Who is Major’s biggest competitor? (8 biggest competitors)
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Meijer is a mega-megacenter in the Midwest with more than 240 locations and average annual revenue of $19.6 billion. This well-known store stocks a variety of products, from groceries to daily necessities.
However, Meijer is not the only supercenter in the United States. Therefore, it faces a lot of competition. Here are eight of the biggest Meijer competitors!
Who are Meijer’s biggest competitors in 2022?
As of 2022, Meijer’s main competitors include Amazon, Target, Costco, Kroger and Walmart. Similar to Meijer, these stores carry groceries and daily necessities. Others, like Kroger, expand their competition by offering pharmacy services. However, all of Meijer’s competitors strive to provide quality products at reasonable prices. Also, they target the upper middle class market.
Read on for details on Meijer’s biggest competitors, their revenue, and how they stack up against Meijer.
1. Amazon
Amazon is known to sell a variety of products, including groceries. Since it is one of the leading retailers in the US, it has become a direct competitor to Meijer.
However, Amazon is primarily an online store where you can order fresh groceries.
To compete with Amazon, Meijer launched an online grocery delivery service. The move now intensifies competition between the two retail giants.
Unlike Meijer, which has brick-and-mortar stores, Amazon has refrigerated warehouses for fresh groceries.
So Meijer can be sold both online and in-store, but Amazon also has a dashboard cart specifically for fresh grocery shoppers.
In addition to groceries, Amazon also sells household items similar to Meijer, targeting the same U.S. market.
For this reason, every retailer struggles to create and maintain their customer base.
However, Amazon is also targeting other markets around the world, unlike Meijer’s main market which is the US.
Also, in terms of revenue, Amazon recorded $469.82 billion in the past year. That’s up from the $386.1 billion they received the year before.
2. Walmart
With $572.8 billion in revenue this year, Walmart is undoubtedly the leading retailer.
Walmart and Meijer are large supermarkets because they sell a variety of products in grocery or retail stores.
Furthermore, the competition between the two retailers is brought about by the types of products they sell and by opening stores in the same US states.
While Meijer stores currently have locations in six U.S. states, unlike Walmart, which has stores in all states, Meijer isn’t taking competition lightly.
In addition to more stores, Walmart also surpasses Meijer in terms of product range and low prices.
However, to remain competitive, Meijer has proactively lowered prices, minimized labor, and opened fewer stores.
3. Kroger
Kroger is a serious competitor to Meijer, especially in Michigan. With its many stores, Kroger is more accessible, but Meijer’s lower prices attract more customers.
What’s more, Meijer launched home delivery before Kroger.
In addition, Kroger and Meijer compete not only in the grocery and department stores, but also in the pharmacy segment.
As for revenue, Kroger has racked up $137.9 billion over the past year.
4. Goals
Target is another retailer that competes with Meijer. It sells similar products in similar locations.
Products include groceries, electronics, clothing, toys and home decor. Retailers also offer pharmacy services.
So only price and customer service can decide which store is better.
Another leading U.S. retailer, Target had $99.6 billion in revenue last year.
5. Costco
Although Costco is a membership-only retailer, it has managed to become one of the leading retailers in the United States. It stores and sells items such as groceries, clothes, and electronics.
Despite membership requirements, it competes with Meijer due to the similarity of the items it sells.
However, Meijer has an advantage over Walmart because it’s a wholesale store, which means lower prices.
In the past year, Costco’s revenue was $141.4 billion.
6. Albertson
Albertsons is a grocery store and pharmacy located in 34 US states.
The competition between the store and Meijer was caused by two stores that sold groceries and provided pharmacy services.
The store aims to offer quality products such as Meijer at affordable prices. So, in order to beat the competition, each store strives to outperform the competition.
7. Official Account
A unique feature of Publix is that it is employee-owned. Like Meijer, the store operates only within the US, offering both online and in-store shopping.
In addition, it sells groceries and prescription drugs.
For these reasons, it cannot be excluded from the list of Meijer’s biggest competitors.
Publix generated $44.9 billion in revenue from its 1,288 U.S. stores last year.
8. Sam’s Club
Sam’s Club is another member-only retailer that offers pharmacy services in addition to groceries and other household items.
The product is similar to that of Meijer, so competition is fierce.
With $572.8 billion in revenue this year, Sam’s Club is a store worthy of Major’s competition. In addition, the club has 600 stores in 44 US states.
To learn more, you can also read our post on whether Kroger has a Meijer, the Meijer recruiting process, and the Meijer dress code.
in conclusion
Meijer faces significant competition from leading retailers such as Amazon, Walmart and Kroger. In addition, all stores strive to provide customers with quality products and services at fair prices.
Competition intensifies when Meijer deals with wholesale clubs like Sam’s Club and Costco, as these stores offer very low prices to customers who buy in bulk.
