It’s a story told everywhere. The number of single-location grocery stores dropped by 3,000 from 2002 through 2007, according to the most recent U.S Census data. The trend ought to show as big or bigger in new numbers due later this year, according to Stacy Mitchell of the Institute for Local Self-Reliance.
The buying power of bigger chains like Wal-Mart Stores Inc., with annual grocery revenues of $156 billion, is so strong that grocers in tiers below have been forced to consolidate, said Mitchell, co-director of the Minneapolis-based advocacy group. What’s left is an impossible pricing environment for places like Colella’s, whose $13 million in gross sales in its best years has dropped well below that.
A self-described workaholic who’s run the Boston Marathon four times, Danahy talks with a heavy heart about the 2011 arrival in town of Price Chopper, a 134-store chain based in Schenectady, New York. Price Chopper grabbed more than 10 percent of her business. For a profit margin that never gets better than 2 percent, that’s a nightmare.Continue reading the article here
http://www.milforddailynews.com/article/20150313/NEWS/150317616/1994/NEWS/?Start=1
The demise of several local businesses in Franklin has spawned the grass roots efforts on the Shop Small Co-op. The collaboration around marketing is a great community effort.
- March meeting
http://www.franklinmatters.org/2015/03/shop-small-collaboration-efforts.html
- February meeting
http://www.franklinmatters.org/2015/02/shopfranklin-has-folks-taking-action.html
No comments:
Post a Comment