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Publix Passes Winn-Dixie on Investor-Demand Scale, Crow Finds

ORLANDO-A 2002 Trammell Crow retail forecast shows the 691-store Lakeland, FL-based grocer garnered 60% market share in 2001, up from 45% in 2000 and 21% in 1999.

By Alex Finkelstein | Updated on August 20, 2002

ORLANDO-Grocer-anchored shopping centers are money in the bank to national investors this year and Publix-anchored properties are leading the buy-me-now list with runaway market share numbers, a Trammell Crow Co. retail market forecast for 2002 shows.

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.

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