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Old 02-06-2015, 09:47 AM
Location: Montreal -> CT -> MA -> Montreal -> Ottawa
17,330 posts, read 33,216,778 times
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Are you living in Portsmouth, by any chance? The city has changed a lot -- I see that even as an infrequent visitor. It's become a hidden gem for tourists. It's funky and fun and quiet (but not too quiet), and that's a recipe for (a) a big tourist influx, of people who want to spend a week or more at a stretch there, which is a recipe for (b) a higher-end grocery experience, mostly for said visitors.
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Old 02-09-2015, 08:32 AM
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Originally Posted by mainebrokerman View Post
Albertsons was a traditional supermarket, that's getting squeezed out of the market between Wal-Mart and whole foods

Albertsons like many traditional supemarkets, went for the value customers,,,,tried to keep prices low and work on high volume,,
averaging 25% gross margins for the store

whole foods and other health food stores can operate on 40-50% margins,,because the customers are willing to pay 5.69 for a loaf of bread

so Albertsons could sell 20 loaves and make .20 loaf and the health food store can sell 2 loaves and get the same profit

Albertsons and the other traditional supermarkets use to have the whole foods customers,,that would pay a little more for what they want - or higher quality,,

with those customers going to whole foods, trader joes, that leaves just the cherry pickers (value shoppers) at the supermarkets ..
lower and lower margins until they finally close

and that leaves wal mart we can say whatever we want about their stores ,,,but they sell more groceries in the u/s/ than anyone else
and because of his volume they offer the cheapest prices in the aisles,,,,the meat and produce sucks but ,,,the rest of the stuff is very cheap

also the health food Nazi's are scaring everyone into eating organic or you will die from the conventional stuff
its like gluten free,,,,celiacs need to eat gluten free,,,but there's been such hype about it being so healthy there are actually more people eating gluten free that aren't celiacs, than are - its the drumbeat of all that is "healthy"

half of it may be propaganda and b.s. but women seem to believe most of it ( I got 4 pink slime questions last week, and I never sold it- the health food Nazi's and media scared he masses into thinking pink slime was in ALL the burger ...everywhere
Amen, Sir!
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