Are you as amazed as I at the lack of vision and myopic nature of corporate business today? In the wake of the financial crisis it seems that too many are scrambling to keep up just because the NEWS says things are bad.
I was in Krogers this morning: my local grocery store, a chain from Cincinnati, Ohio. I have been a Kroger Shopper for many years when I lived in Memphis. Now in Somerville I have found this store to be great. Wonderful selections, whole food section, quality bakery and florist, great customer service.
That is until recently...
Walmart moved in less than a mile away. In the past couple of week I have noticed changes. Things that appear as if Kroger is competing with Walmart.
What is absurd is the idea that they are on equal enough footing to compete. Walmart is the huge discount store that competes with NO ONE. They bully vendors into lower and lower prices so their profit margins are high. Not to mention pushing out competitors. Krogers remains a large grocer whos focus has always been providing the local communities with food stuffs and sundry items.
Now they seem bent on matching the prices and quality of the big retailer and are sacrificing the customer in the process.
I will spend a few cents more to have the quality I desire and the customer service I expect.
So don't sell yourself short -- too many do that and then you are left with only one alternative...
Shopping at Walmart!