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A new Hy-Vee store opened this morning in my area. They scheduled the opening for 6AM. A television station interviewed the first person in line who said he got in line at 8 PM the night before and waited in line for ten hours. I don't get the fascination with new stores. This is a 96,000 square foot store.
It was the same when a 240,000 sq ft Woodmans opened a few years ago. I shopped at Woodman's one time after the store that I usually shopped at closed when the company went bankrupt. I didn't know it at the time but they don't take credit cards but the would take debit cards, checks or cash. The store is very large but they don't have anything really different than any other store. They didn't have some of the brands I usually bought. It takes an hour or more to go through the store.
City governments are so anxious to bring in these stores but they don't figure out that it will take business away from stores already in the area so there won't be any net gain and might be a net loss if they gave tax breaks to the new stores and the new infrastructure they have to build to for the new store.
It's the same when a new restaurant comes to town.
It was the same when a 240,000 sq ft Woodmans opened a few years ago. I shopped at Woodman's one time after the store that I usually shopped at closed when the company went bankrupt. I didn't know it at the time but they don't take credit cards but the would take debit cards, checks or cash. The store is very large but they don't have anything really different than any other store. They didn't have some of the brands I usually bought. It takes an hour or more to go through the store.
City governments are so anxious to bring in these stores but they don't figure out that it will take business away from stores already in the area so there won't be any net gain and might be a net loss if they gave tax breaks to the new stores and the new infrastructure they have to build to for the new store.
It's the same when a new restaurant comes to town.