Little-Known H-E-B Shows the Way
As the post-recession era drags on, the dynamics of retailing are changing, adjusting to the new normal.
As we’ve seen lately in the pages of the Robin Report, some retailers that didn’t fare any too well in the recession are circling the wagons and shedding retail units. Opportunistically, those sites are being picked up by resiient retailers that survived the recession. What we’re seeing is the classic case of the big getting bigger and stronger, and the weak continuing on a downward trajectory. Is it simply survival of the fittest? Or poor strategic planning?
There’s another path to growth that’s increasingly being considered by clever American retailers, namely international expansion. Some retailers have long had a presence beyond America’s borders; McDonalds and Starbucks have led the way. Others are making the leap for the first time or expanding into more countries, including Bloomingdale’s, Urban Outfitters, J. Crew, Ralph Lauren, and Gap.
Yet, one strange anomaly persists in the world of retailing — and stranger still, it concerns the largest and most widespread retailing of all — food retailing, or, to be more precise, conventional supermarkets. [Read more...]