
Kroger being on top in the Atlanta area and Georgia is interesting. It is behind Publix in supermarket market share, and its Kroger Marketplace stores are behind Walmart Supercenter in hypermarket market share.

As of 2018:

Kroger, which has 150 Georgia stores, dominates with more than 30% of the grocery store share in the state, according to the latest data supplied by The Shelby Report. Walmart is second with 105 stores and nearly 25% of the market share, followed by Publix, with 155 stores and almost 22% of the market share. They are the big three. According to The Shelby Report, all other grocers in Atlanta command less than 5% of market share each.

https://www.bisnow.com/atlanta/news/ret ... g-up-90664
storewanderer
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Re: Publix entering Louisville, KY in 2023

Post by storewanderer »

TempoNick wrote: September 26th, 2021, 6:17 pm
Knight wrote: September 26th, 2021, 11:51 am
Kroger being on top in the Atlanta area and Georgia is interesting. It is behind Publix in supermarket market share, and its Kroger Marketplace stores are behind Walmart Supercenter in hypermarket market share.

As of 2018:

Kroger, which has 150 Georgia stores, dominates with more than 30% of the grocery store share in the state, according to the latest data supplied by The Shelby Report. Walmart is second with 105 stores and nearly 25% of the market share, followed by Publix, with 155 stores and almost 22% of the market share. They are the big three. According to The Shelby Report, all other grocers in Atlanta command less than 5% of market share each.

https://www.bisnow.com/atlanta/news/ret ... g-up-90664
I find that very impressive that Publix is pulling volumes that are just 25% below Kroger. Kroger Atlanta has a lot of very big over 60k square foot high volume stores (easily over $1 million a week). Publix by contrast seems to run a lot of little 40k square foot type stores, also open shorter hours than Kroger. This adds to the narrative of the very high success of Publix in Atlanta.
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Re: Publix entering Louisville, KY in 2023

Post by TempoNick »

storewanderer wrote: September 26th, 2021, 6:20 pm
I find that very impressive that Publix is pulling volumes that are just 25% below Kroger. Kroger Atlanta has a lot of very big over 60k square foot high volume stores (easily over $1 million a week). Publix by contrast seems to run a lot of little 40k square foot type stores, also open shorter hours than Kroger. This adds to the narrative of the very high success of Publix in Atlanta.
Two points:

1. I don't know how they calculate market share, but if it's based on dollars spent, Publix, with higher prices, is going to have lower volume compared to retailers with lower pricing.

2. I'm skeptical that grocer that closes the majority of their stores at 10 pm (last time I checked, which was long before Covid) is bursting at the seams with customers. To me successful = people and volume. People and volume means longer hours.

No question Publix is successful and they have their niche, however.
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