Grocery store segment continues to narrow
Oct 19, 2001 12:00 PM, Brannon Boswell
Grocery store consolidation continues to build steam, according to The Advisor, a monthly report by CB Richard Ellis' Southeast/Mid-Atlantic Retail Investment Advisors team.
Ahold recently announced its purchase of the Birmingham, Ala.-based Bruno's chain, while rumors concerning a potential sale of Albertson's stores in non-core markets, a possible Winn-Dixie buyout, and Publix either acquiring Harris Teeter or being acquired by Safeway abound.
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