The 691-store Lakeland, FL-based supermarket chain is out-distancing its nearest rival, the 1,073-unit Winn-Dixie Stores Inc. of Jacksonville, FL, as No. 1 on national investors' buying lists, the study says. That's a 180-degree turnaround from 1999 when Winn-Dixie led all grocers in Florida with a 57% market share.
Publix market share three years ago was only 21% but the chain moved ahead for the first time in 2000 with 45% market share, then improved that number to 60% in 2001. At the same time, Winn-Dixie slumped to 9% in 2000 but rallied to 13% in 2001.
Crow didn't list an estimated market share for either company for 2002. But other brokers tell GlobeSt.com on condition of anonymity Publix is expected to wind up this year with 65% market share against Winn-Dixie's improved 15%.
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