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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: bruwin who wrote (21642)7/9/2005 3:49:07 PM
From: Suma  Read Replies (1) | Respond to of 78763
 
The grocery business is competitive too. We have an Albertsons, Kash and Karry and Publix in Sarasota. The Publix out stripes every other store.. Visible when shopping. A few check out counters at the former two and Publix has 7 lanes going.

Up here Harris Teeter competes well with Lowes...Both are native N.C . stores.. Winn Dixie formerly a front runner in the South is closing all of it's stores in NC... They are in bankruptcy.

Food Lion is a third to the big two and Harris Teeter does a lot of specialty items . Then there is Earth Fare, a newcomer that has only organics foods.

It's all real competitive. I know Kroger and some of the other big stores have not done well and stocks prices are down. Walmart's Super Centers take the blame but I can say from being an ardent shopper( I love food shopping) that price wise they beat all the stores hands down. It's just not a great environment to shop in and selection is modest. However, let's say for a qt. of Coffee mate (liquid and flavored ) Walmart charges $ 2.28.... The other stores are well over two dollars . Some people don't care about prices. I do. I love to get a bargain.