Wholesale membership clubs are becoming more formidable competitors as they celebrate their 25th year of existence, industry observers told SN. The clubs have been price-competitive with supermarkets since the first one opened in 1976, industry observers said. But as they move more confidently into fresh, and as the economy continues to sink, the clubs are likely to pick off even more business from supermarkets, observers told SN. While retailers contacted by SN played down the threat ...
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