On our 10th episode, we connected with James Rodriguez, Colliers’ Senior Vice President of Retail in Los Angeles, who focuses on the Hispanic grocery market. Take a listen and learn about the top performing Hispanic grocers serving the Southwest region and what they all have in common. Without giving too much away, James shares with us that one of the key factors to their success is their ability to customize their merchandise mix in specific trade areas. Keep in mind, there are different culinary recipes and traditions depending on the region in Latin America or Mexico, therefore it’s critical these stores recognize their unique consumer.
We are seeing new trends evolve in the Hispanic sector, which includes the changing demographic of their consumer, store format (size and layout) and the big news now is private equity entering the space. Want to learn more – take a listen to the podcast.