Meijer to invest $375M on new stores, remodels
Meijer isn't giving up on brick and mortar retail, much less its supercenter store format.
The retailer announced that it will invest more than $375 million in new and remodeled stores this year across its six-state footprint.
The investment includes the construction of seven new Meijer supercenters and 22 different remodel projects. While Michigan, Indiana, and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects.
"These projects represent an investment in our customers, team members and the local communities that have supported us for so long," President and CEO Rick Keyes said. "We're also excited that at long last we'll cross the bridge and open our first stores in Michigan's Upper Peninsula."
Meijer says its focus on remodeling stores reflects the company's commitment to providing its customers with the best shopping experience. This year's remodel investment means that by the end of 2017, Meijer will have remodeled and upgraded nearly 90 stores since 2010.
The company's new store commitment follows its focus on steady growth throughout its six-state footprint. The opening of each new Meijer store represents as many as 300 full- and part-time jobs. When including this year's stores, Meijer will have opened more than 50 new stores since 2010.
The new Meijer supercenters opening in 2017 include:
- Escanaba, Mich.
- Sault Ste. Marie, Mich.
- McCordsville, Ind.
- Franklin, Ind.
- Greenfield, Wis.
- Howard, Wis. (Green Bay)
- West Bend, Wis.
In addition to the new supercenters, Meijer is aggressively remodeling stores in five different states, including key markets such as Detroit, Cincinnati, Louisville and suburban Chicago. Six Meijer supercenters in Michigan alone will be updated, with the stores in Mt. Pleasant, Commerce Township and Algoma Township slated for major remodels.
While the depth of the remodel varies based on several factors, these projects include a variety of specific store enhancements, including improved store layouts, expanded grocery and health and beauty sections, as well as lighting, heating, refrigeration and parking lot improvements. Additionally, the introduction of newer technology in key areas during the remodel process will result in more energy-efficient stores.
Michigan-based Meijer operates more than 230 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.