Thursday, June 10, 2004

Chicago Tribune | Poorer areas hungry for supermarkets

Interesting look at a contentious topic. How much does it cost for a store to open? I think since the margins are so thin, that supermarket business is very tough and risk averse.

I am also curious about the implication that only big supermarkets have healthy food. Sure it's cheaper to buy hotdotgs than chicken breasts, but there are demand side things that must be accounted for. Do poor people demand more processed food? When I lived in Mt P in DC, there were (and I think still aren't) any major grocery stores near by. However there were three or four markets on Mt Pleasant Street. People from the suburbs came to them to get ethnic foods. I thought it was ok.

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