Comments :: Independent grocer to replace closed Kroger in Raleigh
Independent grocer to replace closed Kroger in Raleigh
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31 Comments
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January 25, 2013 9:52 a.m.
January 22, 2013 10:21 a.m.
Well they wont stay in business long without sales. Some expenses you cannot control. With labor you have to pay min wage not many stores pay more. You cannot cut electrity. Lights, heat coolers must be operating. You cant control maint and keep the store looking at least decent. Advertising keeps customers coming in week after week. The reason a business fails is a lack of customers and no money. You cant control the rent if it is not your building. You dont think Kroger and Winn Dixie knew how to run a business? Frankly I like high sales--that puts money in the cash register. Then finally there is inventory shrinkage that you have to charge more for the items you sell making your prices higher. Many stores can sell cheaper because of their high volumne of sales.
January 21, 2013 5:12 p.m.
January 21, 2013 5:05 p.m.
....Partially correct. High volume isn't a requirement, its nice, but not essential. Your profits just have to surpass your expenses. Carlie C's has been in business for a long time, so they know how to manage overhead (labor, electric, rent, maintenance, advertising, etc). It's why one businees fails and another similar one succeeds....it's all about managing your overhead closely, very closely. High volume can actually drive your overhead up, as it takes more people and more warehousing to handle it usually. Higher sales doesn't mean jack if your expenses go off the chart.
January 21, 2013 4:22 p.m.
January 21, 2013 3:35 p.m.
January 21, 2013 11:32 a.m.
IGA is an association, not a company or chain. It markets and provides buying power for independant grocery stores. Carlie C's is coming, not IGA. Carlie C's just happens to be an IGA member. Referring to any store as The IGA is technically incorrect.
January 21, 2013 11:31 a.m.
January 21, 2013 9:48 a.m.
January 18, 2013 7:50 p.m.