Author Topic: I have seen the future of grocery stores  (Read 5111 times)

Joe689

  • Full Member
  • ***
  • Posts: 191
Re: I have seen the future of grocery stores
« Reply #20 on: January 03, 2018, 06:24:57 AM »
One thing that might be in common during this grocer transition is technology.  Technology will help the companies set themselves apart from the others. 

In comes Digimarc (DMRC),   I am invested heavily.

Digimarc has the technology for the invisible barcode.    It has been endorsed by GS1, the organization that  develops and maintains global standards if barcodes.   Invisible barcodes have tons of applications.  Faster checkout, self-checkout, theft prevention, and customer engagement.    The company will be at NRF 2018.   They already have deals with walmart,  wegmans, new seasons.   Some of Walmart's packaging is already Digimarc encoded.    They also have partnerships with CPGs which do the packaging.

Anyways, thought I would throw that name out there if you believe in the grocer revolution. 

Let me know if you do any DD on the company, and please share your opinion. 


cherzeca

  • Hero Member
  • *****
  • Posts: 1313
Re: I have seen the future of grocery stores
« Reply #21 on: January 03, 2018, 01:06:26 PM »
i would have thought the future of grocery was more and better online ordering and delivery.  are these super sized stores really distribution centers in disguise. with an army of delivery trucks outside?

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 9740
  • twitter.com/libertyRPF
    • twitter.com/libertyRPF
Re: I have seen the future of grocery stores
« Reply #22 on: January 03, 2018, 01:46:52 PM »
I'd buy about 80-90% of my groceries online if I could get them delivered home for about the same price it costs me to go into the store, and if I was confident enough in the seller to know that they'd keep problems to a minimum and food quality at least as high as in the store.
"Most haystacks don't even have a needle." |  I'm on Twitter  | Watch this, please (new link)

Gamecock-YT

  • Hero Member
  • *****
  • Posts: 508
Re: I have seen the future of grocery stores
« Reply #23 on: January 03, 2018, 02:21:47 PM »
The new thing here is having a bar inside the grocery store with a rotating selection of local craft brews. Very inexpensive, $3 high gravity beer, $6 glasses of wine. With daily specials taking the beer down to $2 a few times a week and the wine to $3.
I'm sorry, I don't mean to be insulting. But if you think those prices are inexpensive you're delusional. I can walk into my liqueur store and buy high quality German beer for $2.10 (tall boys 500 ml). For $30 ($6 a glass) I can buy a good Burgundy. For $18-$24 I can buy a very good bottle of Cotes du Rhone. The quality of these wines are very likely much, much higher than what you get in your grocery store glass. These are regular price btw, no sales. I live in Canada where alcohol is expensive due to taxes. I'm sure the prices are lower in the US for these items.

I should mention that I am someone who has plenty of money. I consider the prices you've listed as very high and would not pay. The idea that an average person would consider that very inexpensive is incorrect to say the least.

Liquor store is the same as a bar in Canada?

rb

  • Hero Member
  • *****
  • Posts: 2313
Re: I have seen the future of grocery stores
« Reply #24 on: January 03, 2018, 02:23:33 PM »
The new thing here is having a bar inside the grocery store with a rotating selection of local craft brews. Very inexpensive, $3 high gravity beer, $6 glasses of wine. With daily specials taking the beer down to $2 a few times a week and the wine to $3.
I'm sorry, I don't mean to be insulting. But if you think those prices are inexpensive you're delusional. I can walk into my liqueur store and buy high quality German beer for $2.10 (tall boys 500 ml). For $30 ($6 a glass) I can buy a good Burgundy. For $18-$24 I can buy a very good bottle of Cotes du Rhone. The quality of these wines are very likely much, much higher than what you get in your grocery store glass. These are regular price btw, no sales. I live in Canada where alcohol is expensive due to taxes. I'm sure the prices are lower in the US for these items.

I should mention that I am someone who has plenty of money. I consider the prices you've listed as very high and would not pay. The idea that an average person would consider that very inexpensive is incorrect to say the least.

Liquor store is the same as a bar in Canada?
Grocery store is the same as a bar in the US?

Gamecock-YT

  • Hero Member
  • *****
  • Posts: 508
Re: I have seen the future of grocery stores
« Reply #25 on: January 03, 2018, 05:07:39 PM »
The new thing here is having a bar inside the grocery store with a rotating selection of local craft brews. Very inexpensive, $3 high gravity beer, $6 glasses of wine. With daily specials taking the beer down to $2 a few times a week and the wine to $3.
I'm sorry, I don't mean to be insulting. But if you think those prices are inexpensive you're delusional. I can walk into my liqueur store and buy high quality German beer for $2.10 (tall boys 500 ml). For $30 ($6 a glass) I can buy a good Burgundy. For $18-$24 I can buy a very good bottle of Cotes du Rhone. The quality of these wines are very likely much, much higher than what you get in your grocery store glass. These are regular price btw, no sales. I live in Canada where alcohol is expensive due to taxes. I'm sure the prices are lower in the US for these items.

I should mention that I am someone who has plenty of money. I consider the prices you've listed as very high and would not pay. The idea that an average person would consider that very inexpensive is incorrect to say the least.

Liquor store is the same as a bar in Canada?
Grocery store is the same as a bar in the US?

https://www.charlotteagenda.com/41470/theres-a-killer-little-bar-in-harris-teeter-really/

as someone who has plenty of money, you would have a ball here. I guess you could finish up with the $12 cocktails we have in town afterwards, no doubt you can get them much cheaper and better quality in Canada at the liquor store bar.

rukawa

  • Hero Member
  • *****
  • Posts: 767
Re: I have seen the future of grocery stores
« Reply #26 on: March 11, 2018, 04:36:26 PM »
The new thing here is having a bar inside the grocery store with a rotating selection of local craft brews. Very inexpensive, $3 high gravity beer, $6 glasses of wine. With daily specials taking the beer down to $2 a few times a week and the wine to $3.
I'm sorry, I don't mean to be insulting. But if you think those prices are inexpensive you're delusional. I can walk into my liqueur store and buy high quality German beer for $2.10 (tall boys 500 ml). For $30 ($6 a glass) I can buy a good Burgundy. For $18-$24 I can buy a very good bottle of Cotes du Rhone. The quality of these wines are very likely much, much higher than what you get in your grocery store glass. These are regular price btw, no sales. I live in Canada where alcohol is expensive due to taxes. I'm sure the prices are lower in the US for these items.

I should mention that I am someone who has plenty of money. I consider the prices you've listed as very high and would not pay. The idea that an average person would consider that very inexpensive is incorrect to say the least.

Liquor store is the same as a bar in Canada?
Grocery store is the same as a bar in the US?

https://www.charlotteagenda.com/41470/theres-a-killer-little-bar-in-harris-teeter-really/

as someone who has plenty of money, you would have a ball here. I guess you could finish up with the $12 cocktails we have in town afterwards, no doubt you can get them much cheaper and better quality in Canada at the liquor store bar.

There is no liquor store bar in Canada..not sure why you guys are willfully misunderstanding each other but OK.

Typical prices in Canadian bars are: $6-$8 per beer...maybe as cheap as $4 in Montreal or if you go to the right college bar. But $3 for beer, AT A BAR, is very cheap. But the real question is whether you are really getting a "Bar" inside a grocery store...typically people get drunk at bars, party, dance and socialize. The grocery store might not be conducive to that and so maybe it makes sense that its cheaper since its not really achieving the same effect as a bar.

« Last Edit: March 11, 2018, 04:42:09 PM by rukawa »

Gamecock-YT

  • Hero Member
  • *****
  • Posts: 508
Re: I have seen the future of grocery stores
« Reply #27 on: March 11, 2018, 08:54:07 PM »
The new thing here is having a bar inside the grocery store with a rotating selection of local craft brews. Very inexpensive, $3 high gravity beer, $6 glasses of wine. With daily specials taking the beer down to $2 a few times a week and the wine to $3.
I'm sorry, I don't mean to be insulting. But if you think those prices are inexpensive you're delusional. I can walk into my liqueur store and buy high quality German beer for $2.10 (tall boys 500 ml). For $30 ($6 a glass) I can buy a good Burgundy. For $18-$24 I can buy a very good bottle of Cotes du Rhone. The quality of these wines are very likely much, much higher than what you get in your grocery store glass. These are regular price btw, no sales. I live in Canada where alcohol is expensive due to taxes. I'm sure the prices are lower in the US for these items.

I should mention that I am someone who has plenty of money. I consider the prices you've listed as very high and would not pay. The idea that an average person would consider that very inexpensive is incorrect to say the least.

Liquor store is the same as a bar in Canada?
Grocery store is the same as a bar in the US?

https://www.charlotteagenda.com/41470/theres-a-killer-little-bar-in-harris-teeter-really/

as someone who has plenty of money, you would have a ball here. I guess you could finish up with the $12 cocktails we have in town afterwards, no doubt you can get them much cheaper and better quality in Canada at the liquor store bar.

There is no liquor store bar in Canada..not sure why you guys are willfully misunderstanding each other but OK.

Typical prices in Canadian bars are: $6-$8 per beer...maybe as cheap as $4 in Montreal or if you go to the right college bar. But $3 for beer, AT A BAR, is very cheap. But the real question is whether you are really getting a "Bar" inside a grocery store...typically people get drunk at bars, party, dance and socialize. The grocery store might not be conducive to that and so maybe it makes sense that its cheaper since its not really achieving the same effect as a bar.

because he was trying to be insulting/difficult. I've visited the country a few times to know they were talking out of their ass, just needed to give him enough rope.  Not one of my strong points, but alas...
« Last Edit: March 11, 2018, 09:03:09 PM by Gamecock-YT »

CorpRaider

  • Hero Member
  • *****
  • Posts: 1986
    • The Corpraider
Re: I have seen the future of grocery stores
« Reply #28 on: March 12, 2018, 04:55:41 AM »
What REIT has the highest exposure to grocery store anchored shopping centers?  KRG?

DTEJD1997

  • Hero Member
  • *****
  • Posts: 1316
Re: I have seen the future of grocery stores
« Reply #29 on: March 12, 2018, 07:57:13 AM »
Hey all:

There is an abandoned K-Mart near me that is being reworked in an "ultra-mega Kroger".  This will be one of the Kroger's with 50+ aisles in it.

There is a Kroger about 1.5 miles from where the new one will be going in.  It is older & has no where near 50+ aisles of food...so it will be closing once the new one opens.

This new one will be in a better, more central location.  Obviously it will be MUCH bigger than the one it is replacing.

On a side note, I've been to some of the "bars" inside the grocery stores in N.C.  They mainly sell/promote craft beer.  You can drink beer right there, but they also sell "grumblers" which you can take home & drink.  The liquor/beer sales are usually right next to the prepared foods section(s).  They really push the craft beer sales.  I suspect that the margins on that beer is very high.

I think you can also start drinking BEFORE you start shopping.  OR you can drink before you shop for food AND after you get done.  I wonder if people who have had a drink or three are more likely to make "impulse" purchases of food while walking down the aisles?