retail news in context, analysis with attitude

Yesterday, MNB noted that both Sweetbay Supermarkets and Albertsons are closing stores in Florida, dealing with underperforming units in a state that has been reeling from the impact of the recession.

But it should have been noted at the same time that Publix Super Markets will open its 1,000th store next month, in St. Augustine, Florida – the state where the company has about three quarters of its units, and where it has roughly 40 percent of the grocery business.

KC's View:
The record speaks for itself, and has since 1930.