Competition
Weis faces significant competition from various food retail formats, including conventional retailers, mass merchant retailers, discount retailers, drug stores, convenience stores, and dollar stores. Weis's chief competition comes in its traditional home base of central Pennsylvania. Giant (Carlisle), a supermarket chain owned by Ahold, began aggressive expansion during the 1990s, building newer, larger stores with vast selections. The expansion caught Weis off-guard. While Weis was able to kick into gear with an expansion project of its own, it has not yet fully recovered. Giant still remains the market leader throughout central and northeastern Pennsylvania.
Weis also faces tough competition in Lancaster County, Pennsylvania from Stauffer's of Kissel Hill.
In Maryland, Weis competes with Walmart, Acme, Giant Eagle, Food Lion, Safeway, and Giant (Landover).
In New Jersey, Weis's chief competition includes A&P, Giant-Carlisle's sister chain, Stop & Shop, and ShopRite.
In New York, Weis competition includes Wegmans, and Price Chopper.
In 2011, it sold or closed its remaining Superpetz units, a move that is expected to enhance the company's overall profitability.
Read more about this topic: Weis Markets
Famous quotes containing the word competition:
“Such joint ownership creates a place where mothers can “father” and fathers can “mother.” It does not encourage mothers and fathers to compete with one another for “first- place parent.” Such competition is not especially good for marriage and furthermore drives kids nuts.”
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“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)