Previously we speculated that either Publix or Kroger would enter the Charlotte market through a buyout of Bi-Lo store locations. Now, The Charlotte Business Journal reports that Publix is poised to enter the market through a location just south of Charlotte and the NC/SC state line in Tega Cay. If Publix does pursue this location, it would be the first time a major non-specialty chain grocer entered the market since Lowes Foods did in 2005. It should be noted that this is not the first time Publix has tried to enter the Charlotte market, they previously scouted sites in 1993 and 1994.
The closest Publix stores are currently in the Columbia and Greenville-Spartanburg areas of South Carolina. The effort from Publix to expand in Charlotte may be seen as gutsy, as Harris Teeter continues its reign on its home market, and Food Lion continues to expand its namesake store and Bloom concept store. Read the full article from The Charlotte Business Journal.