ORANGE COUNTY, CA—In part 2 of GlobeSt.com's exclusive two-part analysis on the grocery sector, four retail executives tell us we should expect more twists and turns in this arena—particularly in Southern California, where the competition is fierce and plentiful. In part 1, we discussed the impact of Haggen's exit on the sector; here, we look at the future and what else retail players should know.
GlobeSt.com: Do you anticipate more shake-ups in the grocery sector?
Ben Terry, senior associate, Coreland Cos.: Over the next five years, I do think we are going to see more shake-ups as the unionized grocery chains try to stay competitive and the deep-discount chains continue to penetrate the Southern California market.
Ed Hanley, president, Hanley Investment Group: Look for the grocery store industry to become increasingly competitive as new smaller operators begin to enter the market to fill the new vacancies.
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