Kroger to Open 3 Marketplace Stores in North Texas

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Kroger to Open 3 Marketplace Stores in North Texas

Post by arizonaguy »

https://www.theshelbyreport.com/2023/03 ... 7b9fa19141

Locations: Fort Worth, Melissa and Plano

Surprised that these will be Marketplace stores. They seem to have shied away from that format in more recent builds instead going for a 100k square foot conventional format.

Also I am curious what, if anything, this says about the Albertsons merger and potential absorption of all or some Albertsons, Tom Thumb and Market Street stores in the area.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by retailfanmitchell019 »

arizonaguy wrote: March 21st, 2023, 5:53 pm https://www.theshelbyreport.com/2023/03 ... 7b9fa19141

Locations: Fort Worth, Melissa and Plano

Surprised that these will be Marketplace stores. They seem to have shied away from that format in more recent builds instead going for a 100k square foot conventional format.

Also I am curious what, if anything, this says about the Albertsons merger and potential absorption of all or some Albertsons, Tom Thumb and Market Street stores in the area.
I'd think Kroger is doing this as a reactionary move against HEB.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by storewanderer »

This is great news. The Marketplace format was a good one in Dallas, I did not understand why they quit building them in that market.

If this is a reactionary move to HEB, I am not sure how it will play out. They would have been better off opening 2-3 of these every couple years for the past decade.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by buckguy »

They've opened a couple in the Atlanta area. They may think this makes them more comeptitive with Walmart (which has almost as much market share as they do there).
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by veteran+ »

arizonaguy wrote: March 21st, 2023, 5:53 pm https://www.theshelbyreport.com/2023/03 ... 7b9fa19141

Locations: Fort Worth, Melissa and Plano

Surprised that these will be Marketplace stores. They seem to have shied away from that format in more recent builds instead going for a 100k square foot conventional format.

Also I am curious what, if anything, this says about the Albertsons merger and potential absorption of all or some Albertsons, Tom Thumb and Market Street stores in the area.
As usual, I am so jealous!
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by Bakeragr »

My guess is that Kroger is simply trying to keep up with all of the new growth in North Texas. They took a pause I suppose when all of their money was going to their Occado "sheds" and now they're trying to catch up. I would suspect that the DFW area is one of their best markets. I don't think their Occado investment is going to pay off like they think. Stores are still necessary.

My wife and I went to a concert last weekend in OK at a casino and had to stay in nearby Sherman, TX. The Kroger there was super busy on Saturday morning. It wasn't the nicest store, it was so jam packed with stuff that the layout didn't really make sense. It didn't seem to matter to the customers, however. There was a former greenhouse store across the street however, so this one obviously replaced it at some point.
As fast as this area is growing, there's room for them and HEB in the future.

On an unrelated note, driving through Tulsa I saw a large sign on US 75 north of town for an Albertsons that has never been taken down. The store is vacant (according to Google maps), but there on the highway towards Owasso, was a big sign for Albertsons still. Like 20 years later.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by BatteryMill »

Great to see Kroger back at store openings after focusing on Ocado. Now I hope that their architecture improves, since the exteriors are quite drab and poorly scaled compared to what came before.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by storewanderer »

Bakeragr wrote: March 22nd, 2023, 8:09 am My guess is that Kroger is simply trying to keep up with all of the new growth in North Texas. They took a pause I suppose when all of their money was going to their Occado "sheds" and now they're trying to catch up. I would suspect that the DFW area is one of their best markets. I don't think their Occado investment is going to pay off like they think. Stores are still necessary.

My wife and I went to a concert last weekend in OK at a casino and had to stay in nearby Sherman, TX. The Kroger there was super busy on Saturday morning. It wasn't the nicest store, it was so jam packed with stuff that the layout didn't really make sense. It didn't seem to matter to the customers, however. There was a former greenhouse store across the street however, so this one obviously replaced it at some point.
As fast as this area is growing, there's room for them and HEB in the future.

On an unrelated note, driving through Tulsa I saw a large sign on US 75 north of town for an Albertsons that has never been taken down. The store is vacant (according to Google maps), but there on the highway towards Owasso, was a big sign for Albertsons still. Like 20 years later.
I wonder which location that was in Tulsa.

There is a building in Tulsa off I-75 at Peoria Street (NW of the 75-Peoria intersection) that was a brand new Albertsons in a tough neighborhood and it closed when they exited the market. This store to this day has an Albertsons/Sav-On sign visible out on Peoria Street. Since your sign has no Sav-On logo I am wondering if it is a different location. But North Tulsa has been a food desert for most of the past many decades, despite efforts of many and multiple grants trying to get a store to work. A new operator called Gateway got a bunch of city incentives to reopen the Albertsons in 2010 and it reopened with a Bank of Oklahoma branch and everything (runs the Las Americas Stores around Tulsa and elsewhere) and he opened the full footprint and it really struggled with a lack of customers and theft and closed in 2014. Then he re-opened it in late 2014 but only part of the space and it failed AGAIN by 2017. So there was a store there sort of in varying states from 2010-2017. Then, in 2021, a different operator, Oasis, opened a smaller new construction store across the street from the vacant Albertsons (also with city incentives of $3.9 million and is on track to get American Recovery Act funding of $30 million to build 4 more stores) sort of an Aldi-sized place but a full conventional store and the Albertsons sits vacant. The Oasis reportedly gets customer count of 400-600 customers per day (that may be enough for the small store). The Albertsons Express ran as a scary looking unbranded station for a while but was ultimately demolished and Quik Trip built.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by Bakeragr »

Yes, that's right where the sign was, Highway 75 and Peoria Avenue.
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Re: Kroger to Open 3 Marketplace Stores in North Texas

Post by Super S »

It's interesting that Kroger is opening these while the Fred Meyer brand, with the similar format, is stagnant in regard to new locations.
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