Why sweetbay-not publix
Found out today why publix did not go in the new strip mall by the library. Besides a hefty rent, the developer wanted a percentage of profits. Publix has 1070 stores, they are not sharing their profits with anyone except employees who work there. Colony will be a zoo next year even if sweetbay is open by then because some people just prefer publix. Pray for me I work there.:sad:
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Will a Sweetbay definitely be built there, and is Publix considering building in the Brownwood area?
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The residents may need publix, but the developer doesn't
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It was announced in the daily Sun that a Sweetbay was going into that strip mall. Some other stores were named also, but I am not sure of all of them. I know it said Walgreens and China Gourmet, which made it sound very smilar to the strip wherer Publix is. Does anyone know any other named stores?
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Publix does not pay a pertage of profits at the other stores. Because no one knows what rent they pay at colony or other stores it would be hard to tell if developer wanted less rent but would take a chance on making it up in profit. Too many variables and unknowns for a pion.
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I heard a LONG time ago that Sweetbay was slated to go where it went. The practice described is economics 101, even earlier than that we learned it in general business courses in junior high. Please don't make the developers out to be greedy when they are just doing business in established and accepted ways. Most grocery stores almost everywhere do not own their buildings and can negotiate their own deal. Here is another little secret. If you paid twenty dollars for the shirt you are wearing, the store you bought it from paid ten for it and the fabric manufacturer made a profit too. That is common business practice and it isn't wrong to make money. I googled this and this is the first of hundreds of things like it that came up. http://web.mit.edu/cre/students/faculty/pdf/rlease3.pdf |
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PLUS along those same lines....clothing with a "name" on it is made by a factory which goes to a vendor. The tags are put on before the vendor and can be from a plethora of "names". So if you had something that said "Smith" on it and it seemed exclusive---don't be impressed because another vendor would get the same article(s) and could have another "name" put on it. The price would go by which "name" was on the item!! I learned this in a college class as well. Very quickly helped me NOT to be impressed with a "name". It's the Free Enterprise System!!! God Bless America!! I heard (again one of those rumors) that Publix was going somewhere down by hwy 44. |
i shop sweetbay first and whole foods second so i am happy
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I think most of this is conjecture. Just because a person works at Publix doesn't mean they know all the details of contract negotiations like this.
Also, it sounds like a good place for Winn-Dixie to expand into. And Target's expanded food section is nice and bargain-filled too. That would be good in Brownwood area. |
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