Also from Gene Hoffman...
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August 30, 2010
FROM RETAILWIRE:
Carrefour is testing a new hypermarket concept as Western Europeans buy groceries closer to home or head to department and specialty stores for apparel and beauty products. Do large-format superstores in the U.S. face similar challenges to Carrefour's hypermarkets in Europe?
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Consumers shop where their lives are best served.
An aging population isn't into durables, a young emerging audience is. Food and fashion choices vary in much the same manner. Thus, or it seems, the composition of the local population holds the key to any format's re-invention.