Meijer Banks On Getting Bigger

Discussion
Jul 27, 2004
George Anderson

By George Anderson


Meijer plans to open 14 new stores between now and the end of next year in an attempt to keep up with the Wal-Marts and Targets of the world.


According to a Detroit News report, Meijer is looking at accelerating new store openings believing it will help the chain protect its market share. Meijer currently operates 159 stores in Michigan, Indiana, Illinois, Kentucky and Ohio.


“We have always been expanding, but not at the pace that we wanted to,” said Meijer spokesman John Zimmerman. “This is the growth potential we want.”


The new units, averaging 200,000 square feet, will include some modifications from current Meijer stores, such as wider aisles, brighter lighting, revamped clothing displays, and clearer department signage. New layouts will group related product categories such as women’s clothing and jewelry. The stores will also feature an expanded take-out food section.


Grand Rapids retail analyst Steven Cole believes Meijer will be successful with its new stores. “Meijer does a better job than Wal-Mart, Target, Kmart or any of them,” he said. “They are good at picking locations.”


Moderator’s Comment: What are your thoughts on Meijer’s plans to speed up the rate of its new store openings to remain more competitive in the markets
it serves?


Meijer’s new store push comes after the company went through the largest downsizing in its history. It eliminated 1,900 management jobs about six months
ago.

George Anderson – Moderator

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2 Comments on "Meijer Banks On Getting Bigger"


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billy connolly
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billy connolly
15 years 8 months ago

Meijer may be good at picking locations, but I can think of 2 distinct villages that clearly state they are not wanted. Meijer continues to press forward, however. I believe one is in Dupage County (Lisle, IL) and now a 2nd in Acme Township, MI (outside Traverse City…one of their first stores was in TC).

If grassroots efforts are hurting Wal-Mart, Meijer better keep tabs on their growth plans against what appears to be more and more dissention on big boxes taking over middle to upper middle class neighborhoods.

tom thumb
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tom thumb
14 years 5 months ago

I have heard that in 2007 that Meijer will open 6-8 new stores in MI, IL and OH.

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