Re: Kroger Covington, TN "sold" to Cash Saver operator
Posted: September 6th, 2020, 11:54 am
This is a small town beyond the suburban fringe of Memphis that has a lot of poverty. It probably has a limited future for Kroger.
Crazy about retail.
https://www.retailwatchers.com/
I think Publix built distribution that could supply those states. Not sure how Publix will do in those states...retailfanmitchell019 wrote: ↑September 6th, 2020, 8:07 pmIs Publix seriously expanding into Arkansas, Kentucky, and even Missouri?
Not yet.retailfanmitchell019 wrote: ↑September 6th, 2020, 8:07 pmIs Publix seriously expanding into Arkansas, Kentucky, and even Missouri?
Publix Super Markets has a distribution center in McCalla, Alabama,, that is positioned to expand and serve additional stores in future markets west of current western fringe store locations. Publix supermarkets could be instant upgrades from Kroger supermarkets and Kroger Marketplace and Walmart Supercenter hypermarkets.storewanderer wrote: ↑September 6th, 2020, 11:00 pmI think Publix built distribution that could supply those states. Not sure how Publix will do in those states...retailfanmitchell019 wrote: ↑September 6th, 2020, 8:07 pmIs Publix seriously expanding into Arkansas, Kentucky, and even Missouri?
I think there is a reason why Publix hasn't fully exploited those areas yet and not opened a large number of stores- it is because the relatively low number of stores they have are not doing particularly well and they know adding additional stores will only slice the pie more thin for the existing stores. They also have to do things in these newer/distant markets like stay open past 8 or 9 PM as they close so early in much of FL, due to additional competition that actually holds reasonable evening hours, if they want to be taken seriously, which increases their operating costs. I have also found their customer service is much better in those newer/distant markets than in FL and I assume it takes some resources to make that happen as well.buckguy wrote: ↑September 12th, 2020, 5:10 am Publix hasn't fully exploited its existing territory--places like Knoxville (where they only have a few stores). There are a limited number of places with the population base and relative prosperity to which they can expand. Memphis would make sense but a place like Covington isn't one of them. It's a long way from McCalla (greater Birmingham) to even Bowling Green, KY (a logical first stop for them---relatively prosperous town with a state university on I-65 N of Nashville).
FWIW, Kroger had opened a store in Detroit proper (14383 Gratiot Ave) back in 2001. It failed spectacularly and they unloaded the store as fast as they could to a Chaldean operator 2 years later.storewanderer wrote: ↑September 2nd, 2020, 6:15 pmDid you see the photos of his current store (can find by searching) from earlier this year?klkla wrote: ↑September 2nd, 2020, 5:28 pmFrom the article, "“It won’t look anything like it does now,” Dana said. “You won’t even recognize the building in a few months.”TW-Upstate NY wrote: ↑September 2nd, 2020, 9:16 am Hope the new owners at least keep the greenhouse look when they do their planned makeover. It's not exactly as iconic as an A+P "Centennial" but still quite distinctive. Was glad to see a hometown operator get a location like this too instead of just another cookie cutter chain.
Sounds like they are planning a full interior and exterior remodel but he might be exaggerating.
He did have self checkout in his current store...
Maybe Kroger is requiring him to do some renovations so it doesn't look like Kroger inside anymore.