retail news in context, analysis with attitude

There is a good piece in the Seattle Times that offers some historical perspective on Haggen's growth from 18 to 168 stores, virtually overnight, as a result of a purchase of stores divested in the Albertsons-Safeway deal.

An excerpt:

"Haggen’s sudden ascent into the ranks of large regional grocers underscores the turmoil suffered by the grocery industry, a low-margin business assailed by competition from large discounters such as Costco and Walmart, specialty grocers such as Whole Foods and online retailers. 'There is high risk and possibly high reward,' said Burt Flickinger, managing director of retail consultancy Strategic Resource Group."

You can read the entire story here.
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