Big vs Small Retail Stores
Nov 24th 2009greenbucksAround the Metro & Business & Philippines & Thoughts & Urban Living & Visualizations
With these big supermarkets otherwise known as “hypermarket” opening at almost every available space, it is no wonder that small businesses are losing their usual customers.
Where we are staying, a big hypermarket from a big company of malls just opened up. We decided to check it out one time and although we found the usual stuff being sold in their other outlets, it is still a bit reassuring for some that such an outlet exists within a few minutes from where we live. With school children, one does not know when there is an emergency urgency to get something for school to be used the next day.
On the other hand, I feel that the small businesses in the vicinity of this big store, meaning a few minutes ride and drive, are threatened. Good if these have business insurance to back them up in times of need.
I hope these smaller businesses won’t fold up like how I see happening in the rural areas.
