- Thread starter PICHARDO
- Start date
New Stores under construction in Santiago
Seems odd that they would build a "Jumbo" one block away from "Supermercado Nacional".
I was under the impression that "Jumbo" and Nacional" were the same company.
This would definitely reduce the amount of business at Nacional, shooting them self in the foot?
That corner (Av. Juan Pablo Duarte and Av. Estrella Sadhala might be a little nightmarish, traffic wise.
The public cars are a real pain in the butt at that corner (They act like they own it, (Usual attitude)).
Bavaro is going kinda slow, wasn't it supposed to open this past February?
Still looks months away from any possible opening (Your friends need to send you updated photos).
Interesting that on the map, the label for "Bella Terra Mall" shows as "Palacio del Cine".
I guess the movie theater is more popular then the mall.
I was under the impression that "Jumbo" and Nacional" were the same company.
This would definitely reduce the amount of business at Nacional, shooting them self in the foot?
That corner (Av. Juan Pablo Duarte and Av. Estrella Sadhala might be a little nightmarish, traffic wise.
The public cars are a real pain in the butt at that corner (They act like they own it, (Usual attitude)).
Bavaro is going kinda slow, wasn't it supposed to open this past February?
Still looks months away from any possible opening (Your friends need to send you updated photos).
Interesting that on the map, the label for "Bella Terra Mall" shows as "Palacio del Cine".
I guess the movie theater is more popular then the mall.
Totally agree with SantiagoDR....this will be a mess (as I said in another post)
That area to the left of the orange box is don Eduardo Leon Ascencio's old place...soon to be a residence. Santiago loses its green spaces...what a shame.
Like we need more supermarkets. I agree with above posters. There is only so much money in Santiago that can be spent in supermarkets. For a while it was supermarkets live Supermercado Victoria, or Supermercado Jardines or Supermercado Central that supplied the people. Then came Nacional and Pola and things stabilized. Central expanded to the Estrella Sadhala out by Los Salados, near Baldom, where another demographic lives.
Now, with the new Sirena on the highway, the new BRAVO and the new JUMBO and a new CCN>?? the slice that each one gets is going to be smaller and smaller....
What are they thinking???? Perhaps they know something we do not?
HB
That area to the left of the orange box is don Eduardo Leon Ascencio's old place...soon to be a residence. Santiago loses its green spaces...what a shame.
Like we need more supermarkets. I agree with above posters. There is only so much money in Santiago that can be spent in supermarkets. For a while it was supermarkets live Supermercado Victoria, or Supermercado Jardines or Supermercado Central that supplied the people. Then came Nacional and Pola and things stabilized. Central expanded to the Estrella Sadhala out by Los Salados, near Baldom, where another demographic lives.
Now, with the new Sirena on the highway, the new BRAVO and the new JUMBO and a new CCN>?? the slice that each one gets is going to be smaller and smaller....
What are they thinking???? Perhaps they know something we do not?
HB
This is called competition, and what it will create is lower pricing.......
Personally, I would love to see one on every block...........
They will be at each others throat trying to outdo the other.....
Sales galore......
Just like in the states with the gas stations on every corner..............
B in Santiago
Personally, I would love to see one on every block...........
They will be at each others throat trying to outdo the other.....
Sales galore......
Just like in the states with the gas stations on every corner..............
B in Santiago
What they are thinking is something I have noticed that is part of the mentality here. For example on the way to Jarabaocoa, there was one restaurant that served ribs and chicken and did fairly well. Now there are two other rib joints on the same road. The competitors saw a business doing OK and thought, let's copy them and we will also do well is the sadly lacking thought process. Instead of coming up with an original idea, it was monkey-see, monkey-do.
Well on the bright side, I guess, these stores will need employees and if people have jobs they won't be inclined to rob and steal. Just perhaps there will be a decline in street crimes.
No it will create higher pricing and more efforts to con the customer. Also lower prices to farmers who supply the supermarkets.
Efficient and low cost supermarkets in Europe make sure they are located in areas on little competition and low overheads through minimalistic stores.
No frills - Wikipedia, the free encyclopedia
However, this obsession with traditional rivals has blinded companies to the threat from disruptive, low-cost competitors. All over the world, especially in Europe and North America, organizations that have business models and technologies different from those of market leaders are mushrooming. Such companies offer products and services at prices dramatically lower than the prices established businesses charge, often by harnessing the forces of deregulation, globalization, and technological innovation. By the early 1990s, the first price warriors, such as Costco Wholesale, Dell, Southwest Airlines, and Wal-Mart, had gobbled up the lunches of several incumbents. Now, on both sides of the Atlantic, a second wave is rolling in: Germany?s Aldi supermarkets, India?s Ara-vind Eye Hospitals, Britain?s Direct Line Insurance, the online stock brokerage E*Trade, China?s Huawei in telecommunications equipment, Sweden?s IKEA furniture, Ireland?s Ryanair, Israel?s Teva Pharmaceuticals, and the United States? Vanguard Group in asset management. These and other low-cost combatants are changing the nature of competition as executives knew it in the twentieth century.
Aldi doesn?t pamper customers. Its stores display products on pallets rather than shelves in order to cut restocking time and save money. Customers bring their own shopping bags or buy them in the store. Aldi was one of the first retailers to require customers to pay refundable deposits for grocery carts. Shoppers return the carts to designated areas, sparing employees the time and energy needed to round them up. At the same time, Aldi gets the basics right. There are several checkout lines, so wait times are short even during peak shopping hours. Its scanning machines are lightning fast, which allows clerks to deal quickly with each shopper. Most retailers follow local pricing, but every Aldi store in a country charges the same price, which reinforces the chain?s image as a consumer champion. In 2006, Germans voted Aldi the country?s third most-trusted brand, behind only Siemens and BMW. Aldi sells products far cheaper than rivals do. To suppliers? prices, the company adds about 8% to cover transportation, rent, marketing, and other overhead costs, and about 5% for staff costs. Thus, Aldi?s average markup is 13% while that of most European retailers is 28% to 30%. Not surprisingly, 89% of all German households made at least one trip to an Aldi in 2005, and according to European market research firms, the chain had a 20% share of Germany?s supermarket business.
Notice how traditional stores rip off the consumer with twice the mark-up - the last thing that DR needs!
Strategies to Fight Low-Cost Rivals - Harvard Business Review
The Indian strategy of price controls to limit the expansion of rip off chains could be applied to the DR.
yapask1
Hmmmmmm........
One store selling a product "high prices"...........
Several selling the same items you think prices will increase............
I guess competition works in reverse here.............
B in Santiago
One store selling a product "high prices"...........
Several selling the same items you think prices will increase............
I guess competition works in reverse here.............
B in Santiago
You will find the same prices in several supermarkets in the same town in Europe. In towns where there are too many stores then prices are increased compared with towns with few stores. The total cost of running the stores for the total amount of business is higher so managers raise prices.
Supermarkets spy prices each week and price match and there is no incentive to lower prices. In some areas they collectively fight tooth and nail to keep new competitors such as lidl out and to close local markets selling local produce.
e.g. Oxford UK...
- www.[B]nrpf.org.uk[/B]/PDF/USM_Lidl.pdf
Farmers of course protest the collective action of the monopoly buyer supermarkets.
UK Farmers Protest Over Poor Milk Prices
yapask1
Bravo opens its doors in Santiago. There's also rumors that they're planning to built a second super market in the City.
CitySantiago.com ? Supermercados Bravo inaugura sucursal
CitySantiago.com ? Supermercados Bravo inaugura sucursal