Supercenters Vs. Supermarket Strip Centers
9 August 2001 - 7:00am
Supercenters operated by giant discount chains are biting into the business of the supermarket-anchored strip center.
"Supercenters, which usually contain at least 150,000 square feet of selling space split between a discount store and a full supermarket, are cutting into the $500 billion grocery industry, and now account for nearly 10% of all sales in the market segment, according to Willard Bishop Consulting (WBC), a grocery industry consulting firm based in Barrington, Ill."
Full Story:
Supercenters Pose Quandry For Strip Center
Source:
International Council Of Shopping Centers, August 15, 2001
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