With bigger formats in vogue for store-base upgrades and expansions, supermarket chains are encountering both difficulty and opportunity as they seek to shed obsolete smaller units, real estate executives told SN. "Most aggressive supermarket chains have a plan for the next five or 10 years to expand their small stores into larger, newer formats and keep up with the larger prototypes many of their competitors are going to," said Howard Makler, chief operating officer of Excess Space ...
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