Also from Jonathan Marek...
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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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As others have said, the demographics are different in the U.S. But still, we do have an aging baby boomer population. As that shift continues, it will be interesting to see if large format stores can segment their offering effectively, appealing to increasingly multi-ethnic young shoppers and the large baby boomer population. Or, conversely, can smaller format, more targeted offering make in-roads?