Report: H-E-B tightens grip on S.A. grocery market in 2021

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Report: H-E-B’s grip on the San Antonio market tightened in 2021, but a new competitor is on the way

With 57 stores and about $4.2 billion in sales, the San Antonio-based company claimed 52.4 percent of the local market in 2021, according to the latest report by industry publicationThat’s up from 51 percent in 2020, when H-E-B’s slice of the market had dipped from 52.1 percent in 2019. The company regained that share last year, but its slice of the pie is still down from 56.1 percent in 2018.H-E-B did not open any new stores in the area last year.

It did continue making routine upgrades to stores and investing in curbside pickup and delivery services in 2021, however, as more shoppers sought those services. Last spring, it dropped its $4.95 fee for pickup orders of at least $35.Walmart and its Sam’s Club chain captured 28 percent of the market in 2021 with 34 stores and about $2.3 billion in sales.

Its market share was down from 29 percent in 2020 but up from 27.6 percent in 2019 and 23.7 percent in 2018. The retailers with the next-biggest shares were Target, with 5 percent of the market across 13 stores, and Costco, with 4.8 percent of the market across three stores. Costco opened a store at 191 W. Loop 1604 S. last fall.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 519. in BE

Belgique Dernières Nouvelles, Belgique Actualités