The Florida Times-Union reports that in the wake of Winn-Dixie’s filing for bankruptcy, “there has been speculation that Wal-Mart might swoop in and take some of the space as part if its effort to open more Neighborhood Markets.”
The paper notes that it is expected that Winn-Dixie will be forced to sell or close as many as 300 stores as it reorganizes, and that numerous players are likely to be interested in the real estate.
At the same time, the Times-Union notes that “by the end of April, the eight Wal-Mart Supercenters in Northeast Florida accounted for almost 19 percent of the area's grocery spending.”
The paper notes that it is expected that Winn-Dixie will be forced to sell or close as many as 300 stores as it reorganizes, and that numerous players are likely to be interested in the real estate.
At the same time, the Times-Union notes that “by the end of April, the eight Wal-Mart Supercenters in Northeast Florida accounted for almost 19 percent of the area's grocery spending.”
- KC's View:
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So maybe it doesn’t really matter what Winn-Dixie does.
The paper also notes that part of Winn-Dixie’s problem is that it doesn’t make a differentiated offer to consumers – which is something that Publix does - which allows it to successfully co-exist with Walk-Mart.
