Surprising Cause of Food Deserts

Surprising Cause of Food Deserts

Techfinology

1 месяц назад

1,686 Просмотров

I look at food deserts to find the cause of food deserts and try and figure out why grocery stores and supercenters like Walmart fail in certain lower income areas.

Why do grocery stores do well in some parts of a city but fail in other parts of the city? Is shoplifting to blame?

Why do dollar stores do well in food deserts or low income areas while grocery stores and Walmart close?

What are some of the causes of food deserts?
Lack of transportation, low disposable income, high theft, and poor net margin of the business all seem to be potential causes.

https://capitaloneshopping.com/research/shoplifting-statistics/

There are some other situations such as a declining city population but this video is not about such obvious situations.

Dollar stores have been villainized as one of the main reasons for food deserts and the closing of grocery stores but in reality they are meeting customer needs more favorably than grocery stores by providing lower priced items, numerous conveniently located stores and have a business model that can survive higher shoplifting or theft rates.

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#investing #fooddesert #investing #stocks #netmargin #kroger #walmart #closedstores

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