"Significant impact during the
remodel, but significant uplift in performances for stores where [they're done]," he said during Wal-Mart's annual analysts' conference in October.
According to the study, 70% of institutions said they plan to
remodel one to two branches.
My family was particularly happy with our most recent
remodel. It took a lot of communication between us, the store planners and the construction crew to create an environment that combines our personality with some of the latest design techniques Giant Eagle is deploying in many of its new and recently
remodeled stores.
According to the Food Marketing Institute's 2005 Facts About Store Development (FACTS), during 2004, the last year for which figures are available, 5.7% of all operating supermarkets underwent a major
remodel, with six out of 10 supermarket companies reporting having done at least one major
remodel that year.
Best Mid-budget
Remodel ($2 million to $5 million) -- Community-based Format
Stores being
remodeled, on the other hand, represented 7.5% of all supermarkets in operation.
Elaborating on the performance of stores that have been
remodeled, Lynch said the 52 stores currently within the first year of receiving offensive
remodels have produced a 5.8% weighted average increase in sales in the first 28 weeks of fiscal 2010.
* For Albertsons stores, six new units and 13
remodels on the West Coast;
While this is true of new buildings as well, the coordination between those that design the box and those that fill and operate it is particularly significant in
remodels. Not only is the store trying to maximize an area without crowding it, but the old merchandising and display habits have to be broken for the new
remodel to work.
About Beantown Builders - Our Boston remodeling contractors offer a wide variety of services from partial
remodels and repairs to whole house construction.
As of June 24, the end of its last full fiscal year, Winn-Dixie had completed 170
remodels, 73 of which were still within their first year of operation.