Grocers like Lidl and Aldi continued their massive expansion across the US in spite of the COVID pandemic—but it was Southern stalwart Winn-Dixie that truly 'redefined' itself in the midst of the crisis, according to a new analysis from Placer.ai.
The grocer's "focus on value ,being a one-stop shop, and proximity to audiences drove significant growth during COVID," Placer.ai's Ethan Chernofsky writes in a new report. And foot traffic states back up that claim: visits to the brand's locations are up 18.4% over July 2019 numbers, suggesting the chain "could be oriented towards a much brighter trajectory as a result of its pandemic performance."
Meanwhile, brands like Trader Joe's, H-E-B, Ralph's and Harris Teeter showed significant recoveries over recent months, with all four brands showing improvements in July over July 2019 numbers. Visits to H-E-B were up 4.5% over July 2019 figures, while Trader Joe's saw visits up 11% in the same period.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.