Less Is More
by Adam Zack — December 31, 2019
Every year at New Year’s I hear and read about people who have died during the year. Actors, musicians, famous people. It makes me reflect on the year and how fast it went. According to Credit Suisse, more than 7,600 retail stores closed in the United States through October of this year. That’s a mournful number. That’s also a record number of closings through that point, ever. Even during the Great Recession, which we all lived through. To make it even more alarming, it happened during a very prosperous economy. The S&P 500 department stores index dropped 30% this year. Yikes.
So what are great grocery retailers like you doing to not be a statistic of losers? You are evolving, offering new products and services. You are solving “What’s For Dinner?” and giving lunch options that nutritious and a good value. You are taking a “Less is more” approach and streamlining operations and maximizing what you offer in limited space. And you’re not giving them a reason to go somewhere else or order online. So, here on December 31, 2019, I will raise my glass to you, the independent grocery retailer. You’re not a statistic and you make me hungry every time I visit, and that will never go away. Cheers.
Filed Under: Company Blog