Chain
restaurants have been slow to evolve their business model and other sectors of
food retail have noticed according to Steven Johnson, Grocerant Guru® at
Tacoma, WA based Foodservice
Solutions®. Johnson believes Dollar General by gearing up for
expansion of its DGX small-format concept, as the discount retailer puts urban,
millennials shoppers at the focus of its growth is a direct target on
restaurant customers.
DGX
clocks in at about half the size of Dollar General’s regular 9,000-square-foot
store. Dollar General’s CEO Todd Vasos sees a huge opportunity
in urban, millennial shoppers, who are starting to settle down and
look for reliable, affordable places to shop.
It is
reported that about a third of the company’s locations are currently in metro
markets, and are moving toward 40 percent. Dollar General continues to open its
standard stores at a furious pace, with a record 1,315 last year in 2017, but
is deliberately taking it slow with DGX. So, we ask how many restaurant chains
opened 1,315 stores last year? Restaurant
customers are on the move. Here is a
success clue follow the growth. Is it time for your company to evolve? What are you selling and where?
Invite Foodservice
Solutions® to complete a Grocerant Program Assessment, Grocerant ScoreCard, or
for product positioning or placement assistance, or call our Grocerant
Guru®. Since 1991 www.FoodserviceSolutions.us of Tacoma, WA has been the global leader in
the Grocerant niche. Contact: Steve@FoodserviceSolutions.us
or 253-759-7869
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