Supermarket News has a fascinating article on SuperValu. Seven pages long and not a single mention of ACME. Not surprising... ACME rarely gets a mention in any SuperValu news. Seems to be grouped with the Albertsons division, yet any discussion of Albertsons always centers around their west coast stores. You'd think with ACME being number one in the Philly market the company would have a thing or two to say about it. They do not.
The article starts out with discussion on Save-A-Lot but gets really interesting on page 5 under the headline "Protecting Margins". Some really interesting insight into SuperValu's desire for high margins at the cost of market share. Pretty much sums up everything that's wrong with ACME.
Click here to view the article.
Check out the graphic that shows market share for SuperValu's chains. ACME has 18% share in the Philly market with 83 stores. Giant has an 11% share with only 45 stores. ACME's share is down about 10% in the past 10 to 15 years. For some reason ShopRite is not on the list. I had read a while ago that ShopRite was number 2 in the Philly region and was only a few percentage points away from stealing the number 1 spot from ACME.