Ever Changing Grocery Market
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The grocery industry, like many industries, continues to evolve. In the UK, for example, analysts are suggesting one out of five stores need to close to grow profits. Closer to home, Whole Foods is building a new store in one of Chicago’s poorest neighborhoods:
That proposition entails unusually high stakes for a supermarket. Whole Foods is gambling that it can tailor its high-priced brand to a low-income market. It’s gambling that it can create customers out of people who out of necessity have long shopped at corner stores and Save-A-Lot. It’s gambling that it may even change what some of them eat. (Washington Post)
This year we saw the opening of Fields Foods south of downtown, the closure of a Schnuck’s on North Grand and a new chain, Lucky’s Market in a former Straub’s in Ellisville. Never heard of Lucky’s? It started expanding outside of Boulder CO in January 2013:
Lucky’s founder Bo Sharon has partnered with industry veterans — including former executives of Wild Oats and Sunflower Farmers Markets — to launch Lucky’s Farmers Market, a chain of full-service grocery stores that offer a mix of mainstream, natural, organic and locally grown foods.
Lucky’s Farmers Market officials quietly launched a website touting their intentions to open stores in the “Heartland of America,” including in Wyoming, Montana, Nebraska, Iowa, Missouri, Kentucky, Indiana, Ohio and Michigan. (Source)
This month I’ve shopped at both of the open Lucky’s Markets in Missouri: Columbia & Ellisville. A friend told me they were a cross between Trader Joe’s & Whole Foods, but I think they’re closer to a less expensive Whole Foods, with very little in common with Trader Joe’s. Unlike Trader Joe’s, Lucky’s Market is a full service grocery store with butchers, deli, salad bar, sushi bar, and hot prepared foods.
Local chain Straub’s wasn’t open long at this location:
Less than a year after opening, Straub’s in Ellisville plans to close, leaving 50 workers without jobs.
The Straub’s store at 15830 Fountain Plaza Drive, which opened Dec. 3, 2008, will close Oct. 31, Trip Straub, vice president of Straub’s Markets, said Tuesday. (St. Louis Business Journal)
Staub’s still has four long-time locations: Town & Country (1966), Webster Groves, Clayton (1933), and the city’s Central West End neighborhood (1948). Next year a new Whole Foods will open in the CWE, just a few blocks from Straub’s.
I think Lucky’s Market has the mix of products that Fields Foods is going for, but on a larger scale. Hopefully the locally-owned Fields Foods will scale up in the future so their prices can come down. I look forward to the opening of the new Whole Foods in the CWE but I also want a Trader Joe’s and a Lucky’s Market in the city.
— Steve Patterson