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Axios
2 days ago
- Business
- Axios
Trader Joe's to open first New Orleans store this week
Trader Joe's will open its first store in New Orleans on Thursday, with another to follow later. Why it matters: The grocer's expansion raises the stakes in southeast Louisiana's crowded grocery scene. The big picture: The Mid-City store opens Thursday morning at 2501 Tulane Ave., says The Feil Organization, which owns the property. Trader Joe's also has a store in the works at the corner of Napoleon Avenue and Freret Street, according to its website. It already has locations in Metairie and Baton Rouge. Zoom in: Trader Joe's sells products under its own label, and shoppers often view the items as dupes for higher-priced options elsewhere. The grocer is known for its frozen items, cheap wine, creative snacks (pickle popcorn!), fresh flowers, beauty products and customer service. Zoom out: Trader Joe's has less than 1% market share of the New Orleans grocery market as of last year, according to Chain Store Guide. Walmart is the top dog with 38.2%, followed by Rouses, Sam's Club, Costco and Winn-Dixie, the data shows. Go deeper.
Axios
15-05-2025
- Business
- Axios
The most popular grocery stores in Philly
Walmart again reigns supreme among supermarkets in the Philadelphia metro. Why it matters: Shoppers are on the hunt for the best deals amid sky-high food costs that are poised to keep climbing. By the numbers: Walmart and its supercenters ate up 16.4% of the region's market share in 2024, per new data from Chain Store Guide. Albertsons' Acme stores, despite their troubles in recent years, were a close second with 15% of market share. That was followed by Giant and its Martin's stores (12.8%), Costco (5.9%) and Wegmans (5.7%). Flashback: Walmart's big-box stores maintained the top supermarket spot for at least a third straight year.
Axios
14-05-2025
- Business
- Axios
Charlotte's favorite grocery stores in 2024
Charlotte's top grocers are still Walmart and Harris Teeter, both of which remained steady in their market share from 2023 to 2024, per Chain Store Guide, which tracks sales data. Why it matters: Grocery prices remain high in a post-pandemic world, leaving stores to fight for customers. By the numbers: Food Lion and Publix saw slight increases to their market share during that period. Food Lion rose from 14.8% to 15%. Publix increased from 10.3% to 10.8%. What we're watching: Publix will open a new store at Clear Creek Crossings (12925 Albemarle Road) on May 28.
Axios
13-05-2025
- Business
- Axios
New Orleans' grocery wars: Costco rises as Walmart dips
Costco grew its market share of grocery shoppers in New Orleans last year, while Walmart's slightly shrunk. Why it matters: We all have to eat. The big picture: Walmart held onto its title as the most popular grocery chain in New Orleans metro, according to Chain Store Guide, which tracks the retail and food service industries. Walmart had 38.2% of market share in 2024, down from 39.2% the previous year. Costco, which opened a second store in the region last year in Covington, made a notable climb up the chart. It went from 4% to 7.8%. Sam's, Winn-Dixie, Whole Foods, Dollar General and Target were the other heavy hitters. Zoom in: The Top 10 list is dominated by national chains, but three local brands made the cut. Thibodaux-based Rouses Markets slightly lost market share, dipping from 12.4% to 12.1%. Dorignac's, a family-owned store in Metairie, held steady at 1.5%. And, Laborie's Budget Saver cracked the Top 10 list this year. The West Bank-based brand has four locations. The intrigue: Trader Joe's, Aldi, Robért, Breaux Mart, Fresh Market, Langenstein's and Zuppardo's each had 1% market share or less. Aldi has made in-roads in South Louisiana after buying several Winn-Dixie locations in metro New Orleans. It converted the W-D store on Airline Highway in Metairie into an Aldi and is the process of flipping the MacArthur location on the West Bank. By the numbers: Dollar General has the most stores (84) of any retailers on Top 10 list, the data shows. Then it is Walmart (24), Winn-Dixie (19), Rouses (19), Target (5), Sam's (5), Aldi (5), Whole Foods (4) and Budget Saver (4). Between the lines: Family Dollar has 45 locations in the region and only 1.25% market share for grocery shoppers.
Axios
29-04-2025
- Business
- Axios
Walmart still the top grocer in the Twin Cities
Walmart, Target and Cub Foods remain the top three grocers in the Twin Cities. Why it matters: Our metro area has always had a nice mix of grocery options, from national chains to local brands ranging from upscale to budget-friendly. Despite some newcomers, the landscape hasn't changed much in recent years, Between the lines: Costco has been one of the fastest-growing brands here, with its market share rising from 10.5% in 2020 to 12.7% in 2024, according to Chain Store Guide. Meanwhile, Target has slipped from 18.3% to 17.1% market share. What we're watching: That trend could continue as backlash over Target's DEI rollback has led to a decline in foot traffic, while Costco's shopper activity has been up for 16 straight weeks, according to Retail Brew.
