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Until April this year the confidence of the five major national multiple grocery retailers continued to be bouyant. Collectively Argyll Safeway, Asda, Gateway Dee Corporation Sainsbury and Tesco were estimated to have 43 of the total floorspace in their trade sector in 1989. This compared to 24 in 1983. Such a significant increase reflected a combination of the acquisition of smaller and mainly regional enterprises, major refurbishment of the better sited traditional stores, and the opening of many new and larger purpose built superstores. Dependent on the whims of local planning authorities, these superstores combined both outoftown and offcentre sites. It is still often easier to get planning permission for an offcentre store.
Management Research News – Emerald Publishing
Published: Jul 1, 1991
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