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:
“The elements of success in this business do not differ from the elements of success in any other. Competition is keen and bitter. Advertising is as large an element as in any other business, and since the usual avenues of successful exploitation are closed to the profession, the adage that the best advertisement is a pleased customer is doubly true for this business.”
—Madeleine [Blair], U.S. prostitute and “madam.” Madeleine, ch. 5 (1919)
“Never before has a generation of parents faced such awesome competition with the mass media for their children’s attention. While parents tout the virtues of premarital virginity, drug-free living, nonviolent resolution of social conflict, or character over physical appearance, their values are daily challenged by television soaps, rock music lyrics, tabloid headlines, and movie scenes extolling the importance of physical appearance and conformity.”
—Marianne E. Neifert (20th century)
“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)