Winnipeg Retail

[wags_in_the_peg]

Originally Posted by h0twired

Red River Co-op Buys 4 Safeway Locations

http://www.winnipegfreepress.com/bus...245469731.html

Will be nice to see dividends on groceries as well as gas soon.

fantastic news, they will do great! co-ops are a fantastic business model. they have a history in groceries, gas bars is the new business to them. in Calgary I shopped co-op grocery stores all the time.

[Danny D Oh]

Originally Posted by Jack1983

If the prices are anything similar to the Beausejour Co-op Grocery, The dividend would have to be very significant to entice me to shop there.

The prices at the Co-Op's in Oakbank and on Henderson in Winnipeg are both noncompetitive. They've tried grocery stores in Winnipeg before and failed. I see that happening again with even more competition, I think their niche is in small towns that won't get Superstores and Wal-Marts with full grocery.

Interesting that Sobey's held onto the Crossroads Safeway. They have two mega grocery stores across the street from each other.

[rypinion]

Originally Posted by Danny D Oh

Interesting that Sobey's held onto the Crossroads Safeway. They have two mega grocery stores across the street from each other.

I don't think when dealing with the competition bureau that you'd get much choice in which stores you keep and which you divest. I'd assume there's some back and forth though.

[Riverman]

Where is there a Co-op grocery on Henderson? The last one closed decades ago.

[rypinion]

Originally Posted by Danny D Oh

The prices at the Co-Op's in Oakbank and on Henderson in Winnipeg are both noncompetitive. They've tried grocery stores in Winnipeg before and failed.

With Federated Co-op adding 14 stores total, it should help them in getting better prices from suppliers. And all the other efficiencies that come from scale.

[h0twired]

Originally Posted by Riverman

Where is there a Co-op grocery on Henderson? The last one closed decades ago.

Henderson @ McIvor

[CoryB]

Originally Posted by rypinion

I don't think when dealing with the competition bureau that you'd get much choice in which stores you keep and which you divest. I'd assume there's some back and forth though.

The Competition Bureau prepares a minimum list of stores that must be divested, there is nothing preventing the divestment or closure of stores to merged company does not need such as the two Crossroad stores. Matter of fact the mandated divestment of Safeway included locations that were not on the minimum list however those locations were not in Manitoba.

[rypinion]

Originally Posted by h0twired

Henderson @ McIvor

'The Marketplace', to be clear.

[rypinion]

Someone in the Free Press comments linked to the actual Competition Bureau ruling. The list of stores they had to sell is at the bottom.

http://www.competitionbureau.gc.ca/e...%20/03619.html

[StNorberter]

Originally Posted by Danny D Oh

The prices at the Co-Op's in Oakbank and on Henderson in Winnipeg are both noncompetitive. They've tried grocery stores in Winnipeg before and failed. I see that happening again with even more competition, I think their niche is in small towns that won't get Superstores and Wal-Marts with full grocery.

Interesting that Sobey's held onto the Crossroads Safeway. They have two mega grocery stores across the street from each other.

Competitive with whom? The Marketplace in St. Norbert is competitive and I'm surprised that the prices would be that drastically different.

Now, to be clear when I say competitive, they slot kind of in between Superstore and Sobey's and actually closer to Sobey's.

[StNorberter]

So what happens to the Safeway in Ft. Richmond? Does that finally get closed? Safeway had wanted to close it ever since they built the one in Waverley Heights.

[Winnipegger]

Originally Posted by StNorberter

So what happens to the Safeway in Ft. Richmond? Does that finally get closed? Safeway had wanted to close it ever since they built the one in Waverley Heights.

Hopefully. I heard the military wanted to purchase the Fort Richmond plaza mall and use it as a cold-war era bunker. No renovations or additions would be required. /sarcasm.

[trebor204]

Shindico still has the property available for lease

http://www.shindico.com/index.php?op...d=56&Itemid=18

[Boreal]

That Fort Richmond Plaza is awful. I cannot believe that nothing ever gets done to give it even a minor facelift.

[cllew]

Safeway sat on River East Plaza for years before redeveloping it. At the end it looked almost as run down at Ft. Richmond Plaza only it was not as big.

[StNorberter]

Originally Posted by Boreal

That Fort Richmond Plaza is awful. I cannot believe that nothing ever gets done to give it even a minor facelift.

Yeah, but given that there aren't really many tenants left, there aren't many options.

The place is worse than 'Southwood Value Mall" before it was razed for Futureshop, etc.

[Cyro]

Walmart - 1000 Taylor Avenue
TENDERS DUE
Mon Mar 10, 2014 14:00

Must of missed this from earlier posts. So Walmart is the anchor tenant of Pavillions? 2 blocks from the Target at Grant Park.

[wags_in_the_peg]

not that I would ever shop here, but as an FYI we are getting another chain store coming to Winnipeg, already 11 locations across the Prairie provinces. The signage is already up, located in the old Cabella's building on Ellice.

http://www.biancaamor.com/

[Cyro]

A Supercentre Liquidation out let?? Perfect. It's going to be another huge success in the Peg.

[esquire]

^ Good timing given that Liquidation World/Big Lots is going under.