Comments on: Wal-Mart Says “Watch Out Tesco!” http://localcenters.com/2008/01/wal-mart-says-watch-out-tesco/ Success blueprints for strip mall investors and retailers Thu, 10 Nov 2011 03:32:28 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: SportsCuts http://localcenters.com/2008/01/wal-mart-says-watch-out-tesco/comment-page-1/#comment-179 SportsCuts Tue, 15 Jan 2008 21:01:15 +0000 http://localcenters.com/commercial-re/wal-mart-says-watch-out-tesco/#comment-179 I keep remembering all those efforts by McDonald's to capture a share of the upscale dining market and failing each and every time because when you think of McDonalds you think of burgers and fries. How far will Wal-Mart go to distance itself from this new venture, or, is the market they are after the same one they currently cater to? I keep remembering all those efforts by McDonald’s to capture a share of the upscale dining market and failing each and every time because when you think of McDonalds you think of burgers and fries.

How far will Wal-Mart go to distance itself from this new venture, or, is the market they are after the same one they currently cater to?

]]> By: LC http://localcenters.com/2008/01/wal-mart-says-watch-out-tesco/comment-page-1/#comment-178 LC Tue, 15 Jan 2008 20:41:07 +0000 http://localcenters.com/commercial-re/wal-mart-says-watch-out-tesco/#comment-178 I am going to disagree with you. Here is the comment I posted on www.retailwire.com <i>Both Fresh and Easy and Marketside are a new paradigm for the U.S., responding to the densification of the suburbs. Wal-Mart has several advantages over Tesco. Initially, they have a must better understanding of their existing customer metric, and the demographic and sociographic properties of their target areas. They have the capability to actuate a successful neighborhood pod retail concept through sheer buying power and vendor relations as well as familiarity with top SKUs in their conventional grocery store, traditional Wal-Marts, and the Super Centers. Another rather basic factor is that Wal-Mart has the reputation of paying up for a site they want, and Tesco is attempting to drive extremely difficult rent and land lease deals with their 14,000 SF concept which we are seeing in Northern California. I believe this will be Hollywood and Blockbuster all over again, and that both ops will share the identical niche. The fundamental problem with this vertical is that the presence of two in very close proximity does not drive additional synergistic sales; these are convenience stores, not comparison shopping stores. John Wallace, Owner, www.LocalCenters.com</i> I am going to disagree with you. Here is the comment I posted on http://www.retailwire.com

Both Fresh and Easy and Marketside are a new paradigm for the U.S., responding to the densification of the suburbs.

Wal-Mart has several advantages over Tesco. Initially, they have a must better understanding of their existing customer metric, and the demographic and sociographic properties of their target areas. They have the capability to actuate a successful neighborhood pod retail concept through sheer buying power and vendor relations as well as familiarity with top SKUs in their conventional grocery store, traditional Wal-Marts, and the Super Centers. Another rather basic factor is that Wal-Mart has the reputation of paying up for a site they want, and Tesco is attempting to drive extremely difficult rent and land lease deals with their 14,000 SF concept which we are seeing in Northern California.

I believe this will be Hollywood and Blockbuster all over again, and that both ops will share the identical niche. The fundamental problem with this vertical is that the presence of two in very close proximity does not drive additional synergistic sales; these are convenience stores, not comparison shopping stores.
John Wallace, Owner, http://www.LocalCenters.com

]]> By: SportsCuts http://localcenters.com/2008/01/wal-mart-says-watch-out-tesco/comment-page-1/#comment-177 SportsCuts Tue, 15 Jan 2008 19:56:43 +0000 http://localcenters.com/commercial-re/wal-mart-says-watch-out-tesco/#comment-177 It is a very interesting concept. I think Wal-Mart will have trouble catering to an upscale market, which appears to be Fresh and Easy's niche. Time will tell I guess. It is a very interesting concept. I think Wal-Mart will have trouble catering to an upscale market, which appears to be Fresh and Easy’s niche.

Time will tell I guess.

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