The Democrat & Chronicle reports that Wegmans "plans to make a greater push into North Carolina, a move that would put it up against some of the largest grocery store chains in the country trying to take advantage of a weak market." Kroger and Publix also are looking to expand their footprints there.
MNB fave Burt Flickinger, managing director of the Strategic Resource Group, tells the paper that this move could "serve as a jumping off point for Wegmans into other areas of the southeast." Flickinger says that " "Wegmans could double the current size of its corporate sales just by filling out the region between Virginia, the Carolinas, into Tennessee and Georgia and north Florida."
MNB fave Burt Flickinger, managing director of the Strategic Resource Group, tells the paper that this move could "serve as a jumping off point for Wegmans into other areas of the southeast." Flickinger says that " "Wegmans could double the current size of its corporate sales just by filling out the region between Virginia, the Carolinas, into Tennessee and Georgia and north Florida."
- KC's View:
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The smile on my face is because I'm going to have plenty to write about for the foreseeable future as these tough competitors square off. Yippee.
