From Publix to Aldi: How consumer passion drives retailer growth
SN just unveiled a first-time list of 15 food retailers that are among the fastest growing in terms of new store development. So what’s so special about these retailers?
A lot of things. They are leaders in new units planned as a percentage of total store bases. They see growth opportunities, have the determination to expand, and have available cap-ex funds. However, more importantly in my opinion are their strong consumer followings that enable them to keep growing.
How can these followings be quantified? Almost all of the SN 15 also appeared relatively high on the latest Consumer Reports ranking of the best supermarkets, based on that magazine’s reader polling. It focused on factors including service, perishables, prices and cleanliness and included a supermarket buying guide. Retailers that made SN’s growth list and also scored well with Consumer Reports include Trader Joe’s, Publix, Costco, Sprouts Farmers Markets, H-E-B, WinCo, Aldi, Whole Foods Market and Meijer, among others. Supermarket News – Read more…