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by brewdad
56 days ago
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In my town of 100,000 people there are four options. A universally high priced grocery, a dirt cheap, goods at our near their sell by date with the expected low quality grocery, a gas station convenience store, or a bunch of mid-tier grocers with a few different names all owned by the same parent company. Many places would dream of my "options". |
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You are making the fundamental mistake of thinking that the current equilibrium of local stores will continue to persist once some of the stores make a deep and fundamental change to their business. That is obviously not the case. It would create a gigantic strategic opportunity for competitors. And competitors really like finding strategic opportunities where they can make a bunch of money now where they couldn't before.