NYC Area Cooperatives

[marketreportblog]

Here's a fun wrinkle in the Village Super Market story in NYC. They just opened on Friday a new two-story Gourmet Garage supermarket in the West Village of Manhattan, and interestingly enough, some of the departments (coffee, for instance) are Fairway-branded. Since this Gourmet Garage is larger and more mainstream (it looks like) than the other Gourmet Garage stores, I really have to wonder why it wasn't just branded Fairway. They've owned the Fairway name for almost two years now, so it's not a timing issue...

[marketreportblog]

Not a cooperative, but I thought this article was worth sharing. Fascinating read about the struggle for control over Western Beef in NYC. There have been some very strange choices made lately, but this explains a lot of it.

https://www.curbed.com/2022/05/western- ... ntals.html

[retailfanmitchell019]

And of course, we can't forget Wakefern, not so much for their own stores (ShopRite) but that they are now also supplying others using that Fresh Grocer name (including ones like Colonia NJ that were once part of Foodtown).

None in NYC proper (yet) but they surely could be an option for that area if owners of the smaller stores wanted to use them?

Combined, all of the ShopRite operators have 22.7% market share in the NYC metro.
Walmart is no higher than #7. Ouch.
Even Acme has higher market share than Walmart.
I'm guessing the price sensitive shopper in the NYC metro is usually going to ShopRite?
https://chainstoreguide.com/offthechain ... ket-share/

[mbz321]

Walmart is no higher than #7. Ouch.
Even Acme has higher market share than Walmart.

It shouldn't be that surprising, Walmart stores in that area are few and far between, and I don't think very many of those, if any are supercenters...most are still old Division 1 stores in the carcasses of old Bradlees and Caldor and other bygone retailers. Target is much higher on that list due to their smaller locations which are heavily grocery-focused.

[BillyGr]

Walmart is no higher than #7. Ouch.
Even Acme has higher market share than Walmart.

It shouldn't be that surprising, Walmart stores in that area are few and far between, and I don't think very many of those, if any, are still old Division 1 stores in the carcasses of old Bradlees and Caldor and other bygone retailers. Target is much higher on that list due to their smaller locations which are heavily grocery-focused.

Makes perfect sense. Obviously not too likely to find something Walmart sized in NYC itself (or at least not most of the city), unless they managed to take over something else that was there. Probably some in the more outlying areas, but particularly on the NJ side, ShopRite has been around, and many people just don't think of going to other places even where they are an option.