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Markets & Stores

Rochester

Rochester, MN Grocery situation...

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Markets & Stores 5

Rochester, MN Grocery situation...

Garris | May 21, 2004 08:43 PM

I don't know if this is the appropriate board, but I thought I'd share a Wal-Mart and Target tale from out here in Rochester.

We had a grocery store landscape that used to look like this in the Rochester Metro only 3 and 1/2 years ago (pop 100,000):
- Hyvee (3 stores)
- Rainbow (3 stores)
- Econofoods (2 stores)
- Cub (1 store)
- Several small Asian markets
- One or two small neighborhood markets

These stores all competed against each other fiercely. Then, in the last 3 and 1/2 years, we've had both a Super Target and a Wal-Mart Supercenter open, both with grocery stores and both about 2 minutes away from one another. Last year, the three Rainbow markets closed, and now it was announced this week that the two Econofood markets are closing. Our supermarket lineup now looks like this:
- Wal-Mart Supercenter
- Super Target
- Hyvee (3 stores)
- Cub (1 store)
- The small Asian and neighborhood markets

If Hyvee were to close its three stores in the future, the entire Rochester metro would only be served by Wal-Mart and Target for its grocery needs, with only Cub on the edge of town for competition.

Food for thought...

Garris

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