Update: How Did Richmond Become the Epicenter of Grocery Wars?

In my previous post (available here), I discussed the abundance of active players in Richmond's hot grocery market. As expected, the activity has continued to boom. Food World recently reported that Richmond's local grocery market hit $3.67 billion.

The Richmond market currently offers shoppers over 400 locations to purchase groceries, and the number of locations continues to grow. In a recent Richmond Times-Dispatch article, Tammie Smith noted that Richmond's grocery market also experienced rapid change 20 years ago. Of the stores that entered the market at that time, only Food Lion remains today. It will be interesting to see how a new generation of shoppers will shape Richmond's grocery industry over the next 20 years!

Stay tuned for more updates!

[1] Update: As of July 7, 2016, reports indicate that Publix is no longer planning to open a store in the Stuart's Crossing shopping center near Virginia Center Commons. 

(To read the latest update on Richmond's Grocery Wars, please click here.)

Spotts Fain publications are provided as an educational service and are not meant to be and should not be construed as legal advice. Readers with particular needs on specific issues should retain the services of competent counsel.


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