The Brits starting a Revolution here in the States?
Tesco’s Fresh & Easy stores may be small, but their impact on the American grocery industry probably won’t be. Tesco opened 30 of these 10,000-square-foot supermarkets throughout Southern California and in Las Vegas and Phoenix in November and December. And the company says it will open 20 more by the end of February.
...“This is going to be absolutely huge,” said Phil Lempert, a food industry analyst and the founder of SupermarketGuru.com, an industry newsletter. “Eventually, Fresh & Easy could have more of an impact on American health than any other retailer.”What sets this concept apart is not the fresh, high-quality offerings, which are similar to those of Bristol Farms, Trader Joe’s or Whole Foods Market, sources say. It is the fact that those fresh, high-quality offerings are priced low — a kind of amalgamation of the virtues of Wal-Mart and Whole Foods.
...Tesco has promised to open stores in traditionally underserved areas, such as South Los Angeles, which has lacked affordable, quality grocery stores ever since the destruction of its big supermarkets in the 1992 race riots. - Shopping Centers Today
Labels: shopping, Supermarkets