What Does the Future Hold for Hispanic Grocery Stores?

By: Abasto Magazine
 
 
Hispanic Grocery Stores
Hispanic Grocery Stores
WINSTON-SALEM, N.C. - Nov. 8, 2018 - PRLog -- It has been an eventful year for Hispanic grocery stores. We saw Bodega Latina expand to Texas with an acquisition of Fiesta Mart, Winn-Dixie's Fresco Y Más concept grew in Florida, and Albertson's El Rancho Supermercado officially entered the Houston market.

Acquisitions and consolidations have been accelerating at a break neck pace the past several years and they will continue to in 2019.

But what is driving this trend? Understanding the underlying drivers of these acquisitions and consolidations in the Hispanic grocery store space can help us see what the future of Hispanic grocery holds in 2019.

Is It Demographics?

We would naturally think what is driving this renewed activity in the Hispanic grocery space is being driven by demographic growth. However, Hispanic immigration has come to a halt, in fact there has been a net negative immigration into the U.S. the past several years.

Hispanic immigration in the 80s and 90s drove the proliferation of many of the first Hispanic grocery stores here in the U.S. So if Hispanic… To read the complete story, click on this link: https://abasto.com/en/news/future-hispanic-grocery-stores/

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Source:Abasto Magazine
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Tags:Supermarkets
Industry:Retail
Location:Winston-Salem - North Carolina - United States
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