Texas-based grocer, Whole Foods Market Inc. is still showing growth each quarter but they aren’t growing nearly as fast as they once were. Investors aren’t happy, as shares fell 10 percent after Whole Foods gave a quarterly report. Some believe this is because of the emergence of more specialty grocers. Some are questioning what Whole Foods decline means for Southeast super market powerhouse, Publix. While Whole Foods is taking punches from places like Trader Joes and Aldi, Publix is fighting fire with fire, answering any potential challengers they might have. Grocery Industry Consultant, David Livingston believes Publix knows what they have to do and is taking action, saying “Publix is a very proactive company”.
Recently, Publix has focused on hybrid stores that combine upscale options in a traditional Publix store, something that has seen much success in the grocery market. Publix also has an in-store program called Aprons that is targeting millennials, and teaching them easy and fun recipes right in the store. Livingston believes that Publix is in it for the long haul, saying they’ve destroyed their part of the market, helping put Albertson’s, Kash n Karry, and Food Lion out of business. As you creep closer to the Mason-Dixon Line, Publix starts to have a more competitive market share, competing closely with Kroger, but as for Florida, Publix is the top dog. While they do compete against each other, Kroger and Publix can happily coexist, because everybody else couldn’t keep up with the two.