The grocery wars have been on for some time, but things are heating up. Last week, discount grocer Aldi announced plans to open 900 additional stores in the U.S., while low-cost grocery store Lidl made its stateside debut.
The recent announcement that Amazon intends to purchase Whole Foods Market has the retail and grocery store industry reeling as traditional grocers assess the near and long-term impact that the online giant’s much larger position in the marketplace may have.
The actions this week by two state attorneys general over the constitutionality of President Trump’s overseas business dealings are a reminder of the role attorneys general play and how, in other circumstances critical to our business models and industry, they can have a seriously negative impact.
The growth of e-commerce and the increasing emphasis on delivery speed as well as pick-up services for retail goods will likely precipitate a convergence of industrial distribution and retail real estate.