retail news in context, analysis with attitude

The Fresno Bee has a story about how supermarket competition in California’s Central Valley is ramping up, with traditional stores facing new competition from the likes of Walmart and Target.

There already has been some fallout, with Save Mart closing two stores in Fresno County because of competition and a tough economy.

According to the story, “In the Valley, traditional grocery stores such as Vons, Save Mart and independents already compete with Hispanic-grocery stores like Vallarta, discounters like Foods Co., warehouse clubs like Costco, and specialty grocers like Whole Foods. Even drugstores are increasingly selling food ... The Valley already has a few big-box stores with expanded food options, including Walmart Supercenters, a Target Greatland in Visalia and a SuperTarget in Tulare. Some of the traditional Targets also have sizable food sections. But the remodels coming in the next year or so will expand that even further. The stores will sell fresh produce and fresh baked goods delivered daily, and offer 40% more food than a regular store, according to Target officials.”
KC's View: