Quote:
Originally Posted by esquire
That will be a factor in how viable a grocery store is.
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Downtown Winnipeg could have the highest per household income in all of Canada and a downtown grocery store is still not going to happen.
People need to adjust their thinking. Bricks and mortar retail is dying across all sectors and the lower the margins the harder it is to spin a business case on opening a new location. There are few segments with lower margins than groceries which is why that segment is all about extreme volumes.