Ask your Store Manager how much the stores EBITDA is or if the stores is on leased properly or owned property. If the stores EBITDA isn't positive, the next lease not to be renewed. If the store is atleast breaking even and on company owned property, you have a good change of staying open. But in reality is all depends on EBITDA (profit), and growing the business. The companies business model is for FUEL, RX, Pickup in all stores. Even if its an older store, they still spend $$ here and there on normal upgrades. In reality the company previously had a business model of a "neighborhood" store, which has now changed into regional neighborhood Marketplaces. I have not seen/heard of any "neighborhood" (smaller) stores being built in the last 10 years, only Marketplace locations replacing 2 smaller stores. If anything a smaller store might be rebuilt if EBITDA is good and the original store is older.
Ask your Store Manager how much the stores EBITDA is or if the stores is on leased properly or owned property. If the stores EBITDA isn't positive, the next lease not to be renewed. If the store is atleast breaking even and on company owned property, you have a good change of staying open. But in reality is all depends on EBITDA (profit), and growing the business. The companies business model is for FUEL, RX, Pickup in all stores. Even if its an older store, they still spend $$ here and there on normal upgrades. In reality the company previously had a business model of a "neighborhood" store, which has now changed into regional neighborhood Marketplaces. I have not seen/heard of any "neighborhood" (smaller) stores being built in the last 10 years, only Marketplace locations replacing 2 smaller stores. If anything a smaller store might be rebuilt if EBITDA is good and the original store is older.
One of the more informative posts I've seen on here. Seems highly accurate.
There's a store in my district, 705 Wayne Ave. Its an old OLD store, built in 1958. It has no fuel center, no pharmacy, no floral, no pickup. Not even a u-scan. I'm not sure how profitable it is but i doubt its very much at all. They only run about 250k a week.
I think the only thing keeping that store open is that there's no competition in that side of Dayton.
In situations like the Nashville, Ill stores, as long as competition does not move in it should be fine. In really small towns, the company isn't going to pull a store out as long as its the only option and breaking even. In situations where its a small, small town and the stores it the only grocery, you the would most likely get pass me down equipment and a fresh coat of paint here and there. Hell, looking at the store from the google map, it looks like the Cirkle-K might even be bigger.....
