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bucolic_frolic

(51,560 posts)
4. Small town grocers and drugstores are vulnerable
Sun Jun 10, 2018, 01:29 PM
Jun 2018

Their margins are slim. They may be affiliated with grocers' associations, small food distribution/marketing firms, or small town pharmacists networks/chains, but their traffic varies and their advertising struggles to offer value one week and scalps the next two weeks just to keep the foot traffic up. I could see many not survive when SNAP support falls. In the Great Recession one store near me closed for about 18 months, ostensibly for new owners and a remodel. The remodel was a paint job though they completed the rest of it about 5 years later, and since then, of course, prices have gone up to pay for it all. But for people who drop their retirement income there because they can't travel far it is a lifeline.

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Latest Discussions»Retired Forums»Working Poor»Grocery stores worry abou...»Reply #4